About Aza Fashions
Aza Fashions is a company based in Mumbai (India) founded in 2005 by Alka Nishar.. Aza Fashions has raised $17.55 million across 3 funding rounds from investors including TechPro Ventures, The Alka Family Trust and Multiopp Ventures. The company has 177 employees as of April 06, 2024. Aza Fashions offers products and services including Designer Clothing Platform, Jewelry and Accessories, and Kids' Wear Collection. Aza Fashions operates in a competitive market with competitors including Fabindia, Indya, KALKI, Vedant Fashions and Neerus Ensembles, among others.
- Headquarter Mumbai, India
- Employees 177 as on 06 Apr, 2024
- Founders Alka Nishar
- Stage Minicorn
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Sectors
Retail
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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 Aza Fashions Private Limited
- Date of Incorporation 06 Sep, 2004
- Jurisdiction Mumbai, Maharashtra, India
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Annual Revenue
$30.6 M (USD)0as on Mar 31, 2024
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Net Profit
$-4.04 M (USD)0as on Mar 31, 2024
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EBITDA
$-5.11 M (USD)0as on Mar 31, 2024
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Total Equity Funding
$17.55 M (USD)
in 3 rounds
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Latest Funding Round
$4.41 M (USD), Series A
Dec 21, 2024
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Investors
TechPro Ventures
& 4 more
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Employee Count
177
as on Apr 06, 2024
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Products & Services of Aza Fashions
Aza Fashions offers a comprehensive portfolio of products and services, including Designer Clothing Platform, Jewelry and Accessories, and Kids' Wear Collection. 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.
Online service for buying luxury Indian fashion items for various occasions
Platform offering designer jewelry and decor for enhancing personal style
Curated luxury clothing and outfits for children on an online platform
Funding Insights of Aza Fashions
Aza Fashions has successfully raised a total of $17.55M across 3 strategic funding rounds. The most recent funding activity was a Series A round of $4.41 million completed in December 2024. 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 Total Funding
- Total Rounds 3
- Last Round Series A — $4.4M
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First Round
First Round
(30 Mar 2022)
- Investors Count 5
| Date | Amount | Transaction Name | Valuation | Lead Investors | Investors |
|---|---|---|---|---|---|
| Dec, 2024 | Amount | Series A - Aza Fashions | Valuation | The Alka Family Trust |
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| May, 2023 | Amount | Series A - Aza Fashions | Valuation | The Alka Family Trust |
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| Mar, 2022 | Amount | Series A - Aza Fashions | Valuation | The Alka Family Trust |
| 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 |
Investors in Aza Fashions
Aza Fashions has secured backing from 5 investors, including venture fund and angel investors. Prominent investors backing the company include TechPro Ventures, The Alka Family Trust and Multiopp Ventures. This diverse investor base provides strategic capital, industry expertise, and valuable network connections that support the company's growth initiatives, market expansion, and long-term value creation.
| Investor | Description | Founded Year | Domain | Location |
|---|---|---|---|---|
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Private equity firm focused on multiple sectors
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Founded Year | Domain | Location | |
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Venture capital fund investing in consumer tech startups
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Founded Year | Domain | Location | |
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AK
Atul K Nishar |
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Founded Year | Domain | Location |
| Investor | Description | Founded Year | Domain | Location |
|---|---|---|---|---|
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Single family office of Amitabh Bachchan, founder of Amitabh Bachchan Corporation or AB CORP
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Founded Year | Domain | Location | |
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Startup ecosystems are ignited through strategic investments by Signite Partners.
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Founded Year | Domain | Location | |
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Venture capital is directed toward companies in multiple sectors.
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Founded Year | Domain | Location | |
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Venture capital is invested in cybersecurity, fintech, and AI startups.
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Founded Year | Domain | Location |
Investments & Acquisitions by Aza Fashions
| 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 - Aza Fashions
| 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 |
Aza Fashions Comparisons
Competitors of Aza Fashions
Aza Fashions 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 Fabindia, Indya, KALKI, Vedant Fashions and Neerus Ensembles, 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 |
|---|---|---|---|---|
| domain | founded_year | HQ Location |
Internet first brand of ethnic wear, home furniture, and home decor products
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| domain | founded_year | HQ Location |
Multi channel fashion brand offering a range of traditional and contemporary ethnic wear
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| domain | founded_year | HQ Location |
Retail chain of Indian ethnic wear for women, men, and children
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| domain | founded_year | HQ Location |
Indian wedding and celebration wear is designed and sold by Vedant Fashions.
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| domain | founded_year | HQ Location |
Sells Indian ethnic clothing including kurtis, sarees, and lehengas online and in stores.
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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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Latest news on Aza Fashions
Frequently Asked Questions about Aza Fashions
When was Aza Fashions founded?
Aza Fashions was founded in 2005 and raised its 1st funding round 17 years after it was founded.
Where is Aza Fashions located?
Aza Fashions is headquartered in Mumbai, India. It is registered at Mumbai, Maharashtra, India.
Who is the current CEO of Aza Fashions?
Vipul Bathwal is the current CEO of Aza Fashions.
Is Aza Fashions a funded company?
Aza Fashions is a funded company, having raised a total of $17.55M across 3 funding rounds to date. The company's 1st funding round was a Series A of $6.79M, raised on Mar 30, 2022.
How many employees does Aza Fashions have?
As of Apr 06, 2024, the latest employee count at Aza Fashions is 177.
What is the annual revenue of Aza Fashions?
Annual revenue of Aza Fashions is $30.6M as on Mar 31, 2024.
What does Aza Fashions do?
Retail chain for luxury and designer apparel and accessories. It offers bridal, couture and prêt collections for men and women, along with accessories, footwear, and jewellery. Has products created by the designers Manish Malhotra, Sabyasachi, Anamika Khanna, Anju Modi, Neeta Lulla, Varun Bahl, Rohit Bal, Gaurav Gupta, Rajesh Pratap Singh, Rahul Mishra among others.
Who are the top competitors of Aza Fashions?
Aza Fashions's top competitors include Fabindia, Indya and Neerus Ensembles.
What products or services does Aza Fashions offer?
Aza Fashions offers Designer Clothing Platform, Jewelry and Accessories, and Kids' Wear Collection.
Who are Aza Fashions's investors?
Aza Fashions has 5 investors. Key investors include TechPro Ventures, The Alka Family Trust, Multiopp Ventures, Atul K Nishar, and Shailesh Thakorlal Shah.
What is Aza Fashions's valuation?
The valuation of Aza Fashions is $64.77M as of Dec 2024.