About Vasaas
Vasaas is a company based in Bengaluru (India) founded in 2020 by Divyansh Kapoor and Himanshu Sharma. It operates as a B2C. Vasaas has raised $79.01 thousand across 2 funding rounds from investors including IVY Growth Associates, Illuminati Clan and Lokesh. The company has 1 employees as of March 31, 2022. Vasaas operates in a competitive market with competitors including Mirraw, IndianRoots, Jivaana, The Secret Label and Indyverse, among others.
- Headquarter Bengaluru, India
- Employees 1 as on 31 Mar, 2022
- Founders Divyansh Kapoor, Himanshu Sharma
- Stage Minicorn
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Sectors
Retail
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Phone
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Website
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Social
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- Legal Name Oberlo Fashion Technologies Private Limited
- Date of Incorporation 18 Mar, 2021
- Jurisdiction Delhi, Delhi, India
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Annual Revenue
$237.01 K (USD)0as on Mar 31, 2022
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Net Profit
-$93.47 K (USD)0as on Mar 31, 2022
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EBITDA
-$92.97 K (USD)0as on Mar 31, 2022
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Total Equity Funding
$79.01 K (USD)
in 2 rounds
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Latest Funding Round
$33.72 K (USD), Seed
Apr 19, 2022
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Investors
IVY Growth Associates
& 5 more
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Employee Count
1
as on Mar 31, 2022
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Funding Insights of Vasaas
Vasaas has successfully raised a total of $79.01K across 2 strategic funding rounds. The most recent funding activity was a Seed round of $33.72 thousand completed in April 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 Vasaas
Vasaas has secured backing from 6 investors, including venture fund and angel investors. Prominent investors backing the company include IVY Growth Associates, Illuminati Clan and Lokesh.
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Seed-stage investments are targeted by Illuminati Clan venture capital firm.
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Angel network facilitating startup investments and investor connections in technology and sustainability sectors.
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Lokesh |
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Investor details for Vasaas
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Investments & Acquisitions by Vasaas
Investment portfolio details for Vasaas
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Financial Statements - Vasaas
Detailed financials for Vasaas
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Vasaas Comparisons
Peer comparison for Vasaas
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Competitors of Vasaas
Vasaas 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 Mirraw, IndianRoots, Jivaana, The Secret Label and Indyverse, among others.
| Company Name | Domain | Founded year | HQ Location | Description |
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Online platform for ethnic clothing, jewelry, and accessories shopping.
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Indian ethnic apparel and accessories are sold online via IndianRoots.
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Manages an e-commerce store offering a diverse range of fashion products across multiple categories.
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Online retailer for designer dresses, accessories, and home decor items.
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Multi-category fashion apparel is retailed online, including ethnic wear.
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Detailed competitors of Vasaas
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Latest news on Vasaas
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Frequently Asked Questions about Vasaas
Vasaas was founded in 2020 and raised its 1st funding round 2 years after it was founded.
Vasaas is headquartered in Bengaluru, India. It is registered at Bengaluru, Karnataka, India.
Divyansh Kapoor is the current CEO of Vasaas. They have also founded this company.
Vasaas is a funded company, having raised a total of $79.01K across 2 funding rounds to date.
As of Mar 31, 2022, the latest employee count at Vasaas is 1.
Annual revenue of Vasaas is $237.01K as on Mar 31, 2022.
Vasaas, based in Bengaluru, focuses on engaging in retail operations, dealing with fashion products, online fashion retail, and womens designer wear. Online platform offering multi-category designer fashion products for women. The company prioritizes operational excellence, innovation, and customer-centric approaches for success.
Vasaas's top competitors include Mirraw, Jivaana and IndianRoots.
Vasaas has 6 investors. Key investors include IVY Growth Associates, Illuminati Clan, Lokesh, Alka Agrawal, and Gautham Chawla.
The valuation of Vasaas is $1.34M as of Apr 2022.