Mabel - About the company
Mabel is a deadpooled company based in Bengaluru (India), founded in 2021 by Milind Sharma. It operates as a Provider of silver jewelry. Mabel has raised $1.89M in funding from investors like Whiteboard Capital, Incubate Fund India and Sauce, with last known valuation of ₹*****. The company has 183 active competitors, including 11 funded and 2 that have exited. Its top competitors include companies like GIVA, BlueStone and CaratLane.
Company Details
Provider of silver jewelry. It offers a wide range of handcrafted designs made from silver, with a focus on elegance, affordability, and timeless appeal. They cater to both casual and formal wear through an online platform.
- Website
- mabel.jewelry
- Registered Address
- 677, 1st Floor, 27th Main 13th Cross, HSR Layout, Sector 1, Bangalore, Bangalore, Karnataka, India, 560102
Key Metrics
Founded Year
2021
Location
Bengaluru, India
Stage
Deadpooled
Total Funding
$1.89M in 3 rounds
Latest Funding Round
Last Known Valuation
₹***** as on Jun 14, 2024
Investors
Ranked
34th among 183 active competitors
Annual Revenue
0 - ₹10 Cr as on Mar 31, 2025
Employee Count
2 as on Apr 30, 2025
Similar Companies
Legal entities associated with Mabel
Mabel is associated with 1 legal entity given below:
Legal Entity Name | Date of Incorporation | Revenue | Latest Employee Count | Documents |
|---|---|---|---|---|
PROFECTUS TECHNOLOGIES PRIVATE LIMITED CIN: U74999KA2021PTC143223 , India, Active | Jan 18, 2021 | 0 - ₹10 Cr (As on Mar 31, 2025) | 2 (As on Apr 01, 2025) |
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Mabel's funding and investors
Mabel has raised a total funding of $1.89M over 3 rounds. Its first funding round was on Sep 13, 2021. Its latest funding round was a Seed round on Oct 31, 2024 for ₹*****. 1 investor participated in its latest round. Mabel has 5 institutional investors and 7 angel investors.
Here is the list of recent funding rounds of Mabel:
Date of Funding | Funding Amount | Round Name | Post-Money Valuation | Revenue Multiple | Lead Investors | Other Investors |
|---|---|---|---|---|---|---|
Oct 31, 2024 | 7209454 | Seed | 6844374 | 1159636 | 8131416 | 3602011 |
Dec 23, 2023 | 9454271 | Seed | 1998820 | 2189151 | 6120266 | |
Sep 13, 2021 | 7672143 | Seed | 2766009 | 9441513 |
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Mabel's founders and board of directors
Founder? Claim ProfileThe founders of Mabel is Milind Sharma.
Here are the details of Mabel's key team members:
- Milind Sharma: Former Co-Founder of Mabel. They serve on the board of 1 company.Contact Info: 1 email address
Mabel's Board of Directors
Mabel's board has 3 active members. Milind Sharma is part of team and Aashish Garg and Anubhav Barsaiyan are independent board members.Here is the list of Mabel's board of directors:
Name | Type | Representing | Status | Duration |
|---|---|---|---|---|
Team | - | Current | 5y 7m | |
Independent board member | - | Current | 5y 7m | |
gb{pm{k | Independent board member | - | Current | 3y 5m |
View details of Mabel's Founder profiles and Board Members
Mabel's employee count trend
Mabel has 2 employees as of Apr 25. The total employee count is 83.0% lower than what it was in Apr 24. Here is Mabel's employee count trend over the years:
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Mabel's Competitors and alternates
Top competitors of Mabel include GIVA, BlueStone and CaratLane. Here is the list of Top 10 competitors of Mabel, ranked by Tracxn score:
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Rank | Company Details | Short Description | Total Funding | Investors | Tracxn Score |
|---|---|---|---|---|---|
1st | Retailer of silver, gold, and lab-grown diamond jewellery | $133M | 85/100 | ||
2nd | Retailer of gold diamond platinum and gemstone jewellery and coins | $255M | 83/100 | ||
3rd | Internet-first brand offering precious jewelry products for men and women | $57.9M | 75/100 | ||
4th | Online retailer of demifine jewellery crafted with gold and silver | $47.3M | 71/100 | ||
5th | Internet-first brand offering precious jewelry | $88.3M | 55/100 | ||
6th | Online retailer of high-quality silver jewelry | $87.7K | 53/100 | ||
7th | Designer and retailer of fine silver jewellery | - | - | 47/100 | |
8th | Internet first brand of diamond Jewelry | - | - | 43/100 | |
9th | Online retailer of semi-precious sustainable jewelry designed in partnership with designers | $1.34M | 42/100 | ||
10th | Online platform offering designer jewellery | $1.12M | 41/100 | ||
34th | Provider of silver jewelry | $1.89M | 30/100 |
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Mabel's Latest cap tables and shareholding
Founders own 24.09%, Funds (largest shareholder) own 34.80%, Enterprises own 5.77% and Angels own 2.06%. The net worth of Mabel's founders is INR 3.61Cr as of Oct 31, 2024.
Shareholders Name | Post Round Holding % | Net worth | Cumulative Investment | Realised Returns | Unrealised Returns | Return Multiple |
|---|---|---|---|---|---|---|
Founder | 24.09% | 3.61Cr | 9626599 | 3436116 | 8971087 | 5079734 |
6883920 | 9251550 | 6088604 | 8036024 | 5317690 | 3317208 | |
Fund | 34.80% | 5.22Cr | 1964273 | 1328244 | 8424989 | 5878922 |
7823254 | 8392246 | 7331367 | 9894563 | 2369563 | 1182017 | |
8707364 | 2376991 | 3802657 | 4224008 | 1538338 | 7172966 | |
726423 | 929402 | 846432 | 988149 | 974263 | 638028 | |
Enterprise | 5.77% | 86.5L | 69661 | 37486 | 81701 | 27790 |
Angel | 2.06% | 31L | 87 | 41 | 94 | 53 |
Other People | 26.10% | 3.92Cr | 9909087 | 8849232 | 8727884 | 8631907 |
ESOP Pool | 7.17% | 1.08Cr | 7292944 | 9934291 | 6198495 | 9017605 |
Total | 99.99% | 15Cr | 9762815 | 2242741 | 9314280 | 4540584 |
To unlock detailed Cap Table of Mabel 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 Mabel's Shareholding
Mabel's Investments and acquisitions
Mabel has made no investments or acquisitions yet.
Reports related to Mabel
Here is the latest report on Mabel's sector:
News related to Mabel
•
Mabel to scale up operations following $1.5 million funding roundFashion Network•Jan 05, 2023•Mabel, Whiteboard Venture Partners, Sauce, Incubate Fund
•
Jewellery marketplace Mabel raises $1.5 Mn in Seed roundEntrackr•Dec 08, 2022•Whiteboard Venture Partners, Sauce, Incubate Fund India, Mable Jewelry and 1 other
Get curated news about company updates, funding rounds, M&A deals and others. Sign up today!Are you a Founder ?
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