About Ripen
Ripen is a company based in Gurugram (India) founded in 2021 by Ritvik Varghese, Heet Tike, and Aviral Jain.. Ripen has raised $579.27 thousand across 3 funding rounds from investors including gradCapital, Good Capital and ASAP Capital. The company has 1 employees as of April 09, 2024. Ripen operates in a competitive market with competitors including Yourself, Ada Growth, School Day, MprooV and Mindful, among others.
- Headquarter Gurugram, India
- Employees 1 as on 09 Apr, 2024
- Founders Ritvik Varghese, Heet Tike, Aviral Jain
- Stage Minicorn
-
Sectors
Education
-
Email
***********
-
Phone
*********
-
Website
*********
-
Social
*********
- Legal Name Mizu Technology Private Limited
- Date of Incorporation 06 Sep, 2021
- Jurisdiction Chennai, Tamil Nadu, India
-
Annual Revenue
$1.38 K (USD)0as on Mar 31, 2022
-
Net Profit
$-651.97 (USD)0as on Mar 31, 2022
-
EBITDA
$-580.06 (USD)0as on Mar 31, 2022
-
Total Equity Funding
$579.27 K (USD)
in 3 rounds
-
Latest Funding Round
$530.01 K (USD), Seed
Jan 21, 2023
-
Investors
gradCapital
& 7 more
-
Employee Count
1
as on Apr 09, 2024
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
Funding Insights of Ripen
Ripen has successfully raised a total of $579.27K across 3 strategic funding rounds. The most recent funding activity was a Seed round of $530.01 thousand completed in January 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.
- Total Funding Total Funding
- Total Rounds 3
- Last Round Seed — $530,009
-
First Round
First Round
(19 Nov 2021)
- Investors Count 8
| Date | Amount | Transaction Name | Valuation | Lead Investors | Investors |
|---|---|---|---|---|---|
| Jan, 2023 | Amount | Seed - Ripen | Valuation | Good Capital , ASAP Capital |
|
| Mar, 2022 | Amount | Seed - Ripen | Valuation | Arhyama Farms , CIIE |
|
| Nov, 2021 | Amount | Angel Round - Ripen | Valuation | gradCapital , IIMA Ventures |
|
| Date | Amount | Transaction Name | Valuation | Lead Investors | Investors |
|---|---|---|---|---|---|
| Jul, 2021 | Amount | Post-IPO - Grab | Valuation |
investors |
|
| Feb, 2021 | Amount | Post-IPO - Grab | Valuation |
investors |
|
| Jan, 2021 | Amount | Post-IPO - Grab | Valuation |
investors |
|
| Feb, 2021 | Amount | Post-IPO - Grab | Valuation |
investors |
Investors in Ripen
Ripen has secured backing from 8 investors, including venture fund and institutional investors. Prominent investors backing the company include gradCapital, Good Capital and ASAP Capital. 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 |
|---|---|---|---|---|
|
Seed to series A startups receive investments from Good Capital.
|
Founded Year | Domain | Location | |
|
Venture capital firm investing in early-stage tech startups
|
Founded Year | Domain | Location | |
|
Investing in student-led projects and innovations in technology and education.
|
Founded Year | Domain | Location |
| Investor | Description | Founded Year | Domain | Location |
|---|---|---|---|---|
|
Single family office of Amitabh Bachchan, founder of Amitabh Bachchan Corporation or AB CORP
|
Founded Year | Domain | Location | |
|
Startup ecosystems are ignited through strategic investments by Signite Partners.
|
Founded Year | Domain | Location | |
|
Venture capital is directed toward companies in multiple sectors.
|
Founded Year | Domain | Location | |
|
Venture capital is invested in cybersecurity, fintech, and AI startups.
|
Founded Year | Domain | Location |
Investments & Acquisitions by Ripen
| Company Name | Description | Domain | Location | Founded Year | Amount |
|---|---|---|---|---|---|
|
Bionic investment advisor platform
|
2016 | ||||
|
Fine Asian gourmet food is offered by an internet-first restaurant.
|
2016 | ||||
|
Physical e-commerce kiosks are deployed for rural purchases in Indonesia.
|
2014 | ||||
|
Fine Asian gourmet food is offered by an internet-first restaurant.
|
2016 |
Financial Statements - Ripen
| Date | Amount | Transaction Name | Valuation | Lead Investors | Investors |
|---|---|---|---|---|---|
| Jul, 2021 | Amount | Post-IPO - Grab | Valuation |
investors |
|
| Feb, 2021 | Amount | Post-IPO - Grab | Valuation |
investors |
|
| Jan, 2021 | Amount | Post-IPO - Grab | Valuation |
investors |
|
| Feb, 2021 | Amount | Post-IPO - Grab | Valuation |
investors |
Ripen Comparisons
Competitors of Ripen
Ripen 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 Yourself, Ada Growth, School Day, MprooV and Mindful, 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 |
Mobile platform for self-development learning and personality tests is provided.
|
|
| domain | founded_year | HQ Location |
Online platform offering skill development solutions
|
|
| domain | founded_year | HQ Location |
Digital app providing well-being and social-emotional learning solutions
|
|
| domain | founded_year | HQ Location |
Online skill development platform
|
|
| domain | founded_year | HQ Location |
Healthy life and mind services are provided by Mindful.
|
|
| domain | founded_year | HQ Location |
Offers an online platform for personal and professional development learning.
|
| Company Name | Domain | Founded year | HQ Location | Description |
|---|---|---|---|---|
| domain | founded_year | HQ Location |
Multiple services are booked via an app-based platform.
|
|
| domain | founded_year | HQ Location |
On-demand services are booked through an app-based platform.
|
|
| domain | founded_year | HQ Location |
App based platform offering on demand delivery and ride-hailing services
|
|
| domain | founded_year | HQ Location |
Operates an on-demand hyperlocal delivery app for food and groceries.
|
Frequently Asked Questions about Ripen
When was Ripen founded?
Ripen was founded in 2021.
Where is Ripen located?
Ripen is headquartered in Gurugram, India. It is registered at Gurugram, Haryana, India.
Who is the current CEO of Ripen?
Ritvik Varghese is the current CEO of Ripen. They have also founded this company.
Is Ripen a funded company?
Ripen is a funded company, having raised a total of $579.27K across 3 funding rounds to date. The company's 1st funding round was a Angel Round of $25K, raised on Nov 19, 2021.
How many employees does Ripen have?
As of Apr 09, 2024, the latest employee count at Ripen is 1.
What is the annual revenue of Ripen?
Annual revenue of Ripen is $1.38K as on Mar 31, 2022.
What does Ripen do?
Ripen was founded in 2021 and is based in Gurugram, India. The platform operates in the personal development sector, where adulthood goals are supported through personalized roadmaps, task lists, interactive guides, product discovery features, and community interactions. Users are assisted in reaching objectives via structured planning tools and shared experiences. Operations focus on digital services tailored to individual progress tracking.
Who are the top competitors of Ripen?
Ripen's top competitors include Ada Growth, Yourself and School Day.
Who are Ripen's investors?
Ripen has 8 investors. Key investors include gradCapital, Good Capital, ASAP Capital, Meta Studio Advisors, and Zerodha.
What is Ripen's valuation?
The valuation of Ripen is $3.02M as of Jan 2023.