Ode Spa Wellness - About the company
Ode Spa Wellness is a series A company based in Hyderabad (India), founded in 2007 by Ritesh Reddy Mastipuram and Swetha Reddy. It operates as a Provider of spa services. Ode Spa Wellness has raised $15M in funding from BanyanTree Finance. The company has 248 active competitors, including 3 funded and 5 that have exited. Its top competitors include companies like Tattva Spa, Looks Salon and Sanghvi Brands.
Company Details
- Website
- odespa.com
- Social
- Email ID
- *****@odespa.com
- Phone Number
- +91 **********
- Registered Address
- Unit 7A/1 to 3, 7th Floor, Vashnavi s Cymbol, Survey No. 345/A, Puppalaguda Village, Gachibowli, K.V.Rangareddy, Seri Lingampally, Telangana, India, 500032
Key Metrics
Founded Year
2007
Location
Hyderabad, India
Stage
Series A
Total Funding
$15M in 1 round
Latest Funding Round
Investors
Ranked
7th among 248 active competitors
Annual Revenue
₹10 - ₹50 Cr as on Mar 31, 2025
Employee Count
239 as on Sep 30, 2026
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Legal entities associated with Ode Spa Wellness
Ode Spa Wellness is associated with 2 legal entities given below:
Legal Entity Name | Date of Incorporation | Revenue | Latest Employee Count | Reports |
|---|---|---|---|---|
BSR WELLNESS PRIVATE LIMITED CIN: U93000TG2021PTC153884 , India, Active | Aug 06, 2021 | ₹10 - ₹50 Cr (As on Mar 31, 2025) | - | |
MASTI HEALTH AND BEAUTY PRIVATE LIMITED CIN: U85100TG2008PTC061011 , India, Active | Sep 12, 2008 | ₹10 - ₹50 Cr (As on Mar 31, 2025) | 13 (As on Apr 01, 2026) |
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Ode Spa Wellness's funding and investors
Ode Spa Wellness has raised a total funding of $15M over 1 round. Its latest funding round was a Series A round on Apr 07, 2016 for $*****. 1 investor participated in its latest round. Ode Spa Wellness has 1 institutional investor.
Here is the list of recent funding rounds of Ode Spa Wellness:
Date of Funding | Funding Amount | Round Name | Post-Money Valuation | Revenue Multiple | Lead Investors | Other Investors |
|---|---|---|---|---|---|---|
Apr 07, 2016 | 3288703 | Series A | 5453929 | 9958244 | 8357173 | 5226673 |
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Ode Spa Wellness' founders and board of directors
Founder? Claim ProfileThe founders of Ode Spa Wellness are Ritesh Reddy Mastipuram and Swetha Reddy. Ritesh Reddy Mastipuram is the CEO of Ode Spa Wellness.
Here are the details of Ode Spa Wellness' key team members:
- Ritesh Reddy Mastipuram: Co-Founder & CEO of Ode Spa Wellness. They serve on the board of 1 company.Contact Info: 1 email address and 1 phone number
- Swetha Reddy: Founder of Ode Spa Wellness and founder of 1 other company. They serve on the board of 1 company.
Ode Spa Wellness' Board of Directors
Ode Spa Wellness's board has 2 active members. Ritesh Reddy Mastipuram and Swetha Reddy are part of team.Here is the list of Ode Spa Wellness' board of directors:
Name | Type | Representing | Status | Duration |
|---|---|---|---|---|
Team | - | Current | 18y 0m | |
Team | - | Current | 18y 0m |
View details of Ode Spa Wellness's Founder profiles and Board Members
Ode Spa Wellness' employee count trend
Ode Spa Wellness has 239 employees as of Sep 26. Here is Ode Spa Wellness's employee count trend over the years:
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Ode Spa Wellness's Competitors and alternates
Top competitors of Ode Spa Wellness include Tattva Spa, Looks Salon and Sanghvi Brands. Here is the list of Top 10 competitors of Ode Spa Wellness, ranked by Tracxn score:
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Rank | Company Details | Short Description | Total Funding | Investors | Tracxn Score |
|---|---|---|---|---|---|
1st |  Tattva Spa 2009, Gurugram (India), Seed | Offers luxury spa and salon services | $409K | 55/100 | |
2nd |  Looks Salon 1989, Delhi (India), Early Stage | Provider of hair styling, spa treatments, and other services | $96.8K | 52/100 | |
3rd | Sanghvi Brands 2010, Mumbai (India), Public | Chain of salon & spa service and retail centers of beauty products | $10M | 41/100 | |
4th |  True REST Float Spa 2009, Nellore (India), Unfunded | Provider of spa services | - | - | 37/100 |
5th |  Meghavi Wellness 2017, Hyderabad (India), Unfunded | Provider of spa services | - | - | 33/100 |
6th | Four Fountains De-Stress Spa 2007, Mumbai (India), Deadpooled | Health spa | $1.36M | 32/100 | |
7th |  Ode Spa Wellness 2007, Hyderabad (India), Series A | Provider of spa services | $15M | 30/100 | |
8th | Shivas Signature Salon 1988, Mumbai (India), Unfunded | High-end hair salon offering luxury beauty services and spa treatments | - | - | 29/100 |
9th | Wellness services company providing massage therapy, personalized wellness options tailored for men, and various other services designed to cater to their holistic well-being needs | - | 26/100 | ||
10th | Provider of nail spa services | - | 26/100 |
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Ode Spa Wellness's Investments and acquisitions
Ode Spa Wellness has made no investments or acquisitions yet.
Reports related to Ode Spa Wellness
Here is the latest report on Ode Spa Wellness's geography:
News related to Ode Spa Wellness
•
Ode Spa Unveils 3rd Flagship at RGIA, Elevates Wellness TravelBusinessnewsthisweek•Apr 30, 2025•Ode Spa Wellness
•
•
O2 Spa to invest Rs 32 crore to up store count; launch personal care productsIndiatimes•Jul 20, 2017•Ode Spa Wellness, BanyanTree Finance
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