Powerhouse91 hits Rs 100 Cr ARR and EBITDA profitability with just $2.5 Mn funding

Here’s a structured summary based on the provided information about Powerhouse91:

Startup Overview:

• Startup Name: Powerhouse91
• Founders: Aqib Mohammed and Shashwat Diesh
• Launch Date: Early 2022
• Brands:
  • Azah (feminine hygiene and wellness)
  • Slovic (fitness)

Funding Details:

• Total Fundraised: $2.5 million
• Funding Round: Latest round (specific series not mentioned)
• Date of Latest Funding: March 2024
• Investors:
  • Titan Capital
  • Haresh Chawla
  • FJ Labs
  • Crossbeam Venture Partners
  • Varun Alagh (co-founder of Mamaearth)

Financial Milestones:

• Annual Recurring Revenue (ARR): Crossed Rs 100 crore as of March 2024
• EBITDA Profitability: Achieved in April 2025
• Revenue: Reported Rs 40 crore for FY24
• Losses: Rs 5.97 crore in FY24
• Net Merchandise Value: Rs 77 crore in a recent month

Market Position:

Powerhouse91 operates primarily online, leveraging quick commerce and e-commerce platforms for sales.

Notes:

• The company emphasizes organic growth without significant venture capital reliance.
• It has shown financial discipline amid a volatile D2C market landscape.

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2025-04-30 09:51:42