About Soulflower
Soulflower is a company based in Mumbai (India) founded in 2001 by Amit Sarda and Natasha Tuli.. Soulflower has raised $1.94 million across 2 funding rounds from investors including Wipro Consumer Care. The company has 38 employees as of March 27, 2024. Soulflower operates in a competitive market with competitors including Mamaearth, The Ayurveda Experience, WOW Skin Science, Juicy Chemistry and Pureplay Skin Sciences, among others.
- Headquarter Mumbai, India
- Employees 38 as on 27 Mar, 2024
- Founders Amit Sarda, Natasha Tuli
- Stage Minicorn
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Sectors
ConsumerHealthcare
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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 Pt Invent India Private Limited
- Date of Incorporation 01 May, 2001
- Jurisdiction Mumbai, Maharashtra, India
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Annual Revenue
$2.99 M (USD)64.17as on Mar 31, 2023
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Net Profit
$-815.4 K (USD)-21.97as on Mar 31, 2023
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EBITDA
$-592.5 K (USD)-37.36as on Mar 31, 2023
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Total Equity Funding
$1.94 M (USD)
in 2 rounds
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Latest Funding Round
$626.13 K (USD), Seed
Sep 06, 2022
- Investors
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Employee Count
38
as on Mar 27, 2024
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Funding Insights of Soulflower
Soulflower has successfully raised a total of $1.94M across 2 strategic funding rounds. The most recent funding activity was a Seed round of $626.13 thousand completed in September 2022. 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 2
- Last Round Seed — $626,130
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First Round
First Round
(15 Dec 2021)
- Investors Count 1
| Date | Amount | Transaction Name | Valuation | Lead Investors | Investors |
|---|---|---|---|---|---|
| Sep, 2022 | Amount | Seed - Soulflower | Valuation |
investors |
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| Dec, 2021 | Amount | Seed - Soulflower | Valuation | Wipro Consumer Care |
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| Date | Amount | Transaction Name | Valuation | Lead Investors | Investors |
|---|---|---|---|---|---|
| Jul, 2021 | Amount | Post-IPO - Grab | Valuation |
investors |
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| Feb, 2021 | Amount | Post-IPO - Grab | Valuation |
investors |
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| Jan, 2021 | Amount | Post-IPO - Grab | Valuation |
investors |
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| Feb, 2021 | Amount | Post-IPO - Grab | Valuation |
investors |
Investors in Soulflower
Soulflower has secured backing from 1 investor, including institutional investors. Prominent investors backing the company include Wipro Consumer Care. 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 |
|---|---|---|---|---|
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Household durable and personal care products are manufactured by Wipro.
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Founded Year | Domain | Location |
| Investor | Description | Founded Year | Domain | Location |
|---|---|---|---|---|
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Single family office of Amitabh Bachchan, founder of Amitabh Bachchan Corporation or AB CORP
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Founded Year | Domain | Location | |
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Startup ecosystems are ignited through strategic investments by Signite Partners.
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Founded Year | Domain | Location | |
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Venture capital is directed toward companies in multiple sectors.
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Founded Year | Domain | Location | |
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Venture capital is invested in cybersecurity, fintech, and AI startups.
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Founded Year | Domain | Location |
Investments & Acquisitions by Soulflower
| Company Name | Description | Domain | Location | Founded Year | Amount |
|---|---|---|---|---|---|
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Bionic investment advisor platform
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2016 | ||||
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Fine Asian gourmet food is offered by an internet-first restaurant.
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2016 | ||||
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Physical e-commerce kiosks are deployed for rural purchases in Indonesia.
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2014 | ||||
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Fine Asian gourmet food is offered by an internet-first restaurant.
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2016 |
Financial Statements - Soulflower
| Date | Amount | Transaction Name | Valuation | Lead Investors | Investors |
|---|---|---|---|---|---|
| Jul, 2021 | Amount | Post-IPO - Grab | Valuation |
investors |
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| Feb, 2021 | Amount | Post-IPO - Grab | Valuation |
investors |
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| Jan, 2021 | Amount | Post-IPO - Grab | Valuation |
investors |
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| Feb, 2021 | Amount | Post-IPO - Grab | Valuation |
investors |
Soulflower Comparisons
Competitors of Soulflower
Soulflower 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 Mamaearth, The Ayurveda Experience, WOW Skin Science, Juicy Chemistry and Pureplay Skin Sciences, 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 |
Online brand offering multi-category natural skin care and makeup products
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| domain | founded_year | HQ Location |
Provides online sales of Ayurvedic face, body, hair care, and educational resources.
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| domain | founded_year | HQ Location |
Organic beauty products are offered by an internet-first brand.
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| domain | founded_year | HQ Location |
Natural skin and hair care products are sold online.
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| domain | founded_year | HQ Location |
Online platform offering beauty & personal care products
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| domain | founded_year | HQ Location |
Multi-category natural beauty products are offered online by Brillare.
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| Company Name | Domain | Founded year | HQ Location | Description |
|---|---|---|---|---|
| domain | founded_year | HQ Location |
Multiple services are booked via an app-based platform.
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| domain | founded_year | HQ Location |
On-demand services are booked through an app-based platform.
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| domain | founded_year | HQ Location |
App based platform offering on demand delivery and ride-hailing services
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| domain | founded_year | HQ Location |
Operates an on-demand hyperlocal delivery app for food and groceries.
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Latest news on Soulflower
Frequently Asked Questions about Soulflower
When was Soulflower founded?
Soulflower was founded in 2001 and raised its 1st funding round 20 years after it was founded.
Where is Soulflower located?
Soulflower is headquartered in Mumbai, India. It is registered at Mumbai, Maharashtra, India.
Who is the current CEO of Soulflower?
Natasha Tuli is the current CEO of Soulflower. They have also founded this company.
Is Soulflower a funded company?
Soulflower is a funded company, having raised a total of $1.94M across 2 funding rounds to date. The company's 1st funding round was a Seed of $1.32M, raised on Dec 15, 2021.
How many employees does Soulflower have?
As of Mar 27, 2024, the latest employee count at Soulflower is 38.
What is the annual revenue of Soulflower?
Annual revenue of Soulflower is $2.99M as on Mar 31, 2023.
What does Soulflower do?
Soulflower was founded in 2001 and is based in Mumbai, India. Operations are conducted as an internet-first brand within the organic beauty sector. A range of products is provided, including shampoos, conditioners, hair oils, beard oils, serums, face washes, body lotions, and additional items. The company is led by co-founders Amit Sarda and Natasha Tuli.
Who are the top competitors of Soulflower?
Soulflower's top competitors include Mamaearth, WOW Skin Science and Brillare.
Who are Soulflower's investors?
Soulflower has 1 investor. Key investors include Wipro Consumer Care.
What is Soulflower's valuation?
The valuation of Soulflower is $7.51M as of Sep 2022.
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