About Relso
Relso is a company based in Bengaluru (India) founded in 2023 by Abhinav Agarwal, Anshul Choubey, and Jay Trivedi. It operates as a B2C, and D2C. Relso has raised $840 thousand across 1 funding round from investors including Venture Catalysts, IP Ventures and Ramakant Sharma. Relso offers products and services including Arcadia Dining Table, Arch Duo Mango Wood Nesting Tables, and Arcus Coffee Table. Relso operates in a competitive market with competitors including Burrow, WoodenStreet, Interior Define, Italica and Ushashriram, among others.
- Headquarter Bengaluru, India
- Founders Abhinav Agarwal, Anshul Choubey, Jay Trivedi
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Sectors
Consumer
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Phone
*********
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Website
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Social
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- Legal Name Fireants Sourcing Technologies Private Limited
- Date of Incorporation 28 Feb, 2023
- Jurisdiction Bangalore South, Karnataka, India
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Annual Revenue
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Net Profit
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EBITDA
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Total Equity Funding
$840 K (USD)
in 1 rounds
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Latest Funding Round
$840 K (USD), Seed
Mar 19, 2024
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Investors
Venture Catalysts
& 4 more
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Employee Count
Employee Count
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Products & Services of Relso
Relso offers a comprehensive portfolio of products and services, including Arcadia Dining Table, Arch Duo Mango Wood Nesting Tables, and Arcus Coffee Table. 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.
Mango wood dining table with black finish for home decor use.
Nesting tables made from mango wood for versatile home settings.
Acacia wood coffee table designed for modern living spaces.
Funding Insights of Relso
Relso has successfully raised a total of $840K through 1 strategic funding round. The most recent funding activity was a Seed round of $840 thousand completed in March 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 1
- Last Round Seed — $840,000
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First Round
First Round
(19 Mar 2024)
- Investors Count 5
| Date | Amount | Transaction Name | Valuation | Lead Investors | Investors |
|---|---|---|---|---|---|
| Mar, 2024 | Amount | Seed - Relso | Valuation | Venture Catalysts , Inflection Point Ventures |
| 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 Relso
Relso has secured backing from 5 investors, including venture fund and angel investors. Prominent investors backing the company include Venture Catalysts, IP Ventures and Ramakant Sharma. 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 startup ecosystem is supported by Venture Catalysts in India.
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Founded Year | Domain | Location | |
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Investments are made in early-stage tech startups across sectors.
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Founded Year | Domain | Location | |
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RS
Ramakant Sharma |
Co-founder of Livspace, angel investor in Indian startups
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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 Relso
| 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 - Relso
| 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 |
Relso Comparisons
Competitors of Relso
Relso 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 Burrow, WoodenStreet, Interior Define, Italica and Ushashriram, 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 |
Home improvement products are provided via an internet-first brand.
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| domain | founded_year | HQ Location |
Customized home furniture is offered online by WoodenStreet.
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| domain | founded_year | HQ Location |
Custom-made furniture is sold via an internet-first brand.
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| domain | founded_year | HQ Location |
Italica is engaged in manufacturing and selling plastic furniture.
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| domain | founded_year | HQ Location |
Sells eco-friendly cookware, bottles, baskets, and household items through online platform.
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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 Relso
When was Relso founded?
Relso was founded in 2023 and raised its 1st funding round 1 year after it was founded.
Where is Relso located?
Relso is headquartered in Bengaluru, India. It is registered at Bengaluru, Karnataka, India.
Is Relso a funded company?
Relso is a funded company, having raised a total of $840K across 1 funding round to date. The company's 1st funding round was a Seed of $840K, raised on Mar 19, 2024.
What does Relso do?
Relso specializes in selling high-quality home decor and furniture crafted from natural materials like solid wood. The company blends Indian cultural heritage with global design trends, focusing on sustainable manufacturing and excellent finishing. Based in India, it operates an online platform for direct customer purchases, serving consumers worldwide with scalable production and fast shipping options.
Who are the top competitors of Relso?
Relso's top competitors include Burrow, WoodenStreet and Italica.
What products or services does Relso offer?
Relso offers Arcadia Dining Table, Arch Duo Mango Wood Nesting Tables, and Arcus Coffee Table.
Who are Relso's investors?
Relso has 5 investors. Key investors include Venture Catalysts, IP Ventures, Ramakant Sharma, Shantanu Deshpande, and Saurabh Jain.
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