About Vedix
Vedix is a company based in Hyderabad (India) founded in 2017 by Chaitanya Nallan, Veerendra Shivhare, and Sangram Simha.. The company has 118 employees as of April 03, 2024. Vedix offers products and services including Custom Hair Oil, Hair Growth Serum, Anti-Hair Fall Shampoo, Face Cleanser, and Hydrating Moisturizer. Vedix operates in a competitive market with competitors including The Ayurveda Experience, Asta Berry Biosciences, Just Herbs, The Ayurveda and Blue Nectar, among others.
- Headquarter Hyderabad, India
- Employees 118 as on 03 Apr, 2024
- Founders Chaitanya Nallan, Veerendra Shivhare, Sangram Simha
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Sectors
ConsumerHealthcare
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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 Incnut Lifestyle Retail Pvt. Ltd.
- Jurisdiction Hyderabad, Telangana, India
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Annual Revenue
$19.84 M (USD)175.72as on Mar 31, 2021
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Net Profit
$-1.63 M (USD)-1245.22as on Mar 31, 2021
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EBITDA
$-1.62 M (USD)-1084.96as on Mar 31, 2021
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Latest Funding Round
- Investors
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Employee Count
118
as on Apr 03, 2024
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Products & Services of Vedix
Vedix offers a comprehensive portfolio of products and services, including Custom Hair Oil, Hair Growth Serum, Anti-Hair Fall Shampoo, Face Cleanser, and Hydrating Moisturizer. 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.
Oil tailored to alleviate hair issues based on Doshas.
Serum promotes hair growth and strengthens follicles.
Shampoo cleanses scalp without harmful chemicals.
Cleanser removes impurities and balances skin pH.
Moisturizer maintains skin hydration and barrier.
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Software Development Team
8 people
Co Team
2 people
Leadership Team
1 people
Product Management Team
1 people
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Funding Insights of Vedix
- Total Funding Total Funding
- Total Rounds 1
- Last Round Last Round
- First Round First Round
- Investors Count 1
| Date | Amount | Transaction Name | Valuation | Lead Investors | Investors |
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| Jul, 2020 | Amount | Series A - Vedix | Valuation | RPSG Capital Ventures |
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| Date | Amount | Transaction Name | Valuation | Lead Investors | Investors |
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| 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 |
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Investors in Vedix
Vedix has secured backing from 1 investor, including venture fund investors. Prominent investors backing the company include RPSG Capital Ventures. 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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Potato farming, grain marketing, and equipment services in Maine.
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Single family office of Amitabh Bachchan, founder of Amitabh Bachchan Corporation or AB CORP
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Startup ecosystems are ignited through strategic investments by Signite Partners.
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Venture capital is directed toward companies in multiple sectors.
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Venture capital is invested in cybersecurity, fintech, and AI startups.
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Investments & Acquisitions by Vedix
| 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 - Vedix
| Date | Amount | Transaction Name | Valuation | Lead Investors | Investors |
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| 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 |
Vedix Comparisons
Competitors of Vedix
Vedix 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 The Ayurveda Experience, Asta Berry Biosciences, Just Herbs, The Ayurveda and Blue Nectar, 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 |
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| domain | founded_year | HQ Location |
Provides online sales of Ayurvedic face, body, hair care, and educational resources.
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| domain | founded_year | HQ Location |
Ayurvedic skincare and cosmetics are manufactured and distributed globally.
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| domain | founded_year | HQ Location |
Ayurvedic skin care products are manufactured and marketed.
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| domain | founded_year | HQ Location |
Multi-category ayurvedic beauty and wellness products are offered online.
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| domain | founded_year | HQ Location |
Ayurvedic skin and hair care products are sold online.
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| Company Name | Domain | Founded year | HQ Location | Description |
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| domain | founded_year | HQ Location |
Multiple services are booked via an app-based platform.
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On-demand services are booked through an app-based platform.
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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 Vedix
Frequently Asked Questions about Vedix
When was Vedix founded?
Vedix was founded in 2017 and raised its 1st funding round 3 years after it was founded.
Where is Vedix located?
Vedix is headquartered in Hyderabad, India. It is registered at Hyderabad, Telangana, India.
Who is the current CEO of Vedix?
Chaitanya Nallan is the current CEO of Vedix. They have also founded this company.
How many employees does Vedix have?
As of Apr 03, 2024, the latest employee count at Vedix is 118.
What is the annual revenue of Vedix?
Annual revenue of Vedix is $19.84M as on Mar 31, 2021.
What does Vedix do?
Vedix was founded in 2017 in Hyderabad, India, as an internet-first brand in the ayurvedic personal care sector. Personalized haircare and skincare regimens are recommended through an online quiz taken by users. The product catalog encompasses face washes, serums, moisturizers, toners, masks, shampoos, conditioners, oils, and body care items. Operations focus on direct-to-consumer delivery within India.
Who are the top competitors of Vedix?
Vedix's top competitors include Just Herbs, The Ayurveda and Asta Berry Biosciences.
What products or services does Vedix offer?
Vedix offers Custom Hair Oil, Hair Growth Serum, Anti-Hair Fall Shampoo, Face Cleanser, and Hydrating Moisturizer.
Who are Vedix's investors?
Vedix has 1 investor. Key investors include RPSG Capital Ventures.
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