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Recode Studios - About the company

Recode Studios is a public company based in Ludhiana (India), founded in 2018 by Dheeraj Bansal. It operates as an Internet first brand of multi category makeup care products. Recode Studios has raised $493K in funding. The company has 887 active competitors, including 71 funded and 18 that have exited. Its top competitors include companies like Innovist, Pilgrim and Renee Cosmetics.

Company Details

Social
XFacebook
Email ID
*****@recodestudios.com
Phone Number
+91 **********
Registered Address
R-89, Phase V Focal Point, Ludhiana, Focal Point, Ludhiana, Ludhiana, Punjab, India, 141010
Key Metrics
Founded Year
2018
Location
Ludhiana, India
Stage
Public
Total Funding
$493K in 1 round
Latest Funding Round
Ranked
Annual Revenue
₹50 - ₹100 Cr as on Mar 31, 2026
Employee Count
20 as on Aug 31, 2025
Investment & Acquisitions
Similar Companies
Exit Details
Public

Recode Studios's IPO details

Recode Studios got listed on May 12, 2026.
Click here to take a look at Recode Studios's IPO in detail
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Recode Studios's funding and investors

Recode Studios has raised a total funding of $493K over 1 round. Its latest funding round was a Seed round on Feb 04, 2023 for $*****. 13 investors participated in its latest round. Recode Studios has 1 institutional investor and 14 angel investors.

Here is the list of recent funding rounds of Recode Studios:
Date of Funding
Funding Amount
Round Name
Post-Money Valuation
Revenue Multiple
Lead Investors
Other Investors
Feb 04, 2023
2191596
Seed
5288397
3994717
3433134
9398305
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Recode Studios' founders and board of directors

Founder? Claim Profile
The founders of Recode Studios is Dheeraj Bansal. Dheeraj Bansal is the CEO of Recode Studios.
Here are the details of Recode Studios' key team members:

Recode Studios' Board of Directors

Recode Studios's board has 8 active members. Rahul Sachdeva is part of team and Sarat Kumar Mishra, Manoj Kumar, Shalini Trehan, Dheeraj Bansal, Karan Bansal, Naveen Gupta and Shelly Bansal are independent board members.
Here is the list of Recode Studios' board of directors:
Name
Type
Representing
Status
Duration
gdklhhq
Team
-
Past
5y 1m
Independent board member
-
Current
1y 1m
zdbefli
Independent board member
-
Current
8y 6m
vwsaesi
Independent board member
-
Current
5y 5m
hsqzhoj
Independent board member
-
Current
1y 9m
du{ftqz
Independent board member
-
Current
1y 5m
upxeirq
Independent board member
-
Current
5y 2m
ilgemie
Independent board member
-
Current
3y 8m

Recode Studios' employee count trend

Recode Studios has 20 employees as of Aug 25. The total employee count is 25.0% more than what it was in Aug 24. Here is Recode Studios's employee count trend over the years:
Employee count trend for Recode Studios
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Recode Studios's Competitors and alternates

Top competitors of Recode Studios include Innovist, Pilgrim and Renee Cosmetics. Here is the list of Top 10 competitors of Recode Studios, 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 Renee Cosmetics
Renee Cosmetics
2019, Ahmedabad (India), Series C
Online retailer of cosmetics, fragrances, skincare, and beauty accessories
$55.2M
75/100
4th
Logo for mCaffeine
mCaffeine
2015, Mumbai (India), Series C
Retailer of caffeinated skin and hair care products
$48.4M
74/100
5th
Logo for Honasa Consumer
Honasa Consumer
2016, Gurugram (India), Public
Retailer of beauty and personal care products with digital presence
$126M
73/100
6th
Logo for Nat Habit
Nat Habit
2018, Gurugram (India), Series B
Online platform offering beauty and skincare products
$18.6M
70/100
7th
Logo for Be Bodywise
Be Bodywise
2021, Mumbai (India), Funding Raised
Online brand offering multi-category beauty, health, and wellness products
-
69/100
8th
Logo for FAE Beauty
FAE Beauty
2019, Mumbai (India), Seed
Online retailer of cosmetic products including makeup and skincare items
$3.71M
67/100
9th
Logo for The Good Glamm Group
The Good Glamm Group
2015, Delhi (India), Deadpooled
Brand of beauty and personal care products
$352M
66/100
10th
Logo for Typsy Beauty
Typsy Beauty
2021, Gurugram (India), Seed
Retailer of makeup products including lipsticks eyeshadows and face cosmetics
$7.45M
66/100
28th
Logo for Recode Studios
Recode Studios
2018, Ludhiana (India), Public
Internet first brand of multi category makeup care products
$493K
53/100
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Looking for more details on Recode Studios's competitors? Click here to see the top ones

Recode Studios's Investments and acquisitions

Recode Studios has acquired Aflairza. Recode Studios has not made any investments as of now.

Reports related to Recode Studios

Here is the latest report on Recode Studios's sector:

News related to Recode Studios

lockFilter this list
Media has covered Recode Studios for a total of 3 events in the last 1 year, 1 of them has been about company updates.
•
•
Recode Studios Expands Presence with New Store in Rajkot, GujaratBusinessnewsthisweek•Jun 18, 2025•Recode Studios
•
Recode Studios Opens Flagship Store in BangaloreBusinessnewsthisweek•May 14, 2025•Recode Studios
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Recode Studios opens 20th India store in GuwahatiFashion Network•Mar 10, 2025•Recode Studios
•
Recode Studios Continues Expansion, Opens 18th Store in Mulund West, MumbaiBusinessnewsthisweek•Sep 04, 2024•Recode Studios
•
Recode Studios opens 17th India store in LucknowFashion Network•Aug 02, 2024•Recode Studios
•
Recode Studios enters South Indian market with store in ChennaiFashion Network•Apr 19, 2024•Recode Studios
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