When was Comet founded?

Comet was founded in 2023 and raised its 1st funding round within a year of its incorporation.

Where is Comet located?

Comet is headquartered in Bengaluru, India. It is registered at 3rd FLOOR, NO 616, 15TH MAIN ROAD, 4TH BLOCK, Koramangala, Bangalore, Bangalore South, Karnataka, India, 560034.

Which legal entities is Comet associated with?

Comet is associated with GRAILS MARKETING PRIVATE LIMITED.

How many employees does Comet have?

As of May 31, 2026, the latest employee count at Comet is 118.

Is Comet a funded company?

Comet is a funded company, having raised a total of $16.8M across 3 funding rounds to date. The company's 1st funding round was a $***** Seed round, raised on Feb 23, 2023.

How much is Comet worth?

The latest valuation of Comet is ₹***** as of Sep 11, 2026.

When was the latest funding round of Comet?

Comet's latest funding was a $***** Series B round on Aug 28, 2026, with participation from 5 investors.

What is the annual revenue of Comet?

Annual revenue of Comet is between ₹10 Cr and ₹50 Cr as on Mar 31, 2025

Where does Comet rank among its competitors?

Comet ranks 1st amongst 35 active competitors, of which 10 are funded. It stands 1st in terms of total funding among its competitors. The most recent competitor to raise funding was Comet, which secured $10.2M in Aug, 2026.

Who are the top competitors of Comet?

Comet's top competitors include Gully Labs, RapidBox and Flatheads. Among them, Comet secured the most recent funding round in August, 2026.

Comet - 2026 Company Profile, Team, Funding, Competitors & Financials

Company Details

Retailer of sneakers and footwear. The company offers a range of footwear products for men and women, focusing on design and comfort for everyday wear. PF = Yes

Website: www.wearcomet.com/
Social
Email ID: *****@wearcomet.com
Phone Number: +91 **********
Registered Address: 3rd FLOOR, NO 616, 15TH MAIN ROAD, 4TH BLOCK, Koramangala, Bangalore, Bangalore South, Karnataka, India, 560034

Key Metrics

Founded Year

2023

Location

Bengaluru, India

Stage

Series B

Total Funding

$16.8M in 3 rounds

Latest Funding Round

Series B, Aug 28, 2026, $*****

Post Money Valuation

₹***** as on Sep 11, 2026

Investors

Nexus Venture Partners & 6 more

Ranked

1^st among 35 active competitors

Annual Revenue

₹10 - ₹50 Cr as on Mar 31, 2025

Employee Count

118 as on May 31, 2026

Similar Companies

Gully Labs & 93 more

View Comet's full profile

Comet is associated with 1 legal entity given below:

Legal Entity Name	Date of Incorporation	Revenue	Latest Employee Count	Documents
GRAILS MARKETING PRIVATE LIMITED CIN: U18109KA2022PTC165258 , India, Active	Aug 24, 2022	₹10 - ₹50 Cr (As on Mar 31, 2025)	118 (As on May 01, 2026)

Comet has raised a total funding of $16.8M over 3 rounds. Its first funding round was on Feb 23, 2023. Its latest funding round was a Series B round on Aug 28, 2026 for $*****. 5 investors participated in its latest round. Comet has 5 institutional investors and 2 angel investors.

Here is the list of recent funding rounds of Comet:

Date of Funding	Funding Amount	Round Name	Post-Money Valuation	Revenue Multiple	Lead Investors	Other Investors
Aug 28, 2026	6267120	Series B	2334043	2569692	6937953	9010404
May 22, 2024	1268752	Series A	1755795	4513054	3840074	Nexus Venture Partners & 1 more
Feb 23, 2023	4989520	Seed	7625911	6115285	Nexus Venture Partners	Angel List

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View details of Comet's funding rounds and investors

The founders of Comet are Utkarsh Gupta and Dishant Daryani.

Here are the details of Comet's key team members:

Utkarsh Gupta: Co-Founder of Comet. They serve on the boards of 2 companies.
Contact Info: 2 email addresses and 1 phone number
Dishant Daryani: Co-Founder of Comet. They serve on the board of 1 company.
Contact Info: 1 email address and 1 phone number

Comet's Board of Directors

Comet's board has 2 active members. Utkarsh Gupta and Dishant Daryani are part of team.

Here is the list of Comet's board of directors:

Name	Type	Representing	Status	Duration
Utkarsh Gupta	Team	-	Current	4y 0m
Dishant Daryani	Team	-	Current	4y 0m

View details of Comet's Founder profiles and Board Members

Comet's employee count trend

Comet has 118 employees as of May 26. The total employee count is 103.0% more than what it was in May 25. Here is Comet's employee count trend over the years:

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Top competitors of Comet include Gully Labs, RapidBox and Flatheads. Here is the list of Top 10 competitors of Comet, ranked by Tracxn score:

Rank	Company Details	Short Description	Total Funding	Investors	Tracxn Score
1st	Comet 2023, Bengaluru (India), Series B	Retailer of sneakers and footwear	$16.8M	Nexus Venture Partners, Verlinvest & 5 others	69/100
2nd	Gully Labs 2023, Noida (India), Series A	Manufacturer of handcrafted footwear including sneakers slides and related accessories	$4.57M	Zeropearl, Saama & 49 others	62/100
3rd	RapidBox 2019, Bengaluru (India), Series A	Direct‑to‑consumer online retailer offering sneakers, casual footwear, and sportswear	$9.54M	Tanglin Venture Partners, SIG & 42 others	54/100
4th	Flatheads 2018, Bengaluru (India), Acquired	Internet first brand offering casual shoes	$1.75M	LetsVenture, We Founder Circle & 78 others	47/100
5th	Joybean Shoes 2022, Bengaluru (India), Seed	An e-commerce platform offering a range of shoes for men and women	$2.15M	Pks Family Trust, VKS Family Trust & 3 others	44/100
6th	CHK 2024, Bengaluru (India), Seed	Platform offering streetwear-inspired sneakers through a direct-to-consumer model	$3.8M	Accel, BlueStone	39/100
7th	Zaydn sneakers 2021, Delhi (India), Seed	Retailer of casual footwear including various styles of men sneakers	$788K	Inflection Point Ventures, BeyondSeed & 2 others	36/100
8th	7-10.in 2021, Bengaluru (India), Acquired	Online brand offering sneakers for men and women	-	-	30/100
9th	Funkfeets 2017, Kanpur (India), Seed	Internet first brand offering footwear for women and men	$113K	Agility Ventures, Gaurav Singhvi Ventures ... & 22 others	29/100
10th	Zeesh 2019, Bengaluru (India), Unfunded	Retailer of designer leather sneakers, travel gear, and accessories	-	-	28/100

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Founders own 42.95%, Funds (largest shareholder) own 50.81%, Enterprises own 0.08% and Angels own 0.11%. The net worth of Comet's founders is INR 280Cr as of Sep 11, 2026.

Shareholders Name	Post Round Holding %	Net worth	Cumulative Investment	Realised Returns	Unrealised Returns	Return Multiple
Founder	42.95%	280Cr	6474947	8693112	6183538	5030605
Utkarsh Gupta	9931845	7448405	7608828	9378172	1827507	4343060
Dishant Daryani	2677546	1141477	5105804	2014136	7971699	5218899
Fund	50.81%	331Cr	2055406	8635707	2588138	8612442
Elevation Capital	8681432	7914968	3735111	5303000	9216344	4437860
Nexus Venture Partners	1464805	8499275	3471411	4758610	9451009	9395236
Verlinvest	8059809	7453084	1420231	2040457	6566222	2013317
Angel List	5	5	5	8	3	6
Enterprise	0.08%	50.1L	0	0	0	0
Angel	0.11%	70.1L	0	0	0	0
ESOP Pool	6.06%	39.4Cr	769303	375380	382858	446349
Total	100.00%	651Cr	9858967	9717406	9209070	2449611