About Rilievi
Rilievi is a Retail company based in Bologna (Italy) founded in 2013. Handmade embroidery art is wholesaled by Rilievi to retailers. Rilievi has raised $723.97 thousand across 2 funding rounds from investors including HModa. The company has 33 employees. Its Indian entity Rilievi India Private Limited reported revenue of ₹20.63 Cr. The company has since been acquired. Its focus areas include Wholesalers.
Company details
Rilievi was established in 2013 in Bologna, Italy, as a wholesaler in the craft and art sector. Craft and handmade embroidery products are sourced and distributed to retailers and businesses across Europe. Operations are centered on supplying authentic, artisanal items, with logistics managed from the Bologna headquarters. The focus remains on embroidery art that emphasizes traditional techniques and materials.
- Headquarters Bologna, Italy
- Employees 33
- Stage Acquired
- SectorsRetail
- Email••••••••
- Phone•••• ••••
- Website rilievi.com
- Social LinkedIn
- Legal Name Rilievi India Private Limited
- Date of Incorporation 17 Dec, 2013
- Jurisdiction Mumbai, Maharashtra, India
- Indian entity revenue₹20.63 Cr
FY 2023 · +2% YoY
- Indian entity net loss-₹4.58 Cr
FY 2023 · -22% margin
- Indian entity EBITDA-₹3.95 Cr
FY 2023 · -19% margin
- Total Equity Funding$723.97K (USD)
in 2 rounds
- Latest Funding Round$183.13K (USD), Angel Round
Aug 2021
- Investors
- Employee Count33
Associated legal entities of Rilievi
Rilievi operates through Rilievi India Private Limited (active). Its filings, financials, charges and directors are on the company page.
| Legal entity | Status | Incorporated | Registered in | Revenue (FY 2023) | Employees | Directors | Company page |
|---|---|---|---|---|---|---|---|
| Rilievi India Private Limited CIN U18102MH2013PTC251118 | Active | 17 Dec 2013 | Mumbai, Maharashtra | ₹20.6 Cr | 33 | 3 | View details |
Funding Insights of Rilievi
Rilievi has successfully raised a total of $723.97K across 2 strategic funding rounds. The most recent funding activity was a Angel Round of $183.13 thousand completed in August 2021. 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 $723,970
- Total Rounds 2
- Last Round Angel Round — $183,128
- First Round $540,841
(Dec 2020)
All 2 funding rounds of Rilievi 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 |
|---|---|---|---|---|---|
| Aug 2021 | $183,128 | Angel Round | – | – | – |
| Dec 2020 | $540,841 | Angel Round | – | – | – |
1 investors in total: 1 institutional.
Investors in Rilievi
Rilievi has secured backing from 1 investor. Prominent investors backing the company include HModa.
| Investor | Description | Founded Year | Domain | Location |
|---|---|---|---|---|
HModa is recognized as a luxury fashion manufacturing hub in Italy. | 2017 | holdingmoda.it | Italy |
Investor details for Rilievi
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 Rilievi India Private Limited (Rilievi)
Rilievi India Private Limited is the primary company behind Rilievi. The board of Rilievi India Private Limited currently have 3 directors; the longest-serving is Michele Galliano, appointed in 2013. 2 earlier directors have ceased.
| Director | Designation | Appointed | Tenure | Entity |
|---|---|---|---|---|
| Michele Galliano DIN 02032100 | Director | 17 Dec 2013 | 12 yrs 10 mo | Rilievi India Private Limited |
| Simona Finelli DIN 02032097 | Director | 17 Dec 2013 | 12 yrs 10 mo | Rilievi India Private Limited |
| Paolo Marri DIN 06832656 | Director | 30 Mar 2015 | 11 yrs 7 mo | Rilievi India Private Limited |
Financials of Rilievi
Figures of Rilievi India Private Limited, the primary company behind Rilievi, for FY 2023. Revenue was ₹20.63 Cr (+2% year on year). Net loss was -₹4.58 Cr (-22% margin). EBITDA was -₹3.95 Cr (-19% margin). Revenue has grown at a compounded annual rate of +7% over three years and -5% over five years.
- ₹20.63 CrRevenue · FY 2023 · +2% YoY
- -₹4.58 CrNet loss · -22% margin
- -₹3.95 CrEBITDA · -19% margin
- ₹4.19 CrPaid-up capital
- 33Employees (provident fund records)
- +7%Revenue CAGR, 3 years
- -5%Revenue CAGR, 5 years
Balance sheet, profit and loss, cash flow and ratios of Rilievi India Private Limited are on its company page.
Detailed financial statements for Rilievi
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 Rilievi
3 dated milestones of Rilievi across 8 years, from founding to its latest funding, stage changes and deals.
- Founded Rilievi is founded.
- Funding First funding round of $541K.
- Funding Latest funding round, Angel Round, of $183K.
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Frequently Asked Questions about Rilievi
Rilievi was founded in 2013 and raised its 1st funding round 7 years after it was founded.
Rilievi is headquartered in Bologna, Italy. It is registered at Bologna, Emilia-romagna, Italy.
Rilievi is a funded company, having raised a total of $723.97K across 2 funding rounds to date. The company's 1st funding round was a Angel Round of $540.84K, raised on Dec 2020.
Rilievi has 33 employees.
The primary company behind Rilievi, Rilievi India Private Limited, reported revenue of ₹20.63 Cr for FY 2023, up 2% year on year.
Rilievi was established in 2013 in Bologna, Italy, as a wholesaler in the craft and art sector. Craft and handmade embroidery products are sourced and distributed to retailers and businesses across Europe. Operations are centered on supplying authentic, artisanal items, with logistics managed from the Bologna headquarters. The focus remains on embroidery art that emphasizes traditional techniques and materials.
Rilievi has 1 investor. Key investors include HModa.
Rilievi operates through Rilievi India Private Limited.
The legal entities of Rilievi currently have 3 directors, including Paolo Marri, Michele Galliano, Simona Finelli.