About Almo Wear
Almo Wear is a company based in Gurugram (India) founded in 2019 by Subir Ghosh and Abhishek Shah. It operates as a Direct-to-Consumer (D2C). Almo Wear has raised $3.16 million across 5 funding rounds from investors including Wellfound, LetsVenture and Beacon Trusteeship. The company has 2 employees as of April 06, 2024. Almo Wear offers products and services including Micromodal Innerwear, Better Cotton T-Shirt, and Heatlock Thermal Set. Almo Wear operates in a competitive market with competitors including Bummer, Organic Basics, Freecultr, Tailor And Circus and Modern Crew, among others.
- Headquarter Gurugram, India
- Employees 2 as on 06 Apr, 2024
- Founders Subir Ghosh, Abhishek Shah
- Stage Minicorn
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Sectors
Retail
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Email
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Phone
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Website
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Social
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- Legal Name Almo Digital Private Limited
- Date of Incorporation 16 Mar, 2018
- Jurisdiction Gurugram, Haryana, India
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Annual Revenue
$824.99 K (USD)55.27as on Mar 31, 2023
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Net Profit
-$586.45 K (USD)-60.97as on Mar 31, 2023
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EBITDA
-$970.29 K (USD)-156.74as on Mar 31, 2023
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Total Equity Funding
$3.16 M (USD)
in 5 rounds
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Latest Funding Round
$762.24 K (USD), Seed
Jun 09, 2022
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Investors
Wellfound
& 79 more
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Employee Count
2
as on Apr 06, 2024
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Products & Services of Almo Wear
Almo Wear offers a comprehensive portfolio of products and services, including Micromodal Innerwear, Better Cotton T-Shirt, and Heatlock Thermal Set.
Comfortable innerwear made from soft, breathable micromodal fabric.
Sustainable cotton t-shirts designed for everyday casual wear.
Lightweight thermal wear crafted for warmth in cold seasons.
People of Almo Wear
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Funding Insights of Almo Wear
Almo Wear has successfully raised a total of $3.16M across 5 strategic funding rounds. The most recent funding activity was a Seed round of $762.24 thousand completed in June 2022. 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 Almo Wear
Almo Wear has secured backing from 80 investors, including venture fund, institutional, and angel investors. Prominent investors backing the company include Wellfound, LetsVenture and Beacon Trusteeship.
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Micro venture capital fund focused on tech startups
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Investor details for Almo Wear
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Investments & Acquisitions by Almo Wear
Investment portfolio details for Almo Wear
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Financial Statements - Almo Wear
Detailed financials for Almo Wear
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Almo Wear Comparisons
Peer comparison for Almo Wear
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Competitors of Almo Wear
Almo Wear 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 Bummer, Organic Basics, Freecultr, Tailor And Circus and Modern Crew, among others.
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Online platform offering multi-category innerwears and swim suite for both mena nd women
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Internet first brand offering innerwear for women and men
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Internet first brand offering eco-friendly innerwear for men and women
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Internet first brand of under & maternity wear for men and women
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Premium men's innerwear and loungewear online retailer
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Sustainable innerwear for men is provided by an internet-first brand.
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Detailed competitors of Almo Wear
Competitor domains, locations, full profiles, and operating metrics require an active premium plan.
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Latest news on Almo Wear
Complete news archive for Almo Wear
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Frequently Asked Questions about Almo Wear
Almo Wear was founded in 2019 and raised its 1st funding round 1 year after it was founded.
Almo Wear is headquartered in Gurugram, India. It is registered at Gurugram, Haryana, India.
Almo Wear is a funded company, having raised a total of $3.16M across 5 funding rounds to date.
As of Apr 06, 2024, the latest employee count at Almo Wear is 2.
Annual revenue of Almo Wear is $824.99K as on Mar 31, 2023.
Mens essential clothing is designed and sold by Almo Wear, focusing on underwear, topwear, loungewear, and accessories. Sustainable materials like Better Cotton and innovative fabrics such as Micromodal and Heatlock are utilized to ensure comfort and environmental responsibility. The company caters to daily wear needs with a focus on sophistication and individuality, operating primarily in the apparel sector.
Almo Wear's top competitors include Bummer, Organic Basics and Freecultr.
Almo Wear offers Micromodal Innerwear, Better Cotton T-Shirt, and Heatlock Thermal Set.
Almo Wear has 80 investors. Key investors include Wellfound, LetsVenture, Beacon Trusteeship, Upsparks Capital, and G2G Technologies.
The valuation of Almo Wear is $6.55M as of Jun 2022.