Rare Planet Handicrafts Private Limited

Rare Planet Handicrafts Private Limited is an Indian company specializing in handcrafted terracotta and ceramic products, particularly decorative kitchenware that enhances everyday dining experiences. Founded in 2015 in Kolkata, India, Rare Planet Handicrafts Private Limited focuses on creating and selling artisanal handicrafts. The company has secured a total of 3 funding deals, with the most recent deal occurring on February 15, 2022, where it raised INR 158. 93 million from investors including EPIC Ventures and Z Nation Lab.

The company has not undergone any noted pivots in its business strategy since its inception, and there are no known subsidiaries or parent companies associated with it. The founders, Ranodeep Saha and Vijay Tr, have aimed to promote Indian cultural heritage through their product offerings. The current valuation of the company stands at INR 987. 214 million.

Rare Planet specializes in handcrafted terracotta and ceramic products, focusing on decorative and functional kitchenware. Their product range includes signature items such as handpainted kulhad coffee mugs, ceramic beer mugs, chai cups, and vases, designed to enhance the aesthetic appeal of dining experiences. The company targets consumers in urban markets across India and is expanding its reach to international customers interested in authentic Indian crafts. In 2023, Rare Planet reported revenue of INR 3,056,048.

1, with an EBITDA of INR 76,663. The company operates a direct-to-consumer model, facilitating transactions primarily through its online platform. This model allows for a diverse range of products, encouraging repeat business due to customer satisfaction with the quality and craftsmanship of their offerings. Following a recent funding round on February 15, 2022, where Rare Planet raised INR 158.

93 million, the company plans to utilize these funds to support the launch of new product lines and enhance its online presence. Specific upcoming products are expected to be introduced in the next year, targeting both domestic and international markets for expansion. The company aims to broaden its reach by introducing its unique handcrafted items to new audiences by mid-2024.