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
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Sectors
Consumer
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Phone
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Website
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Social
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- Legal Name Marico Limited
- Date of Incorporation 13 Oct, 1988
- Jurisdiction Mumbai, Maharashtra, India
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Funding Insights of Set Wet
| Date | Amount | Transaction Name | Valuation | Lead Investors | Investors |
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| Jul, 2021 | Amount | Post-IPO - Grab | Valuation |
investors |
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| Feb, 2021 | Amount | Post-IPO - Grab | Valuation |
investors |
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| Jan, 2021 | Amount | Post-IPO - Grab | Valuation |
investors |
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| Feb, 2021 | Amount | Post-IPO - Grab | Valuation |
investors |
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.
| Investor | Description | Founded Year | Domain | Location |
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Consumer healthcare, hygiene, and home care products are manufactured worldwide.
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Founded Year | Domain | Location | |
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Health, beauty, and wellness consumer brands are manufactured.
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Founded Year | Domain | Location |
| Investor | Description | Founded Year | Domain | Location |
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Single family office of Amitabh Bachchan, founder of Amitabh Bachchan Corporation or AB CORP
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Founded Year | Domain | Location | |
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Startup ecosystems are ignited through strategic investments by Signite Partners.
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Founded Year | Domain | Location | |
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Venture capital is directed toward companies in multiple sectors.
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Founded Year | Domain | Location | |
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Venture capital is invested in cybersecurity, fintech, and AI startups.
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Founded Year | Domain | Location |
Investments & Acquisitions by Set Wet
| Company Name | Description | Domain | Location | Founded Year | Amount |
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Bionic investment advisor platform
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2016 | ||||
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Fine Asian gourmet food is offered by an internet-first restaurant.
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2016 | ||||
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Physical e-commerce kiosks are deployed for rural purchases in Indonesia.
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2014 | ||||
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Fine Asian gourmet food is offered by an internet-first restaurant.
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2016 |
Financial Statements - Set Wet
| Date | Amount | Transaction Name | Valuation | Lead Investors | Investors |
|---|---|---|---|---|---|
| Jul, 2021 | Amount | Post-IPO - Grab | Valuation |
investors |
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| Feb, 2021 | Amount | Post-IPO - Grab | Valuation |
investors |
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| Jan, 2021 | Amount | Post-IPO - Grab | Valuation |
investors |
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| Feb, 2021 | Amount | Post-IPO - Grab | Valuation |
investors |
Set Wet Comparisons
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 |
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| domain | founded_year | HQ Location |
Multi-category organic grooming products for men are offered online.
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| domain | founded_year | HQ Location |
Online brand offering mens grooming products
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| domain | founded_year | HQ Location |
Men's grooming products are offered online by Beardo.
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| domain | founded_year | HQ Location |
Internet first brand offering beauty and wellness products for men
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| domain | founded_year | HQ Location |
Men's grooming products are offered via an internet-first brand.
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| domain | founded_year | HQ Location |
Platform offering mens hair care, wellness, and medicinal products
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| Company Name | Domain | Founded year | HQ Location | Description |
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| domain | founded_year | HQ Location |
Multiple services are booked via an app-based platform.
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| domain | founded_year | HQ Location |
On-demand services are booked through an app-based platform.
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| domain | founded_year | HQ Location |
App based platform offering on demand delivery and ride-hailing services
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| domain | founded_year | HQ Location |
Operates an on-demand hyperlocal delivery app for food and groceries.
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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.
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