About Vaaree
Vaaree is a company based in Bengaluru (India) founded in 2022 by Garima Luthra, Pranav Arora, and Varun Vohra.. Vaaree has raised $13.03 million across 5 funding rounds from investors including Angel List, Sugar Cosmetics and Peak XV Partners. The company has 42 employees as of March 31, 2024. Vaaree offers products and services including Bedding Decor, Kitchen Decor, Dining Decor, Bath Decor, and Garden Decor. Vaaree operates in a competitive market with competitors including Home Centre, Dusaan, FabFurnish, Creaticity and Sage Living, among others.
- Headquarter Bengaluru, India
- Employees 42 as on 31 Mar, 2024
- Founders Garima Luthra, Pranav Arora, Varun Vohra
- Stage Minicorn
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Sectors
Consumer
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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 House Of Vaaree Private Limited
- Date of Incorporation 20 Jan, 2022
- Jurisdiction Bangalore South, Karnataka, India
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Annual Revenue
$252.52 K (USD)0as on Mar 31, 2023
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Net Profit
$-420.86 K (USD)-2818.05as on Mar 31, 2023
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EBITDA
$-441.54 K (USD)-2993.64as on Mar 31, 2023
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Total Equity Funding
$13.03 M (USD)
in 5 rounds
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Latest Funding Round
$2 M (USD), Seed
Jul 12, 2025
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Investors
Angel List
& 34 more
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Employee Count
42
as on Mar 31, 2024
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Products & Services of Vaaree
Vaaree offers a comprehensive portfolio of products and services, including Bedding Decor, Kitchen Decor, Dining Decor, Bath Decor, and Garden Decor. 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.
Online platform for purchasing bedding items like sheets and covers
Products for storage, cookware, and kitchen tools online
Items like mugs, bowls, and dinner sets for online shopping
Essentials including towels and soap dispensers online
Items such as pots and planters for online purchase
Funding Insights of Vaaree
Vaaree has successfully raised a total of $13.03M across 5 strategic funding rounds. The most recent funding activity was a Seed round of $2 million completed in July 2025. 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 5
- Last Round Seed — $2.0M
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First Round
First Round
(03 Mar 2022)
- Investors Count 35
| Date | Amount | Transaction Name | Valuation | Lead Investors | Investors |
|---|---|---|---|---|---|
| Jul, 2025 | Amount | Seed - Vaaree | Valuation |
investors |
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| Apr, 2024 | Amount | Seed - Vaaree | Valuation | Capier Investments | |
| Nov, 2023 | Amount | Seed - Vaaree | Valuation | Surge |
| 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 Vaaree
Vaaree has secured backing from 35 investors, including venture fund, institutional, and angel investors. Prominent investors backing the company include Angel List, Sugar Cosmetics and Peak XV Partners. 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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Acceleration is provided to startups across multiple sectors by Surge.
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Founded Year | Domain | Location | |
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Venture capital firm investing in seed to Series A startups across FinTech, Health-Tech, and other tech sectors, based in India.
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Founded Year | Domain | Location | |
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Venture capital investments and community support for Indian startups.
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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 Vaaree
| 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 - Vaaree
| 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 |
Vaaree Comparisons
Competitors of Vaaree
Vaaree 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 Home Centre, Dusaan, FabFurnish, Creaticity and Sage Living, 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 |
Retails a variety of high-quality home furnishing products for modern living.
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| domain | founded_year | HQ Location |
Online retailer of home decor and furnishing products
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| domain | founded_year | HQ Location |
Online/Offline Furniture Shopping
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| domain | founded_year | HQ Location |
Online and physical retail of furniture, home decor, and design services for consumers.
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| domain | founded_year | HQ Location |
Multi-category home improvement products are retailed online.
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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 Vaaree
Frequently Asked Questions about Vaaree
When was Vaaree founded?
Vaaree was founded in 2022.
Where is Vaaree located?
Vaaree is headquartered in Bengaluru, India. It is registered at Bengaluru, Karnataka, India.
Who is the current CEO of Vaaree?
Garima Luthra is the current CEO of Vaaree. They have also founded this company.
Is Vaaree a funded company?
Vaaree is a funded company, having raised a total of $13.03M across 5 funding rounds to date. The company's 1st funding round was a Seed of $4M, raised on Mar 03, 2022.
How many employees does Vaaree have?
As of Mar 31, 2024, the latest employee count at Vaaree is 42.
What is the annual revenue of Vaaree?
Annual revenue of Vaaree is $252.52K as on Mar 31, 2023.
What does Vaaree do?
Vaaree was founded in 2022 in Bengaluru, India, as an e-commerce platform focused on home improvement. A diverse product catalog is maintained, encompassing kitchen items, decor, furniture, home textiles, and garden accessories such as pots, seeds, plants, and tools. Operations center on facilitating online access to these categories for consumers in the home sector.
Who are the top competitors of Vaaree?
Vaaree's top competitors include Home Centre, Dusaan and FabFurnish.
What products or services does Vaaree offer?
Vaaree offers Bedding Decor, Kitchen Decor, Dining Decor, Bath Decor, and Garden Decor.
Who are Vaaree's investors?
Vaaree has 35 investors. Key investors include Angel List, Sugar Cosmetics, Peak XV Partners, All In Capital, and Vistra ITCL.
What is Vaaree's valuation?
The valuation of Vaaree is $18.79M as of Jan 2023.