Set Wet

Mumbai, India Founded: 2005 • Age: 21 yrs Acquired By Marico
Mens grooming products including hair gels and fragrances are offered.
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About Set Wet

Set Wet is a company based in Mumbai (India) founded in 2005 was acquired by Marico in August 2016.. The company has 1,832 employees as of April 07, 2024. Set Wet operates in a competitive market with competitors including The Man Company, Bombay Shaving, Beardo, Man Matters and Ustraa, among others.

  • Headquarter Mumbai, India
  • Employees 1832 as on 07 Apr, 2024
  • Sectors
    Consumer
  • Phone
    *********
  • Website
    *********
  • Social
    *********
  • Legal Name Marico Limited
  • Date of Incorporation 13 Oct, 1988
  • Jurisdiction Mumbai, Maharashtra, India
Operational Areas
Consumer → Beauty, Personal & Household Care
Key Metrics
  • Annual Revenue
    $1.19 B (USD)
    3.1
    as on Mar 31, 2023
  • Net Profit
    $158.95 M (USD)
    5.34
    as on Mar 31, 2023
  • EBITDA
    $217.63 M (USD)
    7.67
    as on Mar 31, 2023
  • Latest Funding Round
  • Investors
    Reckitt

    & 1 more

  • Employee Count
    1832

    as on Apr 07, 2024

  • Acquired by
    Marico

    & 1 more

    (Aug 17, 2016)

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Funding Insights of Set Wet

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

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Investors in Set Wet

Set Wet has secured backing from 2 investors, including institutional investors. Prominent investors backing the company include Reckitt and Marico. 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.

All
Institutional
Investor Description Founded Year Domain Location
Consumer healthcare, hygiene, and home care products are manufactured worldwide.
Founded Year Domain Location
Health, beauty, and wellness consumer brands are manufactured.
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 Set Wet

Investments
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 - Set Wet

Tata Steel revenue growth over time
Tata Steel profit and loss trends over time
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

Set Wet Comparisons

Employees
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Competitors of Set Wet

Set Wet 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 The Man Company, Bombay Shaving, Beardo, Man Matters and Ustraa, 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
Multi-category organic grooming products for men are offered online.
domain founded_year HQ Location
Online brand offering mens grooming products
domain founded_year HQ Location
Men's grooming products are offered online by Beardo.
domain founded_year HQ Location
Internet first brand offering beauty and wellness products for men
domain founded_year HQ Location
Men's grooming products are offered via an internet-first brand.
domain founded_year HQ Location
Platform offering mens hair care, wellness, and medicinal products
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 Set Wet

Isobar India bags digital mandate for Set Wet
Brandequity6 years ago

Frequently Asked Questions about Set Wet

When was Set Wet founded?

Set Wet was founded in 2005.

Where is Set Wet located?

Set Wet is headquartered in Mumbai, India. It is registered at Mumbai, Maharashtra, India.

Who is the current CEO of Set Wet?

Saugata Gupta is the current CEO of Set Wet.

How many employees does Set Wet have?

As of Apr 07, 2024, the latest employee count at Set Wet is 1,832.

What is the annual revenue of Set Wet?

Annual revenue of Set Wet is $1.19B as on Mar 31, 2023.

What does Set Wet do?

Set Wet was founded in 2005 in Mumbai, India, as a brand focused on mens grooming products. Hair gels are primarily provided, alongside beard care items, hair wax, and fragrances. Products are distributed through partnered online and offline retailers. Operations center on the personal care sector, with sales targeted at male consumers in India and beyond. Leadership is held by CEO and MD Saugata Gupta.

Who are the top competitors of Set Wet?

Set Wet's top competitors include Bombay Shaving, The Man Company and Beardo.

Who are Set Wet's investors?

Set Wet has 2 investors. Key investors include Reckitt, and Marico.

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