About EcoRight
EcoRight is a Retail company based in Ahmedabad (India) founded in 2017 by Sanjiv Sood and Udit Sood. It operates as an eco-friendly handbags are offered via an online-first model. Its website ecoright.com draws about 62 thousand monthly visits. Its focus areas include Consumer, Fashion Tech, B2C Commerce and Accessories. Its competitors include Earthy Zest, Kalankit, Corkiza, Rioz Store and MixMitti and 1 more.
Company details
EcoRight was established in 2017 in Ahmedabad, India, as an internet-first brand in the sustainable accessories sector. A range of handbags, including tote bags, shoulder bags, cross-body bags, and others, is provided. Products are crafted from sustainable materials and produced through ethical manufacturing processes. Operations focus on direct-to-consumer sales to support environmentally responsible fashion practices.
- InvestorsAmazon
& 1 more
Associated legal entities of EcoRight
EcoRight is associated with 2 registered companies on The Company Check. Each company page carries the filings, financials, charges and directors of that entity.
| Legal entity | Status | Incorporated | Registered in | Revenue (FY 2023) | Employees | Directors | Company page |
|---|---|---|---|---|---|---|---|
| Ecoright Solutions Llp CIN AAJ-6572 | Active | 09 Jun 2017 | Ahmedabad, Gujarat | ₹0.0 Cr | – | 3 | View details |
| Ecoright Private Limited CIN U17299GJ2019PTC109575 | Active | 20 Aug 2019 | Ahmedabad, Gujarat | ₹8.9 Cr | 14 | 3 | View details |
Apps and channels of EcoRight
its YouTube channel Ecoright has 407 subscribers and 13 videos.
Videos from EcoRight
The most watched videos on EcoRight's YouTube channel, Ecoright (407 subscribers). Click a video to play it here.
More on Ecoright.
Funding Insights of EcoRight
- Total Rounds 2
- First Round $100,000
(Sep 2022)
- Investors Count 2
All 2 funding rounds of EcoRight 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 |
|---|---|---|---|---|---|
| Nov 2024 | – | Seed | – | – | |
| Sep 2022 | $100,000 | Grant | – | – |
2 investors in total: 2 institutional.
Investors in EcoRight
EcoRight has secured backing from 2 investors, including institutional and venture fund investors. Prominent investors backing the company include Amazon and Upaya Social Ventures.
| Investor | Description | Founded Year | Domain | Location |
|---|---|---|---|---|
- | – | upayasv.org | - | |
Multi-category products are offered through an online marketplace. | 1994 | amazon.com | Seattle, United States |
Investor details for EcoRight
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Board of directors of EcoRight
The boards of the 2 registered companies of EcoRight currently have 3 directors; the longest-serving is Sanjiv Satindernath Sood, appointed in 2017. 1 earlier director has ceased.
| Director | Designation | Appointed | Tenure | Entity |
|---|---|---|---|---|
| Sanjiv Satindernath Sood DIN 00962555 | Designated Partner | 09 Jun 2017 | 9 yrs 4 mo | Ecoright Solutions Llp, Ecoright Private Limited |
| Udit Sanjiv Sood DIN 07813840 | Designated Partner | 09 Jun 2017 | 9 yrs 4 mo | Ecoright Solutions Llp, Ecoright Private Limited |
| Nikita Barmecha DIN 08541105 | Designated Partner | 01 Apr 2021 | 5 yrs 6 mo | Ecoright Solutions Llp, Ecoright Private Limited |
People of EcoRight
2 people are tracked at EcoRight (2 in leadership).
| Name | Role | Group |
|---|---|---|
| Co-Founder | Leadership | |
| Co-Founder | Leadership |
Complete people profiles for EcoRight
Full employee and board profiles, team structure, tenure and professional contact details require an active premium plan.
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Financials of EcoRight
Figures of Ecoright Solutions Llp, the primary company behind EcoRight, for FY 2023. Revenue was ₹2 Lakh (-81% year on year). Revenue has grown at a compounded annual rate of -73% over three years and -42% over five years.
- ₹2 LakhRevenue · FY 2023 · -81% YoY
- -73%Revenue CAGR, 3 years
- -42%Revenue CAGR, 5 years
Balance sheet, profit and loss, cash flow and ratios of Ecoright Solutions Llp are on its company page.
Detailed financial statements for EcoRight
Statement rows, ratios, five-year trends and downloadable financials of the group companies require an active premium plan.
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Timeline of EcoRight
3 dated milestones of EcoRight across 7 years, from founding to its latest funding, stage changes and deals.
- Founded EcoRight is founded.
- Funding First funding round of $100K.
- Funding Latest funding round, Seed,.
Competitors of EcoRight
EcoRight has 6 listed competitors in our database. They include Earthy Zest, Kalankit, Corkiza, Rioz Store and MixMitti, among others.
| Company Name | Domain | Founded | HQ Location | Total funding | Employees | Description |
|---|---|---|---|---|---|---|
| earthyzest.com | 2016 | Mumbai, India | – | – | Upcycled products are offered for purchase on an online platform. | |
| kalankit.com | 2021 | Mumbai, India | – | – | Online platform selling artist-designed handbags, wallets, and accessories to promote art. | |
| corkiza.com | 2015 | Delhi, India | – | – | Curates and sells eco-friendly cork-based accessories and home goods online. | |
| riozstore.com | 2023 | Agra, India | – | – | Sells eco-friendly fashion items including bags, shoes, and accessories online. | |
| mixmitti.com | 2019 | Delhi, India | – | – | Operates an online fashion brand specializing in eco-friendly handbags and accessories. | |
| babyneedcare.com | 2021 | Delhi, India | – | – | Operates a direct-to-consumer brand offering vegan handbags. |
Detailed competitors of EcoRight
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Web traffic of EcoRight
The website of EcoRight (ecoright.com) receives about 62.1K visits a month.
- Monthly visits62.1K
▼ 10.6% vs previous month
Websites whose visitors overlap most with EcoRight. Affinity shows how closely the audiences match.
| Website | Domain | Audience affinity | Monthly visits | Global rank | Profile |
|---|---|---|---|---|---|
| maishalifestyle.com | 100% | 68.7K | #505,530 | View details | |
| zouk.co.in | 96% | 1.2M | #42,229 | View details | |
| studiobeej.com | 95% | 1.8K | #8,492,771 | View details | |
wwfinternationalstore.com | wwfinternationalstore.com | 94% | – | #2,824,783 | – |
modernmyth.in | modernmyth.in | 92% | – | – | – |
| •••••••••• | ••••••.com | ••% | •.•M | #••••• | – |
| •••••••••• | ••••••.com | ••% | •.•M | #••••• | – |
| •••••••••• | ••••••.com | ••% | •.•M | #••••• | – |
All 40 similar websites and full traffic analytics for EcoRight
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- 40 similar websites
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Top companies in Fashion & Lifestyle E-Commerce
10 companies that operate in the same segment as EcoRight (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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Related news about Ecoright
Complete news archive for EcoRight
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Articles about EcoRight on our blog
Frequently Asked Questions about EcoRight
EcoRight was founded in 2017 and raised its 1st funding round 5 years after it was founded.
EcoRight is headquartered in Ahmedabad, India. It is registered at Ahmedabad, Gujarat, India.
EcoRight was established in 2017 in Ahmedabad, India, as an internet-first brand in the sustainable accessories sector. A range of handbags, including tote bags, shoulder bags, cross-body bags, and others, is provided. Products are crafted from sustainable materials and produced through ethical manufacturing processes. Operations focus on direct-to-consumer sales to support environmentally responsible fashion practices.
EcoRight's top competitors include Earthy Zest, Corkiza and Kalankit.
EcoRight has 2 investors. Key investors include Amazon, and Upaya Social Ventures.
EcoRight is associated with 2 legal entities: Ecoright Solutions Llp, Ecoright Private Limited.
The legal entities of EcoRight currently have 3 directors, including Sanjiv Satindernath Sood, Nikita Barmecha, Udit Sanjiv Sood.