About Solara
Solara is a company based in Hyderabad (India) founded in 2021 by Gopal Kolli and Swetha Parvathaneni. It operates as a Direct-to-Consumer (D2C). Solara has raised $642.54 thousand across 1 funding round from investors including Sky Moonshot Holdings and Rama Krishna Donepudi. Solara offers products and services including Elixir Tumbler - 1.2L, Insulated Water Bottle, BlendKwik Portable Blender, SOLARA 12L XXL Air Fryer Oven, and Belmont Ceramic Tawa. Solara operates in a competitive market with competitors including Wonderchef, P-TAL, Vaya, Healux International and Rabitat, among others.
- Headquarter Hyderabad, India
- Founders Gopal Kolli, Swetha Parvathaneni
- 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 Win The Buy Box Private Limited
- Date of Incorporation 28 Sep, 2021
- Jurisdiction Hyderabad, Telangana, India
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Annual Revenue
$3.05 M (USD)770.62as on Mar 31, 2023
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Net Profit
-$185.07 K (USD)-13781.28as on Mar 31, 2023
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EBITDA
-$186.11 K (USD)-15384.64as on Mar 31, 2023
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Total Equity Funding
$642.54 K (USD)
in 1 rounds
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Latest Funding Round
$642.54 K (USD), Seed
Jan 09, 2023
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Investors
Sky Moonshot Holdings
& 1 more
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Employee Count
Not available
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Products & Services of Solara
Solara offers a comprehensive portfolio of products and services, including Elixir Tumbler - 1.2L, Insulated Water Bottle, BlendKwik Portable Blender, SOLARA 12L XXL Air Fryer Oven, and Belmont Ceramic Tawa.
Insulated tumbler is offered for maintaining drink temperature.
Water bottle is designed for thermal insulation usage.
Portable blender is provided for convenient blending tasks.
Air fryer oven is built for large cooking needs.
Ceramic tawa is crafted for non-stick cooking purposes.
Funding Insights of Solara
Solara has successfully raised a total of $642.54K through 1 strategic funding round. The most recent funding activity was a Seed round of $642.54 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.
Investors in Solara
Solara has secured backing from 2 investors, including institutional and angel investors. Prominent investors backing the company include Sky Moonshot Holdings and Rama Krishna Donepudi.
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Rama Krishna Donepudi |
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Investor details for Solara
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Investments & Acquisitions by Solara
Investment portfolio details for Solara
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- Portfolio identities
- Transaction dates
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Financial Statements - Solara
Detailed financials for Solara
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- Historical revenue
- Profit trends
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Solara Comparisons
Peer comparison for Solara
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- Named peers
- Headcount comparison
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Competitors of Solara
Solara 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 Wonderchef, P-TAL, Vaya, Healux International and Rabitat, among others.
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Multi-category kitchen products are offered via an internet-first brand.
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Handcrafted copper, brass, and kansa kitchenware is manufactured.
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Private label kitchen supplies are offered via internet-first model.
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Cookware, kitchenware, healthcare, and homecare products are retailed online.
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Internet first brand offering baby care products
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Provides leakproof lunch boxes, tumblers, and kitchen accessories for consumers.
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Detailed competitors of Solara
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Latest news on Solara
Complete news archive for Solara
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Frequently Asked Questions about Solara
Solara was founded in 2021 and raised its 1st funding round 2 years after it was founded.
Solara is headquartered in Hyderabad, India. It is registered at Hyderabad, Telangana, India.
Solara is a funded company, having raised a total of $642.54K across 1 funding round to date.
Annual revenue of Solara is $3.05M as on Mar 31, 2023.
Solara is involved in the online retail of a wide range of kitchen, home, and fitness products. Categories such as drinkware, kitchen appliances, and cookware are offered to consumers. Products like insulated tumblers, water bottles, blenders, air fryers, and ceramic tawas are provided with a focus on quality and functionality. The company operates primarily in the direct-to-consumer space, targeting households across India with durable and innovative solutions for everyday needs.
Solara's top competitors include Wonderchef, P-TAL and Vaya.
Solara offers Elixir Tumbler - 1.2L, Insulated Water Bottle, BlendKwik Portable Blender, SOLARA 12L XXL Air Fryer Oven, and Belmont Ceramic Tawa.
Solara has 2 investors. Key investors include Sky Moonshot Holdings, and Rama Krishna Donepudi.
The valuation of Solara is $8.81M as of Jan 2023.