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Velymonkeys logo — Empowering the spread of Korean beauty in India with a compr...

Velymonkeys

Empowering the spread of Korean beauty in India with a comprehensive retail and marketing platform tailored for success

Founded 2019 11-50 employees Series A Total: $4.00B Wellness Beauty

General Information

Company Name Velymonkeys
Founded Year 2019
Employees 11-50
Industries Wellness Beauty
Funding Stage Series A
Social

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About Velymonkeys

Velymonkeys, a Korean beauty retail and marketing platform designed specifically for the Indian market, has garnered significant attention with its recent KRW4.00B Series A investment on 14th July 2023. The company, with its slogan "Empowering the spread of Korean beauty in India," is strategically positioned within the Wellness Beauty industry, leveraging its own retail platform to facilitate the expansion of Korean cosmetic products in India. The comprehensive services offered by Velymonkeys encompass the introduction, distribution, and sales of Korean beauty products, along with the management of marketing and sales through its dedicated mall, Maccaron. This recent investment, spearheaded by Company K Partners and Smilegate Investment, reflects a strong vote of confidence in Velymonkeys' business model and its potential for success. Founded in 2019, the company has swiftly positioned itself as a key player in the intersection of Korean beauty and the Indian market, poised for significant growth and impact.

Taxonomy: Korean cosmetics, beauty products, skin care, retail platform, marketing, sales, mall, marketplace, multi-brand, cosmetics industry, business expansion, Indian market, online retail

Funding Rounds & Investors (6)

View All
Funding Stage Amount Investors Lead Investors Date
Series A •••••• 2
Investor Investor
14 Jul 2023
Seed Round •••••• 1 •••• •••• 31 Oct 2020
Seed Round •••••• - 31 Jul 2020
Seed Round •••••• 1
Investor
31 Oct 2019
Seed Round •••••• 1
Investor
29 Jul 2019

View All 6 Funding Rounds

Velymonkeys Alternatives & Competitors

Velymonkeys vs
FaMojo
FaMojo United States

FaMojo is one of the largest and fastest-growing online beauty and fashion retailers.

201-500 employees
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Velymonkeys vs
杭州徐娜拉电子商务有限公司
杭州徐娜拉电子商务有限公司 China

Elevating Beauty, Empowering Trust

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Velymonkeys vs
Vijay Sales
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Also compare with: Velymonkeys vs NEXGEN Biotechnologies, Inc NEXGEN Biotechnologies, Inc

FAQ About Velymonkeys

Empowering the spread of Korean beauty in India with a comprehensive retail and marketing platform tailored for success
Velymonkeys was founded in 2019.
Velymonkeys operates in the following industries: Wellness Beauty.
Velymonkeys has approximately 11-50 employees.
Velymonkeys has completed 6 funding rounds, raising a total of $4.00B. The latest funding stage is Series A.
Top alternatives and competitors to Velymonkeys include FaMojo, 杭州徐娜拉电子商务有限公司, Vijay Sales, Yantai JIWEI Construction Machinery equipment Co., Ltd, NEXGEN Biotechnologies, Inc. These companies operate in related industries and serve comparable markets. You can compare them side by side on Bounce Watch.
Velymonkeys and FaMojo are both companies in similar industries. Compare their funding, team size, growth signals, and market position on Bounce Watch to see which one fits your needs.

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