About Abraham & Thakore
Abraham & Thakore is a company based in Noida (India) founded in 1992 by David Abraham and Rakesh Thakore was acquired by Reliance Retail in March 2022.. Abraham & Thakore has raised $825.88 thousand across 1 funding round from investors including Reliance Retail and Vana. The company has 28 employees as of April 03, 2024. Abraham & Thakore offers products and services including Women's Clothing, Men's Clothing, and Home Accessories. Abraham & Thakore operates in a competitive market with competitors including Hopscotch, Bewakoof, Styched, Max Fashion and Be Young, among others.
- Headquarter Noida, India
- Employees 28 as on 03 Apr, 2024
- Founders David Abraham, Rakesh Thakore
- Stage Minicorn
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Sectors
Retail
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Phone
*********
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Website
*********
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Social
*********
- Legal Name Reliance A&T Fashions Private Limited
- Date of Incorporation 22 Feb, 1991
- Jurisdiction New Delhi, Delhi, India
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Annual Revenue
$882.53 K (USD)61.32as on Mar 31, 2023
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Net Profit
$-450.88 K (USD)23.63as on Mar 31, 2023
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EBITDA
$-323.43 K (USD)-29.95as on Mar 31, 2023
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Total Equity Funding
$825.88 K (USD)
in 1 rounds
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Latest Funding Round
$825.88 K (USD), Unspecified
Jan 04, 2018
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Investors
Reliance Retail
& 1 more
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Employee Count
28
as on Apr 03, 2024
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Acquired by
Reliance Retail
(Mar 01, 2022)
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Products & Services of Abraham & Thakore
Abraham & Thakore offers a comprehensive portfolio of products and services, including Women's Clothing, Men's Clothing, and Home Accessories. The company's diverse product and service offerings are designed to meet the evolving needs of its customers, address market demands, and provide comprehensive solutions that drive value creation and customer satisfaction across various segments and use cases.
Collection of dresses, tops, kurtas, and jackets for women.
Range of shirts, jackets, kurtas, and pants for men.
Items like candles, dinnerware, and cushion covers for home.
Funding Insights of Abraham & Thakore
Abraham & Thakore has successfully raised a total of $825.88K through 1 strategic funding round. The most recent funding activity was a Unspecified round of $825.88 thousand completed in January 2018. 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 Total Funding
- Total Rounds 1
- Last Round Unspecified — $825,882
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First Round
First Round
(04 Jan 2018)
- Investors Count 1
| Date | Amount | Transaction Name | Valuation | Lead Investors | Investors |
|---|---|---|---|---|---|
| Jan, 2018 | Amount | Unspecified - Abraham & Thakore | Valuation | Vana |
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| Date | Amount | Transaction Name | Valuation | Lead Investors | Investors |
|---|---|---|---|---|---|
| Jul, 2021 | Amount | Post-IPO - Grab | Valuation |
investors |
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| Feb, 2021 | Amount | Post-IPO - Grab | Valuation |
investors |
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| Jan, 2021 | Amount | Post-IPO - Grab | Valuation |
investors |
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| Feb, 2021 | Amount | Post-IPO - Grab | Valuation |
investors |
Investors in Abraham & Thakore
Abraham & Thakore has secured backing from 2 investors, including institutional investors. Prominent investors backing the company include Reliance Retail and Vana. This diverse investor base provides strategic capital, industry expertise, and valuable network connections that support the company's growth initiatives, market expansion, and long-term value creation.
| Investor | Description | Founded Year | Domain | Location |
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Founded Year | Domain | Location | |
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Retail chain offering diversified products
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Founded Year | Domain | Location |
| Investor | Description | Founded Year | Domain | Location |
|---|---|---|---|---|
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Single family office of Amitabh Bachchan, founder of Amitabh Bachchan Corporation or AB CORP
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Founded Year | Domain | Location | |
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Startup ecosystems are ignited through strategic investments by Signite Partners.
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Founded Year | Domain | Location | |
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Venture capital is directed toward companies in multiple sectors.
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Founded Year | Domain | Location | |
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Venture capital is invested in cybersecurity, fintech, and AI startups.
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Founded Year | Domain | Location |
Investments & Acquisitions by Abraham & Thakore
| Company Name | Description | Domain | Location | Founded Year | Amount |
|---|---|---|---|---|---|
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Bionic investment advisor platform
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2016 | ||||
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Fine Asian gourmet food is offered by an internet-first restaurant.
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2016 | ||||
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Physical e-commerce kiosks are deployed for rural purchases in Indonesia.
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2014 | ||||
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Fine Asian gourmet food is offered by an internet-first restaurant.
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2016 |
Financial Statements - Abraham Thakore
| Date | Amount | Transaction Name | Valuation | Lead Investors | Investors |
|---|---|---|---|---|---|
| Jul, 2021 | Amount | Post-IPO - Grab | Valuation |
investors |
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| Feb, 2021 | Amount | Post-IPO - Grab | Valuation |
investors |
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| Jan, 2021 | Amount | Post-IPO - Grab | Valuation |
investors |
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| Feb, 2021 | Amount | Post-IPO - Grab | Valuation |
investors |
Abraham & Thakore Comparisons
Competitors of Abraham & Thakore
Abraham & Thakore 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, Styched, Max Fashion and Be Young, among others. This competitive environment drives innovation, market differentiation, and strategic positioning as companies strive to capture market share and deliver value to their customers. Understanding the competitive dynamics is crucial for assessing market positioning, identifying growth opportunities, and navigating the challenges inherent in a competitive marketplace.
| Company Name | Domain | Founded year | HQ Location | Description |
|---|---|---|---|---|
| domain | founded_year | HQ Location |
Apparel and accessories for children are provided online.
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| domain | founded_year | HQ Location |
Multi-category fashion products are sold by an internet-first brand.
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| domain | founded_year | HQ Location |
Multi-category fashion for men and women is offered online.
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| domain | founded_year | HQ Location |
Internet first brand of clothing, footwear, and accessories for women, men, and kids
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| domain | founded_year | HQ Location |
Everyday fashion apparel, accessories, and combo options are retailed.
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| domain | founded_year | HQ Location |
Internet first brand offering apparel wear for women and men
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| Company Name | Domain | Founded year | HQ Location | Description |
|---|---|---|---|---|
| domain | founded_year | HQ Location |
Multiple services are booked via an app-based platform.
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| domain | founded_year | HQ Location |
On-demand services are booked through an app-based platform.
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| domain | founded_year | HQ Location |
App based platform offering on demand delivery and ride-hailing services
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| domain | founded_year | HQ Location |
Operates an on-demand hyperlocal delivery app for food and groceries.
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Latest news on Abraham & Thakore
Frequently Asked Questions about Abraham & Thakore
When was Abraham & Thakore founded?
Abraham & Thakore was founded in 1992 and raised its 1st funding round 26 years after it was founded.
Where is Abraham & Thakore located?
Abraham & Thakore is headquartered in Noida, India. It is registered at Noida, Uttar Pradesh, India.
Is Abraham & Thakore a funded company?
Abraham & Thakore is a funded company, having raised a total of $825.88K across 1 funding round to date. The company's 1st funding round was a Unspecified of $825.88K, raised on Jan 04, 2018.
How many employees does Abraham & Thakore have?
As of Apr 03, 2024, the latest employee count at Abraham & Thakore is 28.
What is the annual revenue of Abraham & Thakore?
Annual revenue of Abraham & Thakore is $882.53K as on Mar 31, 2023.
What does Abraham & Thakore do?
Abraham Thakore was established in 1992 in Noida, India, by co-founders David Abraham and Rakesh Thakore. Operations center on the ethnic apparel sector, where clothing lines for men and women are designed and distributed. The brand maintains an online presence via abrahamandthakore.com, serving the Indian market with a focus on traditional styles adapted for contemporary use. Key personnel include the co-founders, identified by their DIN and PAN details.
Who are the top competitors of Abraham & Thakore?
What products or services does Abraham & Thakore offer?
Abraham & Thakore offers Women's Clothing, Men's Clothing, and Home Accessories.
Who are Abraham & Thakore's investors?
Abraham & Thakore has 2 investors. Key investors include Reliance Retail, and Vana.
What is Abraham & Thakore's valuation?
The valuation of Abraham & Thakore is $2.07M as of Jan 2018.
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