Think9

Mumbai, India Founded: 2021 • Age: 5 yrs Minicorn
Brand co-creation services for digital-native consumer brands are provided.
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About Think9

Think9 is a Technology company based in Mumbai (India) founded in 2021 by Avni Kishore Biyani, Ashni Kishore Biyani, Shreyansh Modi, and Santosh Desai. Brand co-creation services for digital-native consumer brands are provided. It operates in the Technology and Retail sectors. Think9 has raised $16.23 million across 6 funding rounds from investors including Capri Loans, Phoenix Mills and Ananta Capital. The company has 65 employees. Think9 was last valued at $120.06 million in October 2023. Its Indian entity Think9 Consumer Technologies Private Limited reported revenue of ₹47.19 Cr. Its focus areas include E-Commerce Enablers, E-Commerce Sellers, Tech First Acquirers and Brands Tech. Its competitors include Mensa Brands, GOAT Brand Labs and GlobalBees; 3 of its 3 listed competitors have raised funding.

Company details

Think9 was established in 2021 in Mumbai, India, as a platform for brand co-creation targeted at digital-native consumer brands. Consumer ideas are transformed into authentic, experience-led, and profitable brands through collaboration with entrepreneurs. Services span categories including fashion, beauty, wellness, food, and home décor. Operations are centered in the consumer goods sector, with a focus on experience-driven development.

  • Headquarters Mumbai, India
  • Employees 65
  • Founders Avni Kishore Biyani, Ashni Kishore Biyani, Shreyansh Modi, Santosh Desai
  • Stage Minicorn
  • Sectors
    Technology
    Retail
  • Website category Business and Consumer Services · Online Marketing
  • Website think9co.in
  • Social LinkedIn
  • Legal Name Think9 Consumer Technologies Private Limited
  • Date of Incorporation 02 Feb, 2021
  • Jurisdiction Mumbai, Maharashtra, India
Operational Areas
Technology → Brand & Marketing Technology
Retail → E-Commerce Enablers & Infrastructure
Key Metrics
  • Annual Revenue
    ₹47.19 Cr

    FY 2025 · +8% YoY

  • Net Loss
    -₹41.19 Cr

    FY 2025 · -87% margin

  • EBITDA
    -₹23.63 Cr

    FY 2025 · -50% margin

  • Total Equity Funding
    $16.23M (USD)

    in 6 rounds

  • Latest Funding Round
    $3.45M (USD), Series B

    Feb 2025

  • Investors
    Capri Loans

    & 31 more

  • Employee Count
    65

Funding Insights of Think9

Think9 has successfully raised a total of $16.23M across 6 strategic funding rounds. The most recent funding activity was a Series B round of $3.45 million completed in February 2025. 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 $16.23M
  • Total Rounds 6
  • Last Round Series B — $3.45M
  • First Round $6.6M

    (Dec 2021)

  • Investors Count 32

All 6 funding rounds of Think9 with amounts and investors; the two latest post-money valuations are shown, the rest are part of the premium plan.

DateAmountTransaction NameValuationLead InvestorsInvestors
Feb 2025$3.45MSeries B–Brand Capital
–
Oct 2023$3MSeries B$120.06MPhoenix Mills
–
Apr 2023$989,700Series B$66.43MAnanta Capital, Mahima Stocks
Rajesh Vardichand Ranavat, Hem Virendra Shah
Jul 2022$694,500Series A$•••••Apurva Export, Apurva Salarpuria
Apurva Salarpuria
Apr 2022$1.5MSeries A$•••••Budhi Collaborative
Narendra Kumar Daga
Dec 2021$6.6MSeries A$•••••Surplus Finvest
Pankaj Jaju, Haresh Ramrupchand Chawla
Valuation history
DateValuationStage
Oct 2023$120.06M••••••••
Apr 2023$66.43M••••••••
Jul 2022$•••••••••••••
Apr 2022$•••••••••••••
Dec 2021$•••••••••••••
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Full valuation and stage history of Think9

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Last known valuation $120.06M (Oct 2023). 32 investors in total: 14 institutional and 18 angel.

Investors in Think9

Think9 has secured backing from 32 investors, including institutional, venture fund, and angel investors. Prominent investors backing the company include Capri Loans, Phoenix Mills and Ananta Capital.

All
Venture Fund
Institutional
Angel
InvestorDescriptionFounded YearDomainLocation
Ananta Capital
Private equity fund focused on multiple sectors
2009anantacapital.inMumbai, India
Mahima Stocks
Private equity firm
Mumbai, India
Narotam Sekhsaria Family Office
Investments in public markets, commodities, private equities, and real estate by a family office.
2006sekhsaria.comMumbai, India
Sidhant Real Estate Developers and Services
Real estate development and services are provided across multiple sectors.
Ahmedabad, India
Brand Capital
Investments in early-stage startups are made by Brand Capital.
brandcapital.co.inMumbai, India
Phoenix Mills
Residential and commercial property development services are provided.
1905thephoenixmills.comMumbai, India
Surplus Finvest
Brescon
Investment management services focusing on equities, real estate, and advisory for wealth growth.
1991brescon.comMumbai, India
Suresh Productions
General construction, renovation, and demolition services are provided.
1963sureshproductions.comHyderabad, India
Capri Loans
Capri Loans is recognized as a leading NBFC in India, offering secured loan products.
1994capriloans.inMumbai, India
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Investor details for Think9

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Board of directors of Think9 Consumer Technologies Private Limited (Think9)

Think9 Consumer Technologies Private Limited is the primary company behind Think9. The board of Think9 Consumer Technologies Private Limited currently have 3 directors; the longest-serving is Santosh Desai, appointed in 2022. 6 earlier directors have ceased.

DirectorDesignationAppointedTenureEntity
Santosh Desai
DIN 01237902
Whole-time director14 Feb 20224 yrs 8 moThink9 Consumer Technologies Private Limited
Ashni Kishore Biyani
DIN 00058775
Director14 Feb 20224 yrs 8 moThink9 Consumer Technologies Private Limited
Apurva Salarpuria
DIN 00058357
Director30 Nov 20232 yrs 11 moThink9 Consumer Technologies Private Limited

People of Think9

5 people are tracked at Think9 (5 in leadership); the tracked headcount is 65.

NameRoleGroup
Apurva Salarpuria
DirectorLeadership
Avni Kishore Biyani
Co-Founder & DirectorLeadership
Ashni Kishore Biyani
Co-Founder & DirectorLeadership
Shreyansh Modi
Co-FounderLeadership
Santosh Desai
Co-Founder & DirectorLeadership
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Financials of Think9

Figures of Think9 Consumer Technologies Private Limited, the primary company behind Think9, for FY 2025. Revenue was ₹47.19 Cr (+8% year on year). Net loss was -₹41.19 Cr (-87% margin). EBITDA was -₹23.63 Cr (-50% margin). Revenue has grown at a compounded annual rate of +253% over three years.

  • ₹47.19 CrRevenue · FY 2025 · +8% YoY
  • -₹41.19 CrNet loss · -87% margin
  • -₹23.63 CrEBITDA · -50% margin
  • ₹32.5 LakhPaid-up capital
  • 65Employees (provident fund records)
  • +253%Revenue CAGR, 3 years

Balance sheet, profit and loss, cash flow and ratios of Think9 Consumer Technologies Private Limited are on its company page.

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Detailed financial statements for Think9

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Timeline of Think9

4 dated milestones of Think9 across 4 years, from founding to its latest funding, stage changes and deals.

  1. Founded Think9 is founded.
  2. Funding First funding round of $6.6M.
  3. Milestone Reaches Minicorn status.
  4. Funding Latest funding round, Series B, of $3.4M.

Competitors of Think9

Think9 has 3 listed competitors in our database, 3 of them funded. They include Mensa Brands, GOAT Brand Labs and GlobalBees.

Company NameDomainFoundedHQ LocationTotal fundingEmployeesDescription
Mensa Brands
mensabrands.com2021Bengaluru, India$206.9M427
Crafts global health and wellness brands for digital platforms.
GOAT Brand Labs
goatbrandlabs.com2021Bengaluru, India$109M39
Investment and scaling of D2C lifestyle brands are facilitated.
GlobalBees
globalbees.com2021Delhi, India$209.9M219
Direct-to-consumer brands are built and scaled through a technology platform.
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Detailed competitors of Think9

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Web traffic of Think9

The website of Think9 (think9co.in) receives about 5.7K visits a month and ranks #4,485,797 among all websites worldwide, #8,443 in Online Marketing.

  • Monthly visits
    5.7K

    ▲ 27.6% vs previous month

  • Unique visitors
    2.4K

    per month

  • Global rank
    #4,485,797

    among all websites

  • Category rank
    #8,443

    Business and Consumer Services · Online Marketing

Top companies in Brand & Marketing Technology

3 companies that operate in the same segment as Think9 (Brand & Marketing Technology) in India, ranked by their profile score on The Company Check.

CompanyDescriptionFoundedLocationTotal fundingRevenueEmployees
Shiprocket
E-commerce tools for shipping, marketing, and financial services are provided.
2012Gurugram, Haryana, IndiaUSD 321.57 MUSD 135.47 M915
Mensa Brands
Crafts global health and wellness brands for digital platforms.
2021Bengaluru, Karnataka, IndiaUSD 206.9 MUSD 71.62 M427
Bizom
Retail intelligence platform is developed for brands and B2B retailers.
2008Bengaluru, Karnataka, IndiaUSD 21.11 MUSD 7.69 M345
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Related news about Think9

Ranveer Singh Launches SuperYou Protein Brand in Collaboration with Think9
Laffaz • 1 year ago
Nykaa Board appoints Santosh Desai as Independent Director
Businessnewsthisweek • 2 years ago
Think9 Consumer in talks to acquire D2C brands in categories including fashion, beauty
Fashionnetwork • 3 years ago
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Frequently Asked Questions about Think9

Think9 was founded in 2021.

Think9 is headquartered in Mumbai, India. It is registered at Mumbai, Maharashtra, India.

Think9 is a funded company, having raised a total of $16.23M across 6 funding rounds to date. The company's 1st funding round was a Series A of $6.6M, raised on Dec 2021.

Think9 has 65 employees.

The primary company behind Think9, Think9 Consumer Technologies Private Limited, reported revenue of ₹47.19 Cr for FY 2025, up 8% year on year.

Think9 was established in 2021 in Mumbai, India, as a platform for brand co-creation targeted at digital-native consumer brands. Consumer ideas are transformed into authentic, experience-led, and profitable brands through collaboration with entrepreneurs. Services span categories including fashion, beauty, wellness, food, and home décor. Operations are centered in the consumer goods sector, with a focus on experience-driven development.

Think9's top competitors include Mensa Brands, GlobalBees and GOAT Brand Labs.

Think9 has 32 investors. Key investors include Capri Loans, Phoenix Mills, Ananta Capital, Narotam Sekhsaria Family Office, and Suresh Productions.

The valuation of Think9 is $120.06M as of Oct 2023.

Think9 operates through Think9 Consumer Technologies Private Limited.

The legal entities of Think9 currently have 3 directors, including Santosh Desai, Apurva Salarpuria, Ashni Kishore Biyani.

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