About Banawati
Banawati is a Consumer company based in Bhopal (India) founded in 2020. A brand specializing in casual and formal wear for men and women. It operates on a B2C model. Its Indian entity My Earth Garments Private Limited reported revenue of ₹7.3 Lakh. Its focus areas include Consumer Goods, Fashion, Apparel and Men's and Women's Wear. Its competitors include Hopscotch, Bewakoof and Styched; 3 of its 3 listed competitors have raised funding.
Company details
Banawati, established in 2020, excels in producing consumer products, dealing with fashion products, apparel, and mens and womens wear. A brand specializing in casual and formal wear for men and women. Committed to advancing standards, it focuses on innovation, efficiency, and delivering value to clients worldwide.
- Headquarters Bhopal, India
- Employees 1
- SectorsConsumer
- Website banawati.com
- Legal Name My Earth Garments Private Limited
- Date of Incorporation 15 Jul, 2020
- Jurisdiction Bhopal, Madhya Pradesh, India
- Annual Revenue₹7.3 Lakh
FY 2025 · +1383% YoY
- Net Loss-₹9.8 Lakh
FY 2025 · -135% margin
- EBITDA-₹9.8 Lakh
FY 2025 · -135% margin
- Employee Count1
Associated legal entities of Banawati
Banawati operates through My Earth Garments Private Limited (active). Its filings, financials, charges and directors are on the company page.
| Legal entity | Status | Incorporated | Registered in | Revenue (FY 2025) | Employees | Directors | Company page |
|---|---|---|---|---|---|---|---|
| My Earth Garments Private Limited CIN U51909MP2020PTC051839 | Active | 15 Jul 2020 | Bhopal, Madhya Pradesh | ₹0.1 Cr | 2 | View details |
Board of directors of My Earth Garments Private Limited (Banawati)
My Earth Garments Private Limited is the primary company behind Banawati. The board of My Earth Garments Private Limited currently have 2 directors; the longest-serving is Ankit Yadav, appointed in 2020.
| Director | Designation | Appointed | Tenure | Entity |
|---|---|---|---|---|
| Ankit Yadav DIN 08794215 | Director | 15 Jul 2020 | 6 yrs 3 mo | My Earth Garments Private Limited |
| Rashi Soni DIN 08794216 | Director | 15 Jul 2020 | 6 yrs 3 mo | My Earth Garments Private Limited |
Financials of Banawati
Figures of My Earth Garments Private Limited, the primary company behind Banawati, for FY 2025. Revenue was ₹7.3 Lakh (+1383% year on year). Net loss was -₹9.8 Lakh (-135% margin). EBITDA was -₹9.8 Lakh (-135% margin). Revenue has grown at a compounded annual rate of -8% over three years.
- ₹7.3 LakhRevenue · FY 2025 · +1383% YoY
- -₹9.8 LakhNet loss · -135% margin
- -₹9.8 LakhEBITDA · -135% margin
- ₹1 LakhPaid-up capital
- -8%Revenue CAGR, 3 years
Balance sheet, profit and loss, cash flow and ratios of My Earth Garments Private Limited are on its company page.
Detailed financial statements for Banawati
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- Financial ratios
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Verified entity values are shown only after access is granted.
Competitors of Banawati
Banawati has 3 listed competitors in our database, 3 of them funded. They include Hopscotch, Bewakoof and Styched.
| Company Name | Domain | Founded | HQ Location | Total funding | Employees | Description |
|---|---|---|---|---|---|---|
| hopscotch.in | 2012 | Thane, India | $71M | 109 | Apparel and accessories for children are provided online. | |
| bewakoof.com | 2011 | Mumbai, India | $39.49M | 161 | Multi-category fashion products are sold by an internet-first brand. | |
| styched.in | 2019 | Bengaluru, India | $925,098 | Multi-category fashion for men and women is offered online. |
Detailed competitors of Banawati
The full competitor set, operating metrics and side-by-side benchmarks require an active premium plan.
- Full competitor set
- Operating metrics
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Verified entity values are shown only after access is granted.
Top companies in Fashion & Lifestyle Products
3 companies that operate in the same segment as Banawati (Fashion & Lifestyle Products) in India, ranked by their profile score on The Company Check.
| Company | Description | Founded | Location | Total funding | Revenue | Employees |
|---|---|---|---|---|---|---|
Eyewear is offered online for men, women, and kids. | 2010 | Gurugram, Haryana, India | USD 1.04 B | USD 939.4 M | 18,984 | |
Jewellery is retailed via stores and an online platform. | 1993 | Thrissur, Kerala, India | USD 3.83 B | 12,466 | ||
Fine jewelry brand | 1994 | Bengaluru, Karnataka, India | USD 10.3 B | 126 |
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Frequently Asked Questions about Banawati
Banawati was founded in 2020.
Banawati is headquartered in Bhopal, India. It is registered at Bhopal, Madhya Pradesh, India.
Banawati has 1 employees.
The primary company behind Banawati, My Earth Garments Private Limited, reported revenue of ₹7.3 Lakh for FY 2025, up 1383% year on year.
Banawati, established in 2020, excels in producing consumer products, dealing with fashion products, apparel, and mens and womens wear. A brand specializing in casual and formal wear for men and women. Committed to advancing standards, it focuses on innovation, efficiency, and delivering value to clients worldwide.
Banawati operates through My Earth Garments Private Limited.
The legal entities of Banawati currently have 2 directors, including Ankit Yadav, Rashi Soni.