Internet-first brand specializing in a diverse range of kitchen products across multiple categories
2009
Mumbai (India)
Series C
Wonderchef is a kitchenware and home appliances Headquartered in Mumbai, the brand emerged from their shared love of cooking—and their desire to bring modern, high-quality kitchen solutions to Indian homes.Operating in India’s massive $3–5 billion kitchen appliances and cookware industry, Wonderchef occupies a niche between price‑driven alternatives and under‑informed imports. With over 600 SKUs, presence in 10,000+ retail outlets, 25 exclusive brand stores in India and Mauritius, a direct sales network of 70,000+ women entrepreneurs.
Cookware & Bakeware: Non-stick pans, tri-ply steel sets, lightened cast-iron cookware (Ferro), pressure cookers, casseroles, and kitchen tools for low-oil, nutrient-saving cooking.
Nutri‑Blend Mixer Grinder: A compact, high-speed blender that extracts maximum nutrition—a bestseller in India, blending smoothie and spice-grounding efficiency in one unit.
Chef Magic Kitchen Robot: An all-in-one cooking device that chops, steams, sautées and even cleans itself—ideal for busy households craving convenience without sacrificing taste.
Rentals (WondeRent): A rental service allowing customers—especially students and transient professionals—to rent appliances monthly, aligning with sustainable, subscription-led lifestyle choices.
Direct Product Sales: The core revenue driver is branded cookware and appliances sold through their website, TV shopping shows, exclusive brand stores, multi-brand outlets, general trade and direct-to-home networks led by trained women entrepreneurs.
WondeRent Rental Service: This innovative offering allows customers to rent appliances on a monthly basis—a model designed for mobility-first millennials and those seeking affordability without compromise.
Omnichannel Retail & Franchise Network: Operating over 25 exclusive brand outlets, franchise stores in key cities and partnerships across 10,000+ retail points, Wonderchef blends physical presence with digital strength.
Exports & International Growth: Export sales make up about 5–7% of revenue today, with planned expansion into North America, Middle East and Southeast Asia as part of their ₹1,000 crore turnover goal within a few years
$49.8 Million
4
$20 Million, Series C
as of November 16, 2021
$80.6 Milion
as of February 18, 2022
1.61
as of February 18, 2022
Sixth Sense Ventures
and 4 more413
Cello World
N/A
Date | Round Name | Amount | Valuation | Revenue | Revenue Multiple | Investors |
---|---|---|---|---|---|---|
November 16, 2021 | Series C | $20 Million | $81 Million | $34.3 Million | 1.8x | Sixth Sense Ventures, Anamudi Real Estates, Godrej Family Office, Malpani Products |
June 20, 2018 | Series B | $11.5 Million | $65.5 Million | $30.8 Million | 2.1x | Amicus Capital Partners, LDI |
June 25, 2015 | Series A | $16.2 Million | $46.2 Million | $19.3 Million | 2.3x | LDI,UC Capital,Capvent |
May 29, 2014 | Seed | $2.5 Million | $19.1 Million | - | - | Vervima Company, Prominvesco Cyprus |