# Powerhouse91

Startup profile on Capital Atlas: https://capitalatlas.ai/startups/powerhouse91

- Industry: Retail
- Headquarters: Gurgaon, India
- Website: www.powerhouse91.com
- Total disclosed funding: $2.5M
- Latest round: Seed (Sep 25, 2021)
- Investors on record: 3

## About

Powerhouse91 is engaged in creating and distributing innovative self-care and wellness products designed specifically for women, providing solutions for health and fitness that cater to their unique needs.Founded in 2020 in Gurgaon, India, Powerhouse91 develops products focused on women's wellness and self-care. The company raised INR 36.98 mn in Seed funding on September 25, 2021, led by FJ Labs and RA Hospitality Holdings, achieving a post-money valuation of INR 1.675 billion. Founders Aqib Mohammed and Shashwat Diesh have brought their expertise to this venture, aiming to address the self-care market effectively.Powerhouse91 specializes in the development and distribution of self-care and wellness products tailored specifically for women. Their core offerings include a range of effective self-care items designed to meet the unique needs of female consumers, as well as functional fitness solutions that promote accessibility for all individuals. These products empower women by providing them with tools for personal care and fitness, addressing common challenges in maintaining health and well-being. Powerhouse91's customer base consists primarily of women seeking reliable and efficient self-care solutions, with products available in North America and select locations in Europe, where demand for wellness-oriented products is growing.In the most recent year of 2023, Powerhouse91 reported a revenue of INR 1,249,258.70 and an EBITDA of -INR 263,491.90. The company generates revenue through direct-to-consumer sales and partnerships with retailers, with subscription options for certain products to enhance customer convenience and loyalty.Following their Seed funding in September 2021, Powerhouse91 is focused on expanding its product line with new self-care items slated for release in the upcoming quarters. The company plans to penetrate new markets, specifically targeting additional regions in Europe and expanding their reach within North America by 2024. The recent funding will support these initiatives by enabling product development and enhancing market entry strategies.

## Funding rounds

- Seed, Sep 25, 2021, $0.5M — FJ Labs, RA Hospitality Holdings
- Seed, Jun 24, 2021, $2M — Crossbeam Venture Partners

## Investors

- Crossbeam Venture Partners (https://capitalatlas.ai/funds/crossbeam-venture-partners) — Seed
- FJ Labs (https://capitalatlas.ai/funds/fj-labs) — Seed
- RA Hospitality Holdings — Seed