When was Velnik founded?

Velnik was founded in 2017 and raised its 1st funding round 4 years after it was founded.

Where is Velnik located?

Velnik is headquartered in Indore, India. It is registered at Khasra Nos. 287, 287/5, 305, 305/2, 306, 306/3, 307/1 to 307/4, Pali-Beawar Highway, Gram Khokhra, Tehsil Sojat, Khokhra, Pali, Sojat, Rajasthan, India, 306306.

Which legal entities is Velnik associated with?

Velnik is associated with Velnik India Limited and 3 others.

How many employees does Velnik have?

As of May 31, 2026, the latest employee count at Velnik is 1767.

Is Velnik a funded company?

Velnik is a funded company, having raised a total of $4.42M across 4 funding rounds to date. The company's 1st funding round was a $***** Conventional Debt round, raised on Apr 21, 2021.

How much is Velnik worth?

The latest valuation of Velnik is $***** as of Apr 30, 2022.

When was the latest funding round of Velnik?

Velnik's latest funding was a $***** Series A round on Apr 30, 2022, with participation from 15 investors.

What is the annual revenue of Velnik?

Annual revenue of Velnik is between ₹100 Cr and ₹500 Cr as on Mar 31, 2025

Where does Velnik rank among its competitors?

Velnik ranks 8th amongst 134 active competitors, of which 3 are funded. It stands 3rd in terms of total funding among its competitors. The most recent competitor to raise funding was Pontika Aerotech, which secured an undisclosed amount in Sep, 2024.

Who are the top competitors of Velnik?

Velnik's top competitors include JHS Svendgaard Laboratories, HFL and Pontika Aerotech. Among them, Pontika Aerotech secured the most recent funding round in September, 2024.

Velnik - 2026 Company Profile, Team, Funding, Competitors & Financials

Company Details

Manufacturer of hair care, personal care, and hygiene products. This business focuses on developing and producing a diverse range of items including hair color, hair removal creams, mehendi powder, and sanitary products. The company utilizes advanced manufacturing facilities and research laboratories to ensure product quality and adherence to international standards. Operations emphasize the creation of solutions that support daily wellness and personal care routines through consistent performance and innovation.

Website: velnik.com
Social
Email ID: *****@velnik.com
Phone Number: +91 **********
Registered Address: Khasra Nos. 287, 287/5, 305, 305/2, 306, 306/3, 307/1 to 307/4, Pali-Beawar Highway, Gram Khokhra, Tehsil Sojat, Khokhra, Pali, Sojat, Rajasthan, India, 306306

Key Metrics

Founded Year

2017

Location

Indore, India

Stage

Series A

Total Funding

$4.42M in 4 rounds

Latest Funding Round

Series A, Apr 30, 2022, $*****

Post Money Valuation

$***** as on Apr 30, 2022

Investors

Aariket BPS Enterprises & 21 more

Ranked

8^th among 134 active competitors

Annual Revenue

₹100 - ₹500 Cr as on Mar 31, 2025

Employee Count

1,767 as on May 31, 2026

Similar Companies

JHS Svendgaard Laboratories & 524 more

View Velnik's full profile

Velnik is associated with 4 legal entities given below:

Legal Entity Name	Date of Incorporation	Revenue	Latest Employee Count
SMKDR TRADING PRIVATE LIMITED CIN: U10793MP2018PTC045881 , India, Active	May 23, 2018	0 - ₹10 Cr (As on Mar 31, 2025)	-
SMKDR HOTELS AND RESORTS PRIVATE LIMITED CIN: U55209RJ2020PTC071083 , India, Active	Sep 17, 2020	0 - ₹10 Cr (As on Mar 31, 2025)	-
SMKDR INFRA PRIVATE LIMITED CIN: U32909RJ2020PTC072277 , India, Active	Nov 26, 2020	0 - ₹10 Cr (As on Mar 31, 2025)	-
Velnik India Limited CIN: U24100RJ2017PLC058778 , India, Active	Aug 11, 2017	₹100 - ₹500 Cr (As on Mar 31, 2025)	1767 (As on May 31, 2026)

Velnik has raised a total funding of $4.42M over 4 rounds. Its first funding round was on Apr 21, 2021. Its latest funding round was a Series A round on Apr 30, 2022 for $*****. 15 investors participated in its latest round. Velnik has 5 institutional investors and 17 angel investors.

Here is the list of recent funding rounds of Velnik:

Filter this list

Date of Funding	Funding Amount	Round Name	Post-Money Valuation	Revenue Multiple	Lead Investors	Other Investors
Apr 30, 2022	9000740	Series A	2551261	8983465	2940795	9791986
Mar 11, 2022	1687695	Conventional Debt	3405263	7233538	3294578	7736650
Apr 22, 2021	5264006	Seed	1828763	7466389	Aariket BPS Enterprises & 1 more	Saroj Tradecom

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View details of Velnik's funding rounds and investors

The founders of Velnik is Sukhdev Gehlot.

Here are the details of Velnik's key team members:

Sukhdev Gehlot: Founder & Managing Director of Velnik. They serve on the board of 1 company.
Contact Info: 1 email address and 1 phone number

Velnik's Board of Directors

Velnik's board has 7 active members. Sukhdev Gehlot is part of team and Dinesh Jain, Manju Devi Gehlot, Devendra Gehlot, Rohit Khandelwal, Sudhir Taneja and Kusum Gehlot are independent board members.

Here is the list of Velnik's board of directors:

Name	Type	Representing	Status	Duration
Sukhdev Gehlot	Team	-	Current	9y 1m
Manju Devi Gehlot	Independent board member	-	Current	9y 1m
hhyfmhc	Independent board member	-	Current	1y 5m
wv{mcmf	Independent board member	-	Current	3y 2m
iysmtei	Independent board member	-	Current	2y 3m
mk{qxdt	Independent board member	-	Past	7y 4m
wfztpfu	Independent board member	-	Past	7y 3m

View details of Velnik's Founder profiles and Board Members

Velnik's employee count trend

Velnik has 1,767 employees as of May 26. The total employee count is 16.0% lower than what it was in May 25. Here is Velnik's employee count trend over the years:

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Top competitors of Velnik include JHS Svendgaard Laboratories, HFL and Pontika Aerotech. Here is the list of Top 10 competitors of Velnik, ranked by Tracxn score:

Rank	Company Details	Short Description	Total Funding	Investors	Tracxn Score
1st	JHS Svendgaard Laboratories 1997, Delhi (India), Public	Manufacturer of oral care and FMCG products offering contract manufacturing	-	Milky Investment and Trading Company, Coeus Global Opportunities Fund ... & 6 others	59/100
2nd	HFL 1984, Mumbai (India), Public	Contract manufacturing specialist in FMCG and leather goods with a three‑decade track record	-	Nepean Capital, WestBridge Capital & 3 others	55/100
3rd	Pontika Aerotech 2017, Paonta Sahib (India), Series A	Contract manufacturer of formulations	$13.8M	India SME Investments, Vidit Healthcare & 14 others	53/100
4th	VVF 2010, Mumbai (India), Series B	Manufactures consumer goods and processed food products	$40.6M	Reliance Capital, EP-Asia & 3 others	52/100
5th	Betul Oil 1981, Mumbai (India), Unfunded	Contract manufacturer of sunflower oil	-	-	41/100
6th	GEM Aromatics 1915, Mumbai (India), Public	Contract based manufacturer of flavor and fragrance	-	-	40/100
7th	Sanand Group 1998, Indore (India), Unfunded	Manufacturer of stainless steel scourers and various household cleaning tools	-	-	39/100
8th	Velnik 2017, Indore (India), Series A	Manufacturer of hair care, personal care, and hygiene products	$4.42M	Safal Netcards, Arise Advisory & 20 others	39/100
9th	Concept Hygiene 2012, Ahmedabad (India), Unfunded	Contract manufacturer of house & laundry, and professional cleaning & hygiene products	-	-	39/100
10th	Coirfoam India 1977, Faridabad (India), Unfunded	Contract manufacturer of bed mattresses	-	-	38/100

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Founders (largest shareholder) own 45.94%, Enterprises own 1.16%, Angels own 7.47% and Other People own 45.40%. The net worth of Velnik's founders is INR 162Cr as of Apr 30, 2022.

Shareholders Name	Post Round Holding %	Net worth	Cumulative Investment	Realised Returns	Unrealised Returns	Return Multiple
Founder	45.94%	162Cr	7412108	5007726	2001457	2504691
Sukhdev Gehlot	8072295	3832124	2028207	6015997	9864701	1164847
Enterprise	1.16%	4.08Cr	2	2	4	5
Angel	7.47%	26.4Cr	7174999	4939682	5893196	9815295
Paresh Mehta	2452	5202	9599	9797	6067	8190
Gudia Singhania	0	0	0	0	0	0
Other People	45.40%	160Cr	7226952	1170865	5891426	5878784
Total	99.97%	352Cr	3634513	4730880	1452608	4651053