When was Olive Theory founded?

Olive Theory was founded in 2012 and raised its 1st funding round 1 year after it was founded.

Where is Olive Theory located?

Olive Theory is headquartered in Mumbai, India. It is registered at VIRWANI INDL ESTATE, SHOP NO. A-101, OPP. WESTERN EXP HIGHWAY, GOREGAON (E), Mumbai, Maharashtra, India, 400063.

Which legal entities is Olive Theory associated with?

Olive Theory is associated with HOME CRAFT ONLINE PRIVATE LIMITED and 2 others.

How many employees does Olive Theory have?

As of Oct 31, 2024, Olive Theory has 22 employees, reflecting a 24% year-over-year decline in headcount.

Is Olive Theory a funded company?

Olive Theory is a funded company, having raised a total of $3.45M across 8 funding rounds to date. The company's 1st funding round was a $***** Series A round, raised on May 30, 2013.

How much is Olive Theory worth?

The latest valuation of Olive Theory is ₹***** as of Feb 14, 2025.

When was the latest funding round of Olive Theory?

Olive Theory's latest funding was a $***** Series A round on Feb 14, 2025, with participation from 14 investors. Its primary sector is Home Improvements. In India, the Home Improvements sector has seen $18.2M in funding in 2026 to date.

What is the annual revenue of Olive Theory?

Annual revenue of Olive Theory is ₹55Cr as on Mar 31, 2025.

Where does Olive Theory rank among its competitors?

Olive Theory ranks 1st amongst 1 active competitors, only 1 of which is funded. Olive Theory, which secured $518K in Feb, 2025.

Olive Theory - 2026 Company Profile, Team, Funding & Financials

Company Details

Online product discovery platform offering visual search for home-improvement products. It allows users to upload photos of products such as bedding, decor, kitchenware, textiles, kitchen appliances, furniture, and more. The app is available for iOS users.

Website: www.olivetheory.com
Social
Phone Number: +91 **********
Part Of
Registered Address: VIRWANI INDL ESTATE, SHOP NO. A-101, OPP. WESTERN EXP HIGHWAY, GOREGAON (E), Mumbai, Maharashtra, India, 400063

Key Metrics

Founded Year

2012

Location

Mumbai, India

Stage

Series A

Total Funding

$3.45M in 8 rounds

Latest Funding Round

Series A, Feb 14, 2025, $*****

Post Money Valuation

₹***** as on Feb 14, 2025

Investors

Blume Venture & 45 more

Ranked

1^st among 1 active competitor

Annual Revenue

₹55Cr as on Mar 31, 2025

Employee Count

22 as on Oct 31, 2024

Investment & Acquisitions

Crude Area & 1 more

Similar Companies

Hullabalook & 3 more

View Olive Theory's full profile

Olive Theory is associated with 3 legal entities given below:

Legal Entity Name	Date of Incorporation	Revenue	Latest Employee Count
ENCOMPASS DESIGN INDIA LIMITED CIN: L74210MH2010PLC200672 , India, Active	Mar 09, 2010	$6.51M (As on Mar 31, 2025)	27 (As on Aug 01, 2025)
OTH ONLINE PRIVATE LIMITED CIN: U74999MH2017PTC293637 , India, Active	Apr 10, 2017	$2.45K (As on Mar 31, 2024)	17 (As on Jun 30, 2022)
HOME CRAFT ONLINE PRIVATE LIMITED CIN: U74900MH2015PTC268690 , India, Active	Sep 24, 2015	$596 (As on Mar 31, 2025)	10 (As on Sep 30, 2018)

Olive Theory has raised a total funding of $3.45M over 8 rounds. Its first funding round was on May 30, 2013. Its latest funding round was a Series A round on Feb 14, 2025 for $*****. 14 investors participated in its latest round. Olive Theory has 11 institutional investors and 35 angel investors.

Here is the list of recent funding rounds of Olive Theory:

Filter this list

Date of Funding	Funding Amount	Round Name	Post-Money Valuation	Revenue Multiple	Lead Investors	Other Investors
Feb 14, 2025	3013175	Series A	5216190	3182579	8730208	4195061
May 08, 2024	8167433	Series A	8940831	9867196	5434728	Anurag Goel & 3 more
Oct 05, 2016	8090995	Series A	5183838	2783228	Blume Venture	8757639

Access funding benchmarks and valuations. Sign up today!

View details of Olive Theory's funding rounds and investors

The founders of Olive Theory are Amit Dalmia, Vijay Agarwal, Arunanshu Agarwal and Susmita Dalmia.

Here are the details of Olive Theory's key team members:

Amit Dalmia: Founder & Managing Director of Olive Theory and founder of 3 other companies, Edipl, Accio and Bedbathmore.com. They are also an angel investor in 28 startups and serve on the boards of 2 companies.
Contact Info: 1 email address and 1 phone number
Vijay Agarwal: Founder of Olive Theory. They are also an angel investor in 1 startup.
Arunanshu Agarwal: Founder of Olive Theory. They are also an angel investor in 1 startup and serve on the board of 1 company.
Susmita Dalmia: Co-Founder & Director of Olive Theory. They are also an angel investor in 2 startups.

Olive Theory's Board of Directors

Olive Theory's board has 2 active members. Amit Dalmia and Manoj Kumar Moorjani are part of team.

Here is the list of Olive Theory's board of directors:

Name	Type	Representing	Status	Duration
Amit Dalmia	Team	-	Current	10y 5m
izgwhfd	Team	-	Past	8y 9m
geniuot	Team	-	Past	8y 9m

View details of Olive Theory's Founder profiles and Board Members

Olive Theory's employee count trend

Olive Theory has 22 employees as of Oct 24. The total employee count is 24.0% lower than what it was in Oct 23. Here is Olive Theory's employee count trend over the years: