About Bombay Shirt Company
Bombay Shirt Company is a company based in Mumbai (India) founded in 2012 by Chippy Mehta, Rajesh Jaju, Akshay Narvekar, Mia Morikawa, and Himanshu Shani.. Bombay Shirt Company has raised $24.76 million across 11 funding rounds from investors including Alteria Capital, RAAY Global Investments and Singularity Ventures AMC. The company has 49 employees as of March 10, 2025. Bombay Shirt Company operates in a competitive market with competitors including WYO, Freshmonk, WhySoBlue, Samshek and Srinivasa Fashions, among others.
- Headquarter Mumbai, India
- Employees 49 as on 10 Mar, 2025
- Founders Chippy Mehta, Rajesh Jaju, Akshay Narvekar, Mia Morikawa, Himanshu Shani
- 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
*********
- Legal Name Tomorrowland Apparels Private Limited
- Date of Incorporation 12 Feb, 2014
- Jurisdiction Mumbai, Maharashtra, India
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Annual Revenue
$6.15 M (USD)21.65as on Mar 31, 2024
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Net Profit
$-3.18 M (USD)-1.72as on Mar 31, 2024
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EBITDA
$-2.72 M (USD)10.8as on Mar 31, 2024
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Total Equity Funding
$24.76 M (USD)
in 11 rounds
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Latest Funding Round
$1.28 M (USD), Series B
Jan 27, 2025
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Investors
Alteria Capital
& 33 more
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Employee Count
49
as on Mar 10, 2025
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Funding Insights of Bombay Shirt Company
Bombay Shirt Company has successfully raised a total of $24.76M across 11 strategic funding rounds. The most recent funding activity was a Series B round of $1.28 million completed in January 2025. 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 11
- Last Round Series B — $1.3M
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First Round
First Round
(10 Apr 2014)
- Investors Count 34
| Date | Amount | Transaction Name | Valuation | Lead Investors | Investors |
|---|---|---|---|---|---|
| Jan, 2025 | Amount | Series B - Bombay Shirt Company | Valuation | Singularity Ventures AMC |
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| Feb, 2024 | Amount | Series B - Bombay Shirt Company | Valuation | Singularity Ventures , Singularity Ventures AMC | |
| Oct, 2023 | Amount | Series B - Bombay Shirt Company | Valuation | Lightbox , Singularity Ventures |
| 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 Bombay Shirt Company
Bombay Shirt Company has secured backing from 34 investors, including venture fund and angel investors. Prominent investors backing the company include Alteria Capital, RAAY Global Investments and Singularity Ventures AMC. 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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Investment management services in growth equity and public investments in India.
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Founded Year | Domain | Location | |
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Sector-agnostic incubation services are provided to startups across industries.
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Founded Year | Domain | Location | |
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Venture capital investments are directed toward India's consumption market businesses.
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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 Bombay Shirt Company
| 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 - Bombay Shirt Company
| 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 |
Bombay Shirt Company Comparisons
Competitors of Bombay Shirt Company
Bombay Shirt Company 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 WYO, Freshmonk, WhySoBlue, Samshek and Srinivasa Fashions, 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 |
Private label brand for western fashion products
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| domain | founded_year | HQ Location |
Provides an online platform for designing and selling custom apparel.
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| domain | founded_year | HQ Location |
Women's casual and formal apparel is designed and retailed online.
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| domain | founded_year | HQ Location |
Online platform offering customized fashion clothing and accessories for sale.
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| domain | founded_year | HQ Location |
Manufactures and exports ready-made garments in the apparel industry.
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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 Bombay Shirt Company
Frequently Asked Questions about Bombay Shirt Company
When was Bombay Shirt Company founded?
Bombay Shirt Company was founded in 2012 and raised its 1st funding round 2 years after it was founded.
Where is Bombay Shirt Company located?
Bombay Shirt Company is headquartered in Mumbai, India. It is registered at Mumbai, Maharashtra, India.
Who is the current CEO of Bombay Shirt Company?
Akshay Narvekar is the current CEO of Bombay Shirt Company. They have also founded this company.
Is Bombay Shirt Company a funded company?
Bombay Shirt Company is a funded company, having raised a total of $24.76M across 11 funding rounds to date. The company's 1st funding round was a Series B of $8.41M, raised on Apr 10, 2014.
How many employees does Bombay Shirt Company have?
As of Mar 10, 2025, the latest employee count at Bombay Shirt Company is 49.
What is the annual revenue of Bombay Shirt Company?
Annual revenue of Bombay Shirt Company is $6.15M as on Mar 31, 2024.
What does Bombay Shirt Company do?
The company was founded in 2012 in Mumbai, India, and operates in the apparel sector. An online platform is utilized to offer custom-made shirts for men, including selections for fabrics, styles, and sizes. Ready-to-wear clothing and accessories are also available, with operations focused on tailored fits and design variations across the region.
Who are the top competitors of Bombay Shirt Company?
Who are Bombay Shirt Company's investors?
Bombay Shirt Company has 34 investors. Key investors include Alteria Capital, RAAY Global Investments, Singularity Ventures AMC, Singularity Ventures, and Mithun Sacheti.
What is Bombay Shirt Company's valuation?
The valuation of Bombay Shirt Company is $29.79M as of Jan 2025.