Amounee

Ahmedabad, India Founded: 2017 • Age: 9 yrs
Online marketplace for apparels by artisans

About Amounee

Amounee is a Retail company based in Ahmedabad (India) founded in 2017 by Megha Das, Praveen Piridi, and Ankita Lohiya. Online marketplace for apparels by artisans. Its website amounee.com draws about 20 thousand monthly visits. Amounee offers products and services including Handloom Sarees, Handicraft Shawls, and Handicraft Dupattas. Its focus areas include Consumer, Fashion Tech, B2C Commerce and Apparel. Its competitors include Pickmycloth, Weavesmart and Seamstress.

Company details

Amounee is an online marketplace for apparels by artisans. Product catalog includes sarees, stoles, dupatta and cushion covers. Various artisans listed are Ajrakh, Bandhej, Patola, and Tangaliya.

  • Headquarters Ahmedabad, India
  • Founders Megha Das, Praveen Piridi, Ankita Lohiya
  • Sectors
    Retail
  • Email
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  • Phone
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  • Website amounee.com/en-us
  • Social LinkedIn X Facebook Instagram YouTube
Key Metrics

Products & Services of Amounee

Amounee offers a comprehensive portfolio of products and services, including Handloom Sarees, Handicraft Shawls, and Handicraft Dupattas.

Handloom Sarees
Apparel

Traditional woven sarees crafted by Indian artisans.

Handicraft Shawls
Accessories

Woolen shawls with intricate traditional designs.

Handicraft Dupattas
Accessories

Colorful scarves featuring ethnic embroidery.

Apps and channels of Amounee

its YouTube channel Amounee Beyond Silence has 444 subscribers.

Amounee Beyond Silence
YouTube 444 subscribers Nonprofits & Activism
Open channel

Funding Insights of Amounee

  • Total Rounds 1
  • Investors Count 1

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

DateAmountTransaction NameValuationLead InvestorsInvestors
Mar 2024Seed–Upaya Social Ventures
–
Valuation history

1 investors in total: 1 institutional.

Investors in Amounee

Amounee has secured backing from 1 investor, including venture fund investors. Prominent investors backing the company include Upaya Social Ventures.

All
Venture Fund
InvestorDescriptionFounded YearDomainLocation
Startup acceleration programs and seed financing are provided in India.
upayasv.orgSeattle, United States
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Investor details for Amounee

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  • Round participation
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Verified entity values are shown only after access is granted.

Board of directors of Amounee

The boards of the 2 registered companies of Amounee currently have 2 directors; the longest-serving is Megha Das, appointed in 2020. 4 earlier directors have ceased.

DirectorDesignationAppointedTenureEntity
Megha Das
DIN 08422898
Managing Director28 Jul 20206 yrs 2 moAmounee Handloom Ventures Private Limited, Amounee Handloom (Opc) Private Limited
Rushi Kamlesh Pandya
DIN 09697281
Director24 Aug 20224 yrs 2 moAmounee Handloom Ventures Private Limited

People of Amounee

3 people are tracked at Amounee (3 in leadership).

NameRoleGroup
Co-FounderLeadership
Praveen Piridi
Co-FounderLeadership
Ankita Lohiya
Co-FounderLeadership
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Complete people profiles for Amounee

Full employee and board profiles, team structure, tenure and professional contact details require an active premium plan.

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  • Team structure
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Financials of Amounee

Figures of Amounee Handloom Ventures Private Limited, the primary company behind Amounee, for FY 2025. Revenue was ₹3.62 Cr (+91% year on year). Net profit was ₹19.4 Lakh (5% margin). EBITDA was ₹29.5 Lakh (8% margin). Revenue has grown at a compounded annual rate of +47% over three years.

  • ₹3.62 CrRevenue · FY 2025 · +91% YoY
  • ₹19.4 LakhNet profit · 5% margin
  • ₹29.5 LakhEBITDA · 8% margin
  • ₹6 LakhPaid-up capital
  • +47%Revenue CAGR, 3 years

Balance sheet, profit and loss, cash flow and ratios of Amounee Handloom Ventures Private Limited are on its company page.

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Detailed financial statements for Amounee

Statement rows, ratios, five-year trends and downloadable financials of the group companies require an active premium plan.

  • Statement rows
  • Financial ratios
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  • Downloads

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Timeline of Amounee

2 dated milestones of Amounee across 7 years, from founding to its latest funding, stage changes and deals.

  1. Founded Amounee is founded.
  2. Funding First funding round.

Competitors of Amounee

Amounee has 3 listed competitors in our database. They include Pickmycloth, Weavesmart and Seamstress.

Company NameDomainFoundedHQ LocationTotal fundingEmployeesDescription
pickmycloth.com2017Hyderabad, India
Handcrafted fashion apparels and leather bags are retailed online.
weavesmart.com2015Hyderabad, India
Operates an online store specializing in handloom products.
seamstress.co.in2015Thrissur, India
Creates and sells handwoven traditional clothing from Kerala villages.
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Detailed competitors of Amounee

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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Verified entity values are shown only after access is granted.

Web traffic of Amounee

The website of Amounee (amounee.com) receives about 19.6K visits a month.

  • Monthly visits
    19.6K
Similar websites

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

WebsiteDomainAudience affinityMonthly visitsGlobal rankProfile
goswadeshi.in
100%
56.7K#648,223View details
bharatsthali.com
93%
35.9K#733,879View details
priyaodisha.com
priyaodisha.com
92%
#1,842,587–
balaramsaha.com
90%
#943,088View details
villefashion.com
villefashion.com
88%
#496,837–
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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 40 similar websites and full traffic analytics for Amounee

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

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

Verified entity values are shown only after access is granted.

Top companies in Fashion & Lifestyle E-Commerce

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

CompanyDescriptionFoundedLocationTotal fundingRevenueEmployees
Eyewear is offered online for men, women, and kids.
2010Gurugram, Haryana, IndiaUSD 1.04 BUSD 939.4 M18,984
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
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Frequently Asked Questions about Amounee

Amounee was founded in 2017 and raised its 1st funding round 7 years after it was founded.

Amounee is headquartered in Ahmedabad, India. It is registered at Ahmedabad, Gujarat, India.

Amounee is an online marketplace for apparels by artisans. Product catalog includes sarees, stoles, dupatta and cushion covers. Various artisans listed are Ajrakh, Bandhej, Patola, and Tangaliya.

Amounee's top competitors include Pickmycloth, Weavesmart and Seamstress.

Amounee offers Handloom Sarees, Handicraft Shawls, and Handicraft Dupattas.

Amounee has 1 investor. Key investors include Upaya Social Ventures.

Amounee is associated with 2 legal entities: Amounee Handloom Ventures Private Limited, Amounee Handloom (Opc) Private Limited.

The legal entities of Amounee currently have 2 directors, including Rushi Kamlesh Pandya, Megha Das.

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