About Sarafa Bazar
Sarafa Bazar is a company based in Saharanpur (India) founded in 2020 by Archit Jain.. Sarafa Bazar has raised $97.99 thousand across 1 funding round from investors including Rcjewels and Kanakratna Exim Pvt Ltd. The company has 1 employees as of April 05, 2024. Sarafa Bazar operates in a competitive market with competitors including BizUp, Flipkart Wholesale, Zaveri Bazaar, Zweler and GoModish, among others.
- Headquarter Saharanpur, India
- Employees 1 as on 05 Apr, 2024
- Founders Archit Jain
- Stage Minicorn
-
Sectors
Retail
-
Email
***********
-
Phone
*********
-
Website
*********
-
Social
*********
- Legal Name Hm Sarafa Bazar India Private Limited
- Date of Incorporation 12 Oct, 2022
- Jurisdiction Saharanpur, Uttar Pradesh, India
-
Annual Revenue
-
Net Profit
-
EBITDA
-
Total Equity Funding
$97.99 K (USD)
in 1 rounds
-
Latest Funding Round
$97.99 K (USD), Seed
Dec 20, 2022
-
Investors
Rcjewels
& 1 more
-
Employee Count
1
as on Apr 05, 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 Sarafa Bazar
Sarafa Bazar has successfully raised a total of $97.99K through 1 strategic funding round. The most recent funding activity was a Seed round of $97.99 thousand completed in December 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 Total Funding
- Total Rounds 1
- Last Round Seed — $97,993
-
First Round
First Round
(20 Dec 2022)
- Investors Count 2
| Date | Amount | Transaction Name | Valuation | Lead Investors | Investors |
|---|---|---|---|---|---|
| Dec, 2022 | Amount | Seed - Sarafa Bazar | Valuation | Rcjewels , KANAKRATNA . |
|
| 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 Sarafa Bazar
Sarafa Bazar has secured backing from 2 investors, including institutional investors. Prominent investors backing the company include Rcjewels and Kanakratna Exim Pvt Ltd. 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 |
|---|---|---|---|---|
|
An online store for men's gold jewellery is operated.
|
Founded Year | Domain | Location | |
|
Manufacturing, exporting, and retailing of gold jewellery in India and abroad.
|
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 Sarafa Bazar
| 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 - Sarafa Bazar
| 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 |
Sarafa Bazar Comparisons
Competitors of Sarafa Bazar
Sarafa Bazar 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 BizUp, Flipkart Wholesale, Zaveri Bazaar, Zweler and GoModish, 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 |
Fashion B2B wholesale is enabled via zero-commission video shopping app.
|
|
| domain | founded_year | HQ Location |
Operates an app-based B2B platform for fashion products.
|
|
| domain | founded_year | HQ Location |
Connects jewelry wholesalers, manufacturers, and retailers via app for networking.
|
|
| domain | founded_year | HQ Location |
Jewelry products are manufactured for men and women.
|
|
| domain | founded_year | HQ Location |
An online B2B wholesale platform specializing in fashion apparel for business buyers and retailers.
|
| 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.
|
Latest news on Sarafa Bazar
Frequently Asked Questions about Sarafa Bazar
When was Sarafa Bazar founded?
Sarafa Bazar was founded in 2020 and raised its 1st funding round 2 years after it was founded.
Where is Sarafa Bazar located?
Sarafa Bazar is headquartered in Saharanpur, India. It is registered at Saharanpur, Uttar Pradesh, India.
Who is the current CEO of Sarafa Bazar?
Archit Jain is the current CEO of Sarafa Bazar. They have also founded this company.
Is Sarafa Bazar a funded company?
Sarafa Bazar is a funded company, having raised a total of $97.99K across 1 funding round to date. The company's 1st funding round was a Seed of $97.99K, raised on Dec 20, 2022.
How many employees does Sarafa Bazar have?
As of Apr 05, 2024, the latest employee count at Sarafa Bazar is 1.
What does Sarafa Bazar do?
Sarafa Bazar was founded in 2020 in Saharanpur, India, as an online B2B marketplace focused on jewelry. A diverse product catalog is maintained, covering rings, earrings, chains, pendants, necklaces, mangal sutras, bangles, bracelets, nose pins, anklets, and armlets. Operations are conducted through a digital platform, with a mobile application offered for download on the Apple App Store and Google Play Store.
Who are the top competitors of Sarafa Bazar?
Sarafa Bazar's top competitors include Flipkart Wholesale, Zweler and BizUp.
Who are Sarafa Bazar's investors?
Sarafa Bazar has 2 investors. Key investors include Rcjewels, and Kanakratna Exim Pvt Ltd.
What is Sarafa Bazar's valuation?
The valuation of Sarafa Bazar is $1.12M as of Dec 2022.