About Zweler
Zweler is a company based in Surat (India) founded in 2021 by Roopak Garg.. Zweler has raised $181.61 thousand across 2 funding rounds from investors including Satish Revanna, Arthvistaar Ventures and Purpleowl Ventures. The company has 1 employees as of April 09, 2024. Zweler offers products and services including Chain Sets, Diamond Jewellery, Gold Jewellery, and Gemstones. Zweler operates in a competitive market with competitors including Sarafa Bazar, BizUp, Flipkart Wholesale, Zaveri Bazaar and GoModish, among others.
- Headquarter Surat, India
- Employees 1 as on 09 Apr, 2024
- Founders Roopak Garg
- Stage Minicorn
-
Sectors
Retail
-
Email
***********
-
Phone
*********
-
Website
*********
-
Social
*********
- Legal Name Zweler Gems Private Limited
- Date of Incorporation 10 May, 2021
- Jurisdiction Surat City, Gujarat, India
-
Annual Revenue
-
Net Profit
-
EBITDA
-
Total Equity Funding
$181.61 K (USD)
in 2 rounds
-
Latest Funding Round
$82.09 K (USD), Seed
Nov 06, 2024
-
Investors
Arthvistaar Ventures
& 14 more
-
Employee Count
1
as on Apr 09, 2024
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 Zweler
Zweler offers a comprehensive portfolio of products and services, including Chain Sets, Diamond Jewellery, Gold Jewellery, and Gemstones. 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.
Jewelry items for retail sourcing and sales.
High-quality diamonds for online retail purposes.
Traditional gold pieces for retailer distribution.
Varied gemstones available for sourcing online.
Funding Insights of Zweler
Zweler has successfully raised a total of $181.61K across 2 strategic funding rounds. The most recent funding activity was a Seed round of $82.09 thousand completed in November 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 Seed — $82,085
-
First Round
First Round
(21 Aug 2023)
- Investors Count 15
| Date | Amount | Transaction Name | Valuation | Lead Investors | Investors |
|---|---|---|---|---|---|
| Nov, 2024 | Amount | Seed - Zweler | Valuation | Arthvistaar Ventures | |
| Aug, 2023 | Amount | Seed - Zweler | 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 Zweler
Zweler has secured backing from 15 investors, including angel and institutional investors. Prominent investors backing the company include Satish Revanna, Arthvistaar Ventures and Purpleowl Ventures. 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 |
|---|---|---|---|---|
|
Advisory services are provided by Shakun Advisors in Mumbai, India.
|
Founded Year | Domain | Location | |
|
Legal consulting services are provided to clients from Akola, India.
|
Founded Year | Domain | Location | |
|
SR
Satish Revanna |
-
|
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 Zweler
| 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 - Zweler
| 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 |
Zweler Comparisons
Competitors of Zweler
Zweler 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 Sarafa Bazar, BizUp, Flipkart Wholesale, Zaveri Bazaar and GoModish, 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 B2B marketplace for jewelry items is operated.
|
|
| domain | founded_year | HQ Location |
Fashion B2B wholesale is enabled via zero-commission video shopping app.
|
|
| domain | founded_year | HQ Location |
Operates an app-based B2B platform for fashion products.
|
|
| domain | founded_year | HQ Location |
Connects jewelry wholesalers, manufacturers, and retailers via app for networking.
|
|
| domain | founded_year | HQ Location |
An online B2B wholesale platform specializing in fashion apparel for business buyers and retailers.
|
| 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 Zweler
When was Zweler founded?
Zweler was founded in 2021 and raised its 1st funding round 2 years after it was founded.
Where is Zweler located?
Zweler is headquartered in Surat, India. It is registered at Surat, Gujarat, India.
Who is the current CEO of Zweler?
Roopak Garg is the current CEO of Zweler. They have also founded this company.
Is Zweler a funded company?
Zweler is a funded company, having raised a total of $181.61K across 2 funding rounds to date. The company's 1st funding round was a Seed of $99.53K, raised on Aug 21, 2023.
How many employees does Zweler have?
As of Apr 09, 2024, the latest employee count at Zweler is 1.
What does Zweler do?
Zweler was established in 2021 in Surat, India, as a manufacturer in the jewelry sector. A range of items is produced, including diamond rings, necklace sets, mens rings, golden bracelets, silver pendants, and office wear accessories for both genders. Operations are centered on crafting these products for domestic and potential international markets.
Who are the top competitors of Zweler?
Zweler's top competitors include Flipkart Wholesale, BizUp and Sarafa Bazar.
What products or services does Zweler offer?
Zweler offers Chain Sets, Diamond Jewellery, Gold Jewellery, and Gemstones.
Who are Zweler's investors?
Zweler has 15 investors. Key investors include Satish Revanna, Arthvistaar Ventures, Purpleowl Ventures, Jaymin M Kothari, and Rajveer Parikh.
What is Zweler's valuation?
The valuation of Zweler is $1.56M as of Aug 2023.