About Velnik India
Velnik India is a Consumer company based in Indore (India) founded in 2017 by Sukhdev Gehlot. Brand offering hair skin care products. Velnik India has raised $4.42 million across 4 funding rounds from investors including Safal Netcards, Arise Advisory and Paresh Mehta. Velnik India was last valued at $45.97 million in April 2022. Its Indian entity Velnik India Limited reported revenue of ₹382 Cr. Its focus areas include Consumer Goods, Beauty & Personal Care Products and Multi Category. Its competitors include Mamaearth, MyGlamm and Minimalist; 3 of its 3 listed competitors have raised funding.
Company details
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.
- Headquarters Indore, India
- Founders Sukhdev Gehlot
- Stage Minicorn
- SectorsConsumer
- Email••••••••
- Phone•••• ••••
- Website velnik.com
- Social LinkedIn X Facebook Instagram YouTube
- Legal Name Velnik India Limited
- Date of Incorporation 11 Aug, 2017
- Jurisdiction Sojat, Rajasthan, India
- Annual Revenue₹382 Cr
FY 2025 · +18% YoY
- Net Profit₹12.41 Cr
FY 2025 · 3% margin
- EBITDA₹48.62 Cr
FY 2025 · 13% margin
- Total Equity Funding$4.42M (USD)
in 4 rounds
- Latest Funding Round$3.49M (USD), Series A
Apr 2022
Associated legal entities of Velnik India
Velnik India is associated with 5 registered companies on The Company Check; the primary company is Velnik India Limited. Each company page carries the filings, financials, charges and directors of that entity.
| Legal entity | Status | Incorporated | Registered in | Revenue (FY 2025) | Employees | Directors | Company page |
|---|---|---|---|---|---|---|---|
| Velnik India Limited CIN U24100RJ2017PLC058778 | Active | 11 Aug 2017 | Sojat, Rajasthan | ₹382 Cr | 1,293 | 8 | View details |
| Velnik India Marketing Private Limited CIN U74999MP2018PTC045881 | Active | 23 May 2018 | Indore, Madhya Pradesh, India | View details | |||
| Smkdr Hotels And Resorts Private Limited CIN U55209RJ2020PTC071083 | Active | 17 Sep 2020 | Sojat, Rajasthan | 2 | View details | ||
| Smkdr Infra Private Limited CIN U45200RJ2020PTC072277 | Active | 26 Nov 2020 | Sojat, Rajasthan | 2 | View details | ||
| Smkdr Trading Private Limited CIN U10793MP2018PTC045881 | Active | 23 May 2018 | Indore, Madhya Pradesh | ₹0.4 Cr | 836 | 2 | View details |
Apps and channels of Velnik India
its YouTube channel Velnik India Limited has 3.63K subscribers and 30 videos.
Videos from Velnik India
The most watched videos on Velnik India's YouTube channel, Velnik India Limited (3.63K subscribers). Click a video to play it here.
More on Velnik India Limited.
Funding Insights of Velnik India
Velnik India has successfully raised a total of $4.42M across 4 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.
- Total Funding $4.42M
- Total Rounds 4
- Last Round Series A — $3.49M
- First Round $398,886
(Apr 2021)
- Investors Count 19
All 4 funding rounds of Velnik India with amounts and investors; the two latest post-money valuations are shown, the rest are part of the premium plan.
| Date | Amount | Transaction Name | Valuation | Lead Investors | Investors |
|---|---|---|---|---|---|
| Apr 2022 | $3.49M | Series A | $45.97M | Paresh Mehta | |
| Mar 2022 | $916,853 | Debt – Conventional | – | – | – |
| Apr 2021 | $926,842 | Seed | $79.67M | Aariket BPS Enterprises, Gudia Singhania | |
| Apr 2021 | $398,886 | Debt – Conventional | – | – | – |
| Date | Valuation | Stage |
|---|---|---|
| Apr 2022 | $45.97M | •••••••• |
| Apr 2021 | $79.67M | •••••••• |
Last known valuation $45.97M (Apr 2022). 19 investors in total: 4 institutional and 15 angel.
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 |
|---|---|---|---|---|
Provider of direct mail, advertising, and market research services | safalnetcards.tcc.mode | Ahmedabad, India | ||
Provider of end-to-end HR services | ariseadvisory.tcc.mode | |||
Repair services for personal and household goods are provided. | aariketbpsenterprise.tcc.mode | Ranchi, India | ||
Multi-category cosmetic products are supplied from Ranchi, India. | sarojtradecom.tcc.mode | Ranchi, India | ||
PM Paresh Mehta | Angel investor and entrepreneur, focused on tech startups in India. | unknown_7b42e706d4cb4df59 | ||
JR Jitendra Rasiklal Sanghavi | unknown_c2972018934f42978 | |||
NS Nodrat Shabbir Ismail Hadiawala | unknown_d6a5faf258d54cc29 | |||
PO Priyanka Oberoi | unknown_d21de318ec974223a | |||
KM Ketan Mohan Karecha | unknown_3db07d6286124d1c8 | |||
CP Chirag Parekh | unknown_82402668a4264bd6a |
Investor details for Velnik India
The complete investor list, round-by-round participation and investor portfolios require an active premium plan.
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Board of directors of Velnik India Limited (Velnik India)
Velnik India Limited is the primary company behind Velnik India. The boards of the 4 registered companies of Velnik India currently have 6 directors; the longest-serving is Manju Devi Gehlot, appointed in 2018. 17 earlier directors have ceased.
| Director | Designation | Appointed | Tenure | Entity |
|---|---|---|---|---|
| Manju Devi Gehlot DIN 07811873 | Director | 23 May 2018 | 8 yrs 5 mo | Smkdr Trading Private Limited, Smkdr Hotels And Resorts Private Limited, Smkdr Infra Private Limited, Velnik India Limited |
| Sukhdev Gehlot DIN 06456150 | Director | 23 May 2018 | 8 yrs 5 mo | Smkdr Trading Private Limited, Smkdr Hotels And Resorts Private Limited, Smkdr Infra Private Limited, Velnik India Limited |
| Rohit Khandelwal DIN 07038360 | Director | 04 Jul 2022 | 4 yrs 3 mo | Velnik India Limited |
| Kusum Gehlot DIN 10326369 | Director | 20 Sep 2023 | 3 yrs 1 mo | Velnik India Limited |
| Devendra Gehlot DIN 10764120 | Director | 04 Sep 2024 | 2 yrs 1 mo | Velnik India Limited |
| Avijeet Garg DIN 09499260 | Director | 03 Mar 2025 | 1 yr 7 mo | Velnik India Limited |
People of Velnik India
14 people are tracked at Velnik India (4 in leadership, 10 in team).
| Name | Role | Group |
|---|---|---|
| Founder & Managing Director | Leadership | |
Arun T | Project Head | Leadership |
Aalok Dubey | Vice President Marketing | Head Of Digital Assets | Online Sales | Leadership |
Rajesh Ranjan | Head R&d And Quality | Leadership |
Vivekanand Choudhary | Packaging Development Manager At Velnik India Pvt LTD | Team |
Sumit Gupta | Senior Executive Human Resources | Team |
Shailendra Saxena | Product Manager | Team |
Sayyed Hamid Ali | Digital Marketing Executive | Team |
Rushikesh Patil | Sr. Research Scientist | Team |
Bhavesh Dhole | Research And Development Scientist | Team |
Vividha Sawarkar | Research Scientist | Team |
Rohit Labana | Legal Manager | Team |
Vaishali Mayur | Human Resources Executive | Team |
Chandra Prakash Chouhan | Assistant Manager | Team |
Complete people profiles for Velnik India
Full employee and board profiles, team structure, tenure and professional contact details require an active premium plan.
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Financials of Velnik India
Figures of Velnik India Limited, the primary company behind Velnik India, for FY 2025. Revenue was ₹382 Cr (+18% year on year). Net profit was ₹12.41 Cr (3% margin). EBITDA was ₹48.62 Cr (13% margin). Revenue has grown at a compounded annual rate of +9% over three years and +14% over five years.
- ₹382 CrRevenue · FY 2025 · +18% YoY
- ₹12.41 CrNet profit · 3% margin
- ₹48.62 CrEBITDA · 13% margin
- ₹39.75 CrPaid-up capital
- 1,293Employees (provident fund records)
- +9%Revenue CAGR, 3 years
- +14%Revenue CAGR, 5 years
Balance sheet, profit and loss, cash flow and ratios of Velnik India Limited are on its company page.
Detailed financial statements for Velnik India
Statement rows, ratios, five-year trends and downloadable financials of the group companies require an active premium plan.
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Timeline of Velnik India
4 dated milestones of Velnik India across 5 years, from founding to its latest funding, stage changes and deals.
- Founded Velnik India is founded.
- Funding First funding round of $399K.
- Milestone Reaches Minicorn status.
- Funding Latest funding round, Series A, of $3.5M.
Competitors of Velnik India
Velnik India has 3 listed competitors in our database, 3 of them funded. They include Mamaearth, MyGlamm and Minimalist.
| Company Name | Domain | Founded | HQ Location | Total funding | Employees | Description |
|---|---|---|---|---|---|---|
| mamaearth.in | 2016 | Gurugram, India | $89.36M | 1,900 | Online brand offering multi-category natural skin care and makeup products | |
| myglamm.com | 2015 | Mumbai, India | $105.68M | 411 | Online platform selling beauty products, makeup, skincare, and cosmetics in India. | |
| beminimalist.co | 2018 | Jaipur, India | $17.02M | 545 | Manufacturer of skincare, haircare, and baby care products addressing various skin and hair concerns |
Detailed competitors of Velnik India
The full competitor set, operating metrics and side-by-side benchmarks require an active premium plan.
- Full competitor set
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Web traffic of Velnik India
The website of Velnik India (velnik.com) receives about 2.2K visits a month.
- Monthly visits2.2K
▼ 27.1% vs previous month
Websites whose visitors overlap most with Velnik India. Affinity shows how closely the audiences match.
| Website | Domain | Audience affinity | Monthly visits | Global rank | Profile |
|---|---|---|---|---|---|
moniayurveda.com | moniayurveda.com | 100% | – | ||
priisindia.com | priisindia.com | 95% | #10,386,784 | – |
Top companies in Beauty & Personal Care Products
3 companies that operate in the same segment as Velnik India (Beauty & Personal Care Products) in India, ranked by their profile score on The Company Check.
| Company | Description | Founded | Location | Total funding | Revenue | Employees |
|---|---|---|---|---|---|---|
Online platform offering a wide range of baby, kids, and maternity products | 2010 | Pune, Maharashtra, India | USD 513.39 M | USD 911.07 M | 3,752 | |
Online brand offering mens grooming products | 2015 | Gurugram, Haryana, India | USD 52.66 M | |||
Retailer of perfumes, cosmetics, skincare, and related gift set items | 2012 | Gurugram, Haryana, India | USD 58.54 M |
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Related news about 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 4 funding rounds to date. The company's 1st funding round was a Debt – Conventional of $398.89K, raised on Apr 2021.
The primary company behind Velnik India, Velnik India Limited, reported revenue of ₹382 Cr for FY 2025, up 18% year on year.
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 Minimalist.
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.
Velnik India is associated with 4 legal entities: Velnik India Limited, Smkdr Trading Private Limited, Smkdr Hotels And Resorts Private Limited and others.
The legal entities of Velnik India currently have 7 directors, including Manju Devi Gehlot, Sukhdev Gehlot, Chirag Desla and others.