Voonik - About the company
Voonik is a series B company based in Bengaluru (India), founded in 2013 by Navaneetha Krishnan Jaganathan and Nikhilesh M R. It operates as a Provider of enhanced technology, logistics, and financing solutions for businesses. Voonik has raised $54.6M in funding from investors like Peak XV Partners, Seedfund and Global Founders Capital, with a current valuation of $*****. The company has 6 active competitors, including 4 that are funded. Its top competitors include companies like WearWell, Stylenook and Closet Love.
Company Details
Provider of enhanced technology, logistics, and financing solutions for businesses. It empowers businesses through improved technology infrastructure, streamlined logistics networks, and access to financial resources. These integrated solutions aim to optimize operational efficiency and facilitate growth. The company's focus is on providing comprehensive support to help businesses thrive.
- Website
- voonik.com
- Social
- Email ID
- *****@voonik.com
- Phone Number
- +91 **********
- Registered Address
- Katha No.3734/1, 2nd Floor, Room no.2, Ward no.19, Opposite to HDFC Bank, Devanahalli Town, Bangalore, Bangalore, Karnataka, India, 562110
Key Metrics
Founded Year
2013
Location
Bengaluru, India
Stage
Series B
Total Funding
$54.6M in 10 rounds
Latest Funding Round
Post Money Valuation
$***** as on Feb 27, 2019
Investors
Ranked
1st among 6 active competitors
Annual Revenue
0 - ₹10 Cr as on Mar 31, 2025
Employee Count
2 as on Aug 31, 2025
Legal entities associated with Voonik
Voonik is associated with 1 legal entity given below:
Legal Entity Name | Date of Incorporation | Revenue | Latest Employee Count | Documents |
|---|---|---|---|---|
VOONIK TECHNOLOGIES PRIVATE LIMITED CIN: U72900KA2013PTC080633 , India, Active | Mar 19, 2013 | 0 - ₹10 Cr (As on Mar 31, 2025) | 2 (As on Aug 31, 2025) |
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Voonik's funding and investors
Voonik has raised a total funding of $54.6M over 10 rounds. Its first funding round was on Feb 14, 2014. Its latest funding round was a Series B round on Jan 23, 2019 for $*****. 1 investor participated in its latest round. Voonik has 18 institutional investors and 6 angel investors.
Here is the list of recent funding rounds of Voonik:
Filter this list
Filter this listDate of Funding | Funding Amount | Round Name | Post-Money Valuation | Revenue Multiple | Lead Investors | Other Investors |
|---|---|---|---|---|---|---|
Jan 23, 2019 | 4926309 | Series B | 8462333 | 3459150 | 7604114 | 5724467 |
Jan 10, 2018 | 1620805 | Series B | 1887429 | 7167201 | 1990666 | |
Feb 09, 2017 | 7830706 | Series B | 5790170 | 1308109 |
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Voonik's founders and board of directors
Founder? Claim ProfileThe founders of Voonik are Navaneetha Krishnan Jaganathan and Nikhilesh M R.
Here are the details of Voonik's key team members:
- Navaneetha Krishnan Jaganathan: Former Co-Founder of Voonik and founder of 3 other companies, ShopUp, MrVoonik and Vilara. They are also an angel investor in 2 startups and serve on the board of 1 company.Contact Info: 1 email address and 1 phone number
- Nikhilesh M R: Former Co-Founder of Voonik.
Voonik's Board of Directors
Voonik's board has 1 active member. Navaneetha Krishnan Jaganathan is part of team.Here is the list of Voonik's board of directors:
Name | Type | Representing | Status | Duration |
|---|---|---|---|---|
llzneiv | Team | - | Past | 4y 7m |
wucmauc | Investor | ycnbcgc | Past | 4y 5m |
View details of Voonik's Founder profiles and Board Members
Voonik's employee count trend
Voonik has 2 employees as of Aug 25. The total employee count is the same as what it was in Aug 24. Here is Voonik's employee count trend over the years:
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Voonik's Competitors and alternates
Top competitors of Voonik include WearWell, Stylenook and Closet Love. Here is the list of Top 10 competitors of Voonik, ranked by Tracxn score:
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Rank | Company Details | Short Description | Total Funding | Investors | Tracxn Score |
|---|---|---|---|---|---|
1st | Provider of enhanced technology, logistics, and financing solutions for businesses | $54.6M | 48/100 | ||
2nd | WearWell 2017, Philadelphia (United States), Seed | Personalized shopping service that offers fashion products from socially conscious brands | $165K | 31/100 | |
3rd | Online personal styling and shopping service for working women | $462K | 29/100 | ||
4th |  Closet Love 2016, Ahmedabad (India), Unfunded | App-based platform for personal styling | - | - | 28/100 |
5th | Chat based personal stylist | $118K | 22/100 | ||
6th |  Walking Wardrobe 2019, Nagpur (India), Unfunded | Retailer of garments providing in-home styling and purchase services | - | - | 18/100 |
7th | Whatsapp based personal stylist | - | - | 15/100 | |
8th | Sartorial Rascal 2016, Kolkata (India), Deadpooled | Online personal stylist | - | - | 15/100 |
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Voonik's Latest cap tables and shareholding
Founders own 19.75%, Funds (largest shareholder) own 72.63%, Enterprises own 1.08% and Angels own 1.30%. The net worth of Voonik's founders is INR 1,070Cr as of Feb 27, 2019.
Shareholders Name | Post Round Holding % | Net worth | Cumulative Investment | Realised Returns | Unrealised Returns | Return Multiple |
|---|---|---|---|---|---|---|
Founder | 19.75% | 1,070Cr | 8576019 | 5883164 | 1660668 | 5511065 |
Fund | 72.63% | 3,920Cr | 1302875 | 3855242 | 4508170 | 5674892 |
1151353 | 2002124 | 2372670 | 7607386 | 4294076 | 9841058 | |
135616 | 806526 | 484811 | 232121 | 972400 | 362037 | |
Enterprise | 1.08% | 58.2Cr | 3 | 6 | 1 | 6 |
Angel | 1.30% | 70.6Cr | 6 | 2 | 2 | 3 |
ESOP Pool | 5.23% | 282Cr | 33710 | 20270 | 72577 | 80294 |
Total | 99.99% | 5,400Cr | 2598613 | 3340420 | 6839358 | 3106037 |
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DisclaimerView more details of Voonik's Shareholding
Voonik's Investments and acquisitions
Voonik has not made any investments yet. Voonik has made 6 acquisitions.Here is the list of latest three $acquisitions:Filter this list
Filter this listDate of Investment/Acquisition | Type | Company Name | Founded Year | Location |
|---|---|---|---|---|
Sep 02, 2016 | Acquisition | 2016 | Bengaluru (India) | |
Jun 06, 2016 | Acquisition | 2015 | Bengaluru (India) | |
Jun 06, 2016 | Acquisition | 2015 | Bengaluru (India) |
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Reports related to Voonik
Here is the latest report on Voonik's sector:
News related to Voonik
Filter this list•
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Fashion marketplace Voonik turns profitable as expenses continued to narrow YoY; revenue up 109%Financial Express•Dec 30, 2020•Voonik
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Snapdeal launches Voonik apparel and accessories on platformFashion Network•Aug 12, 2019•Snapdeal, Voonik
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After Myntra, smaller companies expand their brick-and-mortar presenceIndiatimes•Aug 15, 2018•Voonik, Limeroad
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Voonik raises Rs 65 lakh in third tranche of Series B roundEntrackr•Mar 13, 2018•Voonik, Sequoia Capital, Seedfund, RB Investments
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Voonik to focus on private labels to turn profitable, go public by 2019Indiatimes•Jan 11, 2018•Voonik
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