Mar 4, 2025
Kyari.co
Kyari.co Comprehensive Business Report
Table of Contents
Executive Summary
Kyari.co, officially known as Select Brands International Pvt. Ltd. (trading as Kyari), is a pioneering online nursery and home decor brand based in Indore, India. Founded in 2021 by Agam Choudhary and his brother Saksham Jain, the company has quickly established itself within the consumer goods sector, focusing on indoor plants, self-watering planters, decorative planters, and innovative accessories. With key funding milestones such as a Pre-Series A round of INR 6.5 Cr in May 2024, Kyari.co has achieved significant valuation and revenue growth. This report integrates detailed insights on company background, financials, business model, market positioning, leadership, and customer sentiment, along with a review of legal, regulatory, and future strategic aspects.
Company Profile & Corporate Details
Official Company Details
Detail | Information |
Official Name | Select Brands International Pvt. Ltd. (trading as Kyari) Startup Pedia |
Founding Date | April 2022 Agam Choudhary’s LinkedIn Post (Narrative indicates inception in 2021 as an online nursery) |
Location | Indore, India Tracxn |
Founders and Key Management Personnel
Founder Name | Background and Key Details |
Agam Choudhary | • Business family origin from Madhya Pradesh (Sagar). • Bachelor’s in Industrial Production Engineering from Indore. • Previously founded RobotBanao (2018) before launching Kyari in 2022. Kyari Plant Store in Shark Tank Season 4 |
Saksham Jain | • Brother of Agam Choudhary. • Co-founder with a strong entrepreneurial background and deep roots in a business family from Indore. • Contributed to the strategic vision addressing urban indoor plant needs. Kyari Plant Store in Shark Tank Season 4 |
Headquarters, Mission, Vision & Legal Structure
Attribute | Details | Source |
Headquarters | Indore, India | |
Mission Statement | To make plant care easy and accessible, adding aesthetic value to spaces while innovating the gardening experience. | |
Vision Statement | To turn every space into a peaceful retreat by integrating the beauty of nature with stylish designs, ensuring urban locations enjoy the calm and luxury of indoor greenery. | |
Core Values | Sustainability, Eco-friendliness, Innovation, Customer-centricity, family-like culture, and continuous learning. | |
Legal Structure | Private limited company; a funded, unlisted entity operating in the online retail plant and decor segment. |
Funding & Financial Overview
Financial Milestones and Timeline
Year/Date | Milestone | Details | Source |
2021 | Inception | Kyari.co was founded in Indore, India as an online nursery offering a variety of indoor plants and affordable pots. | N/A |
May 2024 | Pre-Series A Funding | Secured INR 6.5 Cr in funding led by Agra Gwalior Pathways and Airen Holdings. |
Detailed Financial Analysis
Revenue and Net Income (Fiscal Years in INR)
Fiscal Year (Ending Mar) | Revenue (INR) | Profit/(Loss) (INR) |
FY 2018-19 | 476,079 | 9,436 |
FY 2019-20 | 22,106,642 | 132,112 |
FY 2020-21 | 37,528,819 | 349,419 |
FY 2021-22 | 28,515,272 | -1,073,356 |
FY 2022-23 | 37,730,882 | -12,521,662 |
FY 2023-24 | 128,439,034 | -21,793,554 |
Latest Valuation and Annual Revenue Snapshot
Metric | Value (USD) | Value (INR) | As On Date |
Latest Valuation | 6,765,261.55 | 565,515,468 | 17 Apr 2024 |
Latest Annual Revenue | 1,551,613.72 | 128,439,034 | 31 Mar 2024 |
Debt Situation
Debt Component | Value (INR) | Details |
Non-current Liabilities | 21,000 | Minimal long-term debt reported |
Current Liabilities | 13,176,674 | Includes short-term liabilities |
Short Term Borrowings | 2,390,035 | Specific portion of current liabilities |
Note: No credit rating information is provided.
Business Model Analysis
Value Proposition
Aspect | Details |
Core Offering | Online nursery specializing in a wide range of quality indoor plants and decorative pots. |
Unique Benefit | Affordable pricing, innovative self-watering technology, and curated selections that seamlessly enhance indoor aesthetics. |
Customer Outcome | Transforms indoor spaces into serene retreats while simplifying plant care. |
Citation |
Customer Segments
Segment | Characteristics |
Home Decor Enthusiasts | Urban consumers looking to enhance living spaces with greenery. |
Plant Aficionados | Individuals passionate about indoor plants and gardening. |
Budget-Conscious Buyers | Customers valuing affordability without compromising on quality. |
Channels and Customer Relationships
Primary Sales Channel: Kyari.co website supported by digital marketing and online marketplaces.
Customer Relationships: Digital engagement via online support, social media interactions, and after-sales services aimed at fostering loyalty.
Key Activities and Cost Structure
Key Activities: Product sourcing, digital marketing, operational management, and after-sales customer service.
Cost Components: Inventory procurement, operational expenses (warehousing, logistics, salaries), marketing and sales, and technology maintenance.
Revenue Streams
Primary Source: Direct sales via the online platform.
Supporting Capital: Recent Pre-Series A funding enables expansion and innovation.
Products & Services
Primary Offerings
Category | Description | Key Features | Source |
Live Indoor Plants | Quality homegrown plants designed to transform indoor spaces into green retreats. | Offered through the Kyari.co website and mainstream platforms like Amazon. | |
Self-Watering Planters | Flagship offering tailored for urban dwellers and novice gardeners. | Built-in reservoir and wick system to ensure consistent moisture and avoid overwatering. | |
Decorative Planters | Planters that serve as stylish décor items for various indoor aesthetics. | Designs vary from sleek minimalism to LED and magnetic options. | |
Innovative Accessories | Tools designed to enhance the plant care experience. | Examples include the Hydrating Pen for improved plant hydration. |
Recent Launches
Launch Category | Description | Key Details | Source |
Newly Launched Collection | A dedicated category highlighting the latest product designs and innovations. | New products available at discounted rates on a consolidated landing page. |
Differentiation Factors
Aspect | Description | Impact | Source |
Innovative Technology | Advanced self-watering mechanisms and accessories like the Hydrating Pen. | Simplifies plant care and ensures healthy, consistent growth. | |
Aesthetic Design | Products that double as décor items with varied designs to suit modern indoor styles. | Merges functionality with decorative appeal. | |
Quality Packaging | Use of specialized and breathable packaging to ensure product integrity during transit. | Ensures live plants arrive in optimal condition. | |
Online Convenience | Strong digital presence through the official website and listings on major marketplaces. | Provides a hassle-free purchasing experience. |
Industry and Market Landscape
Industry Overview
Category | Details |
Primary Industry | Consumer Goods |
Sub-Sector | Home Furnishing Products (Online Nursery) |
Product Focus | Indoor plants and decorative pots |
Key Market Trends
Trend | Details |
Online Retail & E-commerce | Growth in online sales for niche consumer products. |
Indoor & Eco-friendly Decor | Rising consumer preference for sustainable home décor. |
Digital Transformation | Increased digital engagement and reliance on online platforms. |
Note: Detailed market share, main competitors, current order book, and client data are not sufficiently provided in the available dataset.
Leadership & Management Team
Executive Summary
Kyari.co is led by a lean management team primarily consisting of its co-founders. There is a strategic reliance on external expertise for specialized functions such as financial management.
Detailed Leadership Information
Name | Role/Designation | Background & Experience | Observations |
Agam Choudhary | Co-Founder; Key Executive | Founded Kyari in April 2022; previously launched RobotBanao (2018); instrumental in strategic direction and growth. | Spearheaded brand journey and rapid growth. |
Saksham Jain | Co-Founder; Key Executive | Co-founded Kyari leveraging an entrepreneurial background from a business-centric family in Indore, India. | Focuses on sustainable growth and operational efficiency. |
Additional Leadership Notes
CFO Role: Kyari.co opts for external financial expertise (e.g., through Colonel Consultancy) rather than maintaining an in-house CFO.
CTO and Other Roles: There are no detailed disclosures on positions such as CTO or other senior executives.
Corporate Culture, Employee Information & Global Presence
Corporate Culture & CSR
Category | Details | Reference |
Corporate Culture | Specific details regarding corporate culture, diversity, and CSR initiatives are not available. | Insufficient data |
Sustainability Practices | Not explicitly disclosed in the provided data. | Insufficient data |
Employee Information
Metric/Aspect | Details | Source |
Global Employee Count | 45 employees (as of December 2024) | |
Employee Turnover Rate | Not available | – |
Benefits & Development | Emphasizes a quality work culture in a sustainable and creative work environment; specific benefits and training programs are not detailed. | |
Employer Reputation | 3.0 out of 5 stars on AmbitionBox, reflecting moderate employee satisfaction. |
Global Presence and International Expansion
Attribute | Details |
Headquarters | Indore, Madhya Pradesh, India |
Operating Regions | Primarily within India (South Asia, Asia, APAC implied) |
Additional Offices/Facilities | No further global facilities beyond HQ are reported. |
International Expansion Strategy | Not specified in available data. |
Technologies and Digital Transformation
Aspect | Details | Citations |
Technologies Utilized | Specific technologies used by Kyari.co have not been disclosed. | N/A |
Digital Transformation Approach | No detailed insights available on the digital transformation strategy. | N/A |
Innovation (Patents/Awards) | There is no available data regarding patents or awards. | N/A |
Data & Analytics | Information on how data and analytics are leveraged in operations is not provided. | N/A |
Strategic Partnerships and Risk Management
Key Partnerships and Alliances
Partner/Entity | Type | Relationship & Contribution | Source |
Airen Holdings | Funding Partner/Investor | Co-led Pre-Series A funding (INR 6.5 Cr) providing strategic financial backing and expertise. | |
Agra Gwalior Pathways | Funding Partner/Investor | Key co-lead in the Pre-Series A round, reinforcing the financial and strategic positioning of Kyari.co. | |
Additional Investors | Strategic Investors | Include We Founder Circle, IVY League Ventures, Jitoworld, Madhav Corp, PATH among various individual investors, enhancing market reach. | Refer to detailed investor lists included in the research. |
Risk Challenges and Mitigation Strategies
Aspect | Details |
Reported Challenges | Specific operational or strategic risks have not been detailed in the available data. |
Mitigation Strategies | No explicit risk mitigation approaches are mentioned in the provided sources. |
Contextual Note: Kyari.co is still in an early, seed-stage phase; hence, detailed challenges and risk management disclosures may be limited.
Customer Analysis and Reputation
Primary Customers and Demographics
Category | Details |
Customer Type | Individual retail buyers, home gardeners, and plant enthusiasts. |
Purchase Focus | Indoor plants, self-watering planters, decorative planters, and innovative accessories. |
Price Sensitivity | Product pricing points (e.g., snake plant around 450 Rs) suggest focus on budget-conscious urban consumers. |
Customer Feedback and Reputation
Aspect | Details |
Feedback Channels | Collection via online reviews (e.g., Trustpilot), email, phone calls, and support ticket systems. |
Nature of Feedback | Predominantly negative regarding product quality, delivery delays, and unresponsive customer support. |
Reputation Summary | Overall customer sentiment is negative, with recurring complaints about damaged products, delayed shipments, and inadequate support. |
Citation |
Legal & Regulatory Framework
Legal Provisions and Terms
Aspect | Details | Notes |
Governing Law | Service governed by the laws of India as specified in the Terms & Conditions. Kyari.co Terms | Establishes the jurisdiction and dispute resolution framework. |
Disclaimer of Warranties | Services provided “as is” without any express or implied warranties, including fitness for a particular purpose. | Limits liability for service interruptions. |
Limitation of Liability | Liability limited to the maximum extent permitted by law, covering various damages including lost profits and data. | Protects Kyari.co from extensive claims. |
Indemnification | Users agree to indemnify Kyari.co and affiliated personnel from claims arising out of service usage. | Shifts certain risks to service users. |
Termination and Prohibited Uses | Users must adhere to strict usage guidelines; non-compliance can lead to termination of service. | Maintains compliance and operational control. |
Regulatory Oversight
Aspect | Details |
Compliance Measures | Adheres to Indian legal frameworks with periodic updates to Terms and Conditions. |
Regulatory Bodies | No specific external regulatory bodies are indicated beyond internal compliance mechanisms. |
Future Plans and Strategic Outlook
Strategic Goals and Future Initiatives
Category | Details | Source |
Short-Term Objectives | Specific short-term plans and objectives are not explicitly provided in the available information. | |
Long-Term Objectives | Detailed long-term strategies or upcoming initiatives remain undisclosed. | |
Response to Industry Disruptions | No comprehensive strategy has been provided regarding emerging market disruptions. |
Conclusion: While Kyari.co has achieved notable growth and financial milestones, further disclosures are anticipated to elaborate on future strategic initiatives and risk responses as the company progresses in its lifecycle.
Conclusion
Kyari.co has rapidly emerged as a key player in the online nursery and home decor segment. With a strong founding story, a lean leadership team, and a distinctive product offering that combines aesthetics with innovative technology, the company has secured significant investor backing and achieved notable financial milestones. However, like many early-stage ventures, detailed insights into market share, global expansion strategies, and internal risk management remain limited. Improved transparency on future planning, technology adoption, and customer service practices will be essential for sustaining growth and enhancing brand reputation in a competitive market environment.
This report is based solely on the provided research data and associated sources.
Detailed Version
Official Details of Kyari.co
Company Overview
Detail | Information |
Official Name | Select Brands International Pvt. Ltd. (trading as Kyari) Startup Pedia |
Founding Date | April 2022 Agam Choudhary’s LinkedIn Post [Tracxn also notes 2021; the detailed narrative points to April 2022]. |
Location | Indore, India Tracxn |
Founders and Key Management Personnel
Founder Name | Background and Key Details |
Agam Choudhary | - Hails from a business family in Madhya Pradesh (Sagar). |
Pursued a Bachelor’s in Industrial Production Engineering in Indore.
Founded an earlier online platform, RobotBanao, in 2018 before conceptualizing Kyari in 2022. Kyari Plant Store in Shark Tank Season 4.
| Saksham Jain | - Brother of Agam Choudhary.
Shares a strong entrepreneurial background, growing up in a business family in Indore, Madhya Pradesh.
Co-founded Kyari following the founders' prior business experiences and vision to address urban indoor plant needs. Kyari Plant Store in Shark Tank Season 4.
Note: While several posts include mentions of other contributors and advisory partners (e.g., CA Anshul Ajmera and Colonel Consultancy), the primary key management details available focus on the founders, Agam Choudhary and Saksham Jain.
Recent Analyst/Broker Coverage, Institutional Holdings, Government Policies, and CAPEX Expenditures on Kyari.co
1. Recent Analyst/Broker Coverage
Item | Details |
Coverage Summary | A news article reported that Kyari has raised INR 6.5 Cr in Pre-Series A funding led by Agra Gwalior Pathways and Airen Holdings. |
Source |
2. Institutional Holdings
Investor Type | Investors |
Institutional/Corporate Investors | We Founder Circle, IVY League Ventures, Jitoworld, Airen Holdings, Agra Gwalior Pathways, Madhav Corp, PATH |
Individuals (Angel/Other) | Amit Kumat, Rajesh Patel, Sawan Laddha, Amit Mahendra Shah, Anshul Ajmera, S Rajkiran Jain, Rajat Singhai, Ronak Doshi, Anuj Goyal, Anand Saklecha, Manish Gai, Prateek Siyal, Vandana Gupta, Vishvek Bansal, Arpita Anchalia, Keshav Arein, Jhalak Luhadia |
3. Government Policies Affecting Kyari.co's Industry
Aspect | Details |
Policy Impact | Insufficient information available on specific government policies affecting the online nursery/consumer goods industry in the provided data. |
4. Recent and Planned CAPEX Expenditures
CAPEX Category | Details |
Recent/Planned CAPEX | There is no available information on Kyari.co's recent or planned CAPEX expenditures in the provided data. |
This analysis is based solely on the information extracted from the provided messages history Enablers Investment.
Kyari.co Headquarters, Mission, Vision, Core Values & Legal Structure
Attribute | Details | Source |
Headquarters | Indore, India | |
Mission Statement | To make plant care easy and accessible, adding aesthetic value to spaces while innovating the gardening experience. | |
Vision Statement | To turn every space into a peaceful retreat by integrating the beauty of nature with stylish designs, ensuring urban locations enjoy the calm and luxury of indoor greenery. | |
Core Values | Sustainability, Eco-friendliness, Innovation, Customer-centricity, and a family-like culture that values building bonds, delivering green joy, and continuous learning. | |
Legal Structure | Private limited company; a funded, unlisted entity operating in the online retail plant and decor segment. |
Kyari.co History from Inception to Present
Timeline of Major Milestones
Year/Date | Milestone | Details | Source Citation |
2021 | Inception | Kyari.co was founded in Indore, Madhya Pradesh, India. It began as an online nursery offering a variety of captivating indoor plants and affordable pots. | N/A |
May 2024 | Pre-Series A Funding | Kyari secured INR 6.5 Cr funding in its Pre-Series A round, led by Agra Gwalior Pathways and Airen Holdings. |
Financial Milestones
Metric | Value (USD) | Value (INR) | As On Date |
Latest Valuation | 6,765,261.55 | 565,515,468 | 2024-04-17 |
Latest Annual Revenue | 1,551,613.72 | 128,439,034 | 2024-03-31 |
Company Growth Indicators
Indicator | Value | Note |
Employee Count | 45 | As of 2024-12-31 |
Investors and Backing
Investor Name | Type | Additional Information |
Amit Kumat | Individual | |
Rajesh Patel | Individual | |
Sawan Laddha | Individual | |
We Founder Circle | Company | |
IVY League Ventures | Company | |
Jitoworld | Company | |
Airen Holdings | Company | |
Agra Gwalior Pathways | Company | |
Amit Mahendra Shah | Individual | |
Anshul Ajmera | Individual | |
S Rajkiran Jain | Individual | |
Rajat Singhai | Individual | |
Ronak Doshi | Individual | |
Madhav Corp | Company | |
Anuj Goyal | Individual | |
Anand Saklecha | Individual | |
Manish Gai | Individual | |
Prateek Siyal | Individual | |
Vandana Gupta | Individual | |
Vishvek Bansal | Individual | |
Arpita Anchalia | Individual | |
Keshav Arein | Individual | |
Jhalak Luhadia | Individual | |
PATH | Company |
Note: The data available is limited to the messages provided, with no additional merger, acquisition, partnership, or leadership change details beyond the funding event.
Summary of Findings
Aspect | Summary |
Inception | Founded in 2021 in Indore, India. |
Funding | Significant milestone achieved with a Pre-Series A funding round of INR 6.5 Cr in May 2024. |
Financial | Latest reported valuation is USD 6,765,261.55, with an annual revenue of USD 1,551,613.72 (as of early 2024). |
Leadership | No recorded changes in leadership. |
Mergers/Aq. | No merger or acquisition details provided. |
Partnerships | No explicit partnerships information available. |
Kyari.co Business Model Analysis
Value Proposition
Aspect | Details |
Core Offering | Online nursery offering a wide range of captivating indoor plants and pots |
Unique Benefit | Affordable prices and a curated selection that brings nature closer to customers' indoor spaces |
Customer Outcome | Enhances indoor environments aesthetically and promotes a connection with nature |
Citation |
Customer Segments
Segment | Characteristics |
Home Decor Enthusiasts | Urban consumers looking to enhance living spaces with greenery |
Plant Aficionados | Individuals passionate about indoor plants and gardening |
Budget-Conscious Buyers | Customers who value affordability without compromising quality |
Channels
Channel Type | Details |
Online Platform | Kyari.co website serves as the primary sales and engagement portal |
Digital Marketing | Likely use of social media and online advertising to reach target segments |
Partner Networks | Collaborations with investors and industry partners may support market outreach |
Customer Relationships
Relationship Aspect | Details |
Engagement Model | Online customer support and digital engagement via website and social media |
Trust Building | Providing quality product information, after-sales support, and an intuitive online shopping experience |
Long-term Loyalty | Leveraging feedback and repeat purchasing incentives in a seed-stage business |
Revenue Streams
Metric | Value |
Annual Revenue (USD) | 1,551,613.72 (as of March 2024) |
Primary Revenue Source | Direct sales of indoor plants and pots through the online platform |
Funding Impact | Recent Pre-Series A funding (INR 6.5 Cr) supports growth and scaling initiatives |
Key Resources
Resource Type | Details |
Physical Assets | Inventory of indoor plants and pots; logistics and storage facilities |
Technological Assets | E-commerce website (kyari.co) and associated digital infrastructure |
Human Resources | Team of 45 employees (as of December 2024) supporting operations, marketing, and customer service |
Financial Resources | Seed-stage capital and funds from recent Pre-Series A round |
Key Activities
Activity Type | Details |
Product Sourcing | Acquiring and curating a diverse selection of indoor plants and pots |
Marketing & Sales | E-commerce operations, digital marketing, and customer outreach initiatives |
Customer Service | Maintaining online support and post-sale engagement to foster loyalty |
Operational Management | Inventory management, order fulfillment, and website maintenance |
Key Partnerships
Partnership Type | Details |
Investment Partners | Includes Agra Gwalior Pathways, Airen Holdings, and other individual and company investors |
Supplier Networks | Likely collaborations with suppliers for plant materials and pot manufacturing (implied by product offering) |
Strategic Collaborators | Potential industry partnerships aimed at marketing and logistics support |
Cost Structure
Cost Component | Details |
Inventory Acquisition | Cost of procuring indoor plants and pots |
Operational Expenses | Salaries, warehousing, logistics, and website maintenance |
Marketing & Sales Costs | Digital advertising and promotional expenses |
Technology Investments | Maintenance and upgrades of the online e-commerce platform |
Citations
Source Type | URL |
News Article | |
Company Info | Details derived from provided company profile |
Kyari.co Primary Products and Services
Overview
The following tables present the comprehensive breakdown of Kyari.co's offerings, their flagship and recently launched products, and the key differentiators that set them apart from competitors.
Product & Service Offerings
Category | Description | Key Features | Source |
Live Indoor Plants | Homegrown and quality plants that aim to transform indoor spaces into serene retreats. | Sold online via Kyari.co website and platforms like Amazon; shipped with specialized packaging solutions. | |
Self-Watering Planters | Flagship product designed for busy urban dwellers and novice gardeners. | Built-in reservoir and wick system for consistent moisture, preventing overwatering and root rot. | |
Decorative Planters | A range of planters that double as decor pieces for various indoor styles. | Available in designs ranging from sleek and minimalist to exotic LED and magnetic versions to suit diverse aesthetics. | |
Innovative Accessories | Additional tools that enhance the plant care experience. | Includes instruments like the Hydrating Pen which aid in plant hydration and care. |
Recent Launches
Launch Category | Description | Key Details | Source |
Newly Launched Collection | A dedicated category featuring recently released products on the website. | New product designs and offerings available at discounted rates; page aggregates the latest product introductions. |
Differentiation Factors
Differentiation Aspect | Description | Impact | Source |
Innovative Technology | Cutting-edge self-watering mechanism and tools like the Hydrating Pen. | Simplifies plant care and ensures consistent growth. | |
Aesthetic Design | Planters available in a variety of decorative designs including LED and magnetic options. | Enhances indoor decor, merging function with style. | |
Quality & Packaging | Use of breathable and innovative packaging solutions to ensure that live plants reach customers intact. | Ensures plants arrive healthy and damage-free. | |
Online Convenience | Presence on the official website and popular online marketplaces like Amazon. | Provides a hassle-free ordering experience and accessibility. |
Summary
The primary offerings of Kyari.co include quality live indoor plants, a flagship line of self-watering planters, a variety of decorative planters, and innovative accessories such as the Hydrating Pen. The brand differentiates itself through its advanced self-watering technology, aesthetically appealing designs, high-quality and specialized packaging, as well as a strong emphasis on online convenience and customer experience.
Exploring Kyari.co Industry and Market Landscape
Industry & Sectors
Category | Details |
Primary Industry | Consumer Goods |
Sub-Sector | Home Furnishing Products (Online Nursery) |
Product Focus | Indoor plants and decorative pots |
(Source: Kyari.co)
Market Share & Competitors
Aspect | Details |
Market Share | Not enough information available |
Main Competitors | Not enough information available |
Key Industry Trends
Trend | Details |
Online Retail & E-commerce | Growth in online sales for niche consumer products |
Indoor & Eco-friendly Decor | Rising consumer interest in sustainable home decor |
Digital Transformation | Increased reliance on digital platforms for customer outreach |
(General trends based on industry patterns. Specific trends for Kyari.co are not provided.)
Financial Snapshot (Contextual Data)
Parameter | Amount (USD) | Details/Date |
Latest Valuation | 6,765,261.55 | As of 2024-04-17 |
Latest Annual Revenue | 1,551,613.72 | As of 2024-03-31 |
Employee Count | 45 | As of 2024-12-31 |
(Data extracted from available historical records)
Summary
Kyari.co operates within the consumer goods and home furnishing sectors as an online nursery with a focus on indoor plants and decorative pots. However, the provided information does not supply details regarding its market share, main competitors, order book, client base, or specific project history and future plans.
(This analysis is based solely on the limited data available.)
Review of Kyari.co Financial Information
Annual Revenue and Net Income (Fiscal Years in INR)
Fiscal Year | Revenue (INR) | Profit/(Loss) (INR) |
FY 2018-19 (ending 31 Mar 2019) | 476,079 | 9,436 |
FY 2019-20 (ending 31 Mar 2020) | 22,106,642 | 132,112 |
FY 2020-21 (ending 31 Mar 2021) | 37,528,819 | 349,419 |
FY 2021-22 (ending 31 Mar 2022) | 28,515,272 | -1,073,356 |
FY 2022-23 (ending 31 Mar 2023) | 37,730,882 | -12,521,662 |
FY 2023-24 (ending 31 Mar 2024) | 128,439,034 | -21,793,554 |
Market Capitalization / Latest Valuation
Metric | Value (USD) | Value (INR) | As On Date |
Latest Valuation | 6,765,261.55 | 565,515,468 | 17 Apr 2024 |
Note: For private companies at early stages such as Kyari (Seed stage), the latest valuation is used as an approximate market capitalization source.
Debt Situation
Debt Component | Value (INR) | Details |
Non-current Liabilities | 21,000 | Minimal long-term debt reported |
Current Liabilities | 13,176,674 | Includes short term liabilities |
Short Term Borrowings | 2,390,035 | Specific portion of current liabilities |
Additional detailed debt metrics are embedded within the balance sheet but overall debt appears limited relative to the asset base.
Credit Rating
No credit rating information is available for Kyari.co in the provided financial data.
Primary Sources of Revenue
Revenue Source | Details |
Product Sales | Captivating indoor plants and pots, which form the core of operations |
Revenue Composition | Revenue from operations constitutes the majority of total revenue |
All financial data has been extracted from the provided financial statements and company details source.
Leadership and Management Team of Kyari.co
Executive Summary
The available information on Kyari.co indicates that the startup is led by its founders and maintains a lean leadership structure. The two primary executives are the co-founders, Agam Choudhary and Saksham Jain. There is an intentional approach to leadership team structure where Kyari does not maintain a full-time CFO, instead opting for external expert financial guidance through a partnership with Colonel Consultancy. There are no specific details on roles such as Chief Technology Officer (CTO) or other senior executives in the provided data.
Detailed Leadership Information
Name | Role/Designation | Background & Experience | Observations/Recent Changes |
Agam Choudhary | Co-Founder; Key Executive | Co-founded Kyari in April 2022 under Select Brands International Pvt. Ltd. Oversaw rapid 8X growth over 2 years. See LinkedIn Post. | Spearheaded the brand journey and strategic direction. |
Saksham Jain | Co-Founder; Key Executive | Co-founded Kyari, contributing to the startup’s lean operational and financial strategy. Referenced in posts discussing the leadership structure and funding details. | Focuses on sustainable growth; part of a team that avoids bulky leadership costs. |
Leadership Structure & Management Approach
Aspect | Details |
Formal Executive Team | The leadership is limited to the co-founders with support from external experts (e.g., Colonel Consultancy) for financial matters. |
CFO Role | Kyari does not have an in-house CFO, opting for external services to manage financial operations CA Anshul Ajmera's Post. |
CTO Role | No specific details available on a Chief Technology Officer. |
Recent Leadership Changes | No recent executive changes have been detailed in the provided information. |
Conclusion
There is limited public data on detailed executive roles at Kyari.co beyond the co-founders Agam Choudhary and Saksham Jain. The company’s leadership structure is intentionally kept lean with strategic reliance on external expertise for certain roles. For additional details on specific roles such as CTO or further background information, more direct sources or company disclosures would be necessary.
Kyari.co Global Presence and International Expansion
Overview
Attribute | Details |
Headquarters Location | Indore, Madhya Pradesh, India |
Operating Region | South Asia, Asia, APAC |
Founded Year | 2021 |
Employee Count | 45 (as of 2024-12-31) |
Citations
Notes
The available information does not provide details regarding additional global offices, a documented international expansion strategy, or any planned regional expansions beyond its operations in India.
Key Partnerships, Alliances, Suppliers, and Strategic Relationships of Kyari.co
Overview
The available data points for Kyari.co provide key insights into its strategic relationships. While there is detailed information on its investor and funding partners, there is limited explicit data regarding direct suppliers. Key strategic relationships, primarily around funding and investments, support its market positioning as an online nursery with a strong portfolio in captivating indoor plants and pots.
Funding & Investment Partnerships
Partner/Entity | Type | Relationship | Enhancement to Offerings and Market Position |
Airen Holdings | Funding Partner/Investor | Led Pre-Series A funding (INR 6.5 Cr) alongside Agra Gwalior Pathways | Brings financial backing and strategic expertise that bolster growth initiatives and market expansion, enhancing credibility Enablers Investment |
Agra Gwalior Pathways | Funding Partner/Investor | Co-led Pre-Series A funding | Strengthens brand positioning by aligning with experienced strategic partners in investment Enablers Investment |
We Founder Circle, IVY League Ventures, Jitoworld, Madhav Corp, PATH (and various individual investors) | Strategic Investors | Contributed as part of the investor portfolio | Provides financial stability and a network for market expansion, assisting in innovation and reaching broader customer segments |
Strategic Influence on Offerings and Market Position
Aspect | Details | Impact on Market Position |
Financial Backing | Received Pre-Series A funding with key strategic partners | Enables expansion, increased product assortment, and market outreach |
Strategic Network | Diverse investor profile including companies and individuals | Provides robust business insights and network effects critical for competitive advantage |
Credibility & Growth | Backed by reputed entities in venture investments | Enhances trust among consumers and partners, amplifying its online retail impact |
Suppliers
Aspect | Details |
Supplier Details | There is no explicit information on suppliers. |
Summary
The strategic relationships of Kyari.co are centered around funding and investment partnerships. Leading partners like Airen Holdings and Agra Gwalior Pathways have been instrumental in its financial backing and strategic growth. While investor collaborations from various entities contribute additional market reach and expertise, no explicit supplier information is available in the provided data.
Citations
Enablers Investment: Enablers Investment
Assessing Challenges and Risks for Kyari.co
Reported Challenges and Risks
Aspect | Description |
Reported Challenges & Risks | Insufficient information is available in the provided data regarding specific challenges or risks faced by Kyari.co as reported in its annual reports or public statements. |
Strategies to Mitigate Risks
Aspect | Description |
Mitigation Strategies | The provided documents do not detail any specific strategies employed by Kyari.co to mitigate risks. |
Additional Context
Data Item | Detail |
Company Founded | 2021 |
Location | Indore, Madhya Pradesh, India |
Latest Annual Revenue | USD 1,551,613.72 (as on 2024-03-31) |
Latest Valuation | USD 6,765,261.55 (as on 2024-04-17) |
Further details may be required from additional Kyari.co annual reports or public statements for a comprehensive assessment of their risk landscape and mitigation strategies.
Citations: Enablers Investment
Kyari.co's Future Plans and Strategic Goals
Overview
The available data on Kyari from the provided messages do not contain detailed public disclosures regarding its future plans and strategic goals. Information regarding specific short-term and long-term objectives, upcoming projects, or an approach to emerging industry disruptions is not clearly outlined in the available dataset.
Strategic Categories
Category | Details | Source URL |
Short-Term Objectives | Not explicitly provided | |
Long-Term Objectives | Not explicitly provided | |
Upcoming Projects/Initiatives | Not available in the current data | |
Approach to Emerging Disruptions | Not described in the provided information |
Financial Snapshot for Context
Metric | Value | Currency | As On Date |
Latest Valuation | 6,765,261.55 | USD | 2024-04-17 |
Latest Annual Revenue | 1,551,613.72 | USD | 2024-03-31 |
Employee Count | 45 | Count | 2024-12-31 |
The current dataset focuses on Kyari's operational data, funding news, and foundational business model as an online nursery. However, information addressing its strategic planning and responses to emerging industry disruptions is not available.
Conclusion
Given the available data, there is insufficient information to provide a detailed analysis of Kyari.co’s short-term and long-term objectives, upcoming initiatives, or its strategy toward industry disruptions. Future updates or detailed statements from company announcements would shed more light on these areas.
Citations: Enablers Investment
Employee Information at Kyari.co
Global Employee Count
Metric/Date | Employee Count | Source |
As of December 2024 | 45 employees |
Employee Turnover Rate
Metric | Value | Notes |
Turnover Rate | Not available | Employee turnover data not provided in available sources. |
Employee Benefits
Aspect | Details | Source |
Benefits Package | Specific benefit details are not provided. Kyari emphasizes a quality work culture though. | |
Work Environment | Focus on sustainability, creativity, and an eco-friendly, nature-inspired setting. | Kyari About Page & Career Page |
Additional Details | No specific list of benefits is available from the provided sources. |
Development and Training Opportunities
Aspect | Details | Source |
Learning Opportunities | Employees are offered opportunities to learn, advance their careers, and tackle innovative projects. | |
Skill Development | Emphasis on developing new skills in a vibrant and dynamic environment. | |
Training Programs | Specific details on training programs are not provided, but growth and development are encouraged. |
Employer Reputation
Metric | Value | Source |
AmbitionBox Rating | 3.0 out of 5 stars (based on 1 review) | |
Employee Satisfaction | Indicates moderate satisfaction with work culture, benefits, and growth opportunities. | AmbitionBox Review |
Note: Not all desired metrics (such as employee turnover rate) were available in the provided sources.
Legal and Regulatory Issues Concerning Kyari.co
Summary of Key Legal Provisions
Aspect | Details | Notes |
Governing Law | The Terms & Conditions specify that the service is governed by the laws of India. Kyari.co Terms | Indicates the legal framework for dispute resolution |
Disclaimer of Warranties | The platform provides the service as is and as available, disclaiming any express or implied warranties including merchantability, fitness for a particular purpose, and non-infringement. | Limits legal liability for service interruptions or inaccuracies |
Limitation of Liability | Liability for any direct, indirect, incidental, punitive, special, or consequential damages is limited to the maximum extent permitted by law, including lost profits, revenue, savings, or data. | Seeks to protect Kyari.co from extensive claims |
Indemnification | Users agree to indemnify and hold harmless Kyari.co along with its directors, officers, employees, and affiliates from claims or demands arising out of use of their services or breach of terms. | Shifts risk to users who misuse the service |
Termination | The Terms allow termination of service by either party at any time. Obligations incurred prior to termination survive, and the platform reserves the right to cancel the service without prior notice for breach of terms. | Ensures control over service provision and reflects potential discontinuance policies |
Prohibited Uses | Users are restricted from engaging in unlawful activities, intellectual property infringement, transmission of malicious code, harassment, and various other prohibited behaviors. | Helps in maintaining compliance and aligning with legal obligations |
Regulatory Oversight and Compliance Methods
Aspect | Details | Notes |
Regulatory Framework | The Terms specify compliance with Indian laws. No external regulatory bodies are explicitly mentioned through the documentation. | Internal compliance measures are set by the Terms and updated via the website periodically |
Periodic Updates | Users are advised to check the Terms page for any updates as Kyari.co reserves the right to modify or replace any part of the service terms. | Ensures users remain aware of the current legal and operational standards with the platform |
Compliance Mechanism | The service requires users to adhere to strict usage rules including proper account and billing information, adherence to rules against prohibited activities, and provides for indemnification. | These mechanisms act as self-regulatory compliance methods within the user agreement |
Legal and Regulatory Controversies
Aspect | Details / |
Major Legal Cases or Controversies | There is no available information from the message history indicating any ongoing legal cases or major controversies involving Kyari.co. |
Inline Citations
For detailed information regarding the legal provisions and terms of service, refer to the Kyari.co Terms & Conditions.
Primary Customers and Reputation Analysis of Kyari.co
Primary Customer Demographics
Category | Details |
Customer Type | Individual retail buyers, predominantly home gardeners and plant enthusiasts. |
Purchase Focus | Houseplants and related gardening products (e.g., snake plants, plant bundles). |
Price Sensitivity | Orders include low to mid-priced items (e.g., snake plant around 450 Rs), suggesting budget-conscious buyers. |
Likely Demographics | Urban consumers; likely young to middle-aged professionals seeking home decor and indoor gardening solutions. |
Based on observed order items and pricing, specific demographic data is limited in the provided sources.
Customer Feedback Collection and Utilization
Aspect | Details |
Feedback Channels | Online review platforms (e.g., Trustpilot), email communications, phone calls, and support ticket systems. |
Nature of Feedback | Predominantly negative feedback regarding product quality, delivery delays, and unresponsive customer support. |
Feedback Usage | Although explicit internal processes are not detailed, feedback is publicly visible and likely intended to drive service improvements. |
Citations: Trustpilot.
Company Reputation Among Customers
Aspect | Details |
Overall Reputation | Negative – Numerous complaints highlight issues such as damaged products, delayed orders, and poor customer support. |
Customer Support | Described as unresponsive with repeated failure to replace, refund, or update customers on shipment status. |
Delivery Reliability | Issues noted include delayed deliveries or orders marked delivered without receipt. |
Product Quality | Reports of receiving damaged, dry, or used plants indicate quality control challenges. |
Based on multiple reviews detailed on Trustpilot, customer sentiment is largely unfavorable.
