eShakti

Sammamish, United States Founded: 2011 • Age: 15 yrs Minicorn
Customized casual wear for women is offered online.

About eShakti

eShakti is a company based in Sammamish (United States) founded in 2011. eShakti has raised $28.8 million across 10 funding rounds from investors including BlackSoil, Klub and IvyCap Ventures. The company has 388 employees. eShakti operates in a competitive market with competitors including LetsDressUp, WYO, HouseOfBlouse, Samshek and Freshmonk, among others.

  • Headquarter Sammamish, United States
  • Employees 388
  • Stage Minicorn
  • Sectors
    Retail
  • Email
    β€’β€’β€’β€’β€’β€’β€’β€’
  • Phone
    β€’β€’β€’β€’ β€’β€’β€’β€’
  • Website eshakti.com
  • Social LinkedIn X Facebook Instagram
  • Legal Name Eshakti.Com Private Limited
  • Date of Incorporation 15 Mar, 2000
  • Jurisdiction Chennai, Tamil Nadu, India
Key Metrics
  • Annual Revenue
    ₹114 Cr

    FY 2024 · -28% YoY

  • Net Loss
    -₹18.63 Cr

    FY 2024 · -16% margin

  • EBITDA
    -₹8.22 Cr

    FY 2024 · -7% margin

  • Total Equity Funding
    $28.8M (USD)

    in 10 rounds

  • Latest Funding Round
    $1.4M (USD), Series C

    Feb 2023

  • Investors
    BlackSoil

    & 9 more

  • Employee Count
    388

Funding Insights of eShakti

eShakti has successfully raised a total of $28.8M across 10 strategic funding rounds. The most recent funding activity was a Series C round of $1.4 million completed in February 2023. 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 $28.8M
  • Total Rounds 10
  • Last Round Series C β€” $1.4M
  • First Round $3.9M

    (May 2011)

  • Investors Count 10

All 10 funding rounds of eShakti with amounts and investors; the two latest post-money valuations are shown, the rest are part of the premium plan.

DateAmountTransaction NameValuationLead InvestorsInvestors
Feb 2023$1.4MSeries C–Klub
–
Feb 2020$2.1MSeries C$43.92MParagon Partners
–
Jun 2018$11.11MSeries C$43.14MParagon Partners
–
Dec 2017$2.3MDebt – Venture––
Apr 2016$1.8MSeries B$β€’β€’β€’β€’β€’Infina Finance
Oct 2015$2.14MSeries B$β€’β€’β€’β€’β€’Infina Finance
May 2015–Debt – Venture––
May 2014$5.32MSeries B$β€’β€’β€’β€’β€’IvyCap Ventures Advisors
Jun 2013$1.04MSeries A$β€’β€’β€’β€’β€’Chiratae Ventures
May 2011$3.9MSeries A–Chiratae Ventures
Valuation history
DateValuationStage
Feb 2020$43.92Mβ€’β€’β€’β€’β€’β€’β€’β€’
Jun 2018$43.14Mβ€’β€’β€’β€’β€’β€’β€’β€’
Apr 2016$β€’β€’β€’β€’β€’β€’β€’β€’β€’β€’β€’β€’β€’
Oct 2015$β€’β€’β€’β€’β€’β€’β€’β€’β€’β€’β€’β€’β€’
May 2014$β€’β€’β€’β€’β€’β€’β€’β€’β€’β€’β€’β€’β€’
Jun 2013$β€’β€’β€’β€’β€’β€’β€’β€’β€’β€’β€’β€’β€’
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Full valuation and stage history of eShakti

Every valuation point, the growth-stage changes (minicorn, soonicorn, unicorn) and the dates behind them require an active premium plan.

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Last known valuation $43.92M (Feb 2020). 10 investors in total: 8 institutional and 2 angel.

Investors in eShakti

eShakti has secured backing from 10 investors, including institutional, venture fund, and angel investors. Prominent investors backing the company include BlackSoil, Klub and IvyCap Ventures.

All
Venture Fund
Institutional
Angel
InvestorDescriptionFounded YearDomainLocation
A leading Indian mid-market private equity firm is operated.
2015paragonpartners.inMumbai, India
Financial services involving loans against assets and corporate financing in India.
2019infina.co.inMumbai, India
Venture capital fund focused on seed-stage startups
–chiratae.comBengaluru, India
Venture capital firm focused on diversified sectors
–polarisbanyanholding.tcc.modeChennai, India
Venture capital investments in startups from leading Indian institutions across various sectors.
2011ivycapventures.comMumbai, India
Venture debt financing is extended to companies across multiple sectors.
2008innovencapital.comMumbai, India
Fintech platform for revenue-based financing to digital businesses is provided.
2019klubworks.comSingapore, Singapore
Private debt is provided to growth-stage companies by BlackSoil.
2010blacksoil.co.inMumbai, India

B G Krishnan

Angel investor and mentor, focused on Indian startups and technology innovation.
–unknown_246e236e8d594137b-

S Raman

-
–unknown_3dfb8acf80854a09a-
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Investor details for eShakti

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Board of directors of Eshakti.Com Private Limited (eShakti)

Eshakti.Com Private Limited is the primary company behind eShakti. The board of Eshakti.Com Private Limited currently have 2 directors; the longest-serving is Balan Gopala Krishnan, appointed in 2000. 10 earlier directors have ceased.

DirectorDesignationAppointedTenureEntity
Balan Gopala Krishnan
DIN 01255292
Director15 Mar 200026 yrs 6 moEshakti.Com Private Limited
Chandrasekar Vinodh Kumar
DIN 07053315
Additional Director11 Jun 20242 yrs 3 moEshakti.Com Private Limited

People of eShakti

1 people are tracked at eShakti (1 in leadership); the tracked headcount is 388.

NameRoleGroup
B G Krishnan
Founder & CEOLeadership
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Financials of eShakti

Figures of Eshakti.Com Private Limited, the primary company behind eShakti, for FY 2024. Revenue was ₹114 Cr (-28% year on year). Net loss was -₹18.63 Cr (-16% margin). EBITDA was -₹8.22 Cr (-7% margin). Revenue has grown at a compounded annual rate of +4% over three years and -4% over five years.

  • ₹114 CrRevenue · FY 2024 · -28% YoY
  • -₹18.63 CrNet loss · -16% margin
  • -₹8.22 CrEBITDA · -7% margin
  • ₹3.20 CrPaid-up capital
  • 388Employees (provident fund records)
  • +4%Revenue CAGR, 3 years
  • -4%Revenue CAGR, 5 years

Balance sheet, profit and loss, cash flow and ratios of Eshakti.Com Private Limited are on its company page.

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Detailed financial statements for eShakti

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Timeline of eShakti

4 dated milestones of eShakti across 12 years, from founding to its latest funding, stage changes and deals.

  1. Founded eShakti is founded.
  2. Funding First funding round of $3.9M.
  3. Milestone Reaches Minicorn status.
  4. Funding Latest funding round, Series C, of $1.4M.

Competitors of eShakti

eShakti 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 LetsDressUp, WYO, HouseOfBlouse, Samshek and Freshmonk, among others.

Company NameDomainFoundedHQ LocationTotal fundingEmployeesDescription
letsdressup.in2019Gurugram, India$1.72M–
Provider of stitching services for women's apparel
wyo.in2011Mumbai, India$998,81971
Private label brand for western fashion products
houseofblouse.com2014Bengaluru, India$75,631–
Custom blouses for women are designed and retailed online.
samshek.com2015Noida, India––
Online platform offering customized fashion clothing and accessories for sale.
freshmonk.com2014Noida, India––
Provides an online platform for designing and selling custom apparel.
creyate.com2014Bengaluru, India––
Operates as an omni-channel label for customized tailoring services.
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Detailed competitors of eShakti

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Web traffic of eShakti

The website of eShakti (eshakti.com) receives about 53.7K visits a month.

  • Monthly visits
    53.7K

    ▼ 17.4% vs previous month

Similar websites

Websites whose visitors overlap most with eShakti. Affinity shows how closely the audiences match.

WebsiteDomainAudience affinityMonthly visitsGlobal rankProfile
igigi.com
100%
12.3K#1,207,958View details
modcloth.com
100%
459.7K#83,160View details
bandlu.com
bandlu.com
100%
–––
shabbyapple.com
99%
–#6,576,039View details
torrid.com
97%
9M#4,213View details
β€’β€’β€’β€’β€’β€’β€’β€’β€’β€’β€’β€’β€’β€’β€’β€’.comβ€’β€’%β€’.β€’M#‒‒‒‒‒–
β€’β€’β€’β€’β€’β€’β€’β€’β€’β€’β€’β€’β€’β€’β€’β€’.comβ€’β€’%β€’.β€’M#‒‒‒‒‒–
β€’β€’β€’β€’β€’β€’β€’β€’β€’β€’β€’β€’β€’β€’β€’β€’.comβ€’β€’%β€’.β€’M#‒‒‒‒‒–
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All 40 similar websites and full traffic analytics for eShakti

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  • Audience overlap
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Verified entity values are shown only after access is granted.

Latest news on Eshakti

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Similar companies to eShakti

10 companies that operate in the same segment as eShakti (Fashion & Lifestyle E-Commerce), ranked by their profile score on The Company Check.

CompanyDescriptionFoundedLocationTotal fundingRevenueEmployees
Eyewear is offered online for men, women, and kids.
2010Gurugram, Haryana, IndiaUSD 1.08 BUSD 939.4 M–
Fashion and lifestyle products are offered via an online marketplace.
2007Bengaluru, Karnataka, IndiaUSD 123.71 MUSD 542.17 M1,108
Gold and silver jewellery, lab-grown diamonds, and accessories are retailed.
2019Bengaluru, Karnataka, IndiaUSD 142.34 MUSD 32.66 M711
Photo editing and sharing apps are developed by Meitu.
2008Xiamen, Fujian, ChinaUSD 525 MUSD 536.99 M2,420
Subscription-based jewelry is provided by digital-first brand BlueStone.
2011Bengaluru, Karnataka, IndiaUSD 254.97 MUSD 259.64 M3,210
Men's fashion apparel is offered online by Bonobos.
2007New York, New York, United StatesUSD 127.67 M––
Metabolic health is tracked via devices and fitness platforms.
2019Bengaluru, Karnataka, IndiaUSD 163.28 MUSD 65.48 M274
Pre-owned fashion products are sold via an online marketplace.
2008Vilnius, LithuaniaUSD 872.04 M––
Online rental platform offering multi-category fashion products and accessories
2009New York, New York, United StatesUSD 326.35 MUSD 306.2 M850
Customizable smart lock screen experiences are developed for mobile devices.
2019Bengaluru, Karnataka, IndiaUSD 390 M––
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Frequently Asked Questions about eShakti

eShakti was founded in 2011.

eShakti is headquartered in Sammamish, United States. It is registered at Sammamish, Washington, United States.

eShakti is a funded company, having raised a total of $28.8M across 10 funding rounds to date. The company's 1st funding round was a Series A of $3.9M, raised on May 2011.

eShakti has 388 employees.

The primary company behind eShakti, Eshakti.Com Private Limited, reported revenue of β‚Ή114 Cr for FY 2024, down 28% year on year.

eShakti was founded in 2011 and is based in Sammamish, United States. Operations focus on the apparel sector through an internet-first model, providing multi-category casual wear for women. Products such as tops, skirts, and dresses are available with made-to-measure and made-by-design customization options. Fabric selections are also offered for certain pre-existing designs.

eShakti's top competitors include LetsDressUp, WYO and HouseOfBlouse.

eShakti has 10 investors. Key investors include BlackSoil, Klub, IvyCap Ventures, Paragon Partners, and InnoVen Capital.

The valuation of eShakti is $43.92M as of Feb 2020.

eShakti operates through Eshakti.Com Private Limited.

The legal entities of eShakti currently have 2 directors, including Balan Gopala Krishnan, Chandrasekar Vinodh Kumar.

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