About Dressfolk
Dressfolk is a company based in Delhi (India) founded in 2015 by Luxmi Mehrotra, Vidushi Saraf, and Nitin Mehrotra.. Dressfolk has raised $838.74 thousand across 3 funding rounds from investors including Angel List, All In Capital and Eternal Capital. Dressfolk operates in a competitive market with competitors including The Indian Ethnic, Via East, Pinklay, Handme and Six Yard Story, among others.
- Headquarter Delhi, India
- Founders Luxmi Mehrotra, Vidushi Saraf, Nitin Mehrotra
- 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
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- Legal Name Dressfolk Private Limited
- Date of Incorporation 29 Jul, 2015
- Jurisdiction New Delhi, Delhi, India
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Annual Revenue
$216.09 K (USD)255.23as on Mar 31, 2023
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Net Profit
$-106.23 K (USD)-6.14as on Mar 31, 2023
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EBITDA
$-163 K (USD)-99.39as on Mar 31, 2023
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Total Equity Funding
$838.74 K (USD)
in 3 rounds
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Latest Funding Round
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Investors
Angel List
& 24 more
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Employee Count
Employee Count
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Funding Insights of Dressfolk
Dressfolk has successfully raised a total of $838.74K across 3 strategic funding rounds. 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 Last Round
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First Round
First Round
(05 May 2023)
- Investors Count 25
| Date | Amount | Transaction Name | Valuation | Lead Investors | Investors |
|---|---|---|---|---|---|
| Jan, 2025 | Amount | Seed - Dressfolk | Valuation | Eternal Capital | |
| Jun, 2024 | Amount | Seed - Dressfolk | Valuation | All In Capital | |
| May, 2023 | Amount | Seed - Dressfolk | Valuation | All In Capital |
| 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 Dressfolk
Dressfolk has secured backing from 25 investors, including venture fund, angel, and institutional investors. Prominent investors backing the company include Angel List, All In Capital and Eternal Capital. 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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Founded Year | Domain | Location | |
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Founded Year | Domain | Location | |
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Early-stage companies and SMEs are invested in by Eaglewings Ventures.
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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 Dressfolk
| 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 - Dressfolk
| 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 |
Dressfolk Comparisons
Competitors of Dressfolk
Dressfolk 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 The Indian Ethnic, Via East, Pinklay, Handme and Six Yard Story, 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 |
Internet first brand offering handcrafted ethnic wear for women
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| domain | founded_year | HQ Location |
Retailer of handcrafted Indian sarees and clothing
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| domain | founded_year | HQ Location |
Online retailer offering women's clothing, home decor, and kids' products globally.
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| domain | founded_year | HQ Location |
Handcrafted casual wear for women is offered online.
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| domain | founded_year | HQ Location |
Provides handwoven sarees, blouses, and ethnic apparel through e-commerce platform.
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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 Dressfolk
Frequently Asked Questions about Dressfolk
When was Dressfolk founded?
Dressfolk was founded in 2015 and raised its 1st funding round 8 years after it was founded.
Where is Dressfolk located?
Dressfolk is headquartered in Delhi, India. It is registered at Delhi, Delhi, India.
Who is the current CEO of Dressfolk?
Nitin Mehrotra is the current CEO of Dressfolk. They have also founded this company.
Is Dressfolk a funded company?
Dressfolk is a funded company, having raised a total of $838.74K across 3 funding rounds to date. The company's 1st funding round was a Seed of $648.38K, raised on May 05, 2023.
What is the annual revenue of Dressfolk?
Annual revenue of Dressfolk is $216.09K as on Mar 31, 2023.
What does Dressfolk do?
Dressfolk was established in 2015 in Delhi, India, as an internet-first brand within the ethnic apparel sector. Handcrafted items such as sarees, blouses, dupattas, and blouse fabrics are provided exclusively for women through its online platform. Operations focus on direct-to-consumer sales, with eco-friendly packaging employed for all shipments. The company is led by co-founders including Nitin Mehrotra as CEO.
Who are the top competitors of Dressfolk?
Who are Dressfolk's investors?
Dressfolk has 25 investors. Key investors include Angel List, All In Capital, Eternal Capital, Deora Group, and Ghazal Alagh.
What is Dressfolk's valuation?
The valuation of Dressfolk is $4.59M as of Jun 2024.