About Velnik India
Velnik India is a company based in Indore (India) founded in 2017 by Sukhdev Gehlot. Velnik India has raised $4.42 million across 2 funding rounds from investors including Safal Netcards, Arise Advisory and Paresh Mehta. Velnik India operates in a competitive market with competitors including Mamaearth, MyGlamm, L'Occitane, Minimalist and The Ayurveda Experience, among others.
- Headquarter Indore, India
- Founders Sukhdev Gehlot
- 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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Annual Revenue
Not available
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Net Profit
Not available
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EBITDA
Not available
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Total Equity Funding
$4.42 M (USD)
in 2 rounds
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Latest Funding Round
$3.49 M (USD), Series A
Apr 30, 2022
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Investors
Safal Netcards
& 18 more
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Employee Count
Not available
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People of Velnik India
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Funding Insights of Velnik India
Velnik India has successfully raised a total of $4.42M across 2 strategic funding rounds. The most recent funding activity was a Series A round of $3.49 million 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 Velnik India
Velnik India has secured backing from 19 investors, including institutional and angel investors. Prominent investors backing the company include Safal Netcards, Arise Advisory and Paresh Mehta.
| Investor | Description | Founded Year | Domain | Location |
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Provider of direct mail, advertising, and market research services
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Provider of end-to-end HR services
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Repair services for personal and household goods are provided.
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Investor details for Velnik India
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Investments & Acquisitions by Velnik India
Investment portfolio details for Velnik India
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Financial Statements - Velnik India
Detailed financials for Velnik India
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Velnik India Comparisons
Peer comparison for Velnik India
Named peer metrics, headcount, funding, location, and side-by-side benchmarks require an active premium plan.
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Competitors of Velnik India
Velnik India 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 Mamaearth, MyGlamm, L'Occitane, Minimalist and The Ayurveda Experience, among others.
| Company Name | Domain | Founded year | HQ Location | Description |
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Online brand offering multi-category natural skin care and makeup products
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Online platform selling beauty products, makeup, skincare, and cosmetics in India.
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Beauty and personal care products are sold by L'Occitane globally.
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Manufacturer of skincare, haircare, and baby care products addressing various skin and hair concerns
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Provides online sales of Ayurvedic face, body, hair care, and educational resources.
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Organic beauty products are offered by an internet-first brand.
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Detailed competitors of Velnik India
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Latest news on Velnik India
Complete news archive for Velnik India
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Frequently Asked Questions about Velnik India
Velnik India was founded in 2017 and raised its 1st funding round 4 years after it was founded.
Velnik India is headquartered in Indore, India. It is registered at Indore, Madhya Pradesh, India.
Velnik India is a funded company, having raised a total of $4.42M across 2 funding rounds to date.
Velnik India was established in 2017 and is based in Indore, India. Operations focus on the personal care sector, with hair and skin care products developed and distributed through the velnik.com domain. The company is led by Sukhdev Gehlot as founder and managing director, whose DIN is 06456150 and PAN is AEQPG8635R. Activities are primarily conducted within the Indian market, emphasizing product formulation and sales in beauty essentials.
Velnik India's top competitors include MyGlamm, Mamaearth and L'Occitane.
Velnik India has 19 investors. Key investors include Safal Netcards, Arise Advisory, Paresh Mehta, Jitendra Rasiklal Sanghavi, and Nodrat Shabbir Ismail Hadiawala.
The valuation of Velnik India is $45.97M as of Apr 2022.