ThriveCo

Bengaluru, India Founded: 2018 • Age: 8 yrs Minicorn
Beauty care products are retailed by ThriveCo in India.

About ThriveCo

ThriveCo is a company based in Bengaluru (India) founded in 2018 by Vivek Singh and Saurav Patnaik. ThriveCo has raised $1.46 million across 4 funding rounds from investors including Rukam Capital, Sachin Uppal and Vineet Singh. The company has 100 employees. ThriveCo operates in a competitive market with competitors including Mamaearth, MyGlamm, Minimalist, Plum and WOW Skin Science, among others.

  • Headquarter Bengaluru, India
  • Employees 100
  • Founders Vivek Singh, Saurav Patnaik
  • Stage Minicorn
  • Sectors
    Consumer
  • Website category Lifestyle · Beauty and Cosmetics
  • Email
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  • Phone
    β€’β€’β€’β€’ β€’β€’β€’β€’
  • Website thriveco.in
  • Social X Facebook Instagram
  • Legal Name Anveya Living Private Limited
  • Date of Incorporation 22 Jun, 2018
  • Jurisdiction Bengaluru, Karnataka, India
Key Metrics
  • Annual Revenue
    ₹70.87 Cr

    FY 2025 · -16% YoY

  • Net Loss
    -₹14.19 Cr

    FY 2025 · -20% margin

  • EBITDA
    -₹14.03 Cr

    FY 2025 · -20% margin

  • Total Equity Funding
    $1.46M (USD)

    in 4 rounds

  • Investors
  • Employee Count
    100

Apps and channels of ThriveCo

ThriveCo publishes 2 mobile apps with over 10K+ downloads.

ThriveCo:Hair & Skin Solutions
Google Play Shopping Everyone Free
Developer: Anveya Living Private Limited
View on Google Play
ThriveCo
App Store Shopping 4+
Developer: ANVEYA LIVING PRIVATE LIMITED
View on App Store

Funding Insights of ThriveCo

ThriveCo has successfully raised a total of $1.46M across 4 strategic funding rounds. 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 $1.46M
  • Total Rounds 4
  • First Round $140,760

    (Oct 2019)

  • Investors Count 36

All 4 funding rounds of ThriveCo with amounts and investors; the two latest post-money valuations are shown, the rest are part of the premium plan.

DateAmountTransaction NameValuationLead InvestorsInvestors
Jun 2024–Seed––
–
Dec 2021$1.05MSeed$10.49MRukam Capital
–
Apr 2021$271,525Angel Round$6.6MArjun Biren Vaidya, Atul Arun
Oct 2019$140,760Angel Round$β€’β€’β€’β€’β€’Sachin Uppal, Vineet Singh
–
Valuation history
DateValuationStage
Dec 2021$10.49Mβ€’β€’β€’β€’β€’β€’β€’β€’
Apr 2021$6.6Mβ€’β€’β€’β€’β€’β€’β€’β€’
Oct 2019$β€’β€’β€’β€’β€’β€’β€’β€’β€’β€’β€’β€’β€’
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Full valuation and stage history of ThriveCo

Every valuation point, the growth-stage changes (minicorn, soonicorn, unicorn) and the dates behind them require an active premium plan.

  • All valuation points
  • Stage changes
  • Dates
  • Exports

Verified entity values are shown only after access is granted.

Last known valuation $10.49M (Dec 2021). 36 investors in total: 1 institutional and 35 angel.

Investors in ThriveCo

ThriveCo has secured backing from 36 investors, including venture fund and angel investors. Prominent investors backing the company include Rukam Capital, Sachin Uppal and Vineet Singh.

All
Venture Fund
Angel
InvestorDescriptionFounded YearDomainLocation
Early-stage investment in consumer brands, focusing on bold ideas and founders.
2019rukamcapital.comDelhi, India

Sachin Uppal

Angel investor, ex-CMO of Ola, focused on consumer tech startups
–unknown_9a5670444c984c37b-

Vineet Singh

Co-founder of BuildSchool, active angel investor in edtech and tech startups
–unknown_6acbb8cac71343b29-

Abhineet Sonkar

-
–unknown_cd51772efc5a40dbb-

Amit Garg

-
–unknown_4eedae4aaa3e4b4aa-

Anirudh Chaturvedi

Angel investor and entrepreneur, focused on tech startups in India.
–unknown_a1e76ee8b89b4deba-

Anupam Dixit

-
–unknown_062c1ddf1c32427ba-

Archana Aggarwal

-
–unknown_517f8737d89348df8-

Archit Gupta

Founder of ClearTax, prominent angel investor in Indian startups
–unknown_81848c5df33e43068-

Falguni Kamalnayan Patel

-
–unknown_2e46e283fd764f128-
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Investor details for ThriveCo

The complete investor list, round-by-round participation and investor portfolios require an active premium plan.

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Verified entity values are shown only after access is granted.

Board of directors of Anveya Living Private Limited (ThriveCo)

Anveya Living Private Limited is the primary company behind ThriveCo. The board of Anveya Living Private Limited currently have 5 directors; the longest-serving is Saurav Patnaik, appointed in 2018. 4 earlier directors have ceased.

DirectorDesignationAppointedTenureEntity
Saurav Patnaik
DIN 03213341
Director22 Jun 20188 yrs 3 moAnveya Living Private Limited
Vivek Singh
DIN 07782632
Director22 Jun 20188 yrs 3 moAnveya Living Private Limited
Jinay Bharat Jain
DIN 10209686
Director23 Apr 20242 yrs 5 moAnveya Living Private Limited
Ashutosh Taparia
DIN 00178771
Director23 Apr 20242 yrs 5 moAnveya Living Private Limited
Durgesh Sahay
DIN 10503876
Director01 Jul 20251 yr 3 moAnveya Living Private Limited

People of ThriveCo

2 people are tracked at ThriveCo (2 in leadership); the tracked headcount is 100.

NameRoleGroup
Co-Founder & CEOLeadership
Co-FounderLeadership
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Complete people profiles for ThriveCo

Full employee and board profiles, team structure, tenure and professional contact details require an active premium plan.

  • Full employee list
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Verified entity values are shown only after access is granted.

Financials of ThriveCo

Figures of Anveya Living Private Limited, the primary company behind ThriveCo, for FY 2025. Revenue was ₹70.87 Cr (-16% year on year). Net loss was -₹14.19 Cr (-20% margin). EBITDA was -₹14.03 Cr (-20% margin). Revenue has grown at a compounded annual rate of +83% over three years and +117% over five years.

  • ₹70.87 CrRevenue · FY 2025 · -16% YoY
  • -₹14.19 CrNet loss · -20% margin
  • -₹14.03 CrEBITDA · -20% margin
  • ₹1.7 LakhPaid-up capital
  • 100Employees (provident fund records)
  • +83%Revenue CAGR, 3 years
  • +117%Revenue CAGR, 5 years

Balance sheet, profit and loss, cash flow and ratios of Anveya Living Private Limited are on its company page.

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Detailed financial statements for ThriveCo

Statement rows, ratios, five-year trends and downloadable financials of the group companies require an active premium plan.

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  • Downloads

Verified entity values are shown only after access is granted.

Timeline of ThriveCo

4 dated milestones of ThriveCo across 6 years, from founding to its latest funding, stage changes and deals.

  1. Founded ThriveCo is founded.
  2. Funding First funding round of $141K.
  3. Milestone Reaches Minicorn status.
  4. Funding Latest funding round, Seed,.

Competitors of ThriveCo

ThriveCo 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 Mamaearth, MyGlamm, Minimalist, Plum and WOW Skin Science, among others.

Company NameDomainFoundedHQ LocationTotal fundingEmployeesDescription
mamaearth.in2016Gurugram, India$89.36M1,900
Online brand offering multi-category natural skin care and makeup products
myglamm.com2015Mumbai, India$105.68M411
Online platform selling beauty products, makeup, skincare, and cosmetics in India.
beminimalist.co2018Jaipur, India$17.02M545
Manufacturer of skincare, haircare, and baby care products addressing various skin and hair concerns
plumgoodness.com2013Thane, India$103.79M293
Vegan skincare, haircare, and body care products are provided.
buywow.in2014Bengaluru, India$98M100
Organic beauty products are offered by an internet-first brand.
thedeconstruct.in2020Bengaluru, India$10.35M63
Multi-category skincare products are offered through an online platform.
juicychemistry.com2014Coimbatore, India$7.56M52
Natural skin and hair care products are sold online.
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Detailed competitors of ThriveCo

The full competitor set, operating metrics and side-by-side benchmarks require an active premium plan.

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Verified entity values are shown only after access is granted.

Web traffic of ThriveCo

The website of ThriveCo (thriveco.in) receives about 483.2K visits a month and ranks #79,857 among all websites worldwide, #3,987 in Beauty and Cosmetics.

  • Monthly visits
    483.2K

    ▼ 27.9% vs previous month

  • Unique visitors
    317.6K

    per month

  • Global rank
    #79,857

    among all websites

  • Category rank
    #3,987

    Lifestyle · Beauty and Cosmetics

Similar websites

Websites whose visitors overlap most with ThriveCo. Affinity shows how closely the audiences match.

WebsiteDomainAudience affinityMonthly visitsGlobal rankProfile
buddhanatural.com
100%
–#354,735View details
discoverpilgrim.com
99%
4.3M#11,348View details
curlvana.in
97%
–#1,993,449View details
arata.in
96%
444.7K#128,272View details
soulflower.in
95%
209.3K#134,973View details
β€’β€’β€’β€’β€’β€’β€’β€’β€’β€’β€’β€’β€’β€’β€’β€’.comβ€’β€’%β€’.β€’M#‒‒‒‒‒–
β€’β€’β€’β€’β€’β€’β€’β€’β€’β€’β€’β€’β€’β€’β€’β€’.comβ€’β€’%β€’.β€’M#‒‒‒‒‒–
β€’β€’β€’β€’β€’β€’β€’β€’β€’β€’β€’β€’β€’β€’β€’β€’.comβ€’β€’%β€’.β€’M#‒‒‒‒‒–
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All 40 similar websites and full traffic analytics for ThriveCo

The complete similar-websites list, audience overlap and engagement analytics require an active premium plan.

  • 40 similar websites
  • Audience overlap
  • Engagement analytics
  • Traffic by brand

Verified entity values are shown only after access is granted.

Latest news on Thriveco

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Complete news archive for ThriveCo

Full article history, source details, and older brand coverage require an active premium plan.

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Verified entity values are shown only after access is granted.

Similar companies to ThriveCo

10 companies that operate in the same segment as ThriveCo (Beauty & Personal Care Products), ranked by their profile score on The Company Check.

CompanyDescriptionFoundedLocationTotal fundingRevenueEmployees
Online platform offering a wide range of baby, kids, and maternity products
2010Pune, Maharashtra, IndiaUSD 513.39 MUSD 911.07 M6,330
3M is recognized as a global leader in industrial innovation.
1902United States–USD 24.95 B74
Provider of FMCG conglomerate products
1837United States–USD 457.23 M923
Subscription-based men's grooming products are provided by Harry's.
2012New York, New York, United StatesUSD 755.88 M–431
Baby products from multiple retailers are aggregated and browsed online.
2011Oakland, California, United StatesUSD 40.67 M––
Online platform for preschool management and parent updates is offered.
2014San Francisco, California, United StatesUSD 88.8 M––
Internet first brand offering wearable breast pumps
2013London, England, United KingdomUSD 157.63 M––
Online brand offering mens grooming products
2015Gurugram, Haryana, IndiaUSD 52.66 M––
Retailer of perfumes, cosmetics, skincare, and related gift set items
2012Gurugram, Haryana, IndiaUSD 58.54 M––
Platform offering multi-category natural beauty care products
2019Mumbai, Maharashtra, IndiaUSD 46.98 MUSD 9.25 M94
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Frequently Asked Questions about ThriveCo

ThriveCo was founded in 2018 and raised its 1st funding round 1 year after it was founded.

ThriveCo is headquartered in Bengaluru, India. It is registered at Bengaluru, Karnataka, India.

Vivek Singh is the current CEO of ThriveCo. They have also founded this company.

ThriveCo is a funded company, having raised a total of $1.46M across 4 funding rounds to date. The company's 1st funding round was a Angel Round of $140.76K, raised on Oct 2019.

ThriveCo has 100 employees.

The primary company behind ThriveCo, Anveya Living Private Limited, reported revenue of β‚Ή70.87 Cr for FY 2025, down 16% year on year.

ThriveCo was founded in 2018 in Bengaluru, India, as a retailer in the beauty care sector. Products are offered through an online platform accessible via thriveco.in. Operations focus on direct-to-consumer sales of beauty and personal care items. The company is led by co-founders Vivek Singh as CEO and Saurav Patnaik. Activities are centered in the Indian market, with emphasis on accessible retail services.

ThriveCo's top competitors include MyGlamm, Mamaearth and Deconstruct.

ThriveCo has 36 investors. Key investors include Rukam Capital, Sachin Uppal, Vineet Singh, Abhineet Sonkar, and Amit Garg.

The valuation of ThriveCo is $10.49M as of Dec 2021.

ThriveCo operates through Anveya Living Private Limited.

The legal entities of ThriveCo currently have 5 directors, including Saurav Patnaik, Durgesh Sahay, Vivek Singh and others.

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