About Siloho
Siloho is a Business Services company based in Panaji (India) founded in 2021 by Shan Gehlot and Pranshu Sharma. Provider of interior design services. It operates in the Business Services and Consumer sectors. Siloho has raised $638.52 thousand across 3 funding rounds from investors including Angel List, LetsVenture and Superb Capital. The company has 15 employees. Siloho was last valued at $3.56 million in June 2023. Its chief executive, as recorded, is Shan Gehlot. Its Indian entity Unelma Design Labs Private Limited reported revenue of ₹20.1 Lakh. Its focus areas include Local Services, Home Services, Home Improvements and Interior Designers. Its competitors include LivSpace, HomeLane and Design Cafe; 3 of its 3 listed competitors have raised funding.
Company details
Siloho was founded in 2021 in Panaji, India, as a provider in the interior design sector. Customized designs are generated through user style quizzes, with options for selecting colors, woodworks, and products. Services are available for booking interior designs in kitchens, bedrooms, and living rooms at specified dates and times, supporting residential customization needs.
- Headquarters Panaji, India
- Employees 15
- Founders Shan Gehlot, Pranshu Sharma
- Stage Minicorn
- SectorsBusiness ServicesConsumer
- Email••••••••
- Phone•••• ••••
- Website siloho.com
- Legal Name Unelma Design Labs Private Limited
- Date of Incorporation 29 Jan, 2021
- Jurisdiction Panji, Goa, India
- Annual Revenue₹20.1 Lakh
FY 2024 · -52% YoY
- Net Loss-₹96.8 Lakh
FY 2024 · -481% margin
- EBITDA-₹92.2 Lakh
FY 2024 · -459% margin
- Total Equity Funding$638.52K (USD)
in 3 rounds
- Latest Funding Round$63.12K (USD), Seed
Jun 2023
- InvestorsAngel List
& 24 more
- Employee Count15
Associated legal entities of Siloho
Siloho operates through Unelma Design Labs Private Limited (active). Its filings, financials, charges and directors are on the company page.
| Legal entity | Status | Incorporated | Registered in | Revenue (FY 2024) | Employees | Directors | Company page |
|---|---|---|---|---|---|---|---|
| Unelma Design Labs Private Limited CIN U72900GA2021PTC014658 | Active | 29 Jan 2021 | Panji, Goa | ₹0.2 Cr | 15 | 3 | View details |
Funding Insights of Siloho
Siloho has successfully raised a total of $638.52K across 3 strategic funding rounds. The most recent funding activity was a Seed round of $63.12 thousand completed in June 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 $638,521
- Total Rounds 3
- Last Round Seed — $63,120
- First Round $220,707
(Apr 2021)
- Investors Count 25
All 3 funding rounds of Siloho with amounts and investors; the two latest post-money valuations are shown, the rest are part of the premium plan.
| Date | Amount | Transaction Name | Valuation | Lead Investors | Investors |
|---|---|---|---|---|---|
| Jun 2023 | $63,120 | Seed | $3.56M | Hrishikesh Parandekar | |
| Apr 2022 | $354,694 | Seed | $3.3M | Superb Capital | |
| Apr 2021 | $220,707 | Angel Round | $••••• | Sahil Barua |
| Date | Valuation | Stage |
|---|---|---|
| Jun 2023 | $3.56M | •••••••• |
| Apr 2022 | $3.3M | •••••••• |
| Apr 2021 | $••••• | •••••••• |
Full valuation and stage history of Siloho
Every valuation point, the growth-stage changes (minicorn, soonicorn, unicorn) and the dates behind them require an active premium plan.
- All valuation points
- Stage changes
- Dates
- Exports
Verified entity values are shown only after access is granted.
Last known valuation $3.56M (Jun 2023). 25 investors in total: 5 institutional and 20 angel.
Investors in Siloho
Siloho has secured backing from 25 investors, including angel, venture fund, and institutional investors. Prominent investors backing the company include Angel List, LetsVenture and Superb Capital.
| Investor | Description | Founded Year | Domain | Location |
|---|---|---|---|---|
Sector agnostic startup incubator | 2019 | aicraise.com | Coimbatore, India | |
Venture capital firm focused on early-stage technology companies | 2021 | superbcapital.in | Mumbai, India | |
Online platform that connects startup founders with accredited investors, enabling early-stage fundraising and investment opportunities for private market growth | 2013 | letsventure.com | Bengaluru, India | |
Alternative investment platform for startups and investors is operated. | 2010 | angellist.com | San Francisco, United States | |
Blank check firm is operated to target multiple sectors. | Seattle, United States | |||
HP Hrishikesh Parandekar | unknown_83b2eb425a0a48d68 | |||
SV Sukumar Varma Uppalapati | unknown_19e112e47b4c4049b | |||
JC Jaykishan Chhabildas Garach | unknown_b0cc85f9345346a4a | |||
AJ Anurag Jain | Angel investor, ex-entrepreneur, focused on tech startups in India | unknown_ec422035b92a442fb | ||
AS Aneesh Sivakumar | unknown_161fec25783e43328 |
Investor details for Siloho
The complete investor list, round-by-round participation and investor portfolios require an active premium plan.
- Complete investor list
- Round participation
- Investor portfolios
- Co-investor network
Verified entity values are shown only after access is granted.
Board of directors of Unelma Design Labs Private Limited (Siloho)
Unelma Design Labs Private Limited is the primary company behind Siloho. The board of Unelma Design Labs Private Limited currently have 3 directors; the longest-serving is Shan Gehlot, appointed in 2021.
| Director | Designation | Appointed | Tenure | Entity |
|---|---|---|---|---|
| Shan Gehlot DIN 03521995 | Director | 29 Jan 2021 | 5 yrs 9 mo | Unelma Design Labs Private Limited |
| Prathamesh Jahoorkar DIN 03633665 | Director | 29 Jan 2021 | 5 yrs 9 mo | Unelma Design Labs Private Limited |
| Pranshu Sharma DIN 05266559 | Additional Director | 27 Mar 2023 | 3 yrs 7 mo | Unelma Design Labs Private Limited |
People of Siloho
2 people are tracked at Siloho (2 in leadership); the tracked headcount is 15.
| Name | Role | Group |
|---|---|---|
| Co-Founder & CEO | Leadership | |
| Co-Founder | Leadership |
Complete people profiles for Siloho
Full employee and board profiles, team structure, tenure and professional contact details require an active premium plan.
- Full employee list
- Team structure
- Board tenure
- Professional contacts
Verified entity values are shown only after access is granted.
Financials of Siloho
Figures of Unelma Design Labs Private Limited, the primary company behind Siloho, for FY 2024. Revenue was ₹20.1 Lakh (-52% year on year). Net loss was -₹96.8 Lakh (-481% margin). EBITDA was -₹92.2 Lakh (-459% margin).
- ₹20.1 LakhRevenue · FY 2024 · -52% YoY
- -₹96.8 LakhNet loss · -481% margin
- -₹92.2 LakhEBITDA · -459% margin
- ₹1.2 LakhPaid-up capital
- 15Employees (provident fund records)
Balance sheet, profit and loss, cash flow and ratios of Unelma Design Labs Private Limited are on its company page.
Detailed financial statements for Siloho
Statement rows, ratios, five-year trends and downloadable financials of the group companies require an active premium plan.
- Statement rows
- Financial ratios
- Five-year trends
- Downloads
Verified entity values are shown only after access is granted.
Timeline of Siloho
4 dated milestones of Siloho across 2 years, from founding to its latest funding, stage changes and deals.
- Founded Siloho is founded.
- Funding First funding round of $221K.
- Milestone Reaches Minicorn status.
- Funding Latest funding round, Seed, of $63K.
Competitors of Siloho
Siloho has 3 listed competitors in our database, 3 of them funded. They include LivSpace, HomeLane and Design Cafe.
| Company Name | Domain | Founded | HQ Location | Total funding | Employees | Description |
|---|---|---|---|---|---|---|
| livspace.com | 2014 | Bengaluru, India | $511.55M | 100 | Provider of interior design and renovation services for homes and offices | |
| homelane.com | 2014 | Bengaluru, India | $194.18M | 2,037 | End-to-end home interior design and execution solutions are provided. | |
| designcafe.com | 2015 | Chennai, India | $76.14M | 559 | Personalized end-to-end interior solutions are provided via a platform. |
Detailed competitors of Siloho
The full competitor set, operating metrics and side-by-side benchmarks require an active premium plan.
- Full competitor set
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- Competitive positioning
Verified entity values are shown only after access is granted.
Top companies in Local & Community Services
3 companies that operate in the same segment as Siloho (Local & Community Services) in India, ranked by their profile score on The Company Check.
| Company | Description | Founded | Location | Total funding | Revenue | Employees |
|---|---|---|---|---|---|---|
Customers are connected with vetted professionals for on-demand home services. | 2014 | Gurugram, Haryana, India | USD 376.49 M | USD 165.84 M | 2,111 | |
Provider of interior design and renovation services for homes and offices | 2014 | Bengaluru, Karnataka, India | USD 511.55 M | USD 172.66 M | 4,353 | |
Provider of car service and repair network | 2016 | Gurugram, Haryana, India | USD 62.01 M | USD 8.06 M | 171 |
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Frequently Asked Questions about Siloho
Siloho was founded in 2021.
Siloho is headquartered in Panaji, India. It is registered at Panaji, Goa, India.
Shan Gehlot is the CEO of Siloho, as recorded in our data. They have also founded this company.
Siloho is a funded company, having raised a total of $638.52K across 3 funding rounds to date. The company's 1st funding round was a Angel Round of $220.71K, raised on Apr 2021.
Siloho has 15 employees.
The primary company behind Siloho, Unelma Design Labs Private Limited, reported revenue of ₹20.1 Lakh for FY 2024, down 52% year on year.
Siloho was founded in 2021 in Panaji, India, as a provider in the interior design sector. Customized designs are generated through user style quizzes, with options for selecting colors, woodworks, and products. Services are available for booking interior designs in kitchens, bedrooms, and living rooms at specified dates and times, supporting residential customization needs.
Siloho's top competitors include LivSpace, Design Cafe and HomeLane.
Siloho has 25 investors. Key investors include Angel List, LetsVenture, Superb Capital, AIC RAISE, and Hrishikesh Parandekar.
The valuation of Siloho is $3.56M as of Jun 2023.
Siloho operates through Unelma Design Labs Private Limited.
The legal entities of Siloho currently have 3 directors, including Shan Gehlot, Prathamesh Jahoorkar, Pranshu Sharma.