Abhishti

Delhi, India Founded: 2012 • Age: 14 yrs Acquired By GOAT Brand Labs
Internet first brand offering ethnic wear for men and women

About Abhishti

Abhishti is a company based in Delhi (India) founded in 2012 by Rakesh Sareen was acquired by GOAT Brand Labs in January 2022. Abhishti has raised $266.37 thousand across 1 funding round from investors including GOAT Brand Labs. The company has 3 employees. Abhishti offers products and services including Kurtas, Sarees, and Dresses. Abhishti operates in a competitive market with competitors including Fashor, Suta, Dressfolk, Koskii and House of Chikankari, among others.

Key Metrics
  • Annual Revenue
    ₹4.81 Cr

    FY 2024 · -8% YoY

  • Net Loss
    -₹3.28 Cr

    FY 2024 · -68% margin

  • EBITDA
    -₹3.06 Cr

    FY 2024 · -64% margin

  • Total Equity Funding
    $266.37K (USD)

    in 1 rounds

  • Latest Funding Round
    $266.37K (USD), Seed

    Nov 2021

  • Investors
  • Employee Count
    3
  • Acquired by

Products & Services of Abhishti

Abhishti offers a comprehensive portfolio of products and services, including Kurtas, Sarees, and Dresses.

Kurtas
Apparel

Traditional Indian tops for ethnic occasions and daily wear

Sarees
Apparel

Indian ethnic dresses with woven designs for celebrations

Dresses
Apparel

Contemporary ethnic dresses blending modern and traditional styles

Funding Insights of Abhishti

Abhishti has successfully raised a total of $266.37K through 1 strategic funding round. The most recent funding activity was a Seed round of $266.37 thousand completed in November 2021. 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.

  • Total Funding $266,370
  • Total Rounds 1
  • Last Round Seed β€” $266,370
  • First Round $266,370

    (Nov 2021)

  • Investors Count 1

All 1 funding rounds of Abhishti with amounts and investors; the two latest post-money valuations are shown, the rest are part of the premium plan.

DateAmountTransaction NameValuationLead InvestorsInvestors
Nov 2021$266,370Seed$555,403GOAT Brand Labs
–
Valuation history

Last known valuation $555,403 (Nov 2021). 1 investors in total: 1 institutional.

Investors in Abhishti

Abhishti has secured backing from 1 investor, including institutional investors. Prominent investors backing the company include GOAT Brand Labs.

All
Institutional
InvestorDescriptionFounded YearDomainLocation
Investment and scaling of D2C lifestyle brands are facilitated.
2021goatbrandlabs.comBengaluru, India
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Investor details for Abhishti

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Board of directors of Abhishti Textile Private Limited (Abhishti)

Abhishti Textile Private Limited is the primary company behind Abhishti. The board of Abhishti Textile Private Limited currently have 2 directors; the longest-serving is Anshuman Khanna, appointed in 2022. 7 earlier directors have ceased.

DirectorDesignationAppointedTenureEntity
Anshuman Khanna
DIN 02949770
Director10 Jan 20224 yrs 9 moAbhishti Textile Private Limited
Ria Mittal
DIN 10913773
Nominee Director31 Jan 20251 yr 8 moAbhishti Textile Private Limited

People of Abhishti

1 people are tracked at Abhishti (1 in leadership); the tracked headcount is 3.

NameRoleGroup
FounderLeadership
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Complete people profiles for Abhishti

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Financials of Abhishti

Figures of Abhishti Textile Private Limited, the primary company behind Abhishti, for FY 2024. Revenue was ₹4.81 Cr (-8% year on year). Net loss was -₹3.28 Cr (-68% margin). EBITDA was -₹3.06 Cr (-64% margin). Revenue has grown at a compounded annual rate of +38% over three years.

  • ₹4.81 CrRevenue · FY 2024 · -8% YoY
  • -₹3.28 CrNet loss · -68% margin
  • -₹3.06 CrEBITDA · -64% margin
  • ₹69.2 LakhPaid-up capital
  • 3Employees (provident fund records)
  • +38%Revenue CAGR, 3 years

Balance sheet, profit and loss, cash flow and ratios of Abhishti Textile Private Limited are on its company page.

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Detailed financial statements for Abhishti

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Timeline of Abhishti

3 dated milestones of Abhishti across 10 years, from founding to its latest funding, stage changes and deals.

  1. Founded Abhishti is founded.
  2. Funding First funding round of $266K.
  3. Exit Acquired by GOAT Brand Labs.

Competitors of Abhishti

Abhishti 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 Fashor, Suta, Dressfolk, Koskii and House of Chikankari, among others.

Company NameDomainFoundedHQ LocationTotal fundingEmployeesDescription
fashor.com2017Chennai, India$6.23M232
Ethnic wear for women is offered via an internet-first brand.
suta.in2016Mumbai, India–231
Online platform selling traditional Indian apparel and accessories.
dressfolk.com2015Delhi, India$838,7365
Handcrafted ethnic wear for women is offered online by Dressfolk.
koskii.com2017Bengaluru, India$7.44M442
Ethnic wear for women is offered online by Koskii.
houseofchikankari.in2020Delhi, India$176,55180
Hand-embroidered Chikankari apparel for men and women is provided.
truebrowns.com2016Gurugram, India$389,74550
Women's apparel is offered through an internet-first brand.
shobitam.com2019Sammamish, United States––
Ethnic wear for women is offered online by Shobitam.
isadoralife.com2019Raipur, India$85,103–
Ethnic wear for women is offered via an internet-first brand.
tjori.com2011Delhi, India$3.62M14
Ethnic fashion products are retailed online from curated artisan sources.
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Detailed competitors of Abhishti

The full competitor set, operating metrics and side-by-side benchmarks require an active premium plan.

  • Full competitor set
  • Operating metrics
  • Benchmarks
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Web traffic of Abhishti

The website of Abhishti (abhishti.com) receives about 18.9K visits a month.

  • Monthly visits
    18.9K

    ▲ 37.7% vs previous month

Similar websites

Websites whose visitors overlap most with Abhishti. Affinity shows how closely the audiences match.

WebsiteDomainAudience affinityMonthly visitsGlobal rankProfile
theethnic.co
100%
680.7K#1,001,651View details
oldmarigold.com
99%
43.3K#667,804View details
kusvaa.com
kusvaa.com
99%
–#717,415–
ampm.in
89%
30.8K#966,985View details
nishorama.com
nishorama.com
88%
–––
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β€’β€’β€’β€’β€’β€’β€’β€’β€’β€’β€’β€’β€’β€’β€’β€’.comβ€’β€’%β€’.β€’M#‒‒‒‒‒–
β€’β€’β€’β€’β€’β€’β€’β€’β€’β€’β€’β€’β€’β€’β€’β€’.comβ€’β€’%β€’.β€’M#‒‒‒‒‒–
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All 39 similar websites and full traffic analytics for Abhishti

The complete similar-websites list, audience overlap and engagement analytics require an active premium plan.

  • 39 similar websites
  • Audience overlap
  • Engagement analytics
  • Traffic by brand

Verified entity values are shown only after access is granted.

Similar companies to Abhishti

10 companies that operate in the same segment as Abhishti (Fashion & Lifestyle E-Commerce), ranked by their profile score on The Company Check.

CompanyDescriptionFoundedLocationTotal fundingRevenueEmployees
Eyewear is offered online for men, women, and kids.
2010Gurugram, Haryana, IndiaUSD 1.08 BUSD 939.4 M–
Fashion and lifestyle products are offered via an online marketplace.
2007Bengaluru, Karnataka, IndiaUSD 123.71 MUSD 542.17 M1,108
Gold and silver jewellery, lab-grown diamonds, and accessories are retailed.
2019Bengaluru, Karnataka, IndiaUSD 142.34 MUSD 32.66 M711
Photo editing and sharing apps are developed by Meitu.
2008Xiamen, Fujian, ChinaUSD 525 MUSD 536.99 M2,420
Subscription-based jewelry is provided by digital-first brand BlueStone.
2011Bengaluru, Karnataka, IndiaUSD 254.97 MUSD 259.64 M3,210
Men's fashion apparel is offered online by Bonobos.
2007New York, New York, United StatesUSD 127.67 M––
Metabolic health is tracked via devices and fitness platforms.
2019Bengaluru, Karnataka, IndiaUSD 163.28 MUSD 65.48 M274
Pre-owned fashion products are sold via an online marketplace.
2008Vilnius, LithuaniaUSD 872.04 M––
Online rental platform offering multi-category fashion products and accessories
2009New York, New York, United StatesUSD 326.35 MUSD 306.2 M850
Customizable smart lock screen experiences are developed for mobile devices.
2019Bengaluru, Karnataka, IndiaUSD 390 M––
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Frequently Asked Questions about Abhishti

Abhishti was founded in 2012 and raised its 1st funding round 9 years after it was founded.

Abhishti is headquartered in Delhi, India. It is registered at Delhi, Delhi, India.

Abhishti is a funded company, having raised a total of $266.37K across 1 funding round to date. The company's 1st funding round was a Seed of $266.37K, raised on Nov 2021.

Abhishti has 3 employees.

The primary company behind Abhishti, Abhishti Textile Private Limited, reported revenue of β‚Ή4.81 Cr for FY 2024, down 8% year on year.

Abhishti was founded in 2012 in Delhi, India, by Rakesh Sareen as an internet-first brand in the fashion sector. Ethnic apparel for men and women is provided through the domain abhishti.com. The product range includes kurta sets, kurtas, kurtis, dresses, tops, shrugs, kurta pyjamas, jackets, afgani pants, and dupattas. Operations focus on online sales within the Indian market.

Abhishti's top competitors include Fashor, Dressfolk and House of Chikankari.

Abhishti offers Kurtas, Sarees, and Dresses.

Abhishti has 1 investor. Key investors include GOAT Brand Labs.

The valuation of Abhishti is $555.4K as of Nov 2021.

Abhishti operates through Abhishti Textile Private Limited.

Yes. Abhishti was acquired by GOAT Brand Labs in January 2022.

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