Scentials

Mumbai, India Founded: 2017 • Age: 9 yrs Minicorn
Fragrance products including perfumes and skincare are retailed online.

About Scentials

Scentials is a Consumer company based in Mumbai (India) founded in 2017 by Jinesh Mehta and Mahesh Bhupathi. Fragrance products including perfumes and skincare are retailed online. It operates in the Consumer and Healthcare sectors. Scentials has raised $12.11 million across 5 funding rounds from investors including TIW Private Equity, Swag Fashions Hub and Jaysingh Mariwala. The company has 69 employees. Scentials was last valued at $17.9 million in March 2022. Its chief executive, as recorded, is Mahesh Bhupathi. Its Indian entity Scentials Beautycare And Wellness Private Limited reported revenue of ₹14.11 Cr. Scentials offers products and services including Lucifer Eau De Parfum, Rebellion Eau De Parfum, White Fang Eau De Parfum, and Black Eau De Parfum. Its focus areas include Retail, Beauty Tech, Ecommerce and Fragrances. Its competitors include AdilQadri, JASS Perfumes and Eze Perfumes; 1 of its 3 listed competitors has raised funding.

Company details

Scentials was established in 2017 in Mumbai, India, as an online retailer in the beauty and personal care sector. A range of products such as perfumes, deodorants, skincare items, and sanitizers is offered through its e-commerce platform. Sections for bestsellers, featured products, new launches, and trending items are maintained to organize the catalog. Operations are focused on direct-to-consumer sales via the domain scentialsworld.com.

  • Headquarters Mumbai, India
  • Employees 69
  • Founders Jinesh Mehta, Mahesh Bhupathi
  • Stage Minicorn
  • Sectors
    Consumer
    Healthcare
  • Email
    ••••••••
  • Phone
    •••• ••••
  • Website scentialsworld.com
  • Social LinkedIn X Facebook
  • Legal Name Scentials Beauty Care And Wellness Private Limited
  • Date of Incorporation 21 Dec, 2017
  • Jurisdiction Mumbai, Maharashtra, India
Key Metrics
  • Annual Revenue
    ₹14.11 Cr

    FY 2023 · -22% YoY

  • Net Loss
    -₹19.82 Cr

    FY 2023 · -106% margin

  • EBITDA
    -₹18.86 Cr

    FY 2023 · -101% margin

  • Total Equity Funding
    $12.11M (USD)

    in 5 rounds

  • Latest Funding Round
    $209.61K (USD), Angel Round

    Sep 2023

  • Investors
  • Employee Count
    69

Products & Services of Scentials

Scentials offers a comprehensive portfolio of products and services, including Lucifer Eau De Parfum, Rebellion Eau De Parfum, White Fang Eau De Parfum, and Black Eau De Parfum.

Lucifer Eau De Parfum
Fragrance

Musky-leather scent exuding confidence and mystery for men.

Rebellion Eau De Parfum
Fragrance

Woody-spicy fragrance representing bold individuality and charm.

White Fang Eau De Parfum
Fragrance

Icy scent radiating strength and elegance for wearers.

Black Eau De Parfum
Fragrance

Spicy fragrance balancing warmth and intensity effectively.

Funding Insights of Scentials

Scentials has successfully raised a total of $12.11M across 5 strategic funding rounds. The most recent funding activity was a Angel Round of $209.61 thousand completed in September 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 $12.11M
  • Total Rounds 5
  • Last Round Angel Round — $209,607
  • First Round $4.41M

    (May 2019)

  • Investors Count 12

All 5 funding rounds of Scentials with amounts and investors; the two latest post-money valuations are shown, the rest are part of the premium plan.

DateAmountTransaction NameValuationLead InvestorsInvestors
Sep 2023$209,607Angel Round–Jaysingh Mariwala
Sep 2022$387,538Series B–TIW Private Equity
–
Mar 2022$1.1MSeries B$17.9MIndus Way Emerging Market, Kate K Dinshaw
Feb 2021$6MSeries B$9.46MTIW Private Equity
–
May 2019$4.41MSeries A–Unilever Ventures
Valuation history
DateValuationStage
Mar 2022$17.9M••••••••
Feb 2021$9.46M••••••••

Last known valuation $17.9M (Mar 2022). 12 investors in total: 5 institutional and 7 angel.

Investors in Scentials

Scentials has secured backing from 12 investors, including angel, venture fund, and institutional investors. Prominent investors backing the company include TIW Private Equity, Swag Fashions Hub and Jaysingh Mariwala.

All
Venture Fund
Institutional
Angel
InvestorDescriptionFounded YearDomainLocation
induswayemergingmarket.tcc.mode
Venture capital and single family offices investing in multiple sectors
shekamafamilytrust.tcc.mode
Private equity investments and growth acceleration in various sectors.
2011tiwpe.comDelhi, India
Corporate-backed venture capital firm focused on consumer tech and multiple sectors
unileverventures.comLondon, United Kingdom
Aspirational lifestyle brands are co-created with celebrities and media companies.
2018swagfashionshub.comIndia

Jaysingh Mariwala

unknown_fc5e7c9686184e6e9

Kulin Jayantilal Kothari

unknown_cac97d9451c343a78

Avinash Rajan

unknown_0f425a75e46b4fdc9

Kate K Dinshaw

unknown_c9c5987402fa4eb9a

Karene Melloul

Angel investor focusing on early-stage Indian startups, based in Mumbai.
unknown_387d96d31f4a46b49
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Investor details for Scentials

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Board of directors of Scentials Beautycare And Wellness Private Limited (Scentials)

Scentials Beautycare And Wellness Private Limited is the primary company behind Scentials. The board of Scentials Beautycare And Wellness Private Limited currently have 2 directors; the longest-serving is Ashish Kumar, appointed in 2025. 6 earlier directors have ceased.

DirectorDesignationAppointedTenureEntity
Ashish Kumar
DIN 09668119
Additional Director31 Mar 20251 yr 6 moScentials Beautycare And Wellness Private Limited
Urvashi Jain
DIN 11325270
Additional Director03 Oct 20251 yrScentials Beautycare And Wellness Private Limited

People of Scentials

4 people are tracked at Scentials (2 in leadership, 2 in team); the tracked headcount is 69.

NameRoleGroup
Jinesh Mehta
Co-FounderLeadership
Co-FounderLeadership
Shubham Tiwari
Sales OfficerTeam
anish bhatt
Area Sales ManagerTeam
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Financials of Scentials

Figures of Scentials Beautycare And Wellness Private Limited, the primary company behind Scentials, for FY 2023. Revenue was ₹14.11 Cr (-22% year on year). Net loss was -₹19.82 Cr (-106% margin). EBITDA was -₹18.86 Cr (-101% margin). Revenue has grown at a compounded annual rate of -12% over three years.

  • ₹14.11 CrRevenue · FY 2023 · -22% YoY
  • -₹19.82 CrNet loss · -106% margin
  • -₹18.86 CrEBITDA · -101% margin
  • ₹3.5 LakhPaid-up capital
  • 69Employees (provident fund records)
  • -12%Revenue CAGR, 3 years

Balance sheet, profit and loss, cash flow and ratios of Scentials Beautycare And Wellness Private Limited are on its company page.

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Detailed financial statements for Scentials

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Timeline of Scentials

4 dated milestones of Scentials across 6 years, from founding to its latest funding, stage changes and deals.

  1. Founded Scentials is founded.
  2. Funding First funding round of $4.4M.
  3. Milestone Reaches Minicorn status.
  4. Funding Latest funding round, Angel Round, of $210K.

Competitors of Scentials

Scentials has 3 listed competitors in our database, 1 of them funded. They include AdilQadri, JASS Perfumes and Eze Perfumes.

Company NameDomainFoundedHQ LocationTotal fundingEmployeesDescription
adilqadri.com2018Bilimora, India$59,53254
Brand offers a range of fragrances
jassperfumes.com2024Tambaram, India274
Offers online sales of perfumes, deodorants, and body mists to individual buyers.
ezeperfumes.com2021Mumbai, India
Operates an online platform featuring a wide range of exquisite fragrances for men and women.
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Detailed competitors of Scentials

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Web traffic of Scentials

The website of Scentials (scentialsworld.com) receives about 1.7K visits a month.

  • Monthly visits
    1.7K

    ▲ 75.2% vs previous month

Top companies in Beauty & Personal Care Products

3 companies that operate in the same segment as Scentials (Beauty & Personal Care Products) in India, ranked by their profile score on The Company Check.

CompanyDescriptionFoundedLocationTotal fundingRevenueEmployees
Online platform offering a wide range of baby, kids, and maternity products
2010Pune, Maharashtra, IndiaUSD 513.39 MUSD 911.07 M3,752
Online brand offering mens grooming products
2015Gurugram, Haryana, IndiaUSD 52.66 M
Retailer of perfumes, cosmetics, skincare, and related gift set items
2012Gurugram, Haryana, IndiaUSD 58.54 M
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Related news about Scentials

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Frequently Asked Questions about Scentials

Scentials was founded in 2017 and raised its 1st funding round 2 years after it was founded.

Scentials is headquartered in Mumbai, India. It is registered at Mumbai, Maharashtra, India.

Mahesh Bhupathi is the CEO of Scentials, as recorded in our data. They have also founded this company.

Scentials is a funded company, having raised a total of $12.11M across 5 funding rounds to date. The company's 1st funding round was a Series A of $4.41M, raised on May 2019.

Scentials has 69 employees.

The primary company behind Scentials, Scentials Beautycare And Wellness Private Limited, reported revenue of ₹14.11 Cr for FY 2023, down 22% year on year.

Scentials was established in 2017 in Mumbai, India, as an online retailer in the beauty and personal care sector. A range of products such as perfumes, deodorants, skincare items, and sanitizers is offered through its e-commerce platform. Sections for bestsellers, featured products, new launches, and trending items are maintained to organize the catalog. Operations are focused on direct-to-consumer sales via the domain scentialsworld.com.

Scentials's top competitors include AdilQadri, JASS Perfumes and Eze Perfumes.

Scentials offers Lucifer Eau De Parfum, Rebellion Eau De Parfum, White Fang Eau De Parfum, and Black Eau De Parfum.

Scentials has 12 investors. Key investors include TIW Private Equity, Swag Fashions Hub, Jaysingh Mariwala, Kulin Jayantilal Kothari, and Avinash Rajan.

The valuation of Scentials is $17.9M as of Mar 2022.

Scentials operates through Scentials Beautycare And Wellness Private Limited.

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