About Shumee
Shumee is a company based in Bengaluru (India) founded in 2014 by Meeta Sharma Gupta. Shumee has raised $1.31 million across 4 funding rounds from investors including Stellaris Venture Partners, Exceed Entertainment and KPB Family Trust. Shumee operates in a competitive market with competitors including Ariro Toys, forTeen, Fairkraft Creations, Svecha and Aariv Toys, among others.
- Headquarter Bengaluru, India
- Founders Meeta Sharma Gupta
- Stage Minicorn
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Sectors
Consumer
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Email
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Phone
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Website
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Social
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- Legal Name Shumee Toys Private Limited
- Date of Incorporation 22 Jan, 2014
- Jurisdiction Bangalore, Karnataka, India
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Annual Revenue
$1.04 M (USD)10.25as on Mar 31, 2023
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Net Profit
-$359.38 K (USD)-22.93as on Mar 31, 2023
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EBITDA
-$326.09 K (USD)-22.72as on Mar 31, 2023
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Total Equity Funding
$1.31 M (USD)
in 4 rounds
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Latest Funding Round
$268.4 K (USD), Seed
Dec 24, 2021
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Investors
Stellaris Venture Partners
& 33 more
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Employee Count
Not available
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People of Shumee
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Funding Insights of Shumee
Shumee has successfully raised a total of $1.31M across 4 strategic funding rounds. The most recent funding activity was a Seed round of $268.4 thousand completed in December 2021. 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.
Investors in Shumee
Shumee has secured backing from 34 investors, including venture fund, angel, and institutional investors. Prominent investors backing the company include Stellaris Venture Partners, Exceed Entertainment and KPB Family Trust.
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Micro investments are targeted by Fluid Ventures venture capital fund.
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Investments in blue-chip stocks, startups, and grants for education and empowerment.
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Private equity investments are managed across multiple sectors.
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Investor details for Shumee
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Investments & Acquisitions by Shumee
Investment portfolio details for Shumee
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Financial Statements - Shumee
Detailed financials for Shumee
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Shumee Comparisons
Peer comparison for Shumee
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Competitors of Shumee
Shumee 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 Ariro Toys, forTeen, Fairkraft Creations, Svecha and Aariv Toys, among others.
| Company Name | Domain | Founded year | HQ Location | Description |
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Internet-first brand offering eco-friendly handcrafted toys for kids
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A direct-to-consumer brand offering toys for kids.
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Sells handmade wooden toys and decor through online and physical stores.
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Offers eco-friendly wooden and crochet toys for children as a dedicated brand.
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Online platform offering a wide range of sustainable toys for kids
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Detailed competitors of Shumee
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Latest news on Shumee
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Frequently Asked Questions about Shumee
Shumee was founded in 2014 and raised its 1st funding round 3 years after it was founded.
Shumee is headquartered in Bengaluru, India. It is registered at Bengaluru, Karnataka, India.
Shumee is a funded company, having raised a total of $1.31M across 4 funding rounds to date.
Annual revenue of Shumee is $1.04M as on Mar 31, 2023.
Shumee was founded in 2014 and is based in Bengaluru, India. An online platform is operated to offer handcrafted toys for children, including wooden toys, puzzles and games, art and craft items, card games, and 3D puzzles. A subscription-based plan is also available for customers. The focus remains on the childrens toys sector within e-commerce.
Shumee's top competitors include Ariro Toys, Kindora and Aariv Toys.
Shumee has 34 investors. Key investors include Stellaris Venture Partners, Exceed Entertainment, KPB Family Trust, Moxie Capital, and Fluid Ventures.
The valuation of Shumee is $5.37M as of Dec 2021.