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
-
Sectors
Retail
-
Phone
*********
-
Website
*********
-
Social
*********
- Legal Name Oberlo Fashion Technologies Private Limited
- Date of Incorporation 18 Mar, 2021
- Jurisdiction Delhi, Delhi, India
-
Annual Revenue
$237.01 K (USD)0as on Mar 31, 2022
-
Net Profit
$-93.47 K (USD)0as on Mar 31, 2022
-
EBITDA
$-92.97 K (USD)0as on Mar 31, 2022
-
Total Equity Funding
$79.01 K (USD)
in 2 rounds
-
Latest Funding Round
$33.72 K (USD), Seed
Apr 19, 2022
-
Investors
IVY Growth Associates
& 5 more
-
Employee Count
1
as on Mar 31, 2022
Unlock complete access to The Company Check
Get unrestricted viewing across everything we track — from companies and brands to investors, funding rounds, acquisitions, financials, and more.
- Unlimited viewing on all profiles Companies, investors, financials, funding, acquisitions & directors
- Full access to every database India & global coverage, advanced filters and rich profile details
- Always-on access from your team account Single premium plan for everything you see on the portal
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.
- Total Funding Total Funding
- Total Rounds 2
- Last Round Seed — $33,720
-
First Round
First Round
(11 Feb 2022)
- Investors Count 6
| Date | Amount | Transaction Name | Valuation | Lead Investors | Investors |
|---|---|---|---|---|---|
| Apr, 2022 | Amount | Seed - Vasaas | Valuation | Illuminati Clan | |
| Feb, 2022 | Amount | Seed - Vasaas | Valuation | Ekta Jain |
| Date | Amount | Transaction Name | Valuation | Lead Investors | Investors |
|---|---|---|---|---|---|
| Jul, 2021 | Amount | Post-IPO - Grab | Valuation |
investors |
|
| Feb, 2021 | Amount | Post-IPO - Grab | Valuation |
investors |
|
| Jan, 2021 | Amount | Post-IPO - Grab | Valuation |
investors |
|
| Feb, 2021 | Amount | Post-IPO - Grab | Valuation |
investors |
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. 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 |
|---|---|---|---|---|
|
Seed-stage investments are targeted by Illuminati Clan venture capital firm.
|
Founded Year | Domain | Location | |
|
Angel network facilitating startup investments and investor connections in technology and sustainability sectors.
|
Founded Year | Domain | Location | |
|
L
Lokesh |
-
|
Founded Year | Domain | Location |
| Investor | Description | Founded Year | Domain | Location |
|---|---|---|---|---|
|
Single family office of Amitabh Bachchan, founder of Amitabh Bachchan Corporation or AB CORP
|
Founded Year | Domain | Location | |
|
Startup ecosystems are ignited through strategic investments by Signite Partners.
|
Founded Year | Domain | Location | |
|
Venture capital is directed toward companies in multiple sectors.
|
Founded Year | Domain | Location | |
|
Venture capital is invested in cybersecurity, fintech, and AI startups.
|
Founded Year | Domain | Location |
Investments & Acquisitions by Vasaas
| Company Name | Description | Domain | Location | Founded Year | Amount |
|---|---|---|---|---|---|
|
Bionic investment advisor platform
|
2016 | ||||
|
Fine Asian gourmet food is offered by an internet-first restaurant.
|
2016 | ||||
|
Physical e-commerce kiosks are deployed for rural purchases in Indonesia.
|
2014 | ||||
|
Fine Asian gourmet food is offered by an internet-first restaurant.
|
2016 |
Financial Statements - Vasaas
| Date | Amount | Transaction Name | Valuation | Lead Investors | Investors |
|---|---|---|---|---|---|
| Jul, 2021 | Amount | Post-IPO - Grab | Valuation |
investors |
|
| Feb, 2021 | Amount | Post-IPO - Grab | Valuation |
investors |
|
| Jan, 2021 | Amount | Post-IPO - Grab | Valuation |
investors |
|
| Feb, 2021 | Amount | Post-IPO - Grab | Valuation |
investors |
Vasaas Comparisons
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. 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 |
Online platform for ethnic clothing, jewelry, and accessories shopping.
|
|
| domain | founded_year | HQ Location |
Indian ethnic apparel and accessories are sold online via IndianRoots.
|
|
| domain | founded_year | HQ Location |
Manages an e-commerce store offering a diverse range of fashion products across multiple categories.
|
|
| domain | founded_year | HQ Location |
Online retailer for designer dresses, accessories, and home decor items.
|
|
| domain | founded_year | HQ Location |
Multi-category fashion apparel is retailed online, including ethnic wear.
|
| Company Name | Domain | Founded year | HQ Location | Description |
|---|---|---|---|---|
| domain | founded_year | HQ Location |
Multiple services are booked via an app-based platform.
|
|
| domain | founded_year | HQ Location |
On-demand services are booked through an app-based platform.
|
|
| domain | founded_year | HQ Location |
App based platform offering on demand delivery and ride-hailing services
|
|
| domain | founded_year | HQ Location |
Operates an on-demand hyperlocal delivery app for food and groceries.
|
Latest news on Vasaas
Frequently Asked Questions about Vasaas
When was Vasaas founded?
Vasaas was founded in 2020 and raised its 1st funding round 2 years after it was founded.
Where is Vasaas located?
Vasaas is headquartered in Bengaluru, India. It is registered at Bengaluru, Karnataka, India.
Who is the current CEO of Vasaas?
Divyansh Kapoor is the current CEO of Vasaas. They have also founded this company.
Is Vasaas a funded company?
Vasaas is a funded company, having raised a total of $79.01K across 2 funding rounds to date. The company's 1st funding round was a Seed of $45.29K, raised on Feb 11, 2022.
How many employees does Vasaas have?
As of Mar 31, 2022, the latest employee count at Vasaas is 1.
What is the annual revenue of Vasaas?
Annual revenue of Vasaas is $237.01K as on Mar 31, 2022.
What does Vasaas do?
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.
Who are the top competitors of Vasaas?
Vasaas's top competitors include Mirraw, Jivaana and IndianRoots.
Who are Vasaas's investors?
Vasaas has 6 investors. Key investors include IVY Growth Associates, Illuminati Clan, Lokesh, Alka Agrawal, and Gautham Chawla.
What is Vasaas's valuation?
The valuation of Vasaas is $1.34M as of Apr 2022.