About Toqn
Toqn is a company based in Bengaluru (India) founded in 2019 by Dhanush Samdaria M, Nishtashri Srinivasan, Vishwas Jain, and Divya Jain. Toqn has raised $256.31 thousand across 1 funding round from investors including Love Mehta, Pramod Inderchand and Namrata. Toqn operates in a competitive market with competitors including Chateauvince Solitaires, Ornaz, Gehna, Keana Eco-diamonds and Rossia Jewel, among others.
- Headquarter Bengaluru, India
- Founders Dhanush Samdaria M, Nishtashri Srinivasan, Vishwas Jain, Divya Jain
- 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 Coinedge International Private Limited
- Date of Incorporation 11 Jul, 2019
- Jurisdiction Bangalore, Karnataka, India
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Annual Revenue
$22.2 K (USD)1708.81as on Mar 31, 2022
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Net Profit
-$13.98 K (USD)-294.54as on Mar 31, 2022
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EBITDA
-$9.56 K (USD)-264.05as on Mar 31, 2022
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Total Equity Funding
$256.31 K (USD)
in 1 rounds
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Latest Funding Round
$256.31 K (USD), Angel Round
Jun 16, 2022
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Investors
& 7 more
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Employee Count
Not available
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Funding Insights of Toqn
Toqn has successfully raised a total of $256.31K through 1 strategic funding round. The most recent funding activity was a Angel Round of $256.31 thousand completed in June 2022. 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 Toqn
Toqn has secured backing from 8 investors, including angel investors. Prominent investors backing the company include Love Mehta, Pramod Inderchand and Namrata.
| Investor | Description | Founded Year | Domain | Location |
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Love Mehta |
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Pramod Inderchand |
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Namrata |
Angel investor, ex-MD at Deutsche Bank, focused on fintech and startups
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Investor details for Toqn
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Investments & Acquisitions by Toqn
Investment portfolio details for Toqn
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Financial Statements - Toqn
Detailed financials for Toqn
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Toqn Comparisons
Peer comparison for Toqn
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Competitors of Toqn
Toqn 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 Chateauvince Solitaires, Ornaz, Gehna, Keana Eco-diamonds and Rossia Jewel, among others.
| Company Name | Domain | Founded year | HQ Location | Description |
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Offers custom designer jewelry including rings, earrings, and pendants for individual clients.
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Gold and diamond jewellery is retailed online by Ornaz.
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Sells personalized handmade jewelry online and in physical stores.
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Sells sustainable gemstone jewelry online with free shipping and easy returns.
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Rossia Jewel is a direct-to-consumer brand offering customized, handcrafted precious jewelry.
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Detailed competitors of Toqn
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Latest news on Toqn
Complete news archive for Toqn
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Frequently Asked Questions about Toqn
Toqn was founded in 2019 and raised its 1st funding round 3 years after it was founded.
Toqn is headquartered in Bengaluru, India. It is registered at Bengaluru, Karnataka, India.
Divya Jain is the current CEO of Toqn. They have also founded this company.
Toqn is a funded company, having raised a total of $256.31K across 1 funding round to date.
Annual revenue of Toqn is $22.2K as on Mar 31, 2022.
Toqn was established in 2019 in Bengaluru, India, as an e-commerce platform in the jewelry sector. Products including rings, necklaces, bracelets, and earrings are produced to order. Customization is facilitated through selections of materials, engravings, and design elements. These items are designed for personal use, gifting, and events, with operations centered on online accessibility for customers.
Toqn's top competitors include Ornaz, Chateauvince Solitaires and Keana Eco-diamonds.
Toqn has 8 investors. Key investors include Love Mehta, Pramod Inderchand, Namrata, Ashok Kumar Pitaliya, and Payal V Jain.
The valuation of Toqn is $4.31M as of Jun 2022.