Chumbak

Bengaluru, India Founded: 2009 • Age: 17 yrs Minicorn Acquired By GOAT Brand Labs
Internet first brand of apparel for women

About Chumbak

Chumbak is a Consumer company based in Bengaluru (India) founded in 2009 by Vivek Prabhakar and Shubhra Chadda, and was acquired by GOAT Brand Labs in January 2023. Internet first brand of apparel for women. Chumbak has raised $36.12 million across 9 funding rounds from investors including BlackSoil, Klub and GOAT Brand Labs. The company has 177 employees. Chumbak was last valued at $88.91 million in November 2020. Its website chumbak.com draws about 305 thousand monthly visits. Its Indian entity Chumbak Design Private Limited reported revenue of β‚Ή61.70 Cr. Chumbak offers products and services including Folk Funk Coaster set, Moo-s like Jagger Kutch Cushion Cover, Farmhouse Cake Servers, Marigold Mug, and Raasta Mini Backpack. Its focus areas include Consumer Goods, Home Furnishing Products and Multi-Category. Its competitors include Wakefit, 10Club and Nestasia; 3 of its 3 listed competitors have raised funding.

Company details

Chumbak was established in 2009 in Bengaluru, India, as a manufacturer and retailer of lifestyle products across over 100 categories, including hand-crafted items like bags, wallets, and accessories, with expansion into womens apparel. Operations encompass online sales via the company website and platforms such as Flipkart, Myntra, and Snapdeal, alongside multi-brand retail outlets and company-owned physical stores. Online gifting options are facilitated for customers.

  • Headquarters Bengaluru, India
  • Employees 177
  • Founders Vivek Prabhakar, Shubhra Chadda
  • Stage Acquired
  • Sectors
    Consumer
  • Website category Lifestyle · Gifts and Flowers
  • Email
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  • Phone
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  • Website chumbak.com
  • Social LinkedIn X Facebook Instagram
  • Acquired by GOAT Brand Labs (Jan 2023)
  • Legal Name Chumbak Design Private Limited
  • Date of Incorporation 28 Apr, 2011
  • Jurisdiction Bangalore, Karnataka, India
Operational Areas
Key Metrics
  • Annual Revenue
    ₹61.70 Cr

    FY 2025 · -3% YoY

  • Net Loss
    -₹10.21 Cr

    FY 2025 · -17% margin

  • EBITDA
    -₹7.92 Cr

    FY 2025 · -13% margin

  • Total Equity Funding
    $36.12M (USD)

    in 9 rounds

  • Latest Funding Round
    $367.83K (USD), Series D

    Sep 2022

  • Investors
    BlackSoil

    & 7 more

  • Employee Count
    177
  • Acquired by

Products & Services of Chumbak

Chumbak offers a comprehensive portfolio of products and services, including Folk Funk Coaster set, Moo-s like Jagger Kutch Cushion Cover, Farmhouse Cake Servers, Marigold Mug, and Raasta Mini Backpack.

Folk Funk Coaster set
Home Decor

Set of coasters for table protection and decoration.

Moo-s like Jagger Kutch Cushion Cover
Home Furnishings

Cushion cover with unique Kutch-inspired design.

Farmhouse Cake Servers
Dining Ware

Set of servers for cutting and serving cakes.

Marigold Mug
Kitchen Accessories

Handpainted stoneware mug for daily beverage use.

Raasta Mini Backpack
Bags

Mini backpack with patch-print for everyday carry.

Hoot Mesh Strap Watch
Watches

Watch with mesh strap for casual wear.

Apps and channels of Chumbak

Chumbak publishes 2 mobile apps with over 500K+ downloads.

Chumbak
Google Play Shopping Everyone Free
Developer: Chumbak
View on Google Play
Chumbak Store
App Store Shopping 4+
Developer: Chumbak Design Private Limited
View on App Store

Funding Insights of Chumbak

Chumbak has successfully raised a total of $36.12M across 9 strategic funding rounds. The most recent funding activity was a Series D round of $367.83 thousand completed in September 2022. 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 $36.12M
  • Total Rounds 9
  • Last Round Series D β€” $367,830
  • First Round $2M

    (Sep 2012)

  • Investors Count 7

All 9 funding rounds of Chumbak with amounts and investors; the two latest post-money valuations are shown, the rest are part of the premium plan.

DateAmountTransaction NameValuationLead InvestorsInvestors
Sep 2022$367,830Series D–Klub
–
Nov 2020$1MSeries D$88.91MGaja Capital
–
Apr 2019$10.1MSeries D$35.08MGaja Capital
Nov 2017$13.15MSeries C$β€’β€’β€’β€’β€’Gaja Capital
May 2017$1.24MDebt – Conventional––
Nov 2016$445,119Angel Round$β€’β€’β€’β€’β€’Narayan Ramachandran
–
Feb 2015$3.24MSeries B$β€’β€’β€’β€’β€’Z47
May 2014$5.82MSeries B$β€’β€’β€’β€’β€’Z47
Sep 2012$2MSeries A$β€’β€’β€’β€’β€’Seedfund
–
Valuation history
DateValuationStage
Nov 2020$88.91Mβ€’β€’β€’β€’β€’β€’β€’β€’
Apr 2019$35.08Mβ€’β€’β€’β€’β€’β€’β€’β€’
Nov 2017$β€’β€’β€’β€’β€’β€’β€’β€’β€’β€’β€’β€’β€’
Nov 2016$β€’β€’β€’β€’β€’β€’β€’β€’β€’β€’β€’β€’β€’
Feb 2015$β€’β€’β€’β€’β€’β€’β€’β€’β€’β€’β€’β€’β€’
May 2014$β€’β€’β€’β€’β€’β€’β€’β€’β€’β€’β€’β€’β€’
Sep 2012$β€’β€’β€’β€’β€’β€’β€’β€’β€’β€’β€’β€’β€’
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Full valuation and stage history of Chumbak

Every valuation point, the growth-stage changes (minicorn, soonicorn, unicorn) and the dates behind them require an active premium plan.

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Last known valuation $88.91M (Nov 2020). 8 investors in total: 7 institutional and 1 angel.

Investors in Chumbak

Chumbak has secured backing from 8 investors, including institutional, venture fund, and angel investors. Prominent investors backing the company include BlackSoil, Klub and GOAT Brand Labs.

All
Venture Fund
Institutional
Angel
InvestorDescriptionFounded YearDomainLocation
Investment firm partnering with entrepreneurs in India's domestic economy.
2004gajacapital.comMumbai, India
Early-stage venture capital funding and support for Indian startups.
2006seedfund.inMumbai, India
Venture capital firm focused on multiple sectors
1896iqeq.comLuxembourg, Luxembourg
Venture capital investment firm
z47.comBengaluru, India
Fintech platform for revenue-based financing to digital businesses is provided.
2019klubworks.comSingapore, Singapore
Private debt is provided to growth-stage companies by BlackSoil.
2010blacksoil.co.inMumbai, India
Investment and scaling of D2C lifestyle brands are facilitated.
2021goatbrandlabs.comBengaluru, India

Narayan Ramachandran

Angel investor, ex-Morgan Stanley India head, focuses on early-stage startups
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Investor details for Chumbak

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Board of directors of Chumbak Design Private Limited (Chumbak)

Chumbak Design Private Limited is the primary company behind Chumbak. The board of Chumbak Design Private Limited currently have 2 directors; the longest-serving is Rishi Vasudev, appointed in 2023. 11 earlier directors have ceased.

DirectorDesignationAppointedTenureEntity
Rishi Vasudev
DIN 07086568
Nominee Director13 Jan 20233 yrs 9 moChumbak Design Private Limited
Asit Patnaik
DIN 10905545
Nominee Director05 Dec 202510 moChumbak Design Private Limited

People of Chumbak

23 people are tracked at Chumbak (7 in leadership, 16 in team); the tracked headcount is 177.

NameRoleGroup
Co-Founder & DirectorLeadership
Co-FounderLeadership
Esha Mathur
Head - Buying & MerchandisingLeadership
Rhea Bharat Budhiraja
General Manager - Brand MarketingLeadership
Abhishek Sengupta
Head sales and institutionalLeadership
Mudit Tiwari
Head Of EcommerceLeadership
V I K R A M .
Head of Customer SupportLeadership
Shubham Maggo
Sales AssociateTeam
AYUSHI GUPTA
Customer Service SpecialistTeam
kiran Ms
Sales AssociateTeam
Krishnamoorty Hegde
Assistant Account ManagerTeam
Shubham Kr keshri
Lead omni channelTeam
vishwanath Cavishwanath
Senior AccountantTeam
Paridhi Mantry
Brand ManagerTeam
Ritika T.
Brand Marketing ExecutiveTeam
Harshitha Pakala
Customer Support ExecutiveTeam
Renison Macwan
Zonal Sales ManagerTeam
Anchal Kumari
Assistant Manager - Fashion DesignerTeam
Versha Sharan
Sr. Executive Accessories DesignerTeam
Sunil Kumar
Sourcing ManagerTeam

3 more people are available in the full profile.

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Financials of Chumbak

Figures of Chumbak Design Private Limited, the primary company behind Chumbak, for FY 2025. Revenue was ₹61.70 Cr (-3% year on year). Net loss was -₹10.21 Cr (-17% margin). EBITDA was -₹7.92 Cr (-13% margin). Revenue has grown at a compounded annual rate of -2% over three years and -7% over five years.

  • ₹61.70 CrRevenue · FY 2025 · -3% YoY
  • -₹10.21 CrNet loss · -17% margin
  • -₹7.92 CrEBITDA · -13% margin
  • ₹1.32 CrPaid-up capital
  • 177Employees (provident fund records)
  • -2%Revenue CAGR, 3 years
  • -7%Revenue CAGR, 5 years

Balance sheet, profit and loss, cash flow and ratios of Chumbak Design Private Limited are on its company page.

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Timeline of Chumbak

5 dated milestones of Chumbak across 14 years, from founding to its latest funding, stage changes and deals.

  1. Founded Chumbak is founded.
  2. Funding First funding round of $2.0M.
  3. Milestone Reaches Minicorn status.
  4. Funding Latest funding round, Series D, of $368K.
  5. Exit Acquired by GOAT Brand Labs.

Competitors of Chumbak

Chumbak has 3 listed competitors in our database, 3 of them funded. They include Wakefit, 10Club and Nestasia.

Company NameDomainFoundedHQ LocationTotal fundingEmployeesDescription
wakefit.co2016Bengaluru, India$105.02M1,982
An internet first brand company offering customized mattresses
10clubhomes.com2020Bengaluru, India$44.47M48
Multi-category home products are offered through an internet-first platform.
nestasia.in2018Kolkata, India$12.4M164
Internet-first brand of multi-category home improvement products
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Detailed competitors of Chumbak

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Web traffic of Chumbak

The website of Chumbak (chumbak.com) receives about 305K visits a month and ranks #160,308 among all websites worldwide, #8,349 in Gifts and Flowers.

  • Monthly visits
    305K

    ▲ 21.1% vs previous month

  • Unique visitors
    144K

    per month

  • Global rank
    #160,308

    among all websites

  • Category rank
    #8,349

    Lifestyle · Gifts and Flowers

Similar websites

Websites whose visitors overlap most with Chumbak. Affinity shows how closely the audiences match.

WebsiteDomainAudience affinityMonthly visitsGlobal rankProfile
happiclap.com
100%
#1,106,660View details
tinyminymo.com
95%
#399,715View details
themansionworld.com
88%
#1,019,927View details
confettigifts.in
87%
122K#290,530View details
fnp.com
85%
4.2M#9,758View details
β€’β€’β€’β€’β€’β€’β€’β€’β€’β€’β€’β€’β€’β€’β€’β€’.comβ€’β€’%β€’.β€’M#‒‒‒‒‒–
β€’β€’β€’β€’β€’β€’β€’β€’β€’β€’β€’β€’β€’β€’β€’β€’.comβ€’β€’%β€’.β€’M#‒‒‒‒‒–
β€’β€’β€’β€’β€’β€’β€’β€’β€’β€’β€’β€’β€’β€’β€’β€’.comβ€’β€’%β€’.β€’M#‒‒‒‒‒–
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Top companies in Home & Living Products

3 companies that operate in the same segment as Chumbak (Home & Living Products) in India, ranked by their profile score on The Company Check.

CompanyDescriptionFoundedLocationTotal fundingRevenueEmployees
Provider of interior design and renovation services for homes and offices
2014Bengaluru, Karnataka, IndiaUSD 511.55 MUSD 172.66 M4,353
Multi-category products are rented via subscription model.
2014Bengaluru, Karnataka, IndiaUSD 58.71 MUSD 14.82 M422
Internet-first brand offering multi-category home furniture
2012Bengaluru, Karnataka, IndiaUSD 108.06 MUSD 26.92 B43,024
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Frequently Asked Questions about Chumbak

Chumbak was founded in 2009 and raised its 1st funding round 3 years after it was founded.

Chumbak is headquartered in Bengaluru, India. It is registered at Bengaluru, Karnataka, India.

Chumbak is a funded company, having raised a total of $36.12M across 9 funding rounds to date. The company's 1st funding round was a Series A of $2M, raised on Sep 2012.

Chumbak has 177 employees.

The primary company behind Chumbak, Chumbak Design Private Limited, reported revenue of β‚Ή61.70 Cr for FY 2025, down 3% year on year.

Chumbak was established in 2009 in Bengaluru, India, as a manufacturer and retailer of lifestyle products across over 100 categories, including hand-crafted items like bags, wallets, and accessories, with expansion into womens apparel. Operations encompass online sales via the company website and platforms such as Flipkart, Myntra, and Snapdeal, alongside multi-brand retail outlets and company-owned physical stores. Online gifting options are facilitated for customers.

Chumbak's top competitors include Wakefit, Nestasia and 10Club.

Chumbak offers Folk Funk Coaster set, Moo-s like Jagger Kutch Cushion Cover, Farmhouse Cake Servers, Marigold Mug, and 2 more products and services.

Chumbak has 8 investors. Key investors include BlackSoil, Klub, GOAT Brand Labs, Gaja Capital, and IQ-EQ.

The valuation of Chumbak is $88.91M as of Nov 2020.

Chumbak operates through Chumbak Design Private Limited.

Yes. Chumbak was acquired by GOAT Brand Labs in January 2023.

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