About Rashki
Rashki is a company based in Delhi (India) founded in 2018.. Rashki has raised $527.6 thousand across 2 funding rounds from investors including LetsVenture, Dexter Angels and Kusum Jain. Rashki offers products and services including Handbags, Laptop Bags, Backpacks, and Heels. Rashki operates in a competitive market with competitors including RangYatra, Inkmilan, Aulive and The Flaire Shop, among others.
- Headquarter Delhi, India
- Stage Minicorn
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Sectors
Retail
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Phone
*********
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Website
*********
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Social
*********
- Legal Name Mygiraffe Lifestyle Private Limited
- Date of Incorporation 28 Nov, 2018
- Jurisdiction Noida, Uttar Pradesh, India
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Annual Revenue
$178.95 K (USD)151.4as on Mar 31, 2022
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Net Profit
$3.36 K (USD)133.98as on Mar 31, 2022
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EBITDA
$2.41 K (USD)122.18as on Mar 31, 2022
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Total Equity Funding
$527.6 K (USD)
in 2 rounds
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Latest Funding Round
$272.92 K (USD), Seed
Feb 12, 2024
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Investors
LetsVenture
& 32 more
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Employee Count
Employee Count
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Products & Services of Rashki
Rashki offers a comprehensive portfolio of products and services, including Handbags, Laptop Bags, Backpacks, and Heels. The company's diverse product and service offerings are designed to meet the evolving needs of its customers, address market demands, and provide comprehensive solutions that drive value creation and customer satisfaction across various segments and use cases.
Stylish bags for daily and professional use
Bags designed to carry laptops and essentials
Versatile backpacks for travel and work needs
Fashion heels for styling and comfort
Funding Insights of Rashki
Rashki has successfully raised a total of $527.6K across 2 strategic funding rounds. The most recent funding activity was a Seed round of $272.92 thousand completed in February 2024. This substantial capital infusion reflects strong investor confidence in the company's business model, growth potential, and market opportunities. The funding enables strategic expansion, product development, market penetration, and operational scaling to drive long-term value creation and competitive advantage.
- Total Funding Total Funding
- Total Rounds 2
- Last Round Seed — $272,920
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First Round
First Round
(06 Feb 2023)
- Investors Count 33
| Date | Amount | Transaction Name | Valuation | Lead Investors | Investors |
|---|---|---|---|---|---|
| Feb, 2024 | Amount | Seed - Rashki | Valuation | LetsVenture , Prabir Jha | |
| Feb, 2023 | Amount | Seed - Rashki | Valuation | Dexter Ventures , Dexter Angels |
| Date | Amount | Transaction Name | Valuation | Lead Investors | Investors |
|---|---|---|---|---|---|
| Jul, 2021 | Amount | Post-IPO - Grab | Valuation |
investors |
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| Feb, 2021 | Amount | Post-IPO - Grab | Valuation |
investors |
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| Jan, 2021 | Amount | Post-IPO - Grab | Valuation |
investors |
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| Feb, 2021 | Amount | Post-IPO - Grab | Valuation |
investors |
Investors in Rashki
Rashki has secured backing from 33 investors, including angel, venture fund, and institutional investors. Prominent investors backing the company include LetsVenture, Dexter Angels and Kusum Jain. This diverse investor base provides strategic capital, industry expertise, and valuable network connections that support the company's growth initiatives, market expansion, and long-term value creation.
| Investor | Description | Founded Year | Domain | Location |
|---|---|---|---|---|
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Early-stage tech startups are supported via venture capital and acceleration.
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Founded Year | Domain | Location | |
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Pre-seed and seed-stage investments are made across multiple sectors.
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Founded Year | Domain | Location | |
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Venture capital funding and support for pre-seed and seed-stage startups in India.
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Founded Year | Domain | Location |
| Investor | Description | Founded Year | Domain | Location |
|---|---|---|---|---|
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Single family office of Amitabh Bachchan, founder of Amitabh Bachchan Corporation or AB CORP
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Founded Year | Domain | Location | |
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Startup ecosystems are ignited through strategic investments by Signite Partners.
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Founded Year | Domain | Location | |
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Venture capital is directed toward companies in multiple sectors.
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Founded Year | Domain | Location | |
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Venture capital is invested in cybersecurity, fintech, and AI startups.
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Founded Year | Domain | Location |
Investments & Acquisitions by Rashki
| Company Name | Description | Domain | Location | Founded Year | Amount |
|---|---|---|---|---|---|
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Bionic investment advisor platform
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2016 | ||||
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Fine Asian gourmet food is offered by an internet-first restaurant.
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2016 | ||||
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Physical e-commerce kiosks are deployed for rural purchases in Indonesia.
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2014 | ||||
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Fine Asian gourmet food is offered by an internet-first restaurant.
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2016 |
Financial Statements - Rashki
| Date | Amount | Transaction Name | Valuation | Lead Investors | Investors |
|---|---|---|---|---|---|
| Jul, 2021 | Amount | Post-IPO - Grab | Valuation |
investors |
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| Feb, 2021 | Amount | Post-IPO - Grab | Valuation |
investors |
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| Jan, 2021 | Amount | Post-IPO - Grab | Valuation |
investors |
|
| Feb, 2021 | Amount | Post-IPO - Grab | Valuation |
investors |
Rashki Comparisons
Competitors of Rashki
Rashki operates in a dynamic and competitive business environment, facing competition from various established players and emerging companies in the market. The competitive landscape includes prominent companies such as RangYatra, Inkmilan, Aulive and The Flaire Shop, among others. This competitive environment drives innovation, market differentiation, and strategic positioning as companies strive to capture market share and deliver value to their customers. Understanding the competitive dynamics is crucial for assessing market positioning, identifying growth opportunities, and navigating the challenges inherent in a competitive marketplace.
| Company Name | Domain | Founded year | HQ Location | Description |
|---|---|---|---|---|
| domain | founded_year | HQ Location |
Online fashion brand offering a variety of handbags and wallets.
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| domain | founded_year | HQ Location |
Online retailer specializing in vegan leather bags and accessories for consumers.
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| domain | founded_year | HQ Location |
Operates a direct-to-consumer brand offering handcrafted vegan leather handbags and wallets.
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| domain | founded_year | HQ Location |
Runs a direct-to-consumer brand offering eco-friendly leather handbags.
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| Company Name | Domain | Founded year | HQ Location | Description |
|---|---|---|---|---|
| domain | founded_year | HQ Location |
Multiple services are booked via an app-based platform.
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| domain | founded_year | HQ Location |
On-demand services are booked through an app-based platform.
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| domain | founded_year | HQ Location |
App based platform offering on demand delivery and ride-hailing services
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| domain | founded_year | HQ Location |
Operates an on-demand hyperlocal delivery app for food and groceries.
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Frequently Asked Questions about Rashki
When was Rashki founded?
Rashki was founded in 2018 and raised its 1st funding round 5 years after it was founded.
Where is Rashki located?
Rashki is headquartered in Delhi, India. It is registered at Delhi, Delhi, India.
Is Rashki a funded company?
Rashki is a funded company, having raised a total of $527.6K across 2 funding rounds to date. The company's 1st funding round was a Seed of $254.68K, raised on Feb 06, 2023.
What is the annual revenue of Rashki?
Annual revenue of Rashki is $178.95K as on Mar 31, 2022.
What does Rashki do?
Rashki was founded in 2018 and is headquartered in Delhi, India. Operations are conducted as an internet-first brand within the e-commerce sector, focusing on multi-category accessories. Products such as leather laptop bags, leather handbags, facemasks, and additional items are provided through the online platform at rashki.com. The company serves customers via digital channels in the accessories market.
Who are the top competitors of Rashki?
What products or services does Rashki offer?
Rashki offers Handbags, Laptop Bags, Backpacks, and Heels.
Who are Rashki's investors?
Rashki has 33 investors. Key investors include LetsVenture, Dexter Angels, Kusum Jain, Shilpa Singh, and Ruchir Chheda.
What is Rashki's valuation?
The valuation of Rashki is $2.44M as of Feb 2023.