About Recode Studios
Recode Studios is a company based in Delhi (India) founded in 2018 by Dheeraj Bansal and Rahul Sachdeva. Recode Studios has raised $493.4 thousand across 1 funding round from investors including Sanjay Katkar, Vs Park Investment and Ashok Bahadur. The company has 27 employees as of March 31, 2024. Recode Studios offers products and services including Lipsticks, Eyeliner, Primers, and Face Washes. Recode Studios operates in a competitive market with competitors including Mamaearth, MyGlamm, Minimalist, The Ayurveda Experience and Renee Cosmetics, among others.
- Headquarter Delhi, India
- Employees 27 as on 31 Mar, 2024
- Founders Dheeraj Bansal, Rahul Sachdeva
- Stage Minicorn
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Sectors
ConsumerHealthcare
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Email
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Phone
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Website
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Social
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- Legal Name Recode Studios Private Limited
- Date of Incorporation 16 Jun, 2021
- Jurisdiction Ludhiana, Punjab, India
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Annual Revenue
$2.71 M (USD)102.77as on Mar 31, 2023
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Net Profit
$84.28 K (USD)60.41as on Mar 31, 2023
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EBITDA
-$89.86 K (USD)51.08as on Mar 31, 2023
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Total Equity Funding
$493.4 K (USD)
in 1 rounds
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Latest Funding Round
$493.4 K (USD), Seed
Feb 04, 2023
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Investors
Vs Park Investment
& 14 more
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Employee Count
27
as on Mar 31, 2024
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Products & Services of Recode Studios
Recode Studios offers a comprehensive portfolio of products and services, including Lipsticks, Eyeliner, Primers, and Face Washes.
Lip color products for vibrant, long-lasting everyday wear
Liquid eyeliners for enhancing eye style and definition
Base products for smooth, long-lasting makeup application
Cleansing products for daily skin care and glow
Funding Insights of Recode Studios
Recode Studios has successfully raised a total of $493.4K through 1 strategic funding round. The most recent funding activity was a Seed round of $493.4 thousand completed in February 2023. 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.
Investors in Recode Studios
Recode Studios has secured backing from 15 investors, including angel and institutional investors. Prominent investors backing the company include Sanjay Katkar, Vs Park Investment and Ashok Bahadur.
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Sanjay Katkar |
Co-founder of Quick Heal Technologies, prominent Indian angel investor
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Ashok Bahadur |
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Investor details for Recode Studios
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Investments & Acquisitions by Recode Studios
Investment portfolio details for Recode Studios
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- Transaction dates
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Financial Statements - Recode Studios
Detailed financials for Recode Studios
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Recode Studios Comparisons
Peer comparison for Recode Studios
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Competitors of Recode Studios
Recode Studios 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 Mamaearth, MyGlamm, Minimalist, The Ayurveda Experience and Renee Cosmetics, among others.
| Company Name | Domain | Founded year | HQ Location | Description |
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Online brand offering multi-category natural skin care and makeup products
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Online platform selling beauty products, makeup, skincare, and cosmetics in India.
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Manufacturer of skincare, haircare, and baby care products addressing various skin and hair concerns
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Provides online sales of Ayurvedic face, body, hair care, and educational resources.
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Organic cosmetics are offered via an internet-first brand model.
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Organic beauty products are offered by an internet-first brand.
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Detailed competitors of Recode Studios
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Latest news on Recode Studios
Complete news archive for Recode Studios
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Frequently Asked Questions about Recode Studios
Recode Studios was founded in 2018 and raised its 1st funding round 5 years after it was founded.
Recode Studios is headquartered in Delhi, India. It is registered at Delhi, Delhi, India.
Dheeraj Bansal is the current CEO of Recode Studios. They have also founded this company.
Recode Studios is a funded company, having raised a total of $493.4K across 1 funding round to date.
As of Mar 31, 2024, the latest employee count at Recode Studios is 27.
Annual revenue of Recode Studios is $2.71M as on Mar 31, 2023.
Recode Studios was established in 2018 in Delhi, India, as an internet-first brand within the beauty sector. Multi-category makeup care products are developed and distributed primarily through online channels. Operations are centered in India, with a focus on direct-to-consumer sales. The company is led by co-founders Dheeraj Bansal as CEO and Rahul Sachdeva. Expansion efforts target broader accessibility in the cosmetics market.
Recode Studios's top competitors include MyGlamm, Mamaearth and Renee Cosmetics.
Recode Studios offers Lipsticks, Eyeliner, Primers, and Face Washes.
Recode Studios has 15 investors. Key investors include Sanjay Katkar, Vs Park Investment, Ashok Bahadur, Dinesh Kumar Dua, and Jyoti Khandelwal.
The valuation of Recode Studios is $12.09M as of Feb 2023.