About Spiritzone
Spiritzone is a Consumer company based in Thane (India) founded in 2020 by Kushal Jaiswal and Pragya Jaiswal. An app-based platform for ordering and delivering alcohol conveniently. It operates on a B2C model. Its chief executive, as recorded, is Kushal Jaiswal. Its Indian entity Boxwish Labs Llp reported revenue of ₹65.9 Lakh. Its focus areas include Consumer Goods, Beverages, Alcohol Delivery and On-Demand Services. Its competitors include HipBar, Sip Direct and Liquesip; 1 of its 3 listed competitors has raised funding.
Company details
Spiritzone, led by Kushal Jaiswal as Co-Founder, CEO, Pragya Jaiswal as Co-Founder, specializes in producing consumer products, producing beverages, alcohol delivery, and on-demand services. An app-based platform for ordering and delivering alcohol conveniently. The team drives innovation, quality service, and sustainable practices to achieve excellence and client satisfaction.
- Headquarters Thane, India
- Founders Kushal Jaiswal, Pragya Jaiswal
- SectorsConsumer
- Website spiritzone.in
- Legal Name Boxwish Labs Llp
- Date of Incorporation 09 Oct, 2017
- Jurisdiction Mumbai, Maharashtra, India
- Annual Revenue₹65.9 Lakh
FY 2023 · -57% YoY
- Net Loss-₹39.2 Lakh
FY 2023 · -59% margin
- EBITDA-₹20.6 Lakh
FY 2023 · -31% margin
Associated legal entities of Spiritzone
Spiritzone operates through Boxwish Labs Llp (active). Its filings, financials, charges and directors are on the company page.
| Legal entity | Status | Incorporated | Registered in | Revenue (FY 2023) | Employees | Directors | Company page |
|---|---|---|---|---|---|---|---|
| Boxwish Labs Llp CIN AAK-7877 | Active | 09 Oct 2017 | Mumbai, Maharashtra | ₹0.7 Cr | 2 | View details |
Board of directors of Boxwish Labs Llp (Spiritzone)
Boxwish Labs Llp is the primary company behind Spiritzone. The board of Boxwish Labs Llp currently have 2 directors; the longest-serving is Richa Yogendrakumar Jaiswal, appointed in 2017. 4 earlier directors have ceased.
| Director | Designation | Appointed | Tenure | Entity |
|---|---|---|---|---|
| Richa Yogendrakumar Jaiswal DIN 05359532 | Designated Partner | 09 Oct 2017 | 9 yrs | Boxwish Labs Llp |
| Kushal Jaiswal DIN 03535434 | Designated Partner | 12 Dec 2023 | 2 yrs 10 mo | Boxwish Labs Llp |
People of Spiritzone
2 people are tracked at Spiritzone (2 in leadership).
| Name | Role | Group |
|---|---|---|
| Co-Founder, CEO | Leadership | |
Pragya Jaiswal | Co-Founder | Leadership |
Complete people profiles for Spiritzone
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- Full employee list
- Team structure
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Verified entity values are shown only after access is granted.
Financials of Spiritzone
Figures of Boxwish Labs Llp, the primary company behind Spiritzone, for FY 2023. Revenue was ₹65.9 Lakh (-57% year on year). Net loss was -₹39.2 Lakh (-59% margin). EBITDA was -₹20.6 Lakh (-31% margin). Revenue has grown at a compounded annual rate of +53% over three years and +127% over five years.
- ₹65.9 LakhRevenue · FY 2023 · -57% YoY
- -₹39.2 LakhNet loss · -59% margin
- -₹20.6 LakhEBITDA · -31% margin
- +53%Revenue CAGR, 3 years
- +127%Revenue CAGR, 5 years
Balance sheet, profit and loss, cash flow and ratios of Boxwish Labs Llp are on its company page.
Detailed financial statements for Spiritzone
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.
Competitors of Spiritzone
Spiritzone has 3 listed competitors in our database, 1 of them funded. They include HipBar, Sip Direct and Liquesip.
| Company Name | Domain | Founded | HQ Location | Total funding | Employees | Description |
|---|---|---|---|---|---|---|
| hipbar.com | 2015 | Chennai, India | $4.24M | 10 | Bars and liquor stores are discovered via a mobile app. | |
| sipdirect.com | 2021 | New Delhi, India | 12 | Online platform for purchasing and delivering liquor, sodas, and cocktail mixes. | ||
| liquesip.com | 2020 | Kolkata, India | 34 | Online platform for slot games with easy registration and deposits. |
Detailed competitors of Spiritzone
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- Full competitor set
- Operating metrics
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- Competitive positioning
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Top companies in Alcoholic & Tobacco Products
3 companies that operate in the same segment as Spiritzone (Alcoholic & Tobacco Products) in India, ranked by their profile score on The Company Check.
| Company | Description | Founded | Location | Total funding | Revenue | Employees |
|---|---|---|---|---|---|---|
Flavored craft beers are produced and distributed by Bira 91. | 2015 | Delhi, Delhi, India | USD 456.92 M | USD 105.75 M | 1,020 | |
Brand of multi-category alcoholic spirits | 2017 | Delhi, Delhi, India | USD 9.83 M | USD 3.99 M | 54 | |
Brand of beer and spirits | 2017 | Gurugram, Haryana, India | USD 8.89 M | USD 2.66 M | 33 |
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Frequently Asked Questions about Spiritzone
Spiritzone was founded in 2020.
Spiritzone is headquartered in Thane, India. It is registered at Thane, Maharashtra, India.
Kushal Jaiswal is the CEO of Spiritzone, as recorded in our data. They have also founded this company.
The primary company behind Spiritzone, Boxwish Labs Llp, reported revenue of ₹65.9 Lakh for FY 2023, down 57% year on year.
Spiritzone, led by Kushal Jaiswal as Co-Founder, CEO, Pragya Jaiswal as Co-Founder, specializes in producing consumer products, producing beverages, alcohol delivery, and on-demand services. An app-based platform for ordering and delivering alcohol conveniently. The team drives innovation, quality service, and sustainable practices to achieve excellence and client satisfaction.
Spiritzone's top competitors include HipBar, Sip Direct and Liquesip.
Spiritzone operates through Boxwish Labs Llp.
The legal entities of Spiritzone currently have 2 directors, including Kushal Jaiswal, Richa Yogendrakumar Jaiswal.