Skreem Technologies

Bengaluru, India Founded: 2023 • Age: 3 yrs
Offers D2C subscriptions for kids products using circular economy principles.

About Skreem Technologies

Skreem Technologies is a Retail company based in Bengaluru (India) founded in 2023. It offers D2C subscriptions for kids products using circular economy principles. It operates on a D2C and Subscription model in Retail and Consumer sectors. Skreem Technologies has raised $119.49 thousand across 1 funding round. Its Indian entity Skreem Technology Private Limited reported revenue of β‚Ή2.8 Lakh. Skreem Technologies offers products and services including Bicycle Subscription and Kids Ecosystem Platform. Its focus areas include Ecommerce, D2C Platforms, Kids Subscriptions and Sustainability.

Company details

Skreem Technologies is a digital brand house focused on D2C commerce, emphasizing sustainable growth and environmental responsibility. They develop high-quality products like bicycle subscriptions for kids, built on reuse, reduce, and recycle principles. Operating from Bengaluru, India, they leverage technology for global distribution and customer experiences, aiming to onboard millions of subscribers while minimizing landfill and CO2 emissions through vertical commerce models.

  • Headquarters Bengaluru, India
  • Sectors
    Retail
    Consumer
  • Email
    β€’β€’β€’β€’β€’β€’β€’β€’
  • Website skreemtech.com
  • Legal Name Skreem Technology Private Limited
  • Date of Incorporation 09 Mar, 2016
  • Jurisdiction Bengaluru, Karnataka, India
Key Metrics
  • Annual Revenue
    ₹2.8 Lakh

    FY 2024 · -97% YoY

  • Net Loss
    -₹6.4 Lakh

    FY 2024 · -231% margin

  • EBITDA
    -₹8.5 Lakh

    FY 2024 · -305% margin

  • Total Equity Funding
    $119.49K (USD)

    in 1 rounds

  • Latest Funding Round
    $119.49K (USD), Angel Round

    Jul 2024

Products & Services of Skreem Technologies

Skreem Technologies offers a comprehensive portfolio of products and services, including Bicycle Subscription and Kids Ecosystem Platform.

Bicycle Subscription
Subscription Service

Provides kid-friendly bicycle access with flexible exchange options.

Kids Ecosystem Platform
Digital Platform

Offers tailored experiences for kids and parents via D2C model.

Funding Insights of Skreem Technologies

Skreem Technologies has successfully raised a total of $119.49K through 1 strategic funding round. The most recent funding activity was a Angel Round of $119.49 thousand completed in July 2024. 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 $119,491
  • Total Rounds 1
  • Last Round Angel Round β€” $119,491
  • First Round $119,491

    (Jul 2024)

All 1 funding rounds of Skreem Technologies with amounts and investors; the two latest post-money valuations are shown, the rest are part of the premium plan.

DateAmountTransaction NameValuationLead InvestorsInvestors
Jul 2024$119,491Angel Round––
–

Board of directors of Skreem Technology Private Limited (Skreem Technologies)

Skreem Technology Private Limited is the primary company behind Skreem Technologies. The board of Skreem Technology Private Limited currently have 2 directors; the longest-serving is Basankhan Parameshwara Pruthviraj Gowda, appointed in 2016. 2 earlier directors have ceased.

DirectorDesignationAppointedTenureEntity
Basankhan Parameshwara Pruthviraj Gowda
DIN 05178730
Director09 Mar 201610 yrs 7 moSkreem Technology Private Limited
Hrishikesh Mandara Halekote Shivanna
DIN 09657663
Director29 Jun 20224 yrs 3 moSkreem Technology Private Limited

Financials of Skreem Technologies

Figures of Skreem Technology Private Limited, the primary company behind Skreem Technologies, for FY 2024. Revenue was ₹2.8 Lakh (-97% year on year). Net loss was -₹6.4 Lakh (-231% margin). EBITDA was -₹8.5 Lakh (-305% margin). Revenue has grown at a compounded annual rate of -71% over three years and -44% over five years.

  • ₹2.8 LakhRevenue · FY 2024 · -97% YoY
  • -₹6.4 LakhNet loss · -231% margin
  • -₹8.5 LakhEBITDA · -305% margin
  • ₹4.1 LakhPaid-up capital
  • -71%Revenue CAGR, 3 years
  • -44%Revenue CAGR, 5 years

Balance sheet, profit and loss, cash flow and ratios of Skreem Technology Private Limited are on its company page.

Premium access

Detailed financial statements for Skreem Technologies

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 Skreem Technologies

2 dated milestones of Skreem Technologies across 1 years, from founding to its latest funding, stage changes and deals.

  1. Founded Skreem Technologies is founded.
  2. Funding First funding round of $119K.

Top companies in Subscription & Video Commerce

2 companies that operate in the same segment as Skreem Technologies (Subscription & Video Commerce) in India, ranked by their profile score on The Company Check.

CompanyDescriptionFoundedLocationTotal fundingRevenueEmployees
Social commerce platform for users to discover and share recommendations
2016Bengaluru, Karnataka, IndiaUSD 65.91 MUSD 693.59 K15
Makeup, skincare, and personal care products are retailed online.
2017Bengaluru, Karnataka, IndiaUSD 5.35 MUSD 994.46 K76
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Frequently Asked Questions about Skreem Technologies

Skreem Technologies was founded in 2023 and raised its 1st funding round 1 year after it was founded.

Skreem Technologies is headquartered in Bengaluru, India. It is registered at Bengaluru, Karnataka, India.

Skreem Technologies is a funded company, having raised a total of $119.49K across 1 funding round to date. The company's 1st funding round was a Angel Round of $119.49K, raised on Jul 2024.

The primary company behind Skreem Technologies, Skreem Technology Private Limited, reported revenue of β‚Ή2.8 Lakh for FY 2024, down 97% year on year.

Skreem Technologies is a digital brand house focused on D2C commerce, emphasizing sustainable growth and environmental responsibility. They develop high-quality products like bicycle subscriptions for kids, built on reuse, reduce, and recycle principles. Operating from Bengaluru, India, they leverage technology for global distribution and customer experiences, aiming to onboard millions of subscribers while minimizing landfill and CO2 emissions through vertical commerce models.

Skreem Technologies offers Bicycle Subscription and Kids Ecosystem Platform.

Skreem Technologies operates through Skreem Technology Private Limited.

The legal entities of Skreem Technologies currently have 2 directors, including Hrishikesh Mandara Halekote Shivanna, Basankhan Parameshwara Pruthviraj Gowda.

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