About Xupes
Xupes is a company founded in 2009.. Xupes has raised $3.73 million across 1 funding round from investors including Downing. The company has 41 employees as of September 30, 2020. Xupes offers products and services including Pre-owned Bags, Pre-owned Jewelry, and Pre-owned Accessories. Xupes operates in a competitive market with competitors including Cudoni, Watchfinder, Luxury Promise, Open for Vintage and Subdial, among others.
- Employees 41 as on 30 Sep, 2020
-
Sectors
Retail
-
Email
***********
-
Phone
*********
-
Website
*********
-
Social
*********
- Legal Name Xupes Ltd
-
Annual Revenue
$12.22 M (USD)8as on Sep 30, 2019
-
Net Profit
$-1.72 M (USD)-451as on Sep 30, 2019
-
EBITDA
-
Total Equity Funding
$3.73 M (USD)
in 1 rounds
-
Latest Funding Round
$3.73 M (USD), Series A
Feb 21, 2017
- Investors
-
Employee Count
41
as on Sep 30, 2020
Unlock complete access to The Company Check
Get unrestricted viewing across everything we track — from companies and brands to investors, funding rounds, acquisitions, financials, and more.
- Unlimited viewing on all profiles Companies, investors, financials, funding, acquisitions & directors
- Full access to every database India & global coverage, advanced filters and rich profile details
- Always-on access from your team account Single premium plan for everything you see on the portal
Products & Services of Xupes
Xupes offers a comprehensive portfolio of products and services, including Pre-owned Bags, Pre-owned Jewelry, and Pre-owned Accessories. 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.
Platform for buying authenticated luxury bags from top brands.
Service for selling and purchasing verified pre-owned jewelry items.
Online marketplace for authenticated accessories like wallets and belts.
Unlock access to complete
Unlock access to complete
Funding Insights of Xupes
Xupes has successfully raised a total of $3.73M through 1 strategic funding round. The most recent funding activity was a Series A round of $3.73 million completed in February 2017. 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 1
- Last Round Series A — $3.7M
-
First Round
First Round
(21 Feb 2017)
- Investors Count 1
| Date | Amount | Transaction Name | Valuation | Lead Investors | Investors |
|---|---|---|---|---|---|
| Feb, 2017 | Amount | Series A - Xupes | Valuation |
investors |
| Date | Amount | Transaction Name | Valuation | Lead Investors | Investors |
|---|---|---|---|---|---|
| Jul, 2021 | Amount | Post-IPO - Grab | Valuation |
investors |
|
| Feb, 2021 | Amount | Post-IPO - Grab | Valuation |
investors |
|
| Jan, 2021 | Amount | Post-IPO - Grab | Valuation |
investors |
|
| Feb, 2021 | Amount | Post-IPO - Grab | Valuation |
investors |
Investors in Xupes
Xupes has secured backing from 1 investor, including venture fund investors. Prominent investors backing the company include Downing. 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 |
|---|---|---|---|---|
|
Inheritance tax relief, funds, and bonds are provided across sectors.
|
Founded Year | Domain | Location |
| Investor | Description | Founded Year | Domain | Location |
|---|---|---|---|---|
|
Single family office of Amitabh Bachchan, founder of Amitabh Bachchan Corporation or AB CORP
|
Founded Year | Domain | Location | |
|
Startup ecosystems are ignited through strategic investments by Signite Partners.
|
Founded Year | Domain | Location | |
|
Venture capital is directed toward companies in multiple sectors.
|
Founded Year | Domain | Location | |
|
Venture capital is invested in cybersecurity, fintech, and AI startups.
|
Founded Year | Domain | Location |
Investments & Acquisitions by Xupes
| Company Name | Description | Domain | Location | Founded Year | Amount |
|---|---|---|---|---|---|
|
Bionic investment advisor platform
|
2016 | ||||
|
Fine Asian gourmet food is offered by an internet-first restaurant.
|
2016 | ||||
|
Physical e-commerce kiosks are deployed for rural purchases in Indonesia.
|
2014 | ||||
|
Fine Asian gourmet food is offered by an internet-first restaurant.
|
2016 |
Financial Statements - Xupes
| Date | Amount | Transaction Name | Valuation | Lead Investors | Investors |
|---|---|---|---|---|---|
| Jul, 2021 | Amount | Post-IPO - Grab | Valuation |
investors |
|
| Feb, 2021 | Amount | Post-IPO - Grab | Valuation |
investors |
|
| Jan, 2021 | Amount | Post-IPO - Grab | Valuation |
investors |
|
| Feb, 2021 | Amount | Post-IPO - Grab | Valuation |
investors |
Xupes Comparisons
Competitors of Xupes
Xupes 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 Cudoni, Watchfinder, Luxury Promise, Open for Vintage and Subdial, 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 |
Pre-owned luxury goods are sold via an online platform.
|
|
| domain | founded_year | HQ Location |
Online outright-buy platform for luxury watches
|
|
| domain | founded_year | HQ Location |
Pre-owned luxury fashion accessories are consigned through an online platform.
|
|
| domain | founded_year | HQ Location |
Vintage pre-owned fashion products are offered through an online marketplace.
|
|
| domain | founded_year | HQ Location |
Second-hand luxury watches from various brands are traded online.
|
| Company Name | Domain | Founded year | HQ Location | Description |
|---|---|---|---|---|
| domain | founded_year | HQ Location |
Multiple services are booked via an app-based platform.
|
|
| domain | founded_year | HQ Location |
On-demand services are booked through an app-based platform.
|
|
| domain | founded_year | HQ Location |
App based platform offering on demand delivery and ride-hailing services
|
|
| domain | founded_year | HQ Location |
Operates an on-demand hyperlocal delivery app for food and groceries.
|
Frequently Asked Questions about Xupes
When was Xupes founded?
Xupes was founded in 2009 and raised its 1st funding round 8 years after it was founded.
Is Xupes a funded company?
Xupes is a funded company, having raised a total of $3.73M across 1 funding round to date. The company's 1st funding round was a Series A of $3.73M, raised on Feb 21, 2017.
How many employees does Xupes have?
As of Sep 30, 2020, the latest employee count at Xupes is 41.
What is the annual revenue of Xupes?
Annual revenue of Xupes is $12.22M as on Sep 30, 2019.
What does Xupes do?
Xupes was founded in 2009 as an online platform in the luxury fashion sector. Pre-owned products, including jewelry, watches, and handbags, are acquired through consignment or outright purchases. Price quotes are issued based on descriptions submitted by users. A commission structure is applied to seller transactions. Additional services encompass maintenance and repair for watches.
Who are the top competitors of Xupes?
Xupes's top competitors include Watchfinder, Cudoni and Subdial.
What products or services does Xupes offer?
Xupes offers Pre-owned Bags, Pre-owned Jewelry, and Pre-owned Accessories.
Who are Xupes's investors?
Xupes has 1 investor. Key investors include Downing.