About Assembly
Assembly is a company based in Gurugram (India) founded in 2018 by Mohit Garg and Aditya Khanna. It operates as a Direct-to-Consumer (D2C). Assembly has raised $2.48 million across 3 funding rounds from investors including Angel List, Wellfound and LetsVenture. The company has 21 employees as of April 05, 2024. Assembly offers products and services including Hard Luggage, Backpacks & Duffle Bags, and Travel Accessories. Assembly operates in a competitive market with competitors including Mokobara, uppercase, Nasher Miles, EUME and Tripole Gears, among others.
- Headquarter Gurugram, India
- Employees 21 as on 05 Apr, 2024
- Founders Mohit Garg, Aditya Khanna
- Stage Minicorn
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Sectors
RetailTravel & Hospitality
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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 Assembly (Cin: U19100hr2021ptc096406)
- Date of Incorporation 17 Jul, 2021
- Jurisdiction Gurugram, Haryana, India
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Annual Revenue
$1.22 M (USD)1475.13as on Mar 31, 2023
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Net Profit
-$63.23 K (USD)-853.23as on Mar 31, 2023
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EBITDA
-$68.24 K (USD)-729.88as on Mar 31, 2023
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Total Equity Funding
$2.48 M (USD)
in 3 rounds
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Latest Funding Round
$2.1 M (USD), Series A
Dec 20, 2023
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Investors
Angel List
& 40 more
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Employee Count
21
as on Apr 05, 2024
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Products & Services of Assembly
Assembly offers a comprehensive portfolio of products and services, including Hard Luggage, Backpacks & Duffle Bags, and Travel Accessories.
Hard luggage is offered for durable travel solutions.
Backpacks and duffles are provided for versatile use.
Travel accessories are sold for enhanced journey convenience.
Funding Insights of Assembly
Assembly has successfully raised a total of $2.48M across 3 strategic funding rounds. The most recent funding activity was a Series A round of $2.1 million completed in December 2023. 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 Assembly
Assembly has secured backing from 41 investors, including venture fund, institutional, and angel investors. Prominent investors backing the company include Angel List, Wellfound and LetsVenture.
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Early-stage digital consumer businesses are invested in by Prath Ventures.
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Investment services in private credit, seed funds, growth equity, and late-stage equity for businesses in India.
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Startups are matched with investors via an online investment platform.
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Investor details for Assembly
Investor domains, locations, round participation, and complete history require an active premium plan.
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- Investor locations
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Investments & Acquisitions by Assembly
Investment portfolio details for Assembly
Portfolio company identities, transaction dates, round details, and investment values require an active premium plan.
- Portfolio identities
- Transaction dates
- Round details
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Financial Statements - Assembly
Detailed financials for Assembly
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- Profit trends
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Assembly Comparisons
Peer comparison for Assembly
Named peer metrics, headcount, funding, location, and side-by-side benchmarks require an active premium plan.
- Named peers
- Headcount comparison
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Competitors of Assembly
Assembly 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 Mokobara, uppercase, Nasher Miles, EUME and Tripole Gears, among others.
| Company Name | Domain | Founded year | HQ Location | Description |
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Provider of luggage, backpacks, totes, handbags, briefcases, and travel accessories
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Handcrafted eco-friendly luggage and backpack bags are sold online.
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Travel luggage and accessories are designed and retailed online.
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Luggage, bags, and travel accessories are retailed online by EUME.
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Internet first brand offering multi-category travel and business bags
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Detailed competitors of Assembly
Competitor domains, locations, full profiles, and operating metrics require an active premium plan.
- Domains and locations
- Full company profiles
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Latest news on Assembly
Complete news archive for Assembly
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Frequently Asked Questions about Assembly
Assembly was founded in 2018 and raised its 1st funding round 4 years after it was founded.
Assembly is headquartered in Gurugram, India. It is registered at Gurugram, Haryana, India.
Mohit Garg is the current CEO of Assembly. They have also founded this company.
Assembly is a funded company, having raised a total of $2.48M across 3 funding rounds to date.
As of Apr 05, 2024, the latest employee count at Assembly is 21.
Annual revenue of Assembly is $1.22M as on Mar 31, 2023.
Assembly is involved in the design and sale of premium travel gear, including hard luggage, backpacks, duffle bags, and accessories. The company focuses on durability and innovation, catering to leisure, business, and daily commute travelers. Products are crafted in India, emphasizing quality materials and thoughtful design. Solutions are provided for various travel needs with a range of sizes and collections.
Assembly offers Hard Luggage, Backpacks & Duffle Bags, and Travel Accessories.
Assembly has 41 investors. Key investors include Angel List, Wellfound, LetsVenture, Invstt, and Anicut Capital.
The valuation of Assembly is $10.52M as of Dec 2023.