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Pilgrim - About the company

Pilgrim is a series B company based in Mumbai (India), founded in 2019 by Gagan Deep Makker and Anurag Kedia. It operates as an Online brand offering multi-category natural beauty care products. Pilgrim has raised $50M in funding from investors like Fireside Ventures, Vertex Ventures and NSFO, with a current valuation of $*****. The company has 679 active competitors, including 43 funded and 12 that have exited. Its top competitors include companies like Innovist, mCaffeine and Honasa Consumer.

Company Details

Online brand offering multi-category natural beauty care products. It includes face wash, serums, shampoo, hair mask, body scrub, body butter, fragrances, mens care products, and more. The claims the products are natural ingredient, vegan, no chemical products.
Social
Facebook
Email ID
*****@discoverpilgrim.com
Phone Number
+91 **********
Registered Address
803, 8th Floor, Wing E of Times Square Building, Andheri Kurla Road, Marol, Andheri East, Mumbai Maharashtra, Marol Naka, Mumbai, Mumbai, Maharashtra, India, 400059
Key Metrics
Founded Year
2019
Location
Mumbai, India
Stage
Series B
Total Funding
$50M in 8 rounds
Latest Funding Round
Post Money Valuation
$***** as on Mar 18, 2025
Ranked
Annual Revenue
₹100 - ₹500 Cr as on Mar 31, 2025
Employee Count
438 as on Aug 31, 2025
Similar Companies
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Pilgrim's funding and investors

Pilgrim has raised a total funding of $50M over 8 rounds. Its first funding round was on Nov 06, 2019. Its latest funding round was a Series B round on Mar 13, 2025 for $*****. 6 investors participated in its latest round. Pilgrim has 15 institutional investors and 40 angel investors.

Here is the list of recent funding rounds of Pilgrim:lockFilter this list
Date of Funding
Funding Amount
Round Name
Post-Money Valuation
Revenue Multiple
Lead Investors
Other Investors
Mar 13, 2025
8645614
Series B
5577633
5083323
1042644
3505536
Aug 13, 2024
9010820
Series B
5431628
2466740
2883002
Aug 23, 2023
5481224
Series B
1231198
4009016
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Pilgrim's founders and board of directors

Founder? Claim Profile
The founders of Pilgrim are Gagan Deep Makker and Anurag Kedia. Anurag Kedia is the CEO of Pilgrim.
Here are the details of Pilgrim's key team members:

Pilgrim's Board of Directors

Pilgrim's board has 4 active members. Vinay Singh, Kanika Mayar, Gagan Deep Makker and Anurag Kedia are part of team.
Here is the list of Pilgrim's board of directors:
Name
Type
Representing
Status
Duration
Team
-
Current
7y 1m
Team
-
Current
7y 1m
Investor
-
Current
5y 3m
Investor
-
Current
3y 1m

Pilgrim's employee count trend

Pilgrim has 438 employees as of Aug 25. The total employee count is 58.0% more than what it was in Aug 24. Here is Pilgrim's employee count trend over the years:
Employee count trend for Pilgrim
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Pilgrim's Competitors and alternates

Top competitors of Pilgrim include Innovist, mCaffeine and Honasa Consumer. Here is the list of Top 10 competitors of Pilgrim, ranked by Tracxn score:
Rank
Company Details
Short Description
Total Funding
Investors
Tracxn Score
1st
Logo for Innovist
Innovist
2018, Gurugram (India), Acquired
Retailer of personal care products for hair skin and sun
$19.2M
78/100
2nd
Logo for Pilgrim
Pilgrim
2019, Mumbai (India), Series B
Online brand offering multi-category natural beauty care products
$50M
76/100
3rd
Logo for mCaffeine
mCaffeine
2015, Mumbai (India), Series C
Retailer of caffeinated skin and hair care products
$48.4M
74/100
4th
Logo for Honasa Consumer
Honasa Consumer
2016, Gurugram (India), Public
Retailer of beauty and personal care products with digital presence
$126M
73/100
5th
Logo for Be Bodywise
Be Bodywise
2021, Mumbai (India), Funding Raised
Online brand offering multi-category beauty, health, and wellness products
-
69/100
6th
Logo for The Good Glamm Group
The Good Glamm Group
2015, Delhi (India), Deadpooled
Brand of beauty and personal care products
$352M
66/100
7th
Logo for MyGlamm
MyGlamm
2015, Mumbai (India), Unfunded
Platform for beauty and personal care products
-
-
65/100
8th
Logo for Plum
Plum
2013, Thane (India), Series C
Internet first brand of vegan skincare, haircare, body care, and fragrance products
$51.7M
65/100
9th
Logo for Believe
Believe
2019, Singapore (Singapore), Series C
Manufacturer of vegan and cruelty free halal certified personal products
$81.2M
64/100
10th
Logo for WishCare
WishCare
2019, Kolkata (India), Seed
Retailer of skincare and hair care products for personal grooming
$2.4M
63/100
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Pilgrim's Latest cap tables and shareholding

Founders own 40.57%, Funds (largest shareholder) own 48.08%, Enterprises own 0.89% and Angels own 4.18%. The net worth of Pilgrim's founders is INR 1,340Cr as of Mar 13, 2025.
Shareholders Name
Post Round Holding %
Net worth
Cumulative Investment
Realised Returns
Unrealised Returns
Return Multiple
Founder
40.57%
1,340Cr
4519903
3343746
3862130
6462956
2177635
6464430
5502979
2322357
1837006
9356516
1665548
7184607
8578067
8715459
7101537
8258134
Fund
48.08%
1,590Cr
5291835
4229521
3777833
8058494
7105115
5475919
4425712
7101003
9198381
9161681
4456756
9941483
2579814
9158943
4804441
7075108
2
3
4
2
6
6
Enterprise
0.89%
29.5Cr
0
0
0
0
Angel
4.18%
138Cr
2711
6633
9505
8217
ESOP Pool
6.04%
199Cr
689951
743490
564791
977809
Other Investors
0.24%
7.86Cr
0
0
0
0
Total
100.00%
3,300Cr
6394140
2856759
2343542
7041026
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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 Pilgrim's Shareholding

Pilgrim's Investments and acquisitions

Pilgrim has made no investments or acquisitions yet.

Reports related to Pilgrim

Here is the latest report on Pilgrim's sector:

News related to Pilgrim

lockFilter this list
Media has covered Pilgrim for 1 event in last 1 year, It was about company updates.
•
•
Pilgrim Wins 'best Hair Care Brand' at Myntra's Rising Star D2c SummitAsian News International•Nov 29, 2024•Pilgrim
•
Shreya Kejriwal joins Pilgrim as Vice President of HRPeople Matters•Mar 13, 2024•Pilgrim, Godrej
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