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Goodmelts - About the company

Goodmelts is a seed company based in Bengaluru (India), founded in 2022 by Nimish Batra. It operates as a Retailer of electric wax warmers, soy wax melts, and kits. Goodmelts has raised $349K in funding from Anicut Capital, with a current valuation of $*****. The company has 48 active competitors, including 2 that are funded. Its top competitors include companies like Aromahpure, Ekam Online and Godrej aer.

Company Details

Retailer of electric wax warmers, soy wax melts, and kits. The company offers flameless home fragrance products designed for safety and sustainability. Their wax warmers are handcrafted and integrate technology for convenient use. The wax melts are made from natural soy wax and infused with essential oils.
Email ID
*****@goodmelts.co
Phone Number
+91 **********
Registered Address
PLOT NO. 550, SECTOR- 25, URBAN ESTATE, PANCHKULA, Panchkula, PANCHKULA, Haryana, India, 134109
Key Metrics
Founded Year
2022
Location
Bengaluru, India
Stage
Seed
Total Funding
$349K in 1 round
Latest Funding Round
Post Money Valuation
$***** as on Nov 17, 2025
Ranked
Annual Revenue
0 - ₹10 Cr as on Mar 31, 2025
Employee Count
7 as on Aug 31, 2026
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Goodmelts's funding and investors

Goodmelts has raised a total funding of $349K over 1 round. Its latest funding round was a Seed round on Oct 07, 2025 for $*****. 6 investors participated in its latest round. Goodmelts has 6 institutional investors and 1 angel investor.

Here is the list of recent funding rounds of Goodmelts:
Date of Funding
Funding Amount
Round Name
Post-Money Valuation
Revenue Multiple
Lead Investors
Other Investors
Oct 07, 2025
1443071
Seed
8001912
7964917
2394211
8567190
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Goodmelts' founders and board of directors

Founder? Claim Profile
The founders of Goodmelts is Nimish Batra.
Here are the details of Goodmelts' key team members:

Goodmelts' employee count trend

Goodmelts has 7 employees as of Aug 26. Here is Goodmelts's employee count trend over the years:
Employee count trend for Goodmelts
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Goodmelts's Competitors and alternates

Top competitors of Goodmelts include Aromahpure, Ekam Online and Godrej aer. Here is the list of Top 10 competitors of Goodmelts, ranked by Tracxn score:
Rank
Company Details
Short Description
Total Funding
Investors
Tracxn Score
1st
Logo for Aromahpure
Aromahpure
2014, Sonipat (India), Unfunded
Provider of organic fragrances
-
-
43/100
2nd
Logo for Goodmelts
Goodmelts
2022, Bengaluru (India), Seed
Retailer of electric wax warmers, soy wax melts, and kits
$349K
42/100
3rd
Logo for Ekam Online
Ekam Online
2010, Ahmedabad (India), Seed
Online brand offering home fragrance products
$842K
42/100
4th
Logo for Godrej aer
Godrej aer
2012, Mumbai (India), Unfunded
Brand of air care products
-
-
39/100
5th
Logo for Hosley
Hosley
1983, Noida (India), Unfunded
Online retailer offering a range of scented candles and home fragrances
-
-
38/100
6th
Logo for The Maeva Store
The Maeva Store
2011, Bengaluru (India), Unfunded
Online private label brand of luxury candles and fragrances
-
-
38/100
7th
Logo for Sugandhim
Sugandhim
2002, Mumbai (India), Unfunded
Online shopping platform offering ayurvedic-based air care products
-
-
35/100
8th
Logo for Floryn Decor
Floryn Decor
2020, Delhi (India), Unfunded
Manufacturer of scented candles and aromatherapy products
-
-
34/100
9th
Logo for IRIS Home Fragrances
IRIS Home Fragrances
1948, Mysuru (India), Unfunded
Brand of home fragrances
-
-
31/100
10th
Logo for Better and Brighter Homecare
Better and Brighter Homecare
2009, Mumbai (India), Deadpooled
Manufacturer of home care products
$22.2K
30/100
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Goodmelts's Latest cap tables and shareholding

Founders (largest shareholder) own 68.39%, Funds own 14.44%, Angels own 2.76% and Other People own 4.37%. The net worth of Goodmelts's founders is INR 12.4Cr as of Nov 17, 2025.
Shareholders Name
Post Round Holding %
Net worth
Cumulative Investment
Realised Returns
Unrealised Returns
Return Multiple
Founder
68.39%
12.4Cr
8135925
6479510
7583910
8148153
9030841
4104032
3509793
7648199
2051996
5538289
Fund
14.44%
2.62Cr
3913670
7674404
8358782
3331284
9845391
6510551
5359729
7068226
9989878
9650603
Angel
2.76%
50.1L
50
75
47
66
Other People
4.37%
79.1L
7614
5304
3567
9233
ESOP Pool
10.04%
1.82Cr
6630557
3271525
7864690
2947441
Total
100.00%
18.1Cr
5206054
8466963
7226128
7410812
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Notes: The column Net Worth represents the net worth of investments made by that entity, as per the latest cap table.
Disclaimer
View more details of Goodmelts's Shareholding

Goodmelts's Investments and acquisitions

Goodmelts has made no investments or acquisitions yet.

Reports related to Goodmelts

Here is the latest report on Goodmelts's sector:

FAQs about Goodmelts

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