About TRASE
TRASE is a company based in India founded in 2015 by Dhruv G and Jitin Goel.. TRASE has raised $500 thousand across 2 funding rounds from investors including UpScalio, Deep Bajaj and Mohit Bajaj. TRASE offers products and services including Heels, Sandals, Orthopaedic Shoes, Wedges, and Flats. TRASE operates in a competitive market with competitors including FeetMitra, Supad, Wearwize, Wolverine Minerals and Firkyfashions, among others.
- Headquarter India
- Founders Dhruv G, Jitin Goel
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Sectors
Retail
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Phone
*********
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Website
*********
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Social
*********
- Legal Name Joyford Retail Ventures Private Limited
- Jurisdiction Delhi, Delhi, India
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Annual Revenue
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Net Profit
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EBITDA
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Total Equity Funding
$500 K (USD)
in 2 rounds
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Latest Funding Round
$500 K (USD), Angel Round
Apr 16, 2024
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Investors
UpScalio
& 5 more
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Employee Count
Employee Count
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Products & Services of TRASE
TRASE offers a comprehensive portfolio of products and services, including Heels, Sandals, Orthopaedic Shoes, Wedges, and Flats. 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.
Stylish heels with comfort features for everyday wear
Comfortable sandals designed for casual and outdoor use
Supportive shoes for health-focused daily activities
Elevated wedges offering stability and style options
Versatile flats for comfortable all-day walking
Funding Insights of TRASE
TRASE has successfully raised a total of $500K across 2 strategic funding rounds. The most recent funding activity was a Angel Round round of $500 thousand completed in April 2024. 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 2
- Last Round Angel Round — $500,000
- First Round First Round
- Investors Count 6
| Date | Amount | Transaction Name | Valuation | Lead Investors | Investors |
|---|---|---|---|---|---|
| Apr, 2024 | Amount | Angel Round - TRASE | Valuation |
investors |
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| Oct, 2021 | Amount | Seed - TRASE | Valuation |
investors |
| Date | Amount | Transaction Name | Valuation | Lead Investors | Investors |
|---|---|---|---|---|---|
| Jul, 2021 | Amount | Post-IPO - Grab | Valuation |
investors |
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| Feb, 2021 | Amount | Post-IPO - Grab | Valuation |
investors |
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| Jan, 2021 | Amount | Post-IPO - Grab | Valuation |
investors |
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| Feb, 2021 | Amount | Post-IPO - Grab | Valuation |
investors |
Investors in TRASE
TRASE has secured backing from 6 investors, including angel and institutional investors. Prominent investors backing the company include UpScalio, Deep Bajaj and Mohit Bajaj. 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 |
|---|---|---|---|---|
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E-commerce brands are acquired, invested in, and optimized by UpScalio.
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Founded Year | Domain | Location | |
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DB
Deep Bajaj |
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Founded Year | Domain | Location |
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MB
Mohit Bajaj |
Angel investor and entrepreneur, focused on tech startups in India.
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Founded Year | Domain | Location |
| Investor | Description | Founded Year | Domain | Location |
|---|---|---|---|---|
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Single family office of Amitabh Bachchan, founder of Amitabh Bachchan Corporation or AB CORP
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Founded Year | Domain | Location | |
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Startup ecosystems are ignited through strategic investments by Signite Partners.
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Founded Year | Domain | Location | |
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Venture capital is directed toward companies in multiple sectors.
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Founded Year | Domain | Location | |
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Venture capital is invested in cybersecurity, fintech, and AI startups.
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Founded Year | Domain | Location |
Investments & Acquisitions by TRASE
| Company Name | Description | Domain | Location | Founded Year | Amount |
|---|---|---|---|---|---|
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Bionic investment advisor platform
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2016 | ||||
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Fine Asian gourmet food is offered by an internet-first restaurant.
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2016 | ||||
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Physical e-commerce kiosks are deployed for rural purchases in Indonesia.
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2014 | ||||
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Fine Asian gourmet food is offered by an internet-first restaurant.
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2016 |
Financial Statements - TRASE
| Date | Amount | Transaction Name | Valuation | Lead Investors | Investors |
|---|---|---|---|---|---|
| Jul, 2021 | Amount | Post-IPO - Grab | Valuation |
investors |
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| Feb, 2021 | Amount | Post-IPO - Grab | Valuation |
investors |
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| Jan, 2021 | Amount | Post-IPO - Grab | Valuation |
investors |
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| Feb, 2021 | Amount | Post-IPO - Grab | Valuation |
investors |
Trase Comparisons
Competitors of TRASE
TRASE 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 FeetMitra, Supad, Wearwize, Wolverine Minerals and Firkyfashions, 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 |
Operates an e-commerce store specializing in multi-category footwear.
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| domain | founded_year | HQ Location |
Orthopedic medical footwear is retailed online for foot conditions.
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| domain | founded_year | HQ Location |
Operates an online retail platform for casual footwear for men and women.
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| domain | founded_year | HQ Location |
Manages an e-commerce store specializing in footwear products.
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| domain | founded_year | HQ Location |
An online platform offering fashionable footwear for men and women.
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| Company Name | Domain | Founded year | HQ Location | Description |
|---|---|---|---|---|
| domain | founded_year | HQ Location |
Multiple services are booked via an app-based platform.
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| domain | founded_year | HQ Location |
On-demand services are booked through an app-based platform.
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| domain | founded_year | HQ Location |
App based platform offering on demand delivery and ride-hailing services
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| domain | founded_year | HQ Location |
Operates an on-demand hyperlocal delivery app for food and groceries.
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Latest news on Trase
Frequently Asked Questions about TRASE
When was TRASE founded?
TRASE was founded in 2015 and raised its 1st funding round 6 years after it was founded.
Where is TRASE located?
TRASE is headquartered in India.
Is TRASE a funded company?
TRASE is a funded company, having raised a total of $500K across 2 funding rounds to date.
What does TRASE do?
TRASE was founded in 2015 and operates as an online retailer in the footwear sector from India. A catalog of products including sneakers, flat sandals, heels, ballerinas, and wedges is maintained for men and women. The platform focuses on e-commerce distribution within the Indian market, with co-founders Dhruv G and Jitin Goel leading operations.
Who are the top competitors of TRASE?
What products or services does TRASE offer?
TRASE offers Heels, Sandals, Orthopaedic Shoes, Wedges, and Flats.
Who are TRASE's investors?
TRASE has 6 investors. Key investors include UpScalio, Deep Bajaj, Mohit Bajaj, Shiven Malhotra, and Vikas Gautam.