About The Postbox
The Postbox is a company based in Chennai (India) founded in 2014 by Nikhil Joseph. The Postbox has raised $273.79 thousand across 4 funding rounds from investors including The Chennai Angels, B Ram Kumar and Manoj Varghese. The Postbox offers products and services including Transit 4.0 Backpack, Auray Mobile Sling, Pondi Backpack, CECE Work Tote, and Eton Messenger. The Postbox operates in a competitive market with competitors including Rashki, BB Ventures, Mai Soli and RangYatra, among others.
- Headquarter Chennai, India
- Founders Nikhil Joseph
- Stage Minicorn
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Sectors
Retail
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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 Hourglass Design Private Limited
- Date of Incorporation 29 Jun, 2016
- Jurisdiction Chennai, Tamil Nadu, India
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Annual Revenue
$488.63 K (USD)34.66as on Mar 31, 2023
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Net Profit
$12 K (USD)189.51as on Mar 31, 2023
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EBITDA
$15.5 K (USD)202.41as on Mar 31, 2023
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Total Equity Funding
$273.79 K (USD)
in 4 rounds
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Latest Funding Round
$29.47 K (USD), Angel Round
Nov 08, 2019
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Investors
The Chennai Angels
& 15 more
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Employee Count
Not available
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Products & Services of The Postbox
The Postbox offers a comprehensive portfolio of products and services, including Transit 4.0 Backpack, Auray Mobile Sling, Pondi Backpack, CECE Work Tote, and Eton Messenger.
Versatile backpack for daily use with multiple compartments.
Compact sling for carrying mobile and essentials on the go.
Stylish backpack designed for work and leisure activities.
Leather tote for professional use with internal organization.
Messenger bag for carrying sales kits and daily items.
Funding Insights of The Postbox
The Postbox has successfully raised a total of $273.79K across 4 strategic funding rounds. The most recent funding activity was a Angel Round of $29.47 thousand completed in November 2019. 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 The Postbox
The Postbox has secured backing from 16 investors, including angel, venture fund, and institutional investors. Prominent investors backing the company include The Chennai Angels, B Ram Kumar and Manoj Varghese.
| Investor | Description | Founded Year | Domain | Location |
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Angel network focused on multiple sectors
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Investments are managed by T R Santhanakrishnan's office in Mauritius.
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Angel investments are facilitated by Orchid Angel Ventures in India.
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Investor details for The Postbox
Investor domains, locations, round participation, and complete history require an active premium plan.
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Investments & Acquisitions by The Postbox
Investment portfolio details for The Postbox
Portfolio company identities, transaction dates, round details, and investment values require an active premium plan.
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Financial Statements - The Postbox
Detailed financials for The Postbox
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The Postbox Comparisons
Peer comparison for The Postbox
Named peer metrics, headcount, funding, location, and side-by-side benchmarks require an active premium plan.
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Competitors of The Postbox
The Postbox 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 Rashki, BB Ventures, Mai Soli and RangYatra, among others.
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Multi-category accessories are offered by this internet-first brand.
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Operates a direct-to-consumer brand offering high-quality leather handbags and wallets.
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Internet first brand of fashion products
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Online fashion brand offering a variety of handbags and wallets.
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Detailed competitors of The Postbox
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Latest news on The Postbox
Complete news archive for The Postbox
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Frequently Asked Questions about The Postbox
The Postbox was founded in 2014 and raised its 1st funding round 2 years after it was founded.
The Postbox is headquartered in Chennai, India. It is registered at Chennai, Tamil Nadu, India.
Nikhil Joseph is the current CEO of The Postbox. They have also founded this company.
The Postbox is a funded company, having raised a total of $273.79K across 4 funding rounds to date.
Annual revenue of The Postbox is $488.63K as on Mar 31, 2023.
The company was founded in 2014 and is based in Chennai, India. Operations are conducted as an internet-first brand within the leather goods sector. A catalog of products is maintained, including slings, crossbody bags, messenger bags, wallets, laptop bags, tote bags, backpacks, passport holders, organizers, and travel kits. Additional items such as trays, desk mats, notebooks, belts, luggage tags, jewelry boxes, and sunglass covers are also provided.
The Postbox's top competitors include Rashki, Mai Soli and BB Ventures.
The Postbox offers Transit 4.0 Backpack, Auray Mobile Sling, Pondi Backpack, CECE Work Tote, and Eton Messenger.
The Postbox has 16 investors. Key investors include The Chennai Angels, B Ram Kumar, Manoj Varghese, Ritesh Mehta, and Manoj Varghese.
The valuation of The Postbox is $1.27M as of Jul 2017.