About Relove
Relove is a Retail company based in Mumbai (India) founded in 2021 by Prateek Gupte. A platform offering recommerce management software for fashion businesses. It operates in the Retail and Technology sectors. Relove has raised $700 thousand across 1 funding round from investors including Hearth Ventures, peercheque and Blume Ventures. The company has 1 employees. Relove was last valued at $4.73 million in July 2022. Its Indian entity Bahaal Technologies Private Limited reported revenue of ₹90.5 Lakh. Its focus areas include Brands Tech, Recommerce Management, Fashion Brands and E-Commerce Enablers.
Company details
Relove was founded in 2021 in Mumbai, India, as a platform focused on recommerce for the fashion sector. Operations include a peer-to-peer resale marketplace and liquidation of damaged inventory. Processes managed encompass technology integration, listing approvals, shipping, communication, customer care, and traceability, supporting fashion businesses in handling resale activities efficiently.
- Headquarters Mumbai, India
- Employees 1
- Founders Prateek Gupte
- Stage Minicorn
- SectorsRetailTechnology
- Email••••••••
- Website relove.in
- Social LinkedIn X
- Legal Name Bahaal Technologies Private Limited
- Date of Incorporation 17 Apr, 2021
- Jurisdiction Mumbai, Maharashtra, India
- Annual Revenue₹90.5 Lakh
FY 2024 · +220% YoY
- Net Loss-₹81.5 Lakh
FY 2024 · -90% margin
- EBITDA-₹79.7 Lakh
FY 2024 · -88% margin
- Total Equity Funding$700K (USD)
in 1 rounds
- Latest Funding Round$700K (USD), Seed
Jul 2022
- InvestorsHearth Ventures
& 5 more
- Employee Count1
Associated legal entities of Relove
Relove operates through Bahaal Technologies Private Limited (active). Its filings, financials, charges and directors are on the company page.
| Legal entity | Status | Incorporated | Registered in | Revenue (FY 2024) | Employees | Directors | Company page |
|---|---|---|---|---|---|---|---|
| Bahaal Technologies Private Limited CIN U74999MH2021PTC359115 | Active | 17 Apr 2021 | Mumbai, Maharashtra | ₹0.9 Cr | 24 | 3 | View details |
Funding Insights of Relove
Relove has successfully raised a total of $700K through 1 strategic funding round. The most recent funding activity was a Seed round of $700 thousand completed in July 2022. 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 $700,000
- Total Rounds 1
- Last Round Seed — $700,000
- First Round $700,000
(Jul 2022)
- Investors Count 6
All 1 funding rounds of Relove with amounts and investors; the two latest post-money valuations are shown, the rest are part of the premium plan.
| Date | Amount | Transaction Name | Valuation | Lead Investors | Investors |
|---|---|---|---|---|---|
| Jul 2022 | $700,000 | Seed | $4.73M | Hearth Ventures |
| Date | Valuation | Stage |
|---|---|---|
| Jul 2022 | $4.73M | •••••••• |
Last known valuation $4.73M (Jul 2022). 6 investors in total: 3 institutional and 3 angel.
Investors in Relove
Relove has secured backing from 6 investors, including venture fund and angel investors. Prominent investors backing the company include Hearth Ventures, peercheque and Blume Ventures.
| Investor | Description | Founded Year | Domain | Location |
|---|---|---|---|---|
Investment in early-stage technology startups, focusing on SaaS, FinTech, AI, and Consumer sectors. | 2022 | peercheque.com | Mumbai, India | |
Venture funding for India's Creative, Cultural, and Circular economy sectors to enhance rural livelihoods. | 2021 | hearth.ventures | Mumbai, India | |
Seed and early-stage investments are made across sectors in India. | blume.vc | Mumbai, India | ||
AV Aakrit Vaish | Co-founder of Haptik, angel investor in Indian startups, AI enthusiast | unknown_4398c71849ec4fdba | ||
UA Utsav Agarwal | Angel investor, Director at Omax Autos, focused on tech startups | unknown_d080fb4946c745cdb | ||
AD Anita Dongre | Renowned fashion designer, founder of AND, Global Desi, and angel investor | unknown_4c490fb7b42048ef8 |
Investor details for Relove
The complete investor list, round-by-round participation and investor portfolios require an active premium plan.
- Complete investor list
- Round participation
- Investor portfolios
- Co-investor network
Verified entity values are shown only after access is granted.
Board of directors of Bahaal Technologies Private Limited (Relove)
Bahaal Technologies Private Limited is the primary company behind Relove. The board of Bahaal Technologies Private Limited currently have 3 directors; the longest-serving is Prateek Rajan Gupte, appointed in 2021. 5 earlier directors have ceased.
| Director | Designation | Appointed | Tenure | Entity |
|---|---|---|---|---|
| Prateek Rajan Gupte DIN 07050805 | Director | 17 Apr 2021 | 5 yrs 6 mo | Bahaal Technologies Private Limited |
| Kirti Poonia DIN 09591905 | Director | 02 May 2022 | 4 yrs 5 mo | Bahaal Technologies Private Limited |
| Vipul Prashad Jain DIN 00142518 | Director | 06 Dec 2024 | 1 yr 10 mo | Bahaal Technologies Private Limited |
People of Relove
1 people are tracked at Relove (1 in leadership); the tracked headcount is 1.
| Name | Role | Group |
|---|---|---|
| Co-Founder | Leadership |
Complete people profiles for Relove
Full employee and board profiles, team structure, tenure and professional contact details require an active premium plan.
- Full employee list
- Team structure
- Board tenure
- Professional contacts
Verified entity values are shown only after access is granted.
Financials of Relove
Figures of Bahaal Technologies Private Limited, the primary company behind Relove, for FY 2024. Revenue was ₹90.5 Lakh (+220% year on year). Net loss was -₹81.5 Lakh (-90% margin). EBITDA was -₹79.7 Lakh (-88% margin).
- ₹90.5 LakhRevenue · FY 2024 · +220% YoY
- -₹81.5 LakhNet loss · -90% margin
- -₹79.7 LakhEBITDA · -88% margin
- ₹1.2 LakhPaid-up capital
- 24Employees (provident fund records)
Balance sheet, profit and loss, cash flow and ratios of Bahaal Technologies Private Limited are on its company page.
Detailed financial statements for Relove
Statement rows, ratios, five-year trends and downloadable financials of the group companies require an active premium plan.
- Statement rows
- Financial ratios
- Five-year trends
- Downloads
Verified entity values are shown only after access is granted.
Timeline of Relove
3 dated milestones of Relove across 1 years, from founding to its latest funding, stage changes and deals.
- Founded Relove is founded.
- Funding First funding round of $700K.
- Milestone Reaches Minicorn status.
Web traffic of Relove
The website of Relove (relove.in) receives about 1.2K visits a month.
- Monthly visits1.2K
▼ 48.5% vs previous month
Websites whose visitors overlap most with Relove. Affinity shows how closely the audiences match.
| Website | Domain | Audience affinity | Monthly visits | Global rank | Profile |
|---|---|---|---|---|---|
| nete.in | 100% | 13.8K | #1,233,449 | View details | |
rewago.in | rewago.in | 94% | #687,221 | – | |
mythriftkart.com | mythriftkart.com | 94% | #357,066 | – | |
| bombayclosetcleanse.in | 92% | #712,438 | View details | ||
kuroindia.in | kuroindia.in | 84% | #481,073 | – | |
| •••••••••• | ••••••.com | ••% | •.•M | #••••• | – |
| •••••••••• | ••••••.com | ••% | •.•M | #••••• | – |
| •••••••••• | ••••••.com | ••% | •.•M | #••••• | – |
All 21 similar websites and full traffic analytics for Relove
The complete similar-websites list, audience overlap and engagement analytics require an active premium plan.
- 21 similar websites
- Audience overlap
- Engagement analytics
- Traffic by brand
Verified entity values are shown only after access is granted.
Top companies in Fashion & Lifestyle E-Commerce
3 companies that operate in the same segment as Relove (Fashion & Lifestyle E-Commerce) in India, ranked by their profile score on The Company Check.
| Company | Description | Founded | Location | Total funding | Revenue | Employees |
|---|---|---|---|---|---|---|
Eyewear is offered online for men, women, and kids. | 2010 | Gurugram, Haryana, India | USD 1.04 B | USD 939.4 M | 18,984 | |
Fashion and lifestyle products are offered via an online marketplace. | 2007 | Bengaluru, Karnataka, India | USD 123.71 M | USD 542.17 M | 1,108 | |
Gold and silver jewellery, lab-grown diamonds, and accessories are retailed. | 2019 | Bengaluru, Karnataka, India | USD 142.34 M | USD 32.66 M | 711 |
Unlock complete access to The Company Check
Get unrestricted viewing across everything we track — from companies and brands to investors, funding rounds, acquisitions, financials, and more.
- Unlimited viewing on all profiles Companies, investors, financials, funding, acquisitions & directors
- Full access to every database India & global coverage, advanced filters and rich profile details
- Always-on access from your team account Single premium plan for everything you see on the portal
Related news about Relove
Complete news archive for Relove
Full article history, source details, and older brand coverage require an active premium plan.
- Full article archive
- Source and publication date
- Older coverage
- Brand-specific news history
Verified entity values are shown only after access is granted.
Frequently Asked Questions about Relove
Relove was founded in 2021 and raised its 1st funding round 1 year after it was founded.
Relove is headquartered in Mumbai, India. It is registered at Mumbai, Maharashtra, India.
Relove is a funded company, having raised a total of $700K across 1 funding round to date. The company's 1st funding round was a Seed of $700K, raised on Jul 2022.
Relove has 1 employees.
The primary company behind Relove, Bahaal Technologies Private Limited, reported revenue of ₹90.5 Lakh for FY 2024, up 220% year on year.
Relove was founded in 2021 in Mumbai, India, as a platform focused on recommerce for the fashion sector. Operations include a peer-to-peer resale marketplace and liquidation of damaged inventory. Processes managed encompass technology integration, listing approvals, shipping, communication, customer care, and traceability, supporting fashion businesses in handling resale activities efficiently.
Relove has 6 investors. Key investors include Hearth Ventures, peercheque, Blume Ventures, Aakrit Vaish, and Utsav Agarwal.
The valuation of Relove is $4.73M as of Jul 2022.
Relove operates through Bahaal Technologies Private Limited.
The legal entities of Relove currently have 3 directors, including Prateek Rajan Gupte, Vipul Prashad Jain, Kirti Poonia.