Voonik

Bengaluru, India Founded: 2013 • Age: 13 yrs
Technology, logistics, and financing solutions are provided to businesses.
Annual revenue $2.7M Latest available
Total funding $54.6M 10 rounds
Employees 117 Tracked headcount
Investors 22 Known backers
Products 3 Services tracked
Competitors 5 Brand Intelligence

About Voonik

Voonik is a company based in Bengaluru (India) founded in 2013. Voonik has raised $54.64 million across 10 funding rounds from investors including Times Internet, Peak XV Partners and Beenos. The company has 117 employees as of April 04, 2024. Voonik has completed 6 acquisitions, including Dekkoh, GetSty and Picksilk. Voonik offers products and services including Technology Platform, Logistics Solutions, and Financing Services. Voonik operates in a competitive market with competitors including WearWell, Stylenook, IStyleYou and Sartorial Rascal, among others.

  • Headquarter Bengaluru, India
  • Employees 117 as on 04 Apr, 2024
  • Stage Minicorn
  • Sectors
    Retail
  • Email
    Locked
  • Phone
    Locked
  • Website
    Locked
  • Social
    Locked
  • Legal Name Voonik Technologies Private Limited
  • Date of Incorporation 19 Mar, 2013
  • Jurisdiction Bangalore, Karnataka, India
Operational Areas
Retail → Fashion & Retail Innovation Unlock Sub-Sector Unlock Segment
Key Metrics
  • Annual Revenue
    $2.72 M (USD)
    29.07
    as on Mar 31, 2022
  • Net Profit
    $366.69 K (USD)
    375.84
    as on Mar 31, 2022
  • EBITDA
    $416.9 K (USD)
    82.54
    as on Mar 31, 2022
  • Total Equity Funding
    $54.64 M (USD)

    in 10 rounds

  • Latest Funding Round
    $2.02 M (USD), Series B

    Jan 23, 2019

  • Investors
  • Employee Count
    117

    as on Apr 04, 2024

  • Investments & Acquisitions
    Dekkoh

    & 5 more

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Products & Services of Voonik

Voonik offers a comprehensive portfolio of products and services, including Technology Platform, Logistics Solutions, and Financing Services.

Product name locked
Category locked
Primary

Platform providing enhanced technology for business operations

Product name locked
Category locked
Locked

Services for logistics and delivery to support businesses

Product name locked
Category locked
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Solutions offering financing options for business growth

Funding Insights of Voonik

Voonik has successfully raised a total of $54.64M across 10 strategic funding rounds. The most recent funding activity was a Series B round of $2.02 million completed in January 2019. 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 Voonik

Voonik has secured backing from 22 investors, including venture fund, angel, and institutional investors. Prominent investors backing the company include Times Internet, Peak XV Partners and Beenos.

All
Venture Fund
Institutional
Angel
Investor Description Founded Year Domain Location
Venture capital firm investing in startups and providing support programs.
Locked Locked Locked
Sequoia Capital is engaged in venture capital investments.
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Early-stage venture capital funding and support for Indian startups.
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Investor details for Voonik

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Investments & Acquisitions by Voonik

Voonik has strategically engaged in corporate development activities, having acquired 6 companies. Notable acquisitions include Dekkoh, GetSty and Picksilk.

Investments
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Investment portfolio details for Voonik

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Acquisitions
Company Name Description Domain Location Founded Year Amount
Mobile-based personal stylist app for women
Locked Locked 2016 Locked
Men's clothing is handpicked by stylists after style surveys.
Locked Locked 2015 Locked
Online private label saree brand
Locked Locked 2015 Locked
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Complete acquisition details for Voonik

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Financial Statements - Voonik

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Detailed financials for Voonik

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Voonik Comparisons

Voonik Primary company
Description
Technology, logistics, and financing solutions are provided ...
Location
Bengaluru, India
Founded Year
2013
Annual Revenue
$2.72 M (USD)
Net Profit
$366.69 K (USD)
EBITDA
$416.9 K (USD)
Employees
117
As of 2024
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Peer comparison for Voonik

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Competitors of Voonik

Voonik 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 WearWell, Stylenook, IStyleYou and Sartorial Rascal, among others.

Company Name Domain Founded year HQ Location Description
Locked Locked Locked
Personalized fashion shopping from socially conscious brands is offered.
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Online personal styling and shopping service for working women
Locked Locked Locked
Personal styling advice is delivered via chat with freelance stylists.
Locked Locked Locked
Provides an online personal styling service to help users select fashion items.
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Detailed competitors of Voonik

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Latest news on Voonik

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Complete news archive for Voonik

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Frequently Asked Questions about Voonik

Voonik was founded in 2013 and raised its 1st funding round 1 year after it was founded.

Voonik is headquartered in Bengaluru, India. It is registered at Bengaluru, Karnataka, India.

Voonik is a funded company, having raised a total of $54.64M across 10 funding rounds to date.

As of Apr 04, 2024, the latest employee count at Voonik is 117.

Annual revenue of Voonik is $2.72M as on Mar 31, 2022.

Voonik was founded in 2013 in Bengaluru, India, as a provider of integrated technology, logistics, and financing solutions for businesses. Operations focus on enhancing technology infrastructure, optimizing logistics networks, and facilitating access to financial resources. Services are designed to support operational efficiency and business expansion within the enterprise support sector. The company operates primarily in India, addressing needs of various business scales through these combined offerings.

Voonik's top competitors include WearWell, Stylenook and IStyleYou.

Voonik offers Technology Platform, Logistics Solutions, and Financing Services.

Voonik has made 6 acquisitions, including Dekkoh, GetSty, and Picksilk.

Voonik has 22 investors. Key investors include Times Internet, Peak XV Partners, Beenos, InnoVen Capital, and Seedfund.

The valuation of Voonik is $754.81M as of Jan 2019.

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