About WhySoBlue
WhySoBlue is a company based in Mumbai (India) founded in 2015 by Jaya Shivkumar and Shweta Shivkumar.. WhySoBlue has raised $48.12 thousand across 2 funding rounds from investors including Ritesh Agarwal. WhySoBlue offers products and services including Dresses, Shirts, Co-ord Sets, and Jackets. WhySoBlue operates in a competitive market with competitors including Alma Mater Store, WYO, Freshmonk, Samshek and Srinivasa Fashions, among others.
- Headquarter Mumbai, India
- Founders Jaya Shivkumar, Shweta Shivkumar
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Sectors
Retail
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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 Whysoblue Collective Private Limited
- Date of Incorporation 30 Jan, 2024
- Jurisdiction Thane, Maharashtra, India
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Annual Revenue
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Net Profit
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EBITDA
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Total Equity Funding
$48.12 K (USD)
in 2 rounds
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Latest Funding Round
$48.12 K (USD), Angel Round
Mar 21, 2024
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Investors
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Employee Count
Employee Count
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Products & Services of WhySoBlue
WhySoBlue offers a comprehensive portfolio of products and services, including Dresses, Shirts, Co-ord Sets, and Jackets. 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.
Women's dresses made from sustainable fabrics for everyday wear.
Versatile shirts designed for work and casual occasions.
Matching sets for coordinated outfits in sustainable styles.
Layering jackets crafted from eco-friendly materials.
Funding Insights of WhySoBlue
WhySoBlue has successfully raised a total of $48.12K across 2 strategic funding rounds. The most recent funding activity was a Angel Round round of $48.12 thousand completed in March 2024. 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 Total Funding
- Total Rounds 2
- Last Round Angel Round — $48,121
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First Round
First Round
(21 Mar 2024)
- Investors Count 1
| Date | Amount | Transaction Name | Valuation | Lead Investors | Investors |
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| Mar, 2024 | Amount | Debt – Conventional - WhySoBlue | Valuation |
investors |
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| Mar, 2024 | Amount | Angel Round - WhySoBlue | Valuation | Ritesh Agarwal |
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| Date | Amount | Transaction Name | Valuation | Lead Investors | Investors |
|---|---|---|---|---|---|
| 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 |
Investors in WhySoBlue
WhySoBlue has secured backing from 1 investor, including angel investors. Prominent investors backing the company include Ritesh Agarwal. 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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RA
Ritesh Agarwal |
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Founded Year | Domain | Location |
| Investor | Description | Founded Year | Domain | Location |
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Single family office of Amitabh Bachchan, founder of Amitabh Bachchan Corporation or AB CORP
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Founded Year | Domain | Location | |
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Startup ecosystems are ignited through strategic investments by Signite Partners.
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Founded Year | Domain | Location | |
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Venture capital is directed toward companies in multiple sectors.
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Founded Year | Domain | Location | |
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Venture capital is invested in cybersecurity, fintech, and AI startups.
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Founded Year | Domain | Location |
Investments & Acquisitions by WhySoBlue
| 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 - WhySoBlue
| Date | Amount | Transaction Name | Valuation | Lead Investors | Investors |
|---|---|---|---|---|---|
| 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 |
Whysoblue Comparisons
Competitors of WhySoBlue
WhySoBlue 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 Alma Mater Store, WYO, Freshmonk, Samshek and Srinivasa Fashions, 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 |
|---|---|---|---|---|
| domain | founded_year | HQ Location |
Online platform offering custom apparel
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| domain | founded_year | HQ Location |
Private label brand for western fashion products
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| domain | founded_year | HQ Location |
Provides an online platform for designing and selling custom apparel.
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| domain | founded_year | HQ Location |
Online platform offering customized fashion clothing and accessories for sale.
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| domain | founded_year | HQ Location |
Manufactures and exports ready-made garments in the apparel industry.
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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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| domain | founded_year | HQ Location |
On-demand services are booked through an app-based platform.
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| domain | founded_year | HQ Location |
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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Frequently Asked Questions about WhySoBlue
When was WhySoBlue founded?
WhySoBlue was founded in 2015 and raised its 1st funding round 9 years after it was founded.
Where is WhySoBlue located?
WhySoBlue is headquartered in Mumbai, India. It is registered at Mumbai, Maharashtra, India.
Is WhySoBlue a funded company?
WhySoBlue is a funded company, having raised a total of $48.12K across 2 funding rounds to date. The company's 1st funding round was a Debt – Conventional of $42.11K, raised on Mar 21, 2024.
What does WhySoBlue do?
WhySoBlue was founded in 2015 in Mumbai, India, as an internet-first brand in the apparel sector. Womens clothing, including dresses, jumpsuits, shirts, tops, jackets, and bottoms, is designed and sold alongside accessories and jewelry. Lifestyle items such as bags, hair accessories, and home décor are also provided. Apparel is tailored for occasions like work, vacations, date nights, and festivals, with operations focused on online retail.
Who are the top competitors of WhySoBlue?
WhySoBlue's top competitors include WYO, Alma Mater Store and Freshmonk.
What products or services does WhySoBlue offer?
WhySoBlue offers Dresses, Shirts, Co-ord Sets, and Jackets.
Who are WhySoBlue's investors?
WhySoBlue has 1 investor. Key investors include Ritesh Agarwal.