About Diamond Threads
Diamond Threads is a company based in Mumbai (India) founded in 2005 by Vinay Bhartia. It operates as a B2C. Diamond Threads operates in a competitive market with competitors including Hopscotch, Bewakoof, Styched, Max Fashion and Be Young, among others.
- Headquarter Mumbai, India
- Founders Vinay Bhartia
- SectorsRetail
- Website diamondthreads.com
- Social Facebook
- Legal Name Diamond Threads & Machines Private Limited
- Date of Incorporation 09 Aug, 2006
- Jurisdiction Mumbai, Maharashtra, India
- Annual Revenue₹19.36 Cr
FY 2025 · -3% YoY
- Net Profit₹73.1 Lakh
FY 2025 · 4% margin
- EBITDA₹1.12 Cr
FY 2025 · 6% margin
Associated legal entities of Diamond Threads
Diamond Threads operates through Diamond Threads & Machines 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 |
|---|---|---|---|---|---|---|---|
| Diamond Threads & Machines Private Limited CIN U17299MH2006PTC163694 | Active | 09 Aug 2006 | Mumbai, Maharashtra | ₹19.4 Cr | – | 2 | View details |
Board of directors of Diamond Threads & Machines Private Limited (Diamond Threads)
Diamond Threads & Machines Private Limited is the primary company behind Diamond Threads. The board of Diamond Threads & Machines Private Limited currently have 2 directors; the longest-serving is Abhay Arun Bhartia, appointed in 2006. 2 earlier directors have ceased.
| Director | Designation | Appointed | Tenure | Entity |
|---|---|---|---|---|
| Abhay Arun Bhartia DIN 00360758 | Director | 09 Aug 2006 | 20 yrs 2 mo | Diamond Threads & Machines Private Limited |
| Vinod Ramgopal Bhartia DIN 00359157 | Director | 07 Jun 2016 | 10 yrs 4 mo | Diamond Threads & Machines Private Limited |
People of Diamond Threads
1 people are tracked at Diamond Threads (1 in leadership).
| Name | Role | Group |
|---|---|---|
| ex-Founder | Leadership |
Complete people profiles for Diamond Threads
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Financials of Diamond Threads
Figures of Diamond Threads & Machines Private Limited, the primary company behind Diamond Threads, for FY 2025. Revenue was ₹19.36 Cr (-3% year on year). Net profit was ₹73.1 Lakh (4% margin). EBITDA was ₹1.12 Cr (6% margin). Revenue has grown at a compounded annual rate of +3% over three years and +12% over five years.
- ₹19.36 CrRevenue · FY 2025 · -3% YoY
- ₹73.1 LakhNet profit · 4% margin
- ₹1.12 CrEBITDA · 6% margin
- ₹10 LakhPaid-up capital
- +3%Revenue CAGR, 3 years
- +12%Revenue CAGR, 5 years
Balance sheet, profit and loss, cash flow and ratios of Diamond Threads & Machines Private Limited are on its company page.
Detailed financial statements for Diamond Threads
Statement rows, ratios, five-year trends and downloadable financials of the group companies require an active premium plan.
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- Downloads
Verified entity values are shown only after access is granted.
Competitors of Diamond Threads
Diamond Threads 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 Hopscotch, Bewakoof, Styched, Max Fashion and Be Young, among others.
| Company Name | Domain | Founded | HQ Location | Total funding | Employees | Description |
|---|---|---|---|---|---|---|
| gethopscotch.com | 2011 | New York, United States | $1.2M | – | Programming is facilitated for children via drag-and-drop code blocks. | |
| 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. | |
| maxfashion.in | 2006 | Bengaluru, India | – | 671 | Internet first brand of clothing, footwear, and accessories for women, men, and kids | |
| beyoung.in | 2017 | Udaipur, India | $4.89M | 143 | Everyday fashion apparel, accessories, and combo options are retailed. | |
| frenchconnection.com | 1972 | London, United Kingdom | – | – | Internet first brand offering apparel wear for women and men | |
| nobero.com | 2014 | Hyderabad, India | $300,000 | 64 | Internet first brand offering apparel for women and men | |
| tigc.in | 2011 | Bengaluru, India | $18.67M | 523 | Online brand offering mens and womens apparel | |
| nnnow.com | 2016 | Bengaluru, India | – | 1,036 | Online platform for purchasing top international fashion and footwear brands. |
Detailed competitors of Diamond Threads
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.
Similar companies to Diamond Threads
10 companies that operate in the same segment as Diamond Threads (Fashion & Lifestyle E-Commerce), 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 1.08 B | USD 939.4 M | – | |
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 | |
Photo editing and sharing apps are developed by Meitu. | 2008 | Xiamen, Fujian, China | USD 525 M | USD 536.99 M | 2,420 | |
Subscription-based jewelry is provided by digital-first brand BlueStone. | 2011 | Bengaluru, Karnataka, India | USD 254.97 M | USD 259.64 M | 3,210 | |
Men's fashion apparel is offered online by Bonobos. | 2007 | New York, New York, United States | USD 127.67 M | – | – | |
Metabolic health is tracked via devices and fitness platforms. | 2019 | Bengaluru, Karnataka, India | USD 163.28 M | USD 65.48 M | 274 | |
Pre-owned fashion products are sold via an online marketplace. | 2008 | Vilnius, Lithuania | USD 872.04 M | – | – | |
Online rental platform offering multi-category fashion products and accessories | 2009 | New York, New York, United States | USD 326.35 M | USD 306.2 M | 850 | |
Customizable smart lock screen experiences are developed for mobile devices. | 2019 | Bengaluru, Karnataka, India | USD 390 M | – | – |
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Frequently Asked Questions about Diamond Threads
Diamond Threads was founded in 2005.
Diamond Threads is headquartered in Mumbai, India. It is registered at Mumbai, Maharashtra, India.
The primary company behind Diamond Threads, Diamond Threads & Machines Private Limited, reported revenue of ₹19.36 Cr for FY 2025, down 3% year on year.
Diamond Threads operates an online platform offering clothing and accessories, focusing on engaging in retail operations, operating online marketplaces, dealing with fashion products, and clothing and accessories. It serves clients with dedicated solutions, emphasizing quality, innovation, and sustainable growth in its core markets.
Diamond Threads operates through Diamond Threads & Machines Private Limited.
The legal entities of Diamond Threads currently have 2 directors, including Vinod Ramgopal Bhartia, Abhay Arun Bhartia.