About Relove
Relove is a company based in Mumbai (India) founded in 2021 by Prateek Gupte. Relove has raised $700 thousand across 1 funding round from investors including Hearth Ventures, peercheque and Blume Ventures. The company has 1 employees as of April 07, 2024. Relove operates in a competitive market with competitors including HYLA Mobile, Archive, Recurate, Treet and Trove, among others.
- Headquarter Mumbai, India
- Employees 1 as on 07 Apr, 2024
- Founders Prateek Gupte
- Stage Minicorn
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Sectors
RetailTechnology
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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 Bahaal Technologies Private Limited
- Date of Incorporation 17 Apr, 2021
- Jurisdiction Mumbai, Maharashtra, India
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Annual Revenue
$34 K (USD)616.83as on Mar 31, 2023
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Net Profit
-$123.58 K (USD)-909.5as on Mar 31, 2023
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EBITDA
-$73.64 K (USD)-542.75as on Mar 31, 2023
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Total Equity Funding
$700 K (USD)
in 1 rounds
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Latest Funding Round
$700 K (USD), Seed
Jul 29, 2022
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Investors
Hearth Ventures
& 5 more
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Employee Count
1
as on Apr 07, 2024
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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.
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.
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Investment in early-stage technology startups, focusing on SaaS, FinTech, AI, and Consumer sectors.
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Venture funding for India's Creative, Cultural, and Circular economy sectors to enhance rural livelihoods.
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Seed and early-stage investments are made across sectors in India.
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Investor details for Relove
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Investments & Acquisitions by Relove
Investment portfolio details for Relove
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Financial Statements - Relove
Detailed financials for Relove
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Relove Comparisons
Peer comparison for Relove
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Competitors of Relove
Relove 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 HYLA Mobile, Archive, Recurate, Treet and Trove, among others.
| Company Name | Domain | Founded year | HQ Location | Description |
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Tech-enabled mobile device trade-in and recommerce solutions are provided.
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Archive is recognized as an influencer marketing and UGC management platform.
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Resale marketplace platform for eCommerce stores is provided.
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A peer-to-peer resale marketplace for branded secondhand items is facilitated.
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Recommerce management solutions are delivered to fashion companies worldwide.
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Detailed competitors of Relove
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Latest news on Relove
Complete news archive for Relove
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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.
As of Apr 07, 2024, the latest employee count at Relove is 1.
Annual revenue of Relove is $34K as on Mar 31, 2023.
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's top competitors include HYLA Mobile, Recurate and Treet.
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.