109°F

Mumbai, India Founded: 2006 • Age: 20 yrs
Internet first brand of western apparel wear for women
Annual revenue $1.3M Latest available
Total funding $4.9M 2 rounds
Employees 26 Tracked headcount
Investors 5 Known backers
Products - Services tracked
Competitors 8 Brand Intelligence

About 109°F

109°F is a company based in Mumbai (India) founded in 2006 by Birendra Agarwal and Rahul Mehta. 109°F has raised $4.88 million across 2 funding rounds from investors including Aditya Birla Capital, Creative Group and Birendra Agarwal. The company has 26 employees as of March 31, 2024. 109°F operates in a competitive market with competitors including Hopscotch, Bewakoof, Urbanic, Styched and Virgio, among others.

  • Headquarter Mumbai, India
  • Employees 26 as on 31 Mar, 2024
  • Founders Birendra Agarwal, Rahul Mehta
  • Stage Minicorn
  • Sectors
    Retail
  • Phone
    Locked
  • Website
    Locked
  • Social
    Locked
Operational Areas
Retail → Fashion & Retail Innovation Unlock Sub-Sector Unlock Segment
Retail → Consumer & Fashion Retail Unlock Sub-Sector Unlock Segment
Key Metrics
  • Annual Revenue
    $1.28 M (USD)
    -24
    as on Mar 31, 2024
  • Net Profit
    -$157.29 K (USD)
    47
    as on Mar 31, 2024
  • EBITDA
    -$141.28 K (USD)
    49
    as on Mar 31, 2024
  • Total Equity Funding
    $4.88 M (USD)

    in 2 rounds

  • Latest Funding Round
    $4.88 M (USD), Private Equity Round

    Sep 15, 2015

  • Investors
  • Employee Count
    26

    as on Mar 31, 2024

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Funding Insights of 109°F

109°F has successfully raised a total of $4.88M across 2 strategic funding rounds. The most recent funding activity was a Private Equity Round of $4.88 million completed in September 2015. This substantial capital infusion reflects strong investor confidence in the company's business model, growth potential, and market opportunities. The funding enables strategic expansion, product development, market penetration, and operational scaling to drive long-term value creation and competitive advantage.

Investors in 109°F

109°F has secured backing from 5 investors, including institutional and angel investors. Prominent investors backing the company include Aditya Birla Capital, Creative Group and Birendra Agarwal.

All
Institutional
Angel
Investor Description Founded Year Domain Location
Diversified financial services including investment, insurance, and lending are offered.
Locked Locked Locked
Diversified operations are maintained in textile manufacturing and energy sectors.
Locked Locked Locked

Birendra Agarwal

-
Locked Locked Locked
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Investor details for 109F

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Investments & Acquisitions by 109°F

Investments
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Investment portfolio details for 109F

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Financial Statements - 109F

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Detailed financials for 109F

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109°F Comparisons

109°F Primary company
Description
Internet first brand of western apparel wear for women
Location
Mumbai, India
Founded Year
2006
Annual Revenue
$1.28 M (USD)
Net Profit
-$157.29 K (USD)
EBITDA
-$141.28 K (USD)
Employees
26
As of 2024
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Peer comparison for 109F

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Competitors of 109°F

109°F operates in a dynamic and competitive business environment, facing competition from various established players and emerging companies in the market. The competitive landscape includes prominent companies such as Hopscotch, Bewakoof, Urbanic, Styched and Virgio, among others.

Company Name Domain Founded year HQ Location Description
Locked Locked Locked
Apparel and accessories for children are provided online.
Locked Locked Locked
Multi-category fashion products are sold by an internet-first brand.
Locked Locked Locked
Multi-category women's fashion apparel is offered online by Urbanic.
Locked Locked Locked
Multi-category fashion for men and women is offered online.
Locked Locked Locked
Internet first brand offering apparel for men and women
Locked Locked Locked
Online platform offering trendy and bold denim apparel
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Detailed competitors of 109F

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Latest news on 109°F

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Complete news archive for 109F

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Frequently Asked Questions about 109°F

109°F was founded in 2006 and raised its 1st funding round 7 years after it was founded.

109°F is headquartered in Mumbai, India. It is registered at Mumbai, Maharashtra, India.

109°F is a funded company, having raised a total of $4.88M across 2 funding rounds to date.

As of Mar 31, 2024, the latest employee count at 109°F is 26.

Annual revenue of 109°F is $1.28M as on Mar 31, 2024.

Owned by Creative Group, 109F is a womens fashion brand focused on western and contemporary clothing. 109F product portfolio consists of tops, tunics, dresses, kurtis, T-shirts, jackets, sweaters, jeans, capris, shorts, hot pants, leggings and jeggings. Its sub-brand Fusion Beats is more focused on younger audience in the age group 18 to 30 years. The brand now has 28 EBOs, 338 shop-in shops and 191 MBOs, also available online with portals like Myntra, Jabong, Flipkart, Fashionara, Miraistore and Koovs among others.

109°F's top competitors include Freakins, Hopscotch and Bewakoof.

109°F has 5 investors. Key investors include Aditya Birla Capital, Creative Group, Birendra Agarwal, Kaushalya Birendra Agarwal, and Kaushalya Birendra Agarwal.

The valuation of 109°F is $41.72M as of Sep 2015.

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