Without

Pune, India Founded: 2020 • Age: 6 yrs
Platform offering multi-category sustainable eyewear products
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About Without

Without is a company based in Pune (India) founded in 2020 by Anish Malpani.. Without has raised $1.9 million across 3 funding rounds from investors including Peyush Bansal and Ronnie Screwvala. The company has 1 employees as of April 07, 2024. Without offers products and services including Eyewear, Hospitality Products, and Corporate Gifting. Without operates in a competitive market with competitors including Lenskart, ClearDekho, John Jacobs Eyewear, Enrico Eyewear and Eyewear Labs, among others.

  • Headquarter Pune, India
  • Employees 1 as on 07 Apr, 2024
  • Founders Anish Malpani
  • Sectors
    Retail
  • Email
    ***********
  • Phone
    *********
  • Website
    *********
  • Social
    *********
  • Legal Name Ashaya Recyclers Private Limited
  • Date of Incorporation 19 Sep, 2020
  • Jurisdiction Pune City, Maharashtra, India
Operational Areas
Retail → Fashion & Retail Innovation → →
Key Metrics
  • Annual Revenue
    $8.22 K (USD)
    2725.06
    as on Mar 31, 2022
  • Net Profit
    $-37.03 K (USD)
    -304.67
    as on Mar 31, 2022
  • EBITDA
    $-40.23 K (USD)
    -331.75
    as on Mar 31, 2022
  • Total Equity Funding
    $1.9 M (USD)

    in 3 rounds

  • Latest Funding Round
    $1.32 M (USD), Seed

    Aug 05, 2025

  • Investors

    & 1 more

  • Employee Count
    1

    as on Apr 07, 2024

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Products & Services of Without

Without offers a comprehensive portfolio of products and services, including Eyewear, Hospitality Products, and Corporate Gifting. 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.

Primary

Sunglasses made from waste packets for sustainable fashion.

Items for hospitality using recycled materials.

Gifts from recycled waste for brand promotions.

Funding Insights of Without

Without has successfully raised a total of $1.9M across 3 strategic funding rounds. The most recent funding activity was a Seed round of $1.32 million completed in August 2025. 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 Rounds 3
  • Last Round Seed — $1.3M
  • First Round

    (20 Feb 2024)

  • Investors Count 2
Date Amount Transaction Name Valuation Lead Investors Investors
Aug, 2025 Amount Seed - Without Valuation

investors
Jun, 2025 Amount Seed - Without Valuation

investors
Feb, 2024 Amount Angel Round - Without Valuation Peyush Bansal , Ronnie Screwvala
Date Amount Transaction Name Valuation Lead Investors Investors
Jul, 2021 Amount Post-IPO - Grab Valuation

investors
Emtek
Feb, 2021 Amount Post-IPO - Grab Valuation

investors
Signite Partners
Jan, 2021 Amount Post-IPO - Grab Valuation

investors
Hana Financial Group , GGV Capital
Feb, 2021 Amount Post-IPO - Grab Valuation

investors
Signite Partners

Investors in Without

Without has secured backing from 2 investors, including angel investors. Prominent investors backing the company include Peyush Bansal and Ronnie Screwvala. 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.

All
Angel
Investor Description Founded Year Domain Location

Peyush Bansal
Founder of Lenskart, prominent angel investor, Shark Tank India judge
Founded Year Domain Location

Ronnie Screwvala
Indian entrepreneur, angel investor, founder of upGrad, and media veteran.
Founded Year Domain Location
Investor Description Founded Year Domain Location
Amitabh Bachchan family office
Single family office of Amitabh Bachchan, founder of Amitabh Bachchan Corporation or AB CORP
Founded Year Domain Location
Signite Partners
Startup ecosystems are ignited through strategic investments by Signite Partners.
Founded Year Domain Location
Sixteenth Street Capital
Venture capital is directed toward companies in multiple sectors.
Founded Year Domain Location
GGV Capital
Venture capital is invested in cybersecurity, fintech, and AI startups.
Founded Year Domain Location

Investments & Acquisitions by Without

Investments
Company Name Description Domain Location Founded Year Amount
Bento Cloud
Bionic investment advisor platform
2016
48East
Fine Asian gourmet food is offered by an internet-first restaurant.
2016
GrabKios by Kudo
Physical e-commerce kiosks are deployed for rural purchases in Indonesia.
2014
48East
Fine Asian gourmet food is offered by an internet-first restaurant.
2016

Financial Statements - Without

Tata Steel revenue growth over time
Tata Steel profit and loss trends over time
Date Amount Transaction Name Valuation Lead Investors Investors
Jul, 2021 Amount Post-IPO - Grab Valuation

investors
Emtek
Feb, 2021 Amount Post-IPO - Grab Valuation

investors
Signite Partners
Jan, 2021 Amount Post-IPO - Grab Valuation

investors
Hana Financial Group , GGV Capital
Feb, 2021 Amount Post-IPO - Grab Valuation

investors
Signite Partners

Without Comparisons

Employees
+
Add Comparison
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Competitors of Without

Without 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 Lenskart, ClearDekho, John Jacobs Eyewear, Enrico Eyewear and Eyewear Labs, 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
Lenskart
domain founded_year HQ Location
Eyewear is offered online for men, women, and kids.
ClearDekho
domain founded_year HQ Location
Eyewear including sunglasses, eyeglasses, and contact lenses is offered online.
John Jacobs Eyewear
domain founded_year HQ Location
An online brand offering stylish eyewear for men and women.
Enrico Eyewear
domain founded_year HQ Location
Eye and sun glasses are offered by the eyewear brand.
Eyewear Labs
domain founded_year HQ Location
Designs and retails sunglasses and blue light glasses for consumers.
Company Name Domain Founded year HQ Location Description
inDrive
domain founded_year HQ Location
Multiple services are booked via an app-based platform.
Bolt
domain founded_year HQ Location
On-demand services are booked through an app-based platform.
Gojek
domain founded_year HQ Location
App based platform offering on demand delivery and ride-hailing services
Dunzo
domain founded_year HQ Location
Operates an on-demand hyperlocal delivery app for food and groceries.

Latest news on Without

Frequently Asked Questions about Without

When was Without founded?

Without was founded in 2020 and raised its 1st funding round 4 years after it was founded.

Where is Without located?

Without is headquartered in Pune, India. It is registered at Pune, Maharashtra, India.

Is Without a funded company?

Without is a funded company, having raised a total of $1.9M across 3 funding rounds to date. The company's 1st funding round was a Angel Round of $90.34K, raised on Feb 20, 2024.

How many employees does Without have?

As of Apr 07, 2024, the latest employee count at Without is 1.

What is the annual revenue of Without?

Annual revenue of Without is $8.22K as on Mar 31, 2022.

What does Without do?

The company was founded in 2020 and is based in Pune, India, operating in the sustainable eyewear sector. Multi-category products, including sunglasses, eyeglasses, and jewelry, are provided, all manufactured from recycled plastics. A QR code feature is included on items, allowing users to access details on plastic collection and recycling processes. The platform focuses on eco-friendly operations within the accessories industry.

Who are the top competitors of Without?

Without's top competitors include Lenskart, ClearDekho and John Jacobs Eyewear.

What products or services does Without offer?

Without offers Eyewear, Hospitality Products, and Corporate Gifting.

Who are Without's investors?

Without has 2 investors. Key investors include Peyush Bansal, and Ronnie Screwvala.

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