About Sneakare
Sneakare is a company based in Delhi (India) founded in 2021 by Krishnav Dhingra.. Sneakare has raised $25.38 thousand across 1 funding round from investors including Aman Gupta and Vineeta Singh. The company has 1 employees as of December 11, 2024. Sneakare offers products and services including Shoe Cleaning Wipes, Complete Shoe Cleaning Kit, Stack'Em Sneaker Crates, RPL Repellent, and Shoe Laundry Kit. Sneakare operates in a competitive market with competitors including Helios India, Sneads, Shoeshine, Sneakinn and SHOEGR, among others.
- Headquarter Delhi, India
- Employees 1 as on 11 Dec, 2024
- Founders Krishnav Dhingra
-
Sectors
Retail
-
Email
***********
-
Phone
*********
-
Website
*********
-
Social
*********
- Legal Name Buildout Retail Private Limited
- Date of Incorporation 05 Apr, 2022
- Jurisdiction Delhi, Delhi, India
-
Annual Revenue
$1.18 M (USD)127.3as on Mar 31, 2024
-
Net Profit
$100.1 K (USD)83.59as on Mar 31, 2024
-
EBITDA
$137.11 K (USD)-54.7as on Mar 31, 2024
-
Total Equity Funding
$25.38 K (USD)
in 1 rounds
-
Latest Funding Round
$25.38 K (USD), Angel Round
Jan 03, 2023
-
Investors
& 1 more
-
Employee Count
1
as on Dec 11, 2024
Unlock complete access to The Company Check
Get unrestricted viewing across everything we track — from companies and brands to investors, funding rounds, acquisitions, financials, and more.
- Unlimited viewing on all profiles Companies, investors, financials, funding, acquisitions & directors
- Full access to every database India & global coverage, advanced filters and rich profile details
- Always-on access from your team account Single premium plan for everything you see on the portal
Products & Services of Sneakare
Sneakare offers a comprehensive portfolio of products and services, including Shoe Cleaning Wipes, Complete Shoe Cleaning Kit, Stack'Em Sneaker Crates, RPL Repellent, and Shoe Laundry Kit. The company's diverse product and service offerings are designed to meet the evolving needs of its customers, address market demands, and provide comprehensive solutions that drive value creation and customer satisfaction across various segments and use cases.
Wipes for quick and effective sneaker cleaning.
All-in-one kit for thorough shoe maintenance and protection.
Crates designed for organizing and storing sneakers securely.
Water and stain repellent spray for shoe surfaces.
Kit for washing and caring for sneakers at home.
Unlock access to complete
Unlock access to complete
Funding Insights of Sneakare
Sneakare has successfully raised a total of $25.38K through 1 strategic funding round. The most recent funding activity was a Angel Round round of $25.38 thousand completed in January 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 Total Funding
- Total Rounds 1
- Last Round Angel Round — $25,383
-
First Round
First Round
(03 Jan 2023)
- Investors Count 2
| Date | Amount | Transaction Name | Valuation | Lead Investors | Investors |
|---|---|---|---|---|---|
| Jan, 2023 | Amount | Angel Round - Sneakare | Valuation | Aman Gupta , Vineeta Singh |
|
| 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 |
Investors in Sneakare
Sneakare has secured backing from 2 investors, including angel investors. Prominent investors backing the company include Aman Gupta and Vineeta Singh. 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 |
|---|---|---|---|---|
|
AG
Aman Gupta |
Co-founder of boAt, Shark Tank India judge, active angel investor
|
Founded Year | Domain | Location |
|
VS
Vineeta Singh |
Co-founder of SUGAR Cosmetics, angel investor, and Shark Tank India judge
|
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 Sneakare
| 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 - Sneakare
| 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 |
Sneakare Comparisons
Competitors of Sneakare
Sneakare 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 Helios India, Sneads, Shoeshine, Sneakinn and SHOEGR, 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 |
Produces and sells shoe care items like cleaners, protectors, and insoles for footwear maintenance.
|
|
| domain | founded_year | HQ Location |
Delivers premium sneaker care products and comprehensive cleaning services for footwear enthusiasts.
|
|
| domain | founded_year | HQ Location |
Offers shoe laces, creams, horns, and tools for footwear maintenance.
|
|
| domain | founded_year | HQ Location |
Provides sneaker care products, cleaning kits, wipes, sprays, and laundry services.
|
|
| domain | founded_year | HQ Location |
Internet first brand offering shoe care 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.
|
Frequently Asked Questions about Sneakare
When was Sneakare founded?
Sneakare was founded in 2021 and raised its 1st funding round 2 years after it was founded.
Where is Sneakare located?
Sneakare is headquartered in Delhi, India. It is registered at Delhi, Delhi, India.
Is Sneakare a funded company?
Sneakare is a funded company, having raised a total of $25.38K across 1 funding round to date. The company's 1st funding round was a Angel Round of $25.38K, raised on Jan 03, 2023.
How many employees does Sneakare have?
As of Dec 11, 2024, the latest employee count at Sneakare is 1.
What is the annual revenue of Sneakare?
Annual revenue of Sneakare is $1.18M as on Mar 31, 2024.
What does Sneakare do?
Sneakare was founded in 2021 and is based in Delhi, India. Operations focus on the footwear accessories sector, with products distributed through an online platform. The catalog encompasses cleaning wipes, water stain repellents, sneaker sponges, cleaners, surface mats, microfiber towels, cleaning brushes, sneaker pills, shapers, and additional items for footwear maintenance.
Who are the top competitors of Sneakare?
Sneakare's top competitors include SHOEGR, Helios India and Sneads.
What products or services does Sneakare offer?
Sneakare offers Shoe Cleaning Wipes, Complete Shoe Cleaning Kit, Stack'Em Sneaker Crates, RPL Repellent, and Shoe Laundry Kit.
Who are Sneakare's investors?
Sneakare has 2 investors. Key investors include Aman Gupta, and Vineeta Singh.