Ugaoo

Pune, India Founded: 2015 • Age: 11 yrs
Online plant nursery and gardening store
Annual revenue $2.9M Latest available
Total funding $8.9M 5 rounds
Employees 53 Tracked headcount
Investors 7 Known backers
Products - Services tracked
Competitors 8 Brand Intelligence

About Ugaoo

Ugaoo is a company based in Pune (India) founded in 2015 by Saurabh Sameer and Siddhant Bhalinge. Ugaoo has raised $8.95 million across 5 funding rounds from investors including Cropnosys India, Alteria Capital and DSG Consumer Partners. The company has 53 employees as of March 30, 2024. Ugaoo operates in a competitive market with competitors including Kyari, Trust Basket, Greenkin, Nuvedo and Nurturing Green, among others.

  • Headquarter Pune, India
  • Employees 53 as on 30 Mar, 2024
  • Founders Saurabh Sameer, Siddhant Bhalinge
  • Stage Minicorn
  • Sectors
    Agriculture
    Consumer
  • Email
    Locked
  • Phone
    Locked
  • Website
    Locked
  • Social
    Locked
  • Legal Name Ugaoo Agritech Private Limited
  • Date of Incorporation 26 Mar, 2018
  • Jurisdiction Mumbai, Maharashtra, India
Operational Areas
Agriculture → Agricultural Technology & Innovation Unlock Sub-Sector Unlock Segment
Consumer → Beauty, Personal & Household Care Unlock Sub-Sector Unlock Segment
Consumer → Beauty, Personal & Household Care Unlock Sub-Sector Unlock Segment
Key Metrics
  • Annual Revenue
    $2.9 M (USD)
    3.54
    as on Mar 31, 2023
  • Net Profit
    -$843.18 K (USD)
    -43.79
    as on Mar 31, 2023
  • EBITDA
    -$727.23 K (USD)
    -84.77
    as on Mar 31, 2023
  • Total Equity Funding
    $8.95 M (USD)

    in 5 rounds

  • Latest Funding Round
    $5.6 M (USD), Series A

    Oct 09, 2024

  • Investors
  • Employee Count
    53

    as on Mar 30, 2024

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People of Ugaoo

Headcount 10-50
Employee Profiles 27
Employee Profiles
People
Siddhant Bhalinge
Founder & CEO
People
Deepa Damodaran
Assistant Manager, Customer Delight
People
Venkesh Pathak
Executive Business Development
People
Abhijit Thakur
QA Analyst & Escalation Lead

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Funding Insights of Ugaoo

Ugaoo has successfully raised a total of $8.95M across 5 strategic funding rounds. The most recent funding activity was a Series A round of $5.6 million completed in October 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.

Investors in Ugaoo

Ugaoo has secured backing from 7 investors, including venture fund and institutional investors. Prominent investors backing the company include Cropnosys India, Alteria Capital and DSG Consumer Partners.

All
Venture Fund
Institutional
Investor Description Founded Year Domain Location
Investing in and supporting insurgent consumer brands in India and Southeast Asia.
Locked Locked Locked
RPG Ventures is focused on incubating and investing in new businesses.
Locked Locked Locked
Investments are directed by V3 Ventures toward early-stage consumer startups.
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Investor details for Ugaoo

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Investments & Acquisitions by Ugaoo

Investments
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Investment portfolio details for Ugaoo

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Financial Statements - Ugaoo

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Detailed financials for Ugaoo

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Ugaoo Comparisons

Ugaoo Primary company
Description
Online plant nursery and gardening store
Location
Pune, India
Founded Year
2015
Annual Revenue
$2.9 M (USD)
Net Profit
-$843.18 K (USD)
EBITDA
-$727.23 K (USD)
Employees
53
As of 2024
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Peer comparison for Ugaoo

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Competitors of Ugaoo

Ugaoo 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 Kyari, Trust Basket, Greenkin, Nuvedo and Nurturing Green, among others.

Company Name Domain Founded year HQ Location Description
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Indoor plants, planters, and plant care solutions are provided.
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Gardening supplies and equipment are sold online by Trust Basket.
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Ornamental plants and accessories are offered via an online platform.
Locked Locked Locked
Internet first brand of mushroom growing kit
Locked Locked Locked
Online retail store offering organic plants
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Detailed competitors of Ugaoo

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Latest news on Ugaoo

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Complete news archive for Ugaoo

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Frequently Asked Questions about Ugaoo

Ugaoo was founded in 2015 and raised its 1st funding round 1 year after it was founded.

Ugaoo is headquartered in Pune, India. It is registered at Pune, Maharashtra, India.

Siddhant Bhalinge is the current CEO of Ugaoo. They have also founded this company.

Ugaoo is a funded company, having raised a total of $8.95M across 5 funding rounds to date.

As of Mar 30, 2024, the latest employee count at Ugaoo is 53.

Annual revenue of Ugaoo is $2.9M as on Mar 31, 2023.

Ugaoo was founded in 2015 in Pune, India, as an online platform in the gardening sector. Indoor and outdoor plants, seeds, and various gardening supplies are provided to urban residents and farmers. Educational resources, including blogs and social media content, are shared to assist customers in gardening decisions. Operations focus on e-commerce delivery within India.

Ugaoo's top competitors include Trust Basket, Kyari and Greenkin.

Ugaoo has 7 investors. Key investors include Cropnosys India, Alteria Capital, DSG Consumer Partners, RPG Ventures, and V3 Ventures.

The valuation of Ugaoo is $35.75M as of Oct 2024.

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