About Cbazaar
Cbazaar is a company based in Chennai (India) founded in 2001 by Sarala Nahar, Rajesh Nahar, and Ritesh Katariya. It operates as a Direct-to-Consumer (D2C). Cbazaar has raised $7.6 million across 3 funding rounds from investors including Athera Venture Partners, Ojas Venture Partners and Forum Synergies. Cbazaar offers products and services including Lehengas, Sarees, Salwar Kameez, Men's Sherwanis, and Kids Ethnic Wear. Cbazaar operates in a competitive market with competitors including African Attire Shop, The Morani Fashion, Seamstress, Yarnscity and Riyashree, among others.
- Headquarter Chennai, India
- Founders Sarala Nahar, Rajesh Nahar, Ritesh Katariya
- Stage Minicorn
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Sectors
Retail
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Phone
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Website
*********
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Social
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Annual Revenue
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Net Profit
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EBITDA
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Total Equity Funding
$7.6 M (USD)
in 3 rounds
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Latest Funding Round
$2.01 M (USD), Series B
Jun 26, 2015
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Investors
Athera Venture Partners
& 3 more
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Employee Count
Employee Count
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Products & Services of Cbazaar
Cbazaar offers a comprehensive portfolio of products and services, including Lehengas, Sarees, Salwar Kameez, Men's Sherwanis, and Kids Ethnic Wear. 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.
Traditional lehengas are offered for weddings and festivities.
Elegant sarees are provided for various cultural occasions.
Versatile salwar kameez are designed for multiple events.
Classic sherwanis are crafted for weddings and ceremonies.
Stylish ethnic outfits are made for children’s occasions.
Funding Insights of Cbazaar
Cbazaar has successfully raised a total of $7.6M across 3 strategic funding rounds. The most recent funding activity was a Series B round of $2.01 million completed in June 2015. 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 B — $2.0M
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First Round
First Round
(28 Apr 2012)
- Investors Count 4
| Date | Amount | Transaction Name | Valuation | Lead Investors | Investors |
|---|---|---|---|---|---|
| Jun, 2015 | Amount | Series B - Cbazaar | Valuation | Forum Synergies , Chayadeep Ventures | |
| Nov, 2014 | Amount | Series B - Cbazaar | Valuation | Forum Synergies | |
| Apr, 2012 | Amount | Series A - Cbazaar | Valuation |
investors |
| 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 Cbazaar
Cbazaar has secured backing from 4 investors, including venture fund and institutional investors. Prominent investors backing the company include Athera Venture Partners, Ojas Venture Partners and Forum Synergies. 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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Early stage venture capital firm investing in India and US
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Founded Year | Domain | Location | |
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Private equity investments in India are handled by Forum Synergies.
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Founded Year | Domain | Location | |
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Early-stage venture capital investments are provided by Athera.
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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 Cbazaar
| 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 - Cbazaar
| 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 |
Cbazaar Comparisons
Competitors of Cbazaar
Cbazaar 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 African Attire Shop, The Morani Fashion, Seamstress, Yarnscity and Riyashree, 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 |
Handcrafted African and Middle Eastern attire is retailed online.
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| domain | founded_year | HQ Location |
Online retailer of Indian ethnic wear, sarees, blouses, and accessories.
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| domain | founded_year | HQ Location |
Creates and sells handwoven traditional clothing from Kerala villages.
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| domain | founded_year | HQ Location |
Manages an e-commerce store offering ethnic wear for men and women.
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| domain | founded_year | HQ Location |
Online platform selling ethnic clothing like salwar suits, blouses, and tunics.
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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 Cbazaar
Frequently Asked Questions about Cbazaar
When was Cbazaar founded?
Cbazaar was founded in 2001 and raised its 1st funding round 11 years after it was founded.
Where is Cbazaar located?
Cbazaar is headquartered in Chennai, India. It is registered at Chennai, Tamil Nadu, India.
Who is the current CEO of Cbazaar?
Rajesh Nahar is the current CEO of Cbazaar. They have also founded this company.
Is Cbazaar a funded company?
Cbazaar is a funded company, having raised a total of $7.6M across 3 funding rounds to date. The company's 1st funding round was a Series A of $3.5M, raised on Apr 28, 2012.
What does Cbazaar do?
Indian ethnic wear, including lehengas, sarees, salwar kameez, and mens sherwanis, is offered by Cbazaar through an online platform. The company focuses on traditional and contemporary designs for weddings, festivals, and other occasions. Operating since 1998, a wide range of apparel for women, men, and children is provided, catering to customers in over 180 countries. Heritage craftsmanship is combined with modern styles, ensuring quality and authenticity in textiles and artisan traditions. Personalized shopping experiences, such as live video consultations, are also facilitated to assist customers globally.
Who are the top competitors of Cbazaar?
Cbazaar's top competitors include African Attire Shop, Indian Artizans and Oagh.
What products or services does Cbazaar offer?
Cbazaar offers Lehengas, Sarees, Salwar Kameez, Men's Sherwanis, and Kids Ethnic Wear.
Who are Cbazaar's investors?
Cbazaar has 4 investors. Key investors include Athera Venture Partners, Ojas Venture Partners, Forum Synergies, and Chayadeep Ventures.
What is Cbazaar's valuation?
The valuation of Cbazaar is $16.61M as of Jun 2015.