About The Deeva
The Deeva is a company based in Una (India) founded in 2022 by Ankush R Barjata. The Deeva has raised $269.43 thousand across 3 funding rounds from investors including Wolfpack Labs, Prerna Gupta and Aakash Anand. The company has 1 employees as of April 08, 2024. The Deeva offers products and services including Pashmina Saree, Banarasi Silk Saree, Litchi Silk Saree, and Linen Cotton Saree. The Deeva operates in a competitive market with competitors including IndiaSariHouse, Ethnicroop, New pink house, Jashn and Kreeva, among others.
- Headquarter Una, India
- Employees 1 as on 08 Apr, 2024
- Founders Ankush R Barjata
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Sectors
Retail
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Phone
*********
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Website
*********
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Social
*********
- Legal Name Barjata E-Retail Private Limited
- Date of Incorporation 01 Sep, 2022
- Jurisdiction Una, Himachal Pradesh, India
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Annual Revenue
$23.82 K (USD)0as on Mar 31, 2023
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Net Profit
$701.3 (USD)0as on Mar 31, 2023
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EBITDA
$947.78 (USD)0as on Mar 31, 2023
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Total Equity Funding
$269.43 K (USD)
in 3 rounds
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Latest Funding Round
$178.8 K (USD), Seed
Sep 02, 2024
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Investors
Wolfpack Labs
& 5 more
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Employee Count
1
as on Apr 08, 2024
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Products & Services of The Deeva
The Deeva offers a comprehensive portfolio of products and services, including Pashmina Saree, Banarasi Silk Saree, Litchi Silk Saree, and Linen Cotton Saree.
Luxurious saree made from fine wool for elegant wear
Traditional silk saree with intricate designs from Banaras
Rich fabric saree offering comfort and premium quality
Blended saree for everyday wear with breathable material
Funding Insights of The Deeva
The Deeva has successfully raised a total of $269.43K across 3 strategic funding rounds. The most recent funding activity was a Seed round of $178.8 thousand completed in September 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 Total Funding
- Total Rounds 3
- Last Round Seed — $178,800
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First Round
First Round
(12 Mar 2024)
- Investors Count 6
| Date | Amount | Transaction Name | Valuation | Lead Investors | Investors |
|---|---|---|---|---|---|
| Sep, 2024 | Amount | Seed - The Deeva | Valuation | Wolfpack Labs | |
| Mar, 2024 | Amount | Debt – Conventional - The Deeva | Valuation |
investors |
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| Mar, 2024 | Amount | Angel Round - The Deeva | Valuation |
investors |
Investors in The Deeva
The Deeva has secured backing from 6 investors, including venture fund and angel investors. Prominent investors backing the company include Wolfpack Labs, Prerna Gupta and Aakash Anand.
| Investor | Description | Founded Year | Domain | Location |
|---|---|---|---|---|
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Venture studio services for startups and entrepreneurs in India.
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Founded Year | Domain | Location | |
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PG
Prerna Gupta |
Angel investor and entrepreneur, focusing on tech startups in India.
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Founded Year | Domain | Location |
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AA
Aakash Anand |
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Founded Year | Domain | Location |
Investments & Acquisitions by The Deeva
Financial Statements - The Deeva
The Deeva Comparisons
Competitors of The Deeva
The Deeva 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 IndiaSariHouse, Ethnicroop, New pink house, Jashn and Kreeva, among others.
| Company Name | Domain | Founded year | HQ Location | Description |
|---|---|---|---|---|
| domain | founded_year | HQ Location |
Online platform for slot games, gambling, and user transactions.
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| domain | founded_year | HQ Location |
Online retailer of traditional Indian ethnic clothing such as sarees and lehengas.
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| domain | founded_year | HQ Location |
Operates an online retail platform specializing in ethnic wear for women.
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| domain | founded_year | HQ Location |
Ethnic women apparel is manufactured and retailed by Jashn.
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| domain | founded_year | HQ Location |
An e-commerce store specializing in ethnic wear for women.
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| domain | founded_year | HQ Location |
Sells handpicked traditional Indian weaves and sarees online.
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Frequently Asked Questions about The Deeva
The Deeva was founded in 2022 and raised its 1st funding round 2 years after it was founded.
The Deeva is headquartered in Una, India. It is registered at Una, Himachal Pradesh, India.
The Deeva is a funded company, having raised a total of $269.43K across 3 funding rounds to date. The company's 1st funding round was a Debt – Conventional of $151.06K, raised on Mar 12, 2024.
As of Apr 08, 2024, the latest employee count at The Deeva is 1.
Annual revenue of The Deeva is $23.82K as on Mar 31, 2023.
Deeva was founded in 2022 by Ankush R Barjata in Una, India. Operations focus on the online fashion sector, where a range of ethnic apparel for women is provided through thedeeva.com. Sarees in categories including silk, linen, Banarasi, and others are primarily featured. The brand serves customers via e-commerce in the apparel industry.
The Deeva's top competitors include IndiaSariHouse, Kankatala and Kreeva.
The Deeva offers Pashmina Saree, Banarasi Silk Saree, Litchi Silk Saree, and Linen Cotton Saree.
The Deeva has 6 investors. Key investors include Wolfpack Labs, Prerna Gupta, Aakash Anand, Aman Gupta, and Radhika Gupta.
The valuation of The Deeva is $536.9K as of Sep 2024.