Asian Footwears

Delhi, India Founded: 1994 • Age: 32 yrs Minicorn
Internet first brand of sports, casual school shoes

About Asian Footwears

Asian Footwears is a Consumer company based in Delhi (India) founded in 1994 by Rajinder Jindal and Kiran Jindal. Internet first brand of sports, casual school shoes. Asian Footwears has raised $29.22 million across 1 funding round from investors including Aayush Jindal and Motilal Oswal Alternates. The company has 613 employees. Asian Footwears was last valued at $163.32 million in September 2022. Its chief executive, as recorded, is Aayush Jindal. Its website asianfootwears.com draws about 1.6 million monthly visits. Its Indian entity Asian Footwears Private Limited reported revenue of ₹462 Cr. Asian Footwears offers products and services including Branded Shoes and Shoes Retail Services. Its focus areas include Consumer Goods, Footwear Brands, Multi-Category and Men & Women.

Company details

The company was founded in 1994 in Delhi, India, and operates as an internet-first brand in the footwear sector. A diverse range of products, including sneakers, sports shoes, walking shoes, and casual footwear, is offered. Advanced manufacturing technologies such as EVA, PhylonTPR, PU, and PVC are utilized to produce items focused on comfort, style, and performance. Operations are centered on online sales within the Indian market.

  • Headquarters Delhi, India
  • Employees 613
  • Founders Rajinder Jindal, Kiran Jindal
  • Stage Minicorn
  • Sectors
    Consumer
  • Website category Finance · Banking Credit and Lending
  • Email
    ••••••••
  • Phone
    •••• ••••
  • Website asianfootwears.com
  • Social LinkedIn X Facebook
  • Legal Name Asian Footwears Private Limited
  • Date of Incorporation 24 Sep, 2008
  • Jurisdiction New Delhi, Delhi, India
Operational Areas
Key Metrics
  • Annual Revenue
    ₹462 Cr

    FY 2025 · +39% YoY

  • Net Profit
    ₹9.38 Cr

    FY 2025 · 2% margin

  • EBITDA
    ₹35.77 Cr

    FY 2025 · 8% margin

  • Total Equity Funding
    $29.22M (USD)

    in 1 rounds

  • Latest Funding Round
    $29.22M (USD), Series B

    Sep 2022

  • Investors
  • Employee Count
    613

Products & Services of Asian Footwears

Asian Footwears offers a comprehensive portfolio of products and services, including Branded Shoes and Shoes Retail Services.

Branded Shoes
Footwear

Branded shoes are sold at the lowest prices for various uses

Shoes Retail Services
Retail Services

Retail services for shoes are provided through multiple channels

Funding Insights of Asian Footwears

Asian Footwears has successfully raised a total of $29.22M through 1 strategic funding round. The most recent funding activity was a Series B round of $29.22 million completed in September 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.

  • Total Funding $29.22M
  • Total Rounds 1
  • Last Round Series B — $29.22M
  • First Round $29.22M

    (Sep 2022)

  • Investors Count 2

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

DateAmountTransaction NameValuationLead InvestorsInvestors
Sep 2022$29.22MSeries B$163.32M–
Valuation history
DateValuationStage
Sep 2022$163.32M••••••••

Last known valuation $163.32M (Sep 2022). 2 investors in total: 1 institutional and 1 angel.

Investors in Asian Footwears

Asian Footwears has secured backing from 2 investors, including angel and institutional investors. Prominent investors backing the company include Aayush Jindal and Motilal Oswal Alternates.

All
Institutional
Angel
InvestorDescriptionFounded YearDomainLocation
Motilal Oswal Alternates is engaged in alternative investment management.
motilaloswalalt.comMumbai, India

Aayush Jindal

Angel investor and entrepreneur, focused on tech startups in India.
unknown_aeb2fda853204f9aa
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Investor details for Asian Footwears

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Board of directors of Asian Footwears Private Limited (Asian Footwears)

Asian Footwears Private Limited is the primary company behind Asian Footwears. The board of Asian Footwears Private Limited currently have 4 directors; the longest-serving is Rajender Parsad Jindal, appointed in 2008. 3 earlier directors have ceased.

DirectorDesignationAppointedTenureEntity
Rajender Parsad Jindal
DIN 01140780
Director24 Sep 200818 yrs 1 moAsian Footwears Private Limited
Kiran Jindal
DIN 01141161
Director24 Sep 200818 yrs 1 moAsian Footwears Private Limited
Aayush Jindal
DIN 07294303
Director02 Mar 20206 yrs 7 moAsian Footwears Private Limited
Vijay Dhanuka
DIN 07614688
Director16 Sep 20224 yrs 1 moAsian Footwears Private Limited

People of Asian Footwears

11 people are tracked at Asian Footwears (4 in leadership, 7 in team); the tracked headcount is 613.

NameRoleGroup
Rajinder Jindal
Co-FounderLeadership
Co-FounderLeadership
CEOLeadership
Ashish Prakash
Chief Technology OfficerLeadership
Narendra Saini
Software EngineerTeam
Abhishek Pandey
Software DeveloperTeam
Gagan Saini
Assistant ManagerTeam
Rajat Sharma
Product ManagerTeam
Raj Singh
Process Automation Specialist/data AnalystTeam
Prem Chand Maurya
Designer-ui/ux | GraphicsTeam
Jayshree Parmar
Senior Human Resources ManagerTeam
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Financials of Asian Footwears

Figures of Asian Footwears Private Limited, the primary company behind Asian Footwears, for FY 2025. Revenue was ₹462 Cr (+39% year on year). Net profit was ₹9.38 Cr (2% margin). EBITDA was ₹35.77 Cr (8% margin). Revenue has grown at a compounded annual rate of +26% over three years and +35% over five years.

  • ₹462 CrRevenue · FY 2025 · +39% YoY
  • ₹9.38 CrNet profit · 2% margin
  • ₹35.77 CrEBITDA · 8% margin
  • ₹3.18 CrPaid-up capital
  • 613Employees (provident fund records)
  • +26%Revenue CAGR, 3 years
  • +35%Revenue CAGR, 5 years

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

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Detailed financial statements for Asian Footwears

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Timeline of Asian Footwears

3 dated milestones of Asian Footwears across 28 years, from founding to its latest funding, stage changes and deals.

  1. Founded Asian Footwears is founded.
  2. Funding First funding round of $29.2M.
  3. Milestone Reaches Minicorn status.

Web traffic of Asian Footwears

The website of Asian Footwears (asianfootwears.com) receives about 1.6M visits a month and ranks #23,637 among all websites worldwide, #1,516 in Banking Credit and Lending.

  • Monthly visits
    1.6M

    ▲ 5.9% vs previous month

  • Unique visitors
    667.8K

    per month

  • Global rank
    #23,637

    among all websites

  • Category rank
    #1,516

    Finance · Banking Credit and Lending

Similar websites

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

WebsiteDomainAudience affinityMonthly visitsGlobal rankProfile
neemans.com
100%
2.4M#21,707View details
hdfcbank.com
88%
54.1M#641View details
birkenstock.in
83%
#77,082View details
groww.in
55%
60M#754View details
sreeleathersonline.com
sreeleathersonline.com
54%
#143,230–
••••••••••••••••.com••%•.•M#•••••–
••••••••••••••••.com••%•.•M#•••••–
••••••••••••••••.com••%•.•M#•••••–
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Top companies in Footwear Brands

3 companies that operate in the same segment as Asian Footwears (Footwear Brands) in India, ranked by their profile score on The Company Check.

CompanyDescriptionFoundedLocationTotal fundingRevenueEmployees
Multi-category footwear for men, women, and kids is sold online.
2005Delhi, Delhi, IndiaUSD 48.76 MUSD 189.08 M7,750
Manufacturer of slippers, sandals, and sports & casual shoes
1976Rohtak, Haryana, IndiaUSD 287.67 M19,960
Online platform for purchasing top international fashion and footwear brands.
2016Bengaluru, Karnataka, India
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Related news about Asian Footwears

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Frequently Asked Questions about Asian Footwears

Asian Footwears was founded in 1994 and raised its 1st funding round 28 years after it was founded.

Asian Footwears is headquartered in Delhi, India. It is registered at Delhi, Delhi, India.

Aayush Jindal is the CEO of Asian Footwears, as recorded in our data.

Asian Footwears is a funded company, having raised a total of $29.22M across 1 funding round to date. The company's 1st funding round was a Series B of $29.22M, raised on Sep 2022.

Asian Footwears has 613 employees.

The primary company behind Asian Footwears, Asian Footwears Private Limited, reported revenue of ₹462 Cr for FY 2025, up 39% year on year.

The company was founded in 1994 in Delhi, India, and operates as an internet-first brand in the footwear sector. A diverse range of products, including sneakers, sports shoes, walking shoes, and casual footwear, is offered. Advanced manufacturing technologies such as EVA, PhylonTPR, PU, and PVC are utilized to produce items focused on comfort, style, and performance. Operations are centered on online sales within the Indian market.

Asian Footwears offers Branded Shoes and Shoes Retail Services.

Asian Footwears has 2 investors. Key investors include Aayush Jindal, and Motilal Oswal Alternates.

The valuation of Asian Footwears is $163.32M as of Sep 2022.

Asian Footwears operates through Asian Footwears Private Limited.

The legal entities of Asian Footwears currently have 4 directors, including Rajender Parsad Jindal, Aayush Jindal, Vijay Dhanuka and others.

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