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Hoop - About the company

Hoop is a seed company based in Gurugram (India), founded in 2022 by Twinkle Uppal and Saharsh Agarwal. It operates as an Online platform for the purchase of wellness products. Hoop has raised $1.75M in funding from investors like Cornerstone, Spring and Stormwater Advisors, with a current valuation of *****. The company has 8 active competitors, including 1 that is funded. Its top competitors include companies like Mederma, Elemnt Sports Science and Skift.

Company Details

Online platform for the purchase of wellness products. The company offers natural wellness products for pain relief, sleep support, stress relief, and muscle recovery. It offers stress and pain relief mist, sprays, and rolls.
Social
XFacebook
Email ID
*****@hoophello.com
Phone Number
+91 **********
Registered Address
House No.28, Landmark Na Vidya Vihar Pitampura, North East, Delhi, Delhi, India, 110034
Key Metrics
Founded Year
2022
Location
Gurugram, India
Stage
Seed
Total Funding
$1.75M in 2 rounds
Latest Funding Round
Post Money Valuation
***** as on Dec 02, 2024
Investors
Ranked
Annual Revenue
₹7.78Cr as on Mar 31, 2025
Similar Companies
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Hoop's funding and investors

Hoop has raised a total funding of $1.75M over 2 rounds. Its first funding round was on Sep 14, 2022. Its latest funding round was a Seed round on Jul 03, 2024 for $*****. 11 investors participated in its latest round. Hoop has 4 institutional investors and 38 angel investors.

Here is the list of recent funding rounds of Hoop:
Date of Funding
Funding Amount
Round Name
Post-Money Valuation
Revenue Multiple
Lead Investors
Other Investors
Jul 03, 2024
7319144
Seed
3319706
1086400
5260475
6440832
Sep 14, 2022
1067243
Seed
2200792
5330836
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Hoop's founders and board of directors

Founder? Claim Profile
The founders of Hoop are Twinkle Uppal and Saharsh Agarwal.
Here are the details of Hoop's key team members:

Hoop's Board of Directors

Hoop's board has 3 active members. Twinkle Uppal, Saharsh Agarwal and Nona Uppal are part of team.
Here is the list of Hoop's board of directors:
Name
Type
Representing
Status
Duration
Team
-
Current
4y 0m
Team
-
Current
4y 0m
vuggrrw
Team
-
Current
8y 4m
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Hoop's Competitors and alternates

Top competitors of Hoop include Mederma, Elemnt Sports Science and Skift. Here is the list of Top 10 competitors of Hoop, ranked by Tracxn score:
Rank
Company Details
Short Description
Total Funding
Investors
Tracxn Score
1st
Logo for Hoop
Hoop
2022, Gurugram (India), Seed
Online platform for the purchase of wellness products
$1.75M
63/100
2nd
Logo for Mederma
Mederma
2013, Delhi (India), Unfunded
Provider of skin care products for scars and stretch marks
-
-
33/100
3rd
Logo for Elemnt Sports Science
Elemnt Sports Science
2022, Mumbai (India), Unfunded
Sports skincare and recovery products for athletes
-
-
33/100
4th
Logo for Skift
Skift
2023, Mumbai (India), Unfunded
Provider of athleisure personal care products for hair, body, and face
-
-
31/100
5th
Logo for Elume
Elume
Chandigarh (India), Unfunded
Developer of actives-based, laboratory-tested cosmetic and skincare products
-
-
25/100
6th
Logo for Do More Always
Do More Always
2020, Hyderabad (India), Unfunded
Internet first brand offering skincare products for athletes
-
-
25/100
7th
Logo for Fit2Glo
Fit2Glo
2023, Noida (India), Unfunded
Internet-first brand offering beauty products for athletes
-
-
16/100
8th
Logo for Dermaworkout
Dermaworkout
2021, Chennai (India), Unfunded
Internet first brand offering beauty products for athletes
-
-
16/100
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Hoop's Latest cap tables and shareholding

Founders (largest shareholder) own 61.31%, Funds own 15.95%, Enterprises own 0.61% and Angels own 15.31%. The net worth of Hoop's founders is INR 44.7Cr as of Dec 02, 2024.
Shareholders Name
Post Round Holding %
Net worth
Cumulative Investment
Realised Returns
Unrealised Returns
Return Multiple
Founder
61.31%
44.7Cr
6005990
1567964
2989127
4720578
4706411
2619366
4461784
6088321
7285126
5824337
9035242
9316085
8894748
5527818
2376899
9831187
Fund
15.95%
11.6Cr
2298702
8291858
6587106
6135597
1706
9161
4449
2807
2622
9765
9413734
7751809
3973726
9580335
5749962
9916071
Enterprise
0.61%
44.3L
0
0
0
0
Angel
15.31%
11.2Cr
1778183
8338971
4183499
1559109
ESOP Pool
6.81%
4.97Cr
216647
168538
371370
808500
Total
100.00%
72.9Cr
7403510
4946039
6628112
4655963
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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 Hoop's Shareholding

Hoop's Investments and acquisitions

Hoop has made no investments or acquisitions yet.

Reports related to Hoop

Here is the latest report on Hoop's sector:

News related to Hoop

Media has covered Hoop for a total of 2 events in the last 1 year, 2 of them have been about company updates.
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FAQs about Hoop

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