Joybean Shoes - About the company
Joybean Shoes is a seed company based in Bengaluru (India), founded in 2022 by Raju Ramesh Joybean. It operates as an An e-commerce platform offering a range of shoes for men and women. Joybean Shoes has raised $2.15M in funding from Pks Family Trust, with a current valuation of $*****. The company has 35 active competitors, including 10 funded and 2 that have exited. Its top competitors include companies like Comet, Gully Labs and RapidBox.
Company Details
An e-commerce platform offering a range of shoes for men and women. The brand offers various features to cater to the needs of fashion-conscious consumers. The company offers a footwear brand with a range of colours and fits.
- Website
- joybeanlife.com
- Social
- Phone Number
- +91 **********
- Registered Address
- N.No #1868, Old No.111/1, Bhangi Shop to Venkata Samuthiram Road, Labbai Mankuppam Village Thuthipet Ambur, Ambur, Vellore, Vaniyambadi, Tamil Nadu, India, 635802
Key Metrics
Founded Year
2022
Location
Bengaluru, India
Stage
Seed
Total Funding
$2.15M in 1 round
Latest Funding Round
Post Money Valuation
$***** as on Jan 01, 2025
Investors
Ranked
6th among 35 active competitors
Annual Revenue
₹10 - ₹50 Cr as on Mar 31, 2025
Employee Count
33 as on Jan 31, 2025
Legal entities associated with Joybean Shoes
Joybean Shoes is associated with 1 legal entity given below:
Legal Entity Name | Date of Incorporation | Revenue | Latest Employee Count | Documents |
|---|---|---|---|---|
R2 SPORTSWEAR PRIVATE LIMITED CIN: U19100TN2022PTC157035 , India, Active | Dec 01, 2022 | ₹10 - ₹50 Cr (As on Mar 31, 2025) | 33 (As on Jan 31, 2025) |
Sign up to download Joybean Shoes' company profile
Joybean Shoes's funding and investors
Joybean Shoes has raised a total funding of $2.15M over 1 round. Its latest funding round was a Seed round on Jan 01, 2025 for $*****. 2 investors participated in its latest round. Joybean Shoes has 2 institutional investors and 3 angel investors.
Here is the list of recent funding rounds of Joybean Shoes:
Date of Funding | Funding Amount | Round Name | Post-Money Valuation | Revenue Multiple | Lead Investors | Other Investors |
|---|---|---|---|---|---|---|
Jan 01, 2025 | 2870373 | Seed | 7804174 | 4835482 | 2906669 | 8776035 |
Access funding benchmarks and valuations. Sign up today!View details of Joybean Shoes's funding rounds and investors
Joybean Shoes' founders and board of directors
Founder? Claim ProfileThe founders of Joybean Shoes is Raju Ramesh Joybean. Raju Ramesh Joybean is the CEO of Joybean Shoes.
Here are the details of Joybean Shoes' key team members:
- Raju Ramesh Joybean: Founder & CEO of Joybean Shoes. They are also an angel investor in 1 startup.
View details of Joybean Shoes's Founder profiles and Board Members
Joybean Shoes' employee count trend
Joybean Shoes has 33 employees as of Jan 25. Here is Joybean Shoes's employee count trend over the years:
Uncover Joybean Shoes' growth story! Sign up today!
Access Tracxn on any website
Install Tracxn ExtensionOur Google Chrome extension lets you view company details while browsing their websites
Joybean Shoes's Competitors and alternates
Top competitors of Joybean Shoes include Comet, Gully Labs and RapidBox. Here is the list of Top 10 competitors of Joybean Shoes, ranked by Tracxn score:
Get insights and benchmarks for competitors of 2M+ companies! Sign up today!
Rank | Company Details | Short Description | Total Funding | Investors | Tracxn Score |
|---|---|---|---|---|---|
1st | Online brand offering unisex sneakers | $16.8M | 69/100 | ||
2nd | Gully Labs 2023, Noida (India), Series A | Manufacturer of handcrafted footwear including sneakers slides and related accessories | $4.57M | 62/100 | |
3rd | Online brand offering multi-category fashion products and sneakers | $9.49M | 54/100 | ||
4th | Platform offering streetwear-inspired sneakers through a direct-to-consumer model | $3.8M | 50/100 | ||
5th | Internet first brand offering casual shoes | $1.75M | 47/100 | ||
6th | Joybean Shoes 2022, Bengaluru (India), Seed | An e-commerce platform offering a range of shoes for men and women | $2.15M | 44/100 | |
7th | Zaydn sneakers 2021, Delhi (India), Seed | Retailer of casual footwear including various styles of men sneakers | $788K | 36/100 | |
8th | Online brand offering sneakers for men and women | - | - | 30/100 | |
9th | Internet first brand offering footwear for women and men | $113K | 29/100 | ||
10th | Retailer of designer leather sneakers, travel gear, and accessories | - | - | 28/100 |
Get insights and benchmarks for competitors of 2M+ companies! Sign up today!Looking for more details on Joybean Shoes's competitors? Click here to see the top ones
Joybean Shoes's Latest cap tables and shareholding
Founders own 18.36%, Funds own 14.95% and Other People (largest shareholder) own 66.70%. The net worth of Joybean Shoes's founders is INR 12.3Cr as of Jan 01, 2025.
Shareholders Name | Post Round Holding % | Net worth | Cumulative Investment | Realised Returns | Unrealised Returns | Return Multiple |
|---|---|---|---|---|---|---|
Founder | 18.36% | 12.3Cr | 7003929 | 3134181 | 7281587 | 3616918 |
9102011 | 4096753 | 7060004 | 7936388 | 5730864 | 8385550 | |
Fund | 14.95% | 10Cr | 1760788 | 5960397 | 7047998 | 6078959 |
6239058 | 9493914 | 3280810 | 6605390 | 8641217 | 4299368 | |
2201256 | 9730441 | 1869433 | 2000184 | 8971605 | 2736459 | |
Other People | 66.70% | 44.6Cr | 9070089 | 9317763 | 2894009 | 8710210 |
Total | 100.00% | 66.9Cr | 1179972 | 4468594 | 4035937 | 4991846 |
To unlock detailed Cap Table of Joybean Shoes Sign up today!Notes: The column Net Worth represents the net worth of investments made by that entity, as per the latest cap table.
DisclaimerView more details of Joybean Shoes's Shareholding
Joybean Shoes's Investments and acquisitions
Joybean Shoes has made no investments or acquisitions yet.
Reports related to Joybean Shoes
Here is the latest report on Joybean Shoes's sector:
Are you a Founder ?
FAQs about Joybean Shoes
Explore our recently published companies
- Sustainable Leadership - Alameda based, Unfunded company
- Zino Tech - Oyster Bay based, 2011 founded, Unfunded company
- Napletons Volkswagen of Orlando - United States based, Unfunded company
- Codic - Dubai based, 2012 founded, Unfunded company
- MICKY Metals - Kolkata based, 1972 founded, Unfunded company
- Chhatariyaveg - India based, 2006 founded, Unfunded company
