Elanic Overview
- Founded
-
2015

- Status
-
Acquired/Merged
- Latest Deal Type
-
M&A
Elanic General Information
Description
Provider of peer-to-peer fashion marketplace designed for selling and buying women's pre-owned fashion goods. The company's peer-to-peer fashion marketplace that connects shoppers who want to sell used fashion brands to buyers, enabling users to sell their used clothes across the country hassle-free by picking up the sold products from the seller, packing the item and then shipping it to the buyer.
Contact Information
Website
www.elanic.in
Ownership Status
Acquired/Merged
(Operating Subsidiary)
(Operating Subsidiary)
Financing Status
Formerly VC-backed
Primary Industry
Other Services (B2C Non-Financial)
Other Industries
Application Software
Parent Company
Primary Office
- Number 1, Gutte Anjaneya Temple Street
- Hosur Main Road, Wilson Garden
- Bangalore, 560027
- India
+91 080 0000 0000
Elanic Valuation & Funding
Deal Type | Date | Amount | Raised to Date | Post-Val | Status | Stage |
---|---|---|---|---|---|---|
5. Merger/Acquisition | 25-Feb-2020 | 00.000 | Completed | Generating Revenue | ||
4. Early Stage VC (Series A1) | 04-Oct-2017 | 00000 | 00.000 | 00.000 | Completed | Generating Revenue |
3. Early Stage VC (Series A) | 26-May-2016 | 00000 | 00000 | 00.000 | Completed | Startup |
2. Early Stage VC (Series A) | 22-Dec-2015 | $352K | $642K | 00.000 | Completed | Startup |
1. Seed Round | 06-Jul-2015 | $290K | $290K | 00.000 | Completed | Startup |
Elanic Cap Table
Stock | # of Shares Authorized |
Par Value | Dividend Rate (%) | Original Issue Price |
Liquidation | Liquidation Pref. Multiple |
Conversion Price | % Owned |
---|---|---|---|---|---|---|---|---|
Series A1 Preference | 0,000 | 00.000000 | 0000.00 | 0000.00 | 00 | 0000.00 | 00.000 | |
Series Seed A Preference | 0,000 | 00.000000 | 0000.0 | 0000.0 | 00 | 0000.0 | 0.000 | |
Series Pre-A Preference | 1,203 | $0.154937 | $301.54 | $301.54 | 1x | $301.54 | 7.42% | |
Series Seed Preference | 2,775 | $0.154937 | $103.1 | $103.1 | 1x | $103.1 | 17.13% |
Elanic Comparisons
Description
Primary
Industry
Industry
HQ Location
Employees
Total Raised
Post Valuation
Last
Financing
Details
Financing
Details
Provider of peer-to-peer fashion marketplace designed for selling and buying women's pre-owned fashion goods. The compan
Other Services (B2C Non-Financial)
Bangalore, India
00.000
000000&0
00.000
Elanic Competitors (6)
Company Name | Financing Status | Location | Employees | Total Raised | Last Financing Date/Type | Last Financing Amount |
---|---|---|---|---|---|---|
GoodBuy Gear | Venture Capital-Backed | Arvada, CO | 00 | 000.00 | 00000000000 | 000.00 |
00000 | Formerly VC-backed | New York, NY | 000 | 00000 | 000000&0 | 00000 |
0000000 | Formerly VC-backed | Culver City, CA | 000 | 00000 | 000000&0 | 00000 |
0000000 (00000000 | Formerly VC-backed | Palo Alto, CA | 0000 | 00000 | 000000 - 000 | 00000 |
000000 | Venture Capital-Backed | Vilnius, Lithuania | 0000 | 00000 | 00000000000 | 00000 |
Elanic Former Investors (5)
Investor Name | Investor Type | Holding | Investor Since | Participating Rounds | Contact Info |
---|---|---|---|---|---|
Aneesh Reddy | Angel (individual) | Minority | 000 0000 | 000000 0 | |
BEENEXT Capital Management | Venture Capital | Minority | 000 0000 | 000000 0 | |
DG Ventures (Digital Garage Group) | Corporate Venture Capital | Minority | 000 0000 | 000000 0 | |
Rebright Partners | Venture Capital | Minority | 000 0000 | 000000 0 | |
Tracxn Labs | Accelerator/Incubator | Minority | 000 0000 | 000000 0 |
Elanic Acquisitions (1)
Company Name | Deal Date | Deal Type | Deal Size | Industry | Lead Partner |
---|---|---|---|---|---|
000000000.000 | 20-Jul-2017 | 0000000000 | Other Apparel | 00000000 |