About Armima
Armima is a company based in Surat (India) founded in 2022. It operates as a D2C, and B2C. Armima offers products and services including Banarasi Sarees, Kanjivaram Sarees, and Paithani Sarees. Armima operates in a competitive market with competitors including Fashor, Tjori, Suta, Dressfolk and House of Chikankari, among others.
- Headquarter Surat, India
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Sectors
Consumer
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Social
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Annual Revenue
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Products & Services of Armima
Armima offers a comprehensive portfolio of products and services, including Banarasi Sarees, Kanjivaram Sarees, and Paithani Sarees. 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.
Intricately woven silk sarees from India for special occasions.
Luxurious South Indian silk sarees for weddings and events.
Traditional Maharashtrian silk sarees with detailed designs.
Funding Insights of Armima
| 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 |
Investments & Acquisitions by Armima
| 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 - Armima
| 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 |
Armima Comparisons
Competitors of Armima
Armima 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, Tjori, Suta, Dressfolk and House of Chikankari, 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 |
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| domain | founded_year | HQ Location |
Ethnic wear for women is offered via an internet-first brand.
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| domain | founded_year | HQ Location |
Ethnic fashion products are retailed online from curated artisan sources.
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| domain | founded_year | HQ Location |
Online platform selling traditional Indian apparel and accessories.
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| domain | founded_year | HQ Location |
Handcrafted ethnic wear for women is offered online by Dressfolk.
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| domain | founded_year | HQ Location |
Hand-embroidered Chikankari apparel for men and women is provided.
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| domain | founded_year | HQ Location |
Online ethnic wear apparel for women is offered by Shree.
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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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Frequently Asked Questions about Armima
When was Armima founded?
Armima was founded in 2022.
Where is Armima located?
Armima is headquartered in Surat, India. It is registered at Surat, Gujarat, India.
What does Armima do?
Armima operates as an e-commerce site specializing in premium ethnic sarees such as Banarasi, Kanjivaram, and Paithani styles. It offers a wide range of fabrics and designs, catering to customers for weddings, parties, and casual wear. Based in Surat, Gujarat, India, the company provides free shipping across the country, easy returns, and quality assurance. It serves individual consumers seeking authentic traditional attire through its online platform.
Who are the top competitors of Armima?
Armima's top competitors include Fashor, Dressfolk and House of Chikankari.
What products or services does Armima offer?
Armima offers Banarasi Sarees, Kanjivaram Sarees, and Paithani Sarees.