About Zouk
Zouk is a company based in Mumbai (India) founded in 2016 by Disha Singh and Pradeep Krishnakumar.. Zouk has raised $14.83 million across 3 funding rounds from investors including Stellaris Venture Partners, Sharrp Ventures and Aavishkaar Capital. The company has 42 employees as of March 23, 2024. Zouk offers products and services including Sling Bags, Office Bags, Tote Bags, Backpacks, and Wallets. Zouk operates in a competitive market with competitors including Hamelin, Maisha Lifestyle, Strutt, Pabiben and Tokike, among others.
- Headquarter Mumbai, India
- Employees 42 as on 23 Mar, 2024
- Founders Disha Singh, Pradeep Krishnakumar
- Stage Minicorn
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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 Sea Turtle Private Limited
- Date of Incorporation 14 Jun, 2016
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Annual Revenue
$5.74 M (USD)116.52as on Mar 31, 2023
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Net Profit
$-1.27 M (USD)-1264.11as on Mar 31, 2023
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EBITDA
$-2.02 M (USD)-1725.37as on Mar 31, 2023
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Total Equity Funding
$14.83 M (USD)
in 3 rounds
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Latest Funding Round
$10.12 M (USD), Series B
Oct 04, 2024
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Investors
Stellaris Venture Partners
& 20 more
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Employee Count
42
as on Mar 23, 2024
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Products & Services of Zouk
Zouk offers a comprehensive portfolio of products and services, including Sling Bags, Office Bags, Tote Bags, Backpacks, and Wallets. 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.
Stylish bags for casual and everyday carrying needs.
Professional bags designed for work and laptop storage.
Versatile bags suitable for shopping and daily use.
Durable packs for travel and school purposes.
Compact wallets for secure storage of essentials.
Suitcases and bags for efficient travel organization.
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Funding Insights of Zouk
Zouk has successfully raised a total of $14.83M across 3 strategic funding rounds. The most recent funding activity was a Series B round of $10.12 million completed in October 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 3
- Last Round Series B — $10.1M
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First Round
First Round
(15 Jan 2021)
- Investors Count 21
| Date | Amount | Transaction Name | Valuation | Lead Investors | Investors |
|---|---|---|---|---|---|
| Oct, 2024 | Amount | Series B - Zouk | Valuation | Stellaris Venture Partners , Aavishkaar Capital | |
| Nov, 2022 | Amount | Series A - Zouk | Valuation | Stellaris Venture Partners | |
| Jan, 2021 | Amount | Seed - Zouk | Valuation | Titan Capital , Kunal Bahi |
| 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 Zouk
Zouk has secured backing from 21 investors, including venture fund and angel investors. Prominent investors backing the company include Stellaris Venture Partners, Sharrp Ventures and Aavishkaar Capital. 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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Venture capital firm investing in early-stage startups across fintech, software, and other sectors.
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Founded Year | Domain | Location | |
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Venture capital firm
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Founded Year | Domain | Location | |
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Investment office backing consumer sector companies in India.
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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 Zouk
| 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 - Zouk
| 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 |
Zouk Comparisons
Competitors of Zouk
Zouk 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 Hamelin, Maisha Lifestyle, Strutt, Pabiben and Tokike, 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 |
Handcrafted handbags and wallets are sold via an internet-first brand.
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| domain | founded_year | HQ Location |
Internet first brand offering multi-category handcrafted fashion accessories
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| domain | founded_year | HQ Location |
Handcrafted handbags and wallets are offered by an internet-first brand.
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| domain | founded_year | HQ Location |
Handmade handbags are offered online by this artisan-focused brand.
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| domain | founded_year | HQ Location |
Designs and sells lifestyle bags, apparel, and accessories inspired by urban art.
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| Company Name | Domain | Founded year | HQ Location | Description |
|---|---|---|---|---|
| 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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Latest news on Zouk
Frequently Asked Questions about Zouk
When was Zouk founded?
Zouk was founded in 2016 and raised its 1st funding round 5 years after it was founded.
Where is Zouk located?
Zouk is headquartered in Mumbai, India. It is registered at Mumbai, Maharashtra, India.
Who is the current CEO of Zouk?
Disha Singh is the current CEO of Zouk. They have also founded this company.
Is Zouk a funded company?
Zouk is a funded company, having raised a total of $14.83M across 3 funding rounds to date. The company's 1st funding round was a Seed of $1.71M, raised on Jan 15, 2021.
How many employees does Zouk have?
As of Mar 23, 2024, the latest employee count at Zouk is 42.
What is the annual revenue of Zouk?
Annual revenue of Zouk is $5.74M as on Mar 31, 2023.
What does Zouk do?
Online platform offering handmade bags and shoes. It offers a product catalog that includes laptop bags, handbags, wallets, sling bags, backpacks, travel pouches, footwear, and more for women men. The products are also made of fabrics such as ikat, silk, jute, and khadi.
Who are the top competitors of Zouk?
Zouk's top competitors include Strutt, Hamelin and Maisha Lifestyle.
What products or services does Zouk offer?
Zouk offers Sling Bags, Office Bags, Tote Bags, Backpacks, and 2 more products and services.
Who are Zouk's investors?
Zouk has 21 investors. Key investors include Stellaris Venture Partners, Sharrp Ventures, Aavishkaar Capital, Jj Family Office, and Titan Capital.
What is Zouk's valuation?
The valuation of Zouk is $50.47M as of Oct 2024.