About DesiHangover
DesiHangover is a Retail company based in Mumbai (India) founded in 2014 by Abha Agrawal, Hitesh Kenjale, and Lakshya Arora. Handcrafted leather-soled sandals are manufactured to support artisan communities. It operates in the Retail and Environment sectors. DesiHangover has raised $182.17 thousand across 1 funding round from investors including Be an Angel, Social Alpha and Ram Narasimhan. DesiHangover was last valued at $1.18 million in January 2022. Its Indian entity Arken Enterprises Private Limited reported revenue of ₹3.16 Cr. DesiHangover offers products and services including HOLA MEN, BELLE, FUNK, and DAILY. Its focus areas include Consumer, Fashion Tech, B2C Commerce and Footwear.
Company details
DesiHangover was founded in 2014 in Mumbai, India, within the footwear manufacturing sector. Leather-soled sandals are handcrafted using vegetable tanning processes for sustainable production. Unique designs and vibrant colors are developed, with emphasis on comfort, breathability, and versatility for casual or formal use. Operations focus on economic empowerment of local artisans, as reflected in customer feedback on product suitability.
- Headquarters Mumbai, India
- Founders Abha Agrawal, Hitesh Kenjale, Lakshya Arora
- Stage Minicorn
- SectorsRetailEnvironment
- Email••••••••
- Phone•••• ••••
- Website desihangover.com
- Social LinkedIn X Facebook Instagram YouTube
- Legal Name Arken Enterprises Private Limited
- Date of Incorporation 10 Jun, 2019
- Jurisdiction Mumbai, Maharashtra, India
- Annual Revenue₹3.16 Cr
FY 2023 · +21% YoY
- Net Loss-₹78.6 Lakh
FY 2023 · -25% margin
- EBITDA-₹68.5 Lakh
FY 2023 · -22% margin
- Total Equity Funding$182.17K (USD)
in 1 rounds
- Latest Funding Round$182.17K (USD), Seed
Jan 2022
- InvestorsBe an Angel
& 9 more
Associated legal entities of DesiHangover
DesiHangover operates through Arken Enterprises Private Limited (active). Its filings, financials, charges and directors are on the company page.
| Legal entity | Status | Incorporated | Registered in | Revenue (FY 2023) | Employees | Directors | Company page |
|---|---|---|---|---|---|---|---|
| Arken Enterprises Private Limited CIN U19100MH2019PTC326528 | Active | 10 Jun 2019 | Mumbai, Maharashtra | ₹3.2 Cr | 3 | View details |
Products & Services of DesiHangover
DesiHangover offers a comprehensive portfolio of products and services, including HOLA MEN, BELLE, FUNK, and DAILY.
Comfortable leather sandals for men with anti-slip features.
Versatile leather sandals designed for women daily use.
Stylish leather sandals offering unique colors and designs.
Practical leather sandals for everyday comfort and wear.
Apps and channels of DesiHangover
its YouTube channel DESI HANGOVER has 171 subscribers and 29 videos.
Videos from DesiHangover
The most watched videos on DesiHangover's YouTube channel, DESI HANGOVER (171 subscribers). Click a video to play it here.
More on DESI HANGOVER.
Funding Insights of DesiHangover
DesiHangover has successfully raised a total of $182.17K through 1 strategic funding round. The most recent funding activity was a Seed round of $182.17 thousand completed in January 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 $182,170
- Total Rounds 1
- Last Round Seed — $182,170
- First Round $182,170
(Jan 2022)
- Investors Count 10
All 1 funding rounds of DesiHangover with amounts and investors; the two latest post-money valuations are shown, the rest are part of the premium plan.
| Date | Amount | Transaction Name | Valuation | Lead Investors | Investors |
|---|---|---|---|---|---|
| Jan 2022 | $182,170 | Seed | $1.18M | Social Alpha, IIMA Ventures |
| Date | Valuation | Stage |
|---|---|---|
| Jan 2022 | $1.18M | •••••••• |
Last known valuation $1.18M (Jan 2022). 10 investors in total: 3 institutional and 7 angel.
Investors in DesiHangover
DesiHangover has secured backing from 10 investors, including venture fund and angel investors. Prominent investors backing the company include Be an Angel, Social Alpha and Ram Narasimhan.
| Investor | Description | Founded Year | Domain | Location |
|---|---|---|---|---|
Sustainable startups are supported via innovation curation and venture funding. | socialalpha.org | Bengaluru, India | ||
Angel network focused on multiple sectors | 2016 | beanangel.in | Bengaluru, India | |
Early-stage tech startups are supported via venture capital and acceleration. | iimaventures.com | Ahmedabad, India | ||
RN Ram Narasimhan | unknown_3db2c9b0ca6547cba | |||
GA Guruprasad A Shenoy | unknown_1c6d06382a2144fcb | |||
SV Shashidhar Viswanatha Lakkavalli | unknown_4bb9369c72b942499 | |||
RD Ram Deshpande | unknown_482bc492496245afa | |||
VS Vivek Subbarao | Angel investor, ex-CEO of Valorem Advisors, focuses on early-stage startups | unknown_fd277aacd5ef41dea | ||
MK Mukesh Kini | unknown_fe158492079d4ba78 | |||
SV Shashidhar Viswanatha Lakkavalli | unknown_b357a9fd3b7a4068b |
Investor details for DesiHangover
The complete investor list, round-by-round participation and investor portfolios require an active premium plan.
- Complete investor list
- Round participation
- Investor portfolios
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Verified entity values are shown only after access is granted.
Board of directors of Arken Enterprises Private Limited (DesiHangover)
Arken Enterprises Private Limited is the primary company behind DesiHangover. The board of Arken Enterprises Private Limited currently have 3 directors; the longest-serving is Hitesh Rajendra Kenjale, appointed in 2019.
| Director | Designation | Appointed | Tenure | Entity |
|---|---|---|---|---|
| Hitesh Rajendra Kenjale DIN 08476927 | Director | 10 Jun 2019 | 7 yrs 4 mo | Arken Enterprises Private Limited |
| Lakshya Arora DIN 08476928 | Director | 10 Jun 2019 | 7 yrs 4 mo | Arken Enterprises Private Limited |
| Abha Dinesh Agrawal DIN 08476926 | Director | 10 Jun 2019 | 7 yrs 4 mo | Arken Enterprises Private Limited |
People of DesiHangover
3 people are tracked at DesiHangover (3 in leadership).
| Name | Role | Group |
|---|---|---|
| Co-Founder | Leadership | |
| Co-Founder | Leadership | |
| Co-Founder | Leadership |
Complete people profiles for DesiHangover
Full employee and board profiles, team structure, tenure and professional contact details require an active premium plan.
- Full employee list
- Team structure
- Board tenure
- Professional contacts
Verified entity values are shown only after access is granted.
Financials of DesiHangover
Figures of Arken Enterprises Private Limited, the primary company behind DesiHangover, for FY 2023. Revenue was ₹3.16 Cr (+21% year on year). Net loss was -₹78.6 Lakh (-25% margin). EBITDA was -₹68.5 Lakh (-22% margin). Revenue has grown at a compounded annual rate of +32% over three years.
- ₹3.16 CrRevenue · FY 2023 · +21% YoY
- -₹78.6 LakhNet loss · -25% margin
- -₹68.5 LakhEBITDA · -22% margin
- ₹27,770Paid-up capital
- +32%Revenue CAGR, 3 years
Balance sheet, profit and loss, cash flow and ratios of Arken Enterprises Private Limited are on its company page.
Detailed financial statements for DesiHangover
Statement rows, ratios, five-year trends and downloadable financials of the group companies require an active premium plan.
- Statement rows
- Financial ratios
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- Downloads
Verified entity values are shown only after access is granted.
Timeline of DesiHangover
3 dated milestones of DesiHangover across 8 years, from founding to its latest funding, stage changes and deals.
- Founded DesiHangover is founded.
- Funding First funding round of $182K.
- Milestone Reaches Minicorn status.
Top companies in Fashion & Lifestyle E-Commerce
3 companies that operate in the same segment as DesiHangover (Fashion & Lifestyle E-Commerce) 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 | |
Fashion and lifestyle products are offered via an online marketplace. | 2007 | Bengaluru, Karnataka, India | USD 123.71 M | USD 542.17 M | 1,108 | |
Gold and silver jewellery, lab-grown diamonds, and accessories are retailed. | 2019 | Bengaluru, Karnataka, India | USD 142.34 M | USD 32.66 M | 711 |
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Related news about Desihangover
Complete news archive for DesiHangover
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Verified entity values are shown only after access is granted.
Frequently Asked Questions about DesiHangover
DesiHangover was founded in 2014 and raised its 1st funding round 8 years after it was founded.
DesiHangover is headquartered in Mumbai, India. It is registered at Mumbai, Maharashtra, India.
DesiHangover is a funded company, having raised a total of $182.17K across 1 funding round to date. The company's 1st funding round was a Seed of $182.17K, raised on Jan 2022.
The primary company behind DesiHangover, Arken Enterprises Private Limited, reported revenue of ₹3.16 Cr for FY 2023, up 21% year on year.
DesiHangover was founded in 2014 in Mumbai, India, within the footwear manufacturing sector. Leather-soled sandals are handcrafted using vegetable tanning processes for sustainable production. Unique designs and vibrant colors are developed, with emphasis on comfort, breathability, and versatility for casual or formal use. Operations focus on economic empowerment of local artisans, as reflected in customer feedback on product suitability.
DesiHangover offers HOLA MEN, BELLE, FUNK, and DAILY.
DesiHangover has 10 investors. Key investors include Be an Angel, Social Alpha, Ram Narasimhan, Guruprasad A Shenoy, and Shashidhar Viswanatha Lakkavalli.
The valuation of DesiHangover is $1.18M as of Jan 2022.
DesiHangover operates through Arken Enterprises Private Limited.
The legal entities of DesiHangover currently have 3 directors, including Hitesh Rajendra Kenjale, Lakshya Arora, Abha Dinesh Agrawal.