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Phool - About the company

Phool is a series A company based in Kanpur (India), founded in 2017 by Ankit Agarwal. It operates as a D2C eco-friendly brand turning temple flower waste into luxury incense and wellness products. Phool has raised $12.7M in funding from investors like Draper Richards Kaplan Foundation, Indian Institute of Technology Kanpur and Social Alpha, with a current valuation of *****. The company has 33 active competitors, including 4 funded and 1 that has exited. Its top competitors include companies like Hoovu, House of Mangalam and Zedblack.

Company Details

D2C eco-friendly brand turning temple flower waste into luxury incense and wellness products.It provides biomaterials and sustainability startup that collects temple flowers and upcycles them into charcoal-free incense, incense cones, wellness products, and related circular-economy goods. The brand is positioned around ethical, handcrafted, and environmentally friendly products, while also creating livelihoods for marginalized women through its flowercycling model.
Website
phool.co
Social
XFacebook
Email ID
*****@phool.co
Phone Number
+91 **********
Registered Address
Arazi Number 428,429 Bhaunti, Pratappur, Kalyanpur, Kanpur, Kanpur, Uttar Pradesh, India, 209305
Key Metrics
Founded Year
2017
Location
Kanpur, India
Stage
Series A
Total Funding
$12.7M in 9 rounds
Latest Funding Round
Post Money Valuation
***** as on Apr 05, 2022
Ranked
Annual Revenue
₹50 - ₹100 Cr as on Mar 31, 2025
Employee Count
253 as on Mar 31, 2026
Similar Companies
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Phool's funding and investors

Phool has raised a total funding of $12.7M over 9 rounds. Its latest funding round was a Series A round on Apr 05, 2022 for $*****. 4 investors participated in its latest round. Phool has 12 institutional investors and 21 angel investors.

Here is the list of recent funding rounds of Phool:lockFilter this list
Date of Funding
Funding Amount
Round Name
Post-Money Valuation
Revenue Multiple
Lead Investors
Other Investors
Apr 05, 2022
2067199
Series A
3763347
8708686
5383173
8976277
Jul 14, 2021
8827203
Series A
3762814
4012001
6960973
May 13, 2021
8825156
Series A
1820132
8965197
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Phool's founders and board of directors

Founder? Claim Profile
The founders of Phool is Ankit Agarwal. Ankit Agarwal is the CEO of Phool.
Here are the details of Phool's key team members:

Phool's Board of Directors

Phool's board has 6 active members. Nikhil Kishorchandra Vora, Ankit Agarwal, Manoj Kumar, Madhav Sikka, Nathalie Katrina Laidler Kylander and Prateek Kumar are part of team.
Here is the list of Phool's board of directors:
Name
Type
Representing
Status
Duration
Team
-
Current
8y 10m
Team
-
Current
8y 10m
Investor
-
Current
3y 8m
Investor
-
Current
7y 1m
qvdzmkc
Investor
{jcfhcg
Current
9y 6m
qhdp{eu
Investor
iohggev
Past
4y 4m

Phool's employee count trend

Phool has 253 employees as of Mar 26. The total employee count is 22.0% more than what it was in Mar 25. Here is Phool's employee count trend over the years:
Employee count trend for Phool
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Phool's Competitors and alternates

Top competitors of Phool include Hoovu, House of Mangalam and Zedblack. Here is the list of Top 10 competitors of Phool, ranked by Tracxn score:
Rank
Company Details
Short Description
Total Funding
Investors
Tracxn Score
1st
Logo for Phool
Phool
2017, Kanpur (India), Series A
D2C eco-friendly brand turning temple flower waste into luxury incense and wellness products
$12.7M
55/100
2nd
Logo for Hoovu
Hoovu
2019, Bengaluru (India), Seed
Internet-first brand offering religious flowers
$1.18M
48/100
3rd
Logo for House of Mangalam
House of Mangalam
2020, Mumbai (India), Unfunded
Manufacturer of camphor-based products for air freshening, home care, skincare, and puja needs
-
-
46/100
4th
Logo for Zedblack
Zedblack
2015, Indore (India), Unfunded
Internet first brand of incense sticks
-
-
44/100
5th
Logo for Nytarra
Nytarra
2020, Delhi (India), Seed
Online brand offering aroma products for personal care and home decor
$139K
41/100
6th
Logo for Nirmalaya
Nirmalaya
2020, Delhi (India), Seed
Online retailer of fragrances, incense, essential oils, and related accessories
$1.65M
40/100
7th
Logo for TDPL
TDPL
1997, Madurai (India), Unfunded
E commerce platform offering a range of religious products
-
-
32/100
8th
Logo for Helpusgreen
Helpusgreen
2015, Kanpur (India), Funding Raised
Online private label brand for organic products
-
32/100
9th
Logo for Har Ghar Puja
Har Ghar Puja
2024, Noida (India), Unfunded
Provider of puja items and related spiritual content
-
-
30/100
10th
Logo for Darshan Incense
Darshan Incense
1987, Bengaluru (India), Unfunded
Manufacturer of incense sticks, dhoop cones, and related fragrance products
-
-
28/100
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Phool's Latest cap tables and shareholding

Founders own 31.51%, Funds (largest shareholder) own 54.34%, Enterprises own 3.11% and Angels own 6.88%. The net worth of Phool's founders is INR 55.2Cr as of Apr 05, 2022.
Shareholders Name
Post Round Holding %
Net worth
Cumulative Investment
Realised Returns
Unrealised Returns
Return Multiple
Founder
31.51%
55.2Cr
7098457
9493308
5411330
2042954
9822537
2685427
6805849
3190461
4869047
7802443
Fund
54.34%
95.2Cr
1078859
1455345
4700585
9019495
5978216
3794127
4359722
9022015
4593962
8158102
0
0
0
0
0
0
0
0
0
0
0
0
Enterprise
3.11%
5.44Cr
952
685
583
825
Angel
6.88%
12.1Cr
576417
555254
892505
561689
0
0
0
0
0
0
38
30
56
82
25
17
Other People
0.66%
1.15Cr
0
0
0
0
ESOP Pool
3.50%
6.13Cr
402
880
994
515
Total
100.00%
175Cr
7562097
8236535
9178869
7529093
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Notes: The column Net Worth represents the net worth of investments made by that entity, as per the latest cap table.
Disclaimer
View more details of Phool's Shareholding

Phool's Investments and acquisitions

Phool has made no investments or acquisitions yet.

Reports related to Phool

Here is the latest report on Phool's geography:

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