VelvetCase

Mumbai, India Founded: 2012 • Age: 14 yrs
Offers a direct-to-consumer brand of customized precious jewelry.
Annual revenue $230,544 Latest available
Total funding $2.7M 3 rounds
Employees 3 Tracked headcount
Investors 79 Known backers
Products - Services tracked
Competitors 9 Brand Intelligence

About VelvetCase

VelvetCase is a company based in Mumbai (India) founded in 2012 by Kapil Rameshkumar Hetamsaria. It operates as a D2C. VelvetCase has raised $2.73 million across 3 funding rounds from investors including LetsVenture, 3one4 Capital and The Chennai Angels. The company has 3 employees as of March 31, 2023. VelvetCase operates in a competitive market with competitors including Ornativa, Zaprest, Mirakin, Chateauvince Solitaires and Gehna, among others.

  • Headquarter Mumbai, India
  • Employees 3 as on 31 Mar, 2023
  • Founders Kapil Rameshkumar Hetamsaria
  • Stage Minicorn
  • Sectors
    Consumer
  • Email
    Locked
  • Phone
    Locked
  • Website
    Locked
  • Social
    Locked
  • Legal Name Bodhi Brands Private Limited
  • Date of Incorporation 19 Apr, 2012
  • Jurisdiction Mumbai, Maharashtra, India
Operational Areas
Consumer → Apparel, Fashion & Lifestyle Unlock Sub-Sector Unlock Segment
Key Metrics
  • Annual Revenue
    $230.54 K (USD)
    -47.53
    as on Mar 31, 2023
  • Net Profit
    -$40.56 K (USD)
    -141.52
    as on Mar 31, 2023
  • EBITDA
    -$49.51 K (USD)
    -155.39
    as on Mar 31, 2023
  • Total Equity Funding
    $2.73 M (USD)

    in 3 rounds

  • Latest Funding Round
    $145.71 K (USD), Series A

    Apr 22, 2018

  • Investors
    LetsVenture

    & 78 more

  • Employee Count
    3

    as on Mar 31, 2023

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Funding Insights of VelvetCase

VelvetCase has successfully raised a total of $2.73M across 3 strategic funding rounds. The most recent funding activity was a Series A round of $145.71 thousand completed in April 2018. 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 VelvetCase

VelvetCase has secured backing from 79 investors, including angel, venture fund, and institutional investors. Prominent investors backing the company include LetsVenture, 3one4 Capital and The Chennai Angels.

All
Venture Fund
Institutional
Angel
Investor Description Founded Year Domain Location
Early-stage centric tech-focused venture capital firm investing primarily in India
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Investments are managed by T R Santhanakrishnan's office in Mauritius.
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Consumer tech startups are funded by Kalpavriksha Ventures venture capital.
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Investor details for VelvetCase

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  • Investor domains
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Investments & Acquisitions by VelvetCase

Investments
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Investment portfolio details for VelvetCase

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Financial Statements - VelvetCase

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Detailed financials for VelvetCase

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Velvetcase Comparisons

VelvetCase Primary company
Description
Offers a direct-to-consumer brand of customized precious jew...
Location
Mumbai, India
Founded Year
2012
Annual Revenue
$230.54 K (USD)
Net Profit
-$40.56 K (USD)
EBITDA
-$49.51 K (USD)
Employees
3
As of 2023
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Peer comparison for VelvetCase

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Competitors of VelvetCase

VelvetCase 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 Ornativa, Zaprest, Mirakin, Chateauvince Solitaires and Gehna, among others.

Company Name Domain Founded year HQ Location Description
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Online brand of fast fashion jewelry
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Provides a web-based platform for crowd-designed 3D-printed fashion accessories.
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Manages an e-commerce store for 3D printed, custom-made private label jewelry.
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Offers custom designer jewelry including rings, earrings, and pendants for individual clients.
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Sells personalized handmade jewelry online and in physical stores.
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Specializes in 3D printed jewelry designs and manufacturing.
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Detailed competitors of VelvetCase

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Latest news on Velvetcase

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Complete news archive for VelvetCase

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Frequently Asked Questions about VelvetCase

VelvetCase was founded in 2012 and raised its 1st funding round 2 years after it was founded.

VelvetCase is headquartered in Mumbai, India. It is registered at Mumbai, Maharashtra, India.

Kapil Rameshkumar Hetamsaria is the current CEO of VelvetCase. They have also founded this company.

VelvetCase is a funded company, having raised a total of $2.73M across 3 funding rounds to date.

As of Mar 31, 2023, the latest employee count at VelvetCase is 3.

Annual revenue of VelvetCase is $230.54K as on Mar 31, 2023.

VelvetCase, established in 2012, excels in producing consumer products, luxury goods, jewelry, and customized jewelry. Offers a direct-to-consumer brand of customized precious jewelry. Committed to advancing standards, it focuses on innovation, efficiency, and delivering value to clients worldwide. It continues to evolve, meeting industry challenges with strategic approaches.

VelvetCase's top competitors include Ornativa, Zaprest and Chateauvince Solitaires.

VelvetCase has 79 investors. Key investors include LetsVenture, 3one4 Capital, The Chennai Angels, K Raheja Corp, and RAAY Global Investments.

The valuation of VelvetCase is $7.72M as of Apr 2018.

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