About Trust Basket
Trust Basket is a company based in Bengaluru (India) founded in 2014 was acquired by BRND.ME in January 2022. Trust Basket has raised $140.82 thousand across 1 funding round from investors including BRND.ME and Mahesh Shetty. The company has 10 employees as of August 02, 2024. Trust Basket offers products and services including Gardening Kits, Seeds, Fertilizers, Pots and Planters, and Gardening Tools. Trust Basket operates in a competitive market with competitors including Ugaoo, Kyari, Greenkin, Nurturing Green and Green Shelter, among others.
- Headquarter Bengaluru, India
- Employees 10 as on 02 Aug, 2024
- Stage Minicorn
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Sectors
Consumer
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Phone
Locked
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Website
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Social
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- Legal Name Implexians Eco Solutions Private Limited
- Date of Incorporation 18 Apr, 2017
- Jurisdiction Sadar Bazar, Haryana, India
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Annual Revenue
$4.06 M (USD)-2.59as on Mar 31, 2023
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Net Profit
-$810.51 K (USD)-760.92as on Mar 31, 2023
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EBITDA
-$643.62 K (USD)-575.88as on Mar 31, 2023
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Total Equity Funding
$140.82 K (USD)
in 1 rounds
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Latest Funding Round
$140.82 K (USD), Angel Round
Mar 01, 2019
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Investors
BRND.ME
& 1 more
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Employee Count
10
as on Aug 02, 2024
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Acquired by
BRND.ME
(Jan 24, 2022)
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Products & Services of Trust Basket
Trust Basket offers a comprehensive portfolio of products and services, including Gardening Kits, Seeds, Fertilizers, Pots and Planters, and Gardening Tools.
Complete sets for starting home or vegetable gardens.
Variety of vegetable and flower seeds for planting.
Organic fertilizers to promote plant growth and health.
Durable pots for indoor and outdoor plant cultivation.
Essential tools for soil preparation and plant care.
Funding Insights of Trust Basket
Trust Basket has successfully raised a total of $140.82K through 1 strategic funding round. The most recent funding activity was a Angel Round of $140.82 thousand completed in March 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.
Investors in Trust Basket
Trust Basket has secured backing from 2 investors, including angel investors. Prominent investors backing the company include BRND.ME and Mahesh Shetty.
| Investor | Description | Founded Year | Domain | Location |
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MS
Mahesh Shetty |
Angel investor, mentor, and entrepreneur with focus on tech startups in India.
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Influencer-driven branding solutions are provided through an integrated platform.
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Investor details for Trust Basket
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Investments & Acquisitions by Trust Basket
Investment portfolio details for Trust Basket
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Financial Statements - Trust Basket
Detailed financials for Trust Basket
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Trust Basket Comparisons
Peer comparison for Trust Basket
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- Named peers
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Competitors of Trust Basket
Trust Basket 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 Ugaoo, Kyari, Greenkin, Nurturing Green and Green Shelter, among others.
| Company Name | Domain | Founded year | HQ Location | Description |
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| Locked | Locked | Locked |
Online plant nursery and gardening store
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Indoor plants, planters, and plant care solutions are provided.
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Ornamental plants and accessories are offered via an online platform.
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Online retail store offering organic plants
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Garden supplies and accessories are provided via an online platform.
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Detailed competitors of Trust Basket
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Latest news on Trust Basket
Complete news archive for Trust Basket
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Frequently Asked Questions about Trust Basket
Trust Basket was founded in 2014 and raised its 1st funding round 5 years after it was founded.
Trust Basket is headquartered in Bengaluru, India. It is registered at Bengaluru, Karnataka, India.
Trust Basket is a funded company, having raised a total of $140.82K across 1 funding round to date.
As of Aug 02, 2024, the latest employee count at Trust Basket is 10.
Annual revenue of Trust Basket is $4.06M as on Mar 31, 2023.
Online brand of gardening supplies and equipment. It offers a wide selection of products, including pots, planters, soil, fertilizers, seeds, tools, and other gardening accessories. The company caters to both novice and experienced gardeners, providing kits and resources for setting up and maintaining gardens of various sizes and types. It also offers organic options for fertilizers and pest control. The business model focuses on e-commerce, providing convenient online ordering and delivery of gardening products.
Trust Basket offers Gardening Kits, Seeds, Fertilizers, Pots and Planters, and Gardening Tools.
Trust Basket has 2 investors. Key investors include BRND.ME, and Mahesh Shetty.
The valuation of Trust Basket is $2.68M as of Mar 2019.