Palette Brands

Palette Brands

Brand offering non-stick cookware, Apple accessories, and a variety of other products

Founded

2014

Headquarters

Bengaluru (India)

Status

Seed

Company Details

Palette Brands is a next-generation, design-driven house of digitally native brands (DNBs) focused on revolutionizing the Indian consumer goods landscape. Palette Brands targets the aspirational, affluent Indian consumer seeking high-quality, innovative, and stylish products that blend superior functionality with modern aesthetics. The company operates in the mass premium segment, addressing significant unmet needs in categories with large total addressable markets (TAM).

Core Products & Services

  • Ember: India’s first non-toxic, non-stick cookware brand, free from “forever chemicals” and inspired by vibrant Indian lifestyles and modern décor.

  • Totem: A brand of Apple accessories designed to elevate the Apple user experience, blending intuitive design with Apple’s ethos for the Indian market.

  • Unbottle: A reusable, sustainable drinkware line available in various colors and sizes, catering to both style and eco-consciousness.

  • Design & Innovation: Exclusive partnership with Box Clever, a globally renowned design studio, ensuring proprietary, patent-filed designs for cookware and drinkware.

  • Technology-Enabled Growth: Palette Brands leverages a robust tech infrastructure for rapid product development, supply chain management, marketing, and sales.

Unique Value Proposition

  • Whitespace Disruption: Focuses on under-innovated, high-potential categories like cookware, drinkware, and Apple accessories.

  • Superior Design & Functionality: Combines award-winning design aesthetics with high-performance materials and value-for-money pricing.

  • Sustainability: Emphasizes reusable, non-toxic, and eco-friendly products.

  • House of Brands Model: Enables operational synergies, cross-brand visibility, and efficient scaling across multiple product categories.

  • Experienced Leadership: Founders Siddharth Gadodia, Young Yun, Himanshi Tandon, and Bret Recor bring over 30 years of combined expertise in product development, technology, e-commerce, and brand building.

Business Model & Revenue Streams

  • Direct-to-Consumer (D2C) Sales: Primary revenue from its own e-commerce platforms, offering higher margins and direct customer relationships.

  • Marketplace Sales: Products available on leading online marketplaces, expanding reach to digital-first and mass-premium consumers.

  • Retail & Omni-Channel Expansion: Plans to scale via offline retail partnerships and omni-channel strategies for broader market penetration.

  • Intellectual Property: Proprietary designs and design patents for cookware and drinkware, creating defensible brand value and differentiation.

Customer Segmentation

  • B2C: Aspirational, affluent urban Indian consumers seeking premium, design-forward lifestyle products.

  • B2B: Potential partnerships with hospitality, gifting, and retail chains for bulk orders and collaborations.

Growth Strategy

  • Product Innovation: Continuous R&D and rapid launch of new SKUs in under-served categories (e.g., cookware, Apple accessories).

  • Market Expansion: Deepening pan-India presence and preparing for international launches.

  • Brand Building: Leveraging digital marketing, influencer partnerships, and content to build strong, aspirational brands.

  • Operational Synergies: House of Brands model enables cost optimization, cross-selling, and efficient scaling.

  • Strategic Partnerships: Exclusive collaboration with Box Clever for design, and partnerships with top-tier manufacturing and logistics vendors.

Key People

Siddharth Gadodia

Himanshi Tandon

Key Metrics

Total Equity Funding

$3.2 Million

No. of Funding Rounds

2

Latest Funding Round

$2 Million-, Seed

as of May 31, 2024

Post Money Valuation

-

as of N/A

Funding Multiple

-

as of N/A

Investors

Rockstud Capital

and 2 more

Employee Count

19

Similar Companies

The Sleep Company

Exit Details

N/A

All Funding Rounds

DateRound NameAmountValuationRevenueRevenue Multiple
Investors
May 31, 2024Seed$2 Million---- Rockstud Capital
October 3, 2022Seed$1 Million--- Dholakia Ventures, Inflection Point Ventures

Recent News