Amsty

Dharwad, India Founded: 2019 • Age: 7 yrs
Online platform selling handloom sarees from India directly to customers.

About Amsty

Amsty is a Consumer company based in Dharwad (India) founded in 2019. It operates as an online platform selling handloom sarees from India directly to customers. It operates on a D2C and B2C model. Amsty offers products and services including Banahatti Cotton Saree, Ilkal Checks Cotton Silk Saree, Ilkal Pure Cotton Hand Embroidery Saree, and Kanchipuram Silk Saree. Its focus areas include E-commerce, Fashion, Traditional Textiles and Apparel. Its legal entity in India is Amsty Technology Private Limited (U52609KA2019PTC129588). Its competitors include FirstCry, Babyoye, Newmi, thenestery and Jollee and 2 more; 6 of its 7 listed competitors have raised funding.

Company details

Amsty operates as an e-commerce platform specializing in traditional handloom sarees, connecting customers with artisans. Based in Dharwad, Karnataka, India, it facilitates online purchases with features like free shipping and no-cost EMI. The company supports local weavers by providing a marketplace that preserves Indias textile heritage, serving consumers seeking authentic apparel through direct sales.

Key Metrics
  • Net Loss
    -₹74,559

    FY 2020 · 0% margin

  • EBITDA
    -₹68,559

    FY 2020 · 0% margin

Products & Services of Amsty

Amsty offers a comprehensive portfolio of products and services, including Banahatti Cotton Saree, Ilkal Checks Cotton Silk Saree, Ilkal Pure Cotton Hand Embroidery Saree, and Kanchipuram Silk Saree.

Banahatti Cotton Saree
Saree

Traditional cotton saree for everyday Indian wear.

Ilkal Checks Cotton Silk Saree
Saree

Handwoven silk saree with checks for cultural occasions.

Ilkal Pure Cotton Hand Embroidery Saree
Saree

Embroidered cotton saree representing authentic handloom craft.

Kanchipuram Silk Saree
Saree

Premium silk saree for formal and festive events.

Board of directors of Amsty Technology Private Limited (Amsty)

Amsty Technology Private Limited is the primary company behind Amsty. The board of Amsty Technology Private Limited currently have 2 directors; the longest-serving is Suresh Mallappa Hanchinal, appointed in 2019. 1 earlier director has ceased.

DirectorDesignationAppointedTenureEntity
Suresh Mallappa Hanchinal
DIN 08610700
Director14 Nov 20196 yrs 11 moAmsty Technology Private Limited
Shilpa Hanchinal
DIN 08610702
Director14 Nov 20196 yrs 11 moAmsty Technology Private Limited

Financials of Amsty

Figures of Amsty Technology Private Limited, the primary company behind Amsty, for FY 2020. Net loss was -₹74,559 (0% margin). EBITDA was -₹68,559 (0% margin).

  • -₹74,559Net loss · 0% margin
  • -₹68,559EBITDA · 0% margin
  • ₹1 LakhPaid-up capital

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

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Detailed financial statements for Amsty

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Competitors of Amsty

Amsty has 7 listed competitors in our database, 6 of them funded. They include FirstCry, Babyoye, Newmi, thenestery and Jollee, among others.

Company NameDomainFoundedHQ LocationTotal fundingEmployeesDescription
firstcry.com2010Pune, India$513.39M6,895
Online platform offering a wide range of baby, kids, and maternity products
babyoye.com2010Bengaluru, India$14.5M–
Online portal for baby products, pregnancy infant-care and mother-care products
newmi.in2021Gurugram, India$2.03M25
Products and services for women's health and wellness are provided.
thenestery.in2017Noida, India$1.76M6
Online retailer of baby products
jollee.in2022Gurugram, India$1.26M11
Multi-category mom and baby care products are retailed online.
famyo.in2023Bengaluru, India$457,764–
Platform offering accessories and fashion products for kids
themomstore.in2018Bengaluru, India–21
An online retail platform specializing in multicategory mom and baby care products.
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Detailed competitors of Amsty

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Top companies in Fashion & Lifestyle Products

10 companies that operate in the same segment as Amsty (Fashion & Lifestyle Products), 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
Internet first brand offering eyewear for men and women
2010New York, New York, United StatesUSD 572.57 MUSD 871.9 M2,854
Luxury goods, jewelry, watches, and fashion accessories are retailed globally.
1988Geneve, Geneve, Switzerland–USD 26.07 B–
Jewellery is retailed via stores and an online platform.
1993Thrissur, Kerala, India–USD 3.81 B12,530
Fine jewelry brand
1994Bengaluru, Karnataka, India–USD 6.03 B7,331
Company offering diverse collection of watches for men, women, and children, featuring various styles from formal to casual
1984Bengaluru, Karnataka, India–USD 9.32 B17,820
Cowboy boots, western wear, and workwear are retailed by BootBarn.
1978Irvine, California, United States–USD 2.25 B10,400
Internet first brand of fashion products for men and women
1999London, England, United Kingdom–USD 3.31 B3,210
Retail jewellery store offering multiple gold and silver products
1991Madurai, Tamil Nadu, India–USD 905.85 M3,090
Retailer of gold, diamond, platinum jewellery, coins and bars for men and women
1994Kolkata, West Bengal, India–USD 898.49 M2,900
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Frequently Asked Questions about Amsty

Amsty was founded in 2019.

Amsty is headquartered in Dharwad, India. It is registered at Dharwad, Karnataka, India.

Amsty operates as an e-commerce platform specializing in traditional handloom sarees, connecting customers with artisans. Based in Dharwad, Karnataka, India, it facilitates online purchases with features like free shipping and no-cost EMI. The company supports local weavers by providing a marketplace that preserves Indias textile heritage, serving consumers seeking authentic apparel through direct sales.

Amsty's top competitors include FirstCry, Newmi and Jollee.

Amsty offers Banahatti Cotton Saree, Ilkal Checks Cotton Silk Saree, Ilkal Pure Cotton Hand Embroidery Saree, and Kanchipuram Silk Saree.

Amsty operates through Amsty Technology Private Limited.

The legal entities of Amsty currently have 2 directors, including Suresh Mallappa Hanchinal, Shilpa Hanchinal.

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