UrbanTouch - About the company
UrbanTouch is an acquired company based in Gurugram (India), founded in 2011 by Abhishek Goyal. It operates as an Online retailer of multi-category beauty and fashion products. UrbanTouch has raised $4.18M in funding from Tiger Global Management, with last known valuation of $*****. The company has 2067 active competitors, including 34 funded and 11 that have exited. Its top competitors include companies like Flipkart, Amazon and Meesho.
Company Details
UrbanTouch is an online retailer of multi-category apparel fashion and beauty products. The company offers products such as ethnic wear, western wear, skin care, hair care, cosmetics, and others. The company also offers the other product like wallet, bags, belts, etc. Some of the brands available on the platform are Kolestint, L'Oreal, YOYO fashion and Olay among others. The company has been acquired by FashionAndYou.
- Website
- urbantouch.com
- Email ID
- *****@urbantouch.com
- Phone Number
- +91 **********
- Registered Address
- 48, FIRST FLOOR, DVG ROAD BASAVANAGUDI, BANGALORE, Karnataka, India, 560004
Key Metrics
Founded Year
2011
Location
Gurugram, India
Stage
Acquired
Total Funding
$4.18M in 2 rounds
Latest Funding Round
Last Known Valuation
$***** as on Jan 19, 2012
Investors
Ranked
36th among 2067 active competitors
Annual Revenue
0 - ₹10 Cr as on Mar 31, 2024
Employee Count
11 as on Oct 31, 2026
Similar Companies
Exit Details
Acquired by Fashionandyou (Aug 28, 2012)
Legal entities associated with UrbanTouch
UrbanTouch is associated with 1 legal entity given below:
Legal Entity Name | Date of Incorporation | Revenue | Latest Employee Count | Reports |
|---|---|---|---|---|
REINDEER SOFTWARE SOLUTIONS PRIVATE LIMITED CIN: U72200KA2010PTC056374 , India, Active | Dec 28, 2010 | 0 - ₹10 Cr (As on Mar 31, 2024) | - |
UrbanTouch's acquisition details
UrbanTouch got acquired by Fashionandyou on Aug 28, 2012.
Click here to take a look at UrbanTouch's acquisition in detail
Sign up to download UrbanTouch's company profile
UrbanTouch's funding and investors
UrbanTouch has raised a total funding of $4.18M over 2 rounds. Its first funding round was on Mar 18, 2011. Its latest funding round was a Series A round on Jan 19, 2012 for $*****. 2 investors participated in its latest round. UrbanTouch has 2 institutional investors and 5 angel investors.
Here is the list of recent funding rounds of UrbanTouch:
Date of Funding | Funding Amount | Round Name | Post-Money Valuation | Revenue Multiple | Lead Investors | Other Investors |
|---|---|---|---|---|---|---|
Jan 19, 2012 | 8239490 | Series A | 4265113 | 6759867 | 5460904 | 1476979 |
Mar 18, 2011 | 3862523 | Seed | 7997985 | 4974670 |
View details of UrbanTouch's funding rounds and investors
UrbanTouch's founders and board of directors
Founder? Claim ProfileThe founders of UrbanTouch is Abhishek Goyal.
Here are the details of UrbanTouch's key team members:
- Abhishek Goyal: Former Founder of UrbanTouch and founder of 3 other companies, Tracxn Labs, Tracxn and Tracxn Syndicate. They are also an angel investor in 176 startups and serve on the boards of 2 companies.Contact Info: 1 email address and 1 phone number
UrbanTouch's Board of Directors
UrbanTouch's board has 1 active member. Abhishek Goyal is part of team.Here is the list of UrbanTouch's board of directors:
Name | Type | Representing | Status | Duration |
|---|---|---|---|---|
Team | - | Current | 15y 10m |
View details of UrbanTouch's Founder profiles and Board Members
UrbanTouch's employee count trend
UrbanTouch has 11 employees as of Oct 26. Here is UrbanTouch's employee count trend over the years:
Access Tracxn on any website
Install Tracxn ExtensionOur Google Chrome extension lets you view company details while browsing their websites
UrbanTouch's Competitors and alternates
Top competitors of UrbanTouch include Flipkart, Amazon and Meesho. Here is the list of Top 10 competitors of UrbanTouch, ranked by Tracxn score:
Get insights and benchmarks for competitors of 2M+ companies! Sign up today!
Rank | Company Details | Short Description | Total Funding | Investors | Tracxn Score |
|---|---|---|---|---|---|
1st | Online retailer of various products including electronics, fashion, and groceries | $12.1B | 89/100 | ||
2nd | Amazon 1994, Seattle (United States), Public | Online marketplace and cloud computing provider | $8M | 86/100 | |
3rd | Online marketplace providing a platform for individuals and small businesses to sell products across various categories | $1.63B | 84/100 | ||
4th | Online marketplace offering multi-category products from independent designers | $98M | 80/100 | ||
5th | eBay 1995, San Jose (United States), Public | Online retailer of electronics, cars, fashion, collectibles, sports, and more | - | 79/100 | |
6th | Online retailer of clothing, shoes, and home decor items | $1.77B | 73/100 | ||
7th | Nykaa Fashion 2012, Mumbai (India), Unfunded | Retailer of apparel, accessories, beauty products, home décor, and tech | - | - | 73/100 |
8th | Groupon 2007, Chicago (United States), Public | Online marketplace offering deals on multi-category products and services | $980M | 72/100 | |
9th | Online marketplace delivering a broad assortment of consumer goods, digital content, and cloud services to customers worldwide | - | - | 68/100 | |
10th | Wish Shopping 2009, San Francisco (United States), Acquired | Online marketplace platform offering multi-category consumer products | $929M | 62/100 | |
36th | UrbanTouch 2011, Gurugram (India), Acquired | Online retailer of multi-category beauty and fashion products | $4.18M | 41/100 |
Looking for more details on UrbanTouch's competitors? Click here to see the top ones
Financials of UrbanTouch
REINDEER SOFTWARE SOLUTIONS PRIVATE LIMITED, the legal entity associated with UrbanTouch, generated less than ₹10 Cr in revenue for the financial year ending on Mar 31, 2024. The revenue of REINDEER SOFTWARE SOLUTIONS PRIVATE LIMITED has a compounded annual growth rate (CAGR) of -25% in the last 1 year.
Financial Statement Summary
Metrics | FY 2023-24 | FY 2022-23 | FY 2021-22 | FY 2020-21 | FY 2019-20 |
|---|---|---|---|---|---|
Income Statement | |||||
Revenue | 9095 | 4769 | 4038 | 1856 | 6424 |
Total Sales | 5630 | 5261 | 3205 | 6448 | 8946 |
Total Expenses | 4201 | 1791 | 4578 | 9988 | 3033 |
Operating Expenses | 5687 | 3826 | 2385 | 3161 | 8988 |
Employee Expenses | 7887 | 1501 | 9101 | 8900 | 7736 |
Operating Income (EBIT) | 7692 | 9079 | 9456 | 1488 | 9020 |
Interest Expenses | 2157 | 3714 | 7785 | 3433 | 3585 |
Expenses from other activities | 2239 | 4437 | 8172 | 1169 | 6667 |
EBITDA | 6249 | 7097 | 7275 | 8220 | 1402 |
Taxes | 2522 | 6562 | 4235 | 7526 | 2082 |
Net Profit | 3415 | 1537 | 4090 | 7712 | 8708 |
Balance Sheet | |||||
Assets | 5586 | 5914 | 4182 | 8153 | 1106 |
Cash Equivalent | 7530 | 6847 | 8679 | 7766 | 9664 |
Accounts Receivables | 9817 | 8193 | 3619 | 6910 | 1952 |
Inventory | 7014 | 3519 | 6053 | 4479 | 9733 |
Liabilities | 1414 | 7584 | 5678 | 7459 | 6014 |
Total Debt | 7043 | 7073 | 4767 | 6807 | 1894 |
Accounts Payable | 1569 | 6541 | 9296 | 8746 | 2987 |
Equities | 6848 | 2780 | 2885 | 2728 | 1599 |
Cashflow Statement | |||||
Cash from Operating activities | 3340 | 5597 | 8866 | 3593 | 9022 |
Detailed Financials (Income Statement, Balance Sheet, Cashflow Statement)
UrbanTouch's Investments and acquisitions
UrbanTouch has made no investments or acquisitions yet.
Reports related to UrbanTouch
Here is the latest report on UrbanTouch's sector:
News related to UrbanTouch
•
FashionAndYou Acquires UrbanTouch for $30 Million; Abhishek Goyal New CEO YourStory•Aug 28, 2012•UrbanTouch, Accel, Tiger Global Management, Fashionandyou
Are you a Founder ?
FAQs about UrbanTouch
Explore our recently published companies
- Faversham Quarters - United Kingdom based, Unfunded company
- Siri Salon - Thailand based, Unfunded company
- Coastline Landscaping - Unfunded company
- Solwey - Austin based, 2016 founded, Unfunded company
- ContrivaPro - Unfunded company
- Shardae Writes - Washington based, Unfunded company