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
-
Sectors
Retail
-
Email
***********
-
Phone
*********
-
Website
*********
-
Social
*********
- Legal Name Hourglass Design Private Limited
- Date of Incorporation 29 Jun, 2016
- Jurisdiction Chennai, Tamil Nadu, India
-
Annual Revenue
$488.63 K (USD)34.66as on Mar 31, 2023
-
Net Profit
$12 K (USD)189.51as on Mar 31, 2023
-
EBITDA
$15.5 K (USD)202.41as on Mar 31, 2023
-
Total Equity Funding
$273.79 K (USD)
in 4 rounds
-
Latest Funding Round
$29.47 K (USD), Angel Round
Nov 08, 2019
-
Investors
The Chennai Angels
& 15 more
-
Employee Count
Employee Count
Unlock complete access to The Company Check
Get unrestricted viewing across everything we track — from companies and brands to investors, funding rounds, acquisitions, financials, and more.
- Unlimited viewing on all profiles Companies, investors, financials, funding, acquisitions & directors
- Full access to every database India & global coverage, advanced filters and rich profile details
- Always-on access from your team account Single premium plan for everything you see on the portal
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. The company's diverse product and service offerings are designed to meet the evolving needs of its customers, address market demands, and provide comprehensive solutions that drive value creation and customer satisfaction across various segments and use cases.
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 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.
- Total Funding Total Funding
- Total Rounds 4
- Last Round Angel Round — $29,471
-
First Round
First Round
(01 Aug 2016)
- Investors Count 16
| Date | Amount | Transaction Name | Valuation | Lead Investors | Investors |
|---|---|---|---|---|---|
| Nov, 2019 | Amount | Angel Round - The Postbox | Valuation | Manoj Varghese , Ritesh Mehta |
|
| Feb, 2018 | Amount | Angel Round - The Postbox | Valuation | B Ram Kumar | |
| Jul, 2017 | Amount | Angel Round - The Postbox | Valuation | Manoj Varghese |
| Date | Amount | Transaction Name | Valuation | Lead Investors | Investors |
|---|---|---|---|---|---|
| Jul, 2021 | Amount | Post-IPO - Grab | Valuation |
investors |
|
| Feb, 2021 | Amount | Post-IPO - Grab | Valuation |
investors |
|
| Jan, 2021 | Amount | Post-IPO - Grab | Valuation |
investors |
|
| Feb, 2021 | Amount | Post-IPO - Grab | Valuation |
investors |
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. 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 |
|---|---|---|---|---|
|
Angel network focused on multiple sectors
|
Founded Year | Domain | Location | |
|
Investments are managed by T R Santhanakrishnan's office in Mauritius.
|
Founded Year | Domain | Location | |
|
Angel investments are facilitated by Orchid Angel Ventures in India.
|
Founded Year | Domain | Location |
| Investor | Description | Founded Year | Domain | Location |
|---|---|---|---|---|
|
Single family office of Amitabh Bachchan, founder of Amitabh Bachchan Corporation or AB CORP
|
Founded Year | Domain | Location | |
|
Startup ecosystems are ignited through strategic investments by Signite Partners.
|
Founded Year | Domain | Location | |
|
Venture capital is directed toward companies in multiple sectors.
|
Founded Year | Domain | Location | |
|
Venture capital is invested in cybersecurity, fintech, and AI startups.
|
Founded Year | Domain | Location |
Investments & Acquisitions by The Postbox
| Company Name | Description | Domain | Location | Founded Year | Amount |
|---|---|---|---|---|---|
|
Bionic investment advisor platform
|
2016 | ||||
|
Fine Asian gourmet food is offered by an internet-first restaurant.
|
2016 | ||||
|
Physical e-commerce kiosks are deployed for rural purchases in Indonesia.
|
2014 | ||||
|
Fine Asian gourmet food is offered by an internet-first restaurant.
|
2016 |
Financial Statements - The Postbox
| Date | Amount | Transaction Name | Valuation | Lead Investors | Investors |
|---|---|---|---|---|---|
| Jul, 2021 | Amount | Post-IPO - Grab | Valuation |
investors |
|
| Feb, 2021 | Amount | Post-IPO - Grab | Valuation |
investors |
|
| Jan, 2021 | Amount | Post-IPO - Grab | Valuation |
investors |
|
| Feb, 2021 | Amount | Post-IPO - Grab | Valuation |
investors |
The Postbox Comparisons
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. 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 |
Multi-category accessories are offered by this internet-first brand.
|
|
| domain | founded_year | HQ Location |
Operates a direct-to-consumer brand offering high-quality leather handbags and wallets.
|
|
| domain | founded_year | HQ Location |
Internet first brand of fashion products
|
|
| domain | founded_year | HQ Location |
Online fashion brand offering a variety of handbags and wallets.
|
| Company Name | Domain | Founded year | HQ Location | Description |
|---|---|---|---|---|
| domain | founded_year | HQ Location |
Multiple services are booked via an app-based platform.
|
|
| domain | founded_year | HQ Location |
On-demand services are booked through an app-based platform.
|
|
| domain | founded_year | HQ Location |
App based platform offering on demand delivery and ride-hailing services
|
|
| domain | founded_year | HQ Location |
Operates an on-demand hyperlocal delivery app for food and groceries.
|
Latest news on The Postbox
Frequently Asked Questions about The Postbox
When was The Postbox founded?
The Postbox was founded in 2014 and raised its 1st funding round 2 years after it was founded.
Where is The Postbox located?
The Postbox is headquartered in Chennai, India. It is registered at Chennai, Tamil Nadu, India.
Who is the current CEO of The Postbox?
Nikhil Joseph is the current CEO of The Postbox. They have also founded this company.
Is The Postbox a funded company?
The Postbox is a funded company, having raised a total of $273.79K across 4 funding rounds to date. The company's 1st funding round was a Angel Round of $16.17K, raised on Aug 01, 2016.
What is the annual revenue of The Postbox?
Annual revenue of The Postbox is $488.63K as on Mar 31, 2023.
What does The Postbox do?
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.
Who are the top competitors of The Postbox?
The Postbox's top competitors include Rashki, Mai Soli and BB Ventures.
What products or services does The Postbox offer?
The Postbox offers Transit 4.0 Backpack, Auray Mobile Sling, Pondi Backpack, CECE Work Tote, and Eton Messenger.
Who are The Postbox's investors?
The Postbox has 16 investors. Key investors include The Chennai Angels, B Ram Kumar, Manoj Varghese, Ritesh Mehta, and Manoj Varghese.
What is The Postbox's valuation?
The valuation of The Postbox is $1.27M as of Jul 2017.