Onest - About the company
Onest is a seed company based in Mumbai (India), founded in 2020. It operates as a Provider of personal care, home care, and food products. Onest has raised $1.7M in funding from Glentrade, with a current valuation of ₹*****. The company has 1184 active competitors, including 59 funded and 33 that have exited. Its top competitors include companies like Pilgrim, Mamaearth and MCaffeine.
Company Details
Provider of personal care, home care, and food products. It includes food products, household and industrial product brands. It offers a comprehensive portfolio of products and services in the FMCG sector.
- Website
- onestltd.com
- Social
- Email ID
- *****@onestltd.com
- Phone Number
- +91 **********
- Registered Address
- 2nd Floor, Unit 11/C, Techniplex 2, S V Road, Near Witty International School, Goregaon West, Malad, Mumbai, Malad West, Maharashtra, India, 400062
Key Metrics
Founded Year
2020
Location
Mumbai, India
Stage
Seed
Total Funding
$1.7M in 2 rounds
Latest Funding Round
Post Money Valuation
₹***** as on Mar 20, 2023
Ranked
137th among 1184 active competitors
Annual Revenue
₹100 - ₹500 Cr as on Mar 31, 2024
Employee Count
44 as on May 31, 2025
Similar Companies
Legal entities associated with Onest
Onest is associated with 1 legal entity given below:
Legal Entity Name | Date of Incorporation | Revenue | Latest Employee Count | Documents |
|---|---|---|---|---|
ONEST LIMITED CIN: U74999MH2018PLC304191 , India, Active | Jan 16, 2018 | ₹100 - ₹500 Cr (As on Mar 31, 2024) | 44 (As on May 31, 2025) |
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Onest's funding and investors
Onest has raised a total funding of $1.7M over 2 rounds. Its first funding round was on Dec 30, 2021. Its latest funding round was a Angel round on Mar 20, 2023 for $*****. 1 investor participated in its latest round. Onest has 12 institutional investors and 26 angel investors.
Here is the list of recent funding rounds of Onest:
Date of Funding | Funding Amount | Round Name | Post-Money Valuation | Revenue Multiple | Lead Investors | Other Investors |
|---|---|---|---|---|---|---|
Mar 20, 2023 | 7470198 | Angel | 9218124 | 6318179 | 3325815 | 7150924 |
Dec 30, 2021 | 6621758 | Seed | 8243080 | 5595557 |
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Onest's founders and board of directors
Founder? Claim ProfileOnest's Board of Directors
Onest's board has 7 active members. Pawan Kumar Gupta is part of team and Sudhir Kaushik, Neena Sharma, Reshma Ramchandra Nikam, Rajiv Ghanshyam Bhirud, Alok Kumar Jaiswal and Anuja Ajit Dindore are independent board members.Here is the list of Onest's board of directors:
Name | Type | Representing | Status | Duration |
|---|---|---|---|---|
obnecri | Team | - | Current | 4y 8m |
Independent board member | - | Current | 2y 11m | |
ekknesp | Independent board member | - | Current | 4y 2m |
cjkzyxe | Independent board member | - | Current | 7y 7m |
lhvjowf | Independent board member | - | Current | 1y 2m |
glgcshx | Independent board member | - | Past | 5y 4m |
lsc{y{e | Independent board member | - | Past | 4y 5m |
Onest's employee count trend
Onest has 44 employees as of May 25. The total employee count is 14.0% lower than what it was in May 24. Here is Onest's employee count trend over the years:
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Onest's Competitors and alternates
Top competitors of Onest include Pilgrim, Mamaearth and MCaffeine. Here is the list of Top 10 competitors of Onest, ranked by Tracxn score:
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Rank | Company Details | Short Description | Total Funding | Investors | Tracxn Score |
|---|---|---|---|---|---|
1st | Online brand offering multi-category natural beauty care products | $50M | 76/100 | ||
2nd | Online brand offering toxin-free beauty products | $89.3M | 73/100 | ||
3rd | Online retailer of caffeinated skin and hair care products | $50.6M | 73/100 | ||
4th | L'Occitane 1976, Paris (France), Public | Beauty and personal care brand | $10M | 72/100 | |
5th | Platform for beauty and personal care products | - | - | 72/100 | |
6th | Provider of D2C personal care brand powered by science and nature | $12.8M | 70/100 | ||
7th | Online platform offering beauty and skincare products | $17M | 70/100 | ||
8th | Internet first brand of skin & hair care, and makeup products for men and women | - | 69/100 | ||
9th |  The Good Glamm Group 2015, Delhi (India), Deadpooled | Brand of beauty and personal care products | $352M | 67/100 | |
10th | Platform offering multi-category beauty and skincare products | $19.2M | 67/100 | ||
137th | Provider of personal care, home care, and food products | $1.7M | 36/100 |
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Onest's Latest cap tables and shareholding
Founders (largest shareholder) own 88.38%, Enterprises own 7.39%, Angels own 3.96% and Other People own 0.25%. The net worth of Onest's founders is INR 179Cr as of Mar 20, 2023.
Shareholders Name | Post Round Holding % | Net worth | Cumulative Investment | Realised Returns | Unrealised Returns | Return Multiple |
|---|---|---|---|---|---|---|
Founder | 88.38% | 179Cr | 4825586 | 1157433 | 5683737 | 4609588 |
Enterprise | 7.39% | 15Cr | 4176430 | 4489123 | 3445751 | 9647202 |
Angel | 3.96% | 8.07Cr | 640 | 382 | 477 | 185 |
0 | 0 | 0 | 0 | 0 | 0 | |
0 | 0 | 0 | 0 | 0 | 0 | |
Other People | 0.25% | 50.4L | 0 | 0 | 0 | 0 |
Other Investors | 0.01% | 1.2L | 0 | 0 | 0 | 0 |
Total | 99.99% | 203Cr | 7951919 | 7763776 | 3823159 | 8096985 |
To unlock detailed Cap Table of Onest 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 Onest's Shareholding
Onest's Investments and acquisitions
Onest has made no investments or acquisitions yet.
Reports related to Onest
Here is the latest report on Onest's geography:
News related to Onest
•
Open networks to solve India’s inclusion and innovation challengesExpress Computer•Aug 31, 2023•Onest
•
•
Onest Limited Launches India's First Value Brand in Personal Care and Home Care SegmentAsian News International•May 09, 2022•Onest
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