About Eastman Exports
Eastman Exports is a company based in Tiruppur (India) founded in 2003.. Eastman Exports has raised $57.97 million across 2 funding rounds from investors including Bharat Biotech, Textiletestinglaboratiesindia and Eastman Exports. The company has 23 employees as of March 30, 2024. Eastman Exports offers products and services including Men's T-Shirts, Men's Polo T-Shirts, Women's Fashion Wears, Boys Wear, and Girls Wear. Eastman Exports operates in a competitive market with competitors including Gokaldas Exports, Shahi, Radhamani Group, Cupid and Brand Concepts, among others.
- Headquarter Tiruppur, India
- Employees 23 as on 30 Mar, 2024
- Stage Minicorn
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Sectors
Industrial Goods & Manufacturing
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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 Eastman Exports Global Clothing Pvt Ltd.
- Jurisdiction Tirupur, Tamil Nadu, India
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Annual Revenue
$191.51 M (USD)0as on Mar 31, 2023
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Net Profit
$11.98 M (USD)0as on Mar 31, 2023
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EBITDA
$27.24 M (USD)0as on Mar 31, 2023
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Total Equity Funding
$57.97 M (USD)
in 2 rounds
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Latest Funding Round
$30.34 M (USD), Series B
Dec 08, 2022
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Investors
Bharat Biotech
& 6 more
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Employee Count
23
as on Mar 30, 2024
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Products & Services of Eastman Exports
Eastman Exports offers a comprehensive portfolio of products and services, including Men's T-Shirts, Men's Polo T-Shirts, Women's Fashion Wears, Boys Wear, and Girls 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.
Basic and fashion t-shirts for men with various designs.
Polo-style shirts for men in different fabrics.
High-fashion clothing items for women.
Knitwear for boys including t-shirts and nightwear.
Fashion and basic wear for girls.
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Funding Insights of Eastman Exports
Eastman Exports has successfully raised a total of $57.97M across 2 strategic funding rounds. The most recent funding activity was a Series B round of $30.34 million completed in December 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 Total Funding
- Total Rounds 2
- Last Round Series B — $30.3M
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First Round
First Round
(21 Jun 2021)
- Investors Count 7
| Date | Amount | Transaction Name | Valuation | Lead Investors | Investors |
|---|---|---|---|---|---|
| Dec, 2022 | Amount | Series B - Eastman Exports | Valuation | Bharat Biotech |
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| Jun, 2021 | Amount | Series A - Eastman Exports | Valuation | Textiletestinglaboratiesindia |
| 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 Eastman Exports
Eastman Exports has secured backing from 7 investors, including institutional and angel investors. Prominent investors backing the company include Bharat Biotech, Textiletestinglaboratiesindia and Eastman Exports. 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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Manufacturer of vaccines and bio-therapeutic products
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Single family office of Amitabh Bachchan, founder of Amitabh Bachchan Corporation or AB CORP
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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 Eastman Exports
| 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 - Eastman Exports
| 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 |
Eastman Exports Comparisons
Competitors of Eastman Exports
Eastman Exports 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 Gokaldas Exports, Shahi, Radhamani Group, Cupid and Brand Concepts, 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 |
Apparel and clothing are manufactured and exported on contract.
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| domain | founded_year | HQ Location |
Garments are contract-manufactured by Shahi in apparel production.
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| domain | founded_year | HQ Location |
Sustainable garment manufacturing solutions are provided comprehensively.
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| domain | founded_year | HQ Location |
Contract manufacturer of male & female condoms
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| domain | founded_year | HQ Location |
Contract manufacturing of bags, belts, wallets, and accessories is conducted.
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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 Eastman Exports
Frequently Asked Questions about Eastman Exports
When was Eastman Exports founded?
Eastman Exports was founded in 2003 and raised its 1st funding round 18 years after it was founded.
Where is Eastman Exports located?
Eastman Exports is headquartered in Tiruppur, India. It is registered at Tiruppur, Tamil Nadu, India.
Who is the current CEO of Eastman Exports?
Seetharaman Kannan is the current CEO of Eastman Exports.
Is Eastman Exports a funded company?
Eastman Exports is a funded company, having raised a total of $57.97M across 2 funding rounds to date. The company's 1st funding round was a Series A of $27.63M, raised on Jun 21, 2021.
How many employees does Eastman Exports have?
As of Mar 30, 2024, the latest employee count at Eastman Exports is 23.
What is the annual revenue of Eastman Exports?
Annual revenue of Eastman Exports is $191.51M as on Mar 31, 2023.
What does Eastman Exports do?
Eastman Exports was founded in 2003 in Tiruppur, India, where operations are centered on contract manufacturing within the apparel sector. Garments and related products are produced for various clients, with facilities handling production processes from design to delivery. The company is led by key executives including CEO Seetharaman Kannan and Managing Director N Chandran, supporting regional and international supply needs in the textile industry.
Who are the top competitors of Eastman Exports?
Eastman Exports's top competitors include Gokaldas Exports, Radhamani Group and Brand Concepts.
What products or services does Eastman Exports offer?
Eastman Exports offers Men's T-Shirts, Men's Polo T-Shirts, Women's Fashion Wears, Boys Wear, and Girls Wear.
Who are Eastman Exports's investors?
Eastman Exports has 7 investors. Key investors include Bharat Biotech, Textiletestinglaboratiesindia, Eastman Exports, Cholaoilrefineries, and Subash Shamprasad Tiwari.
What is Eastman Exports's valuation?
The valuation of Eastman Exports is $206.84M as of Dec 2022.
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