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 as of April 02, 2024. eShakti operates in a competitive market with competitors including LetsDressUp, WYO, HouseOfBlouse, Samshek and Freshmonk, among others.
- Headquarter Sammamish, United States
- Employees 388 as on 02 Apr, 2024
- 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
*********
- Legal Name Eshakti.Com Private Limited
- Date of Incorporation 15 Mar, 2000
- Jurisdiction Chennai, Tamil Nadu, India
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Annual Revenue
$18.97 M (USD)20.78as on Mar 31, 2023
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Net Profit
$-5.55 M (USD)-23.18as on Mar 31, 2023
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EBITDA
$-4.28 M (USD)-13.93as on Mar 31, 2023
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Total Equity Funding
$28.8 M (USD)
in 10 rounds
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Latest Funding Round
$1.4 M (USD), Series C
Feb 28, 2023
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Investors
BlackSoil
& 9 more
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Employee Count
388
as on Apr 02, 2024
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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 Total Funding
- Total Rounds 10
- Last Round Series C — $1.4M
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First Round
First Round
(20 May 2011)
- Investors Count 10
| Date | Amount | Transaction Name | Valuation | Lead Investors | Investors |
|---|---|---|---|---|---|
| Feb, 2023 | Amount | Series C - eShakti | Valuation | Klub |
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| Feb, 2020 | Amount | Series C - eShakti | Valuation | Paragon Partners |
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| Jun, 2018 | Amount | Series C - eShakti | Valuation | Paragon Partners |
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| 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 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. 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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A leading Indian mid-market private equity firm is operated.
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Founded Year | Domain | Location | |
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Financial services involving loans against assets and corporate financing in India.
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Founded Year | Domain | Location | |
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Venture capital fund focused on seed-stage startups
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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 eShakti
| 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 - eShakti
| 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 |
Eshakti Comparisons
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. 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 |
Provider of stitching services for women's apparel
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| domain | founded_year | HQ Location |
Private label brand for western fashion products
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| domain | founded_year | HQ Location |
Custom blouses for women are designed and retailed online.
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| domain | founded_year | HQ Location |
Online platform offering customized fashion clothing and accessories for sale.
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| domain | founded_year | HQ Location |
Provides an online platform for designing and selling custom apparel.
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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 Eshakti
Frequently Asked Questions about eShakti
When was eShakti founded?
eShakti was founded in 2011.
Where is eShakti located?
eShakti is headquartered in Sammamish, United States. It is registered at Sammamish, Washington, United States.
Is eShakti a funded company?
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 C of $11.11M, raised on May 20, 2011.
How many employees does eShakti have?
As of Apr 02, 2024, the latest employee count at eShakti is 388.
What is the annual revenue of eShakti?
Annual revenue of eShakti is $18.97M as on Mar 31, 2023.
What does eShakti do?
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.
Who are the top competitors of eShakti?
eShakti's top competitors include LetsDressUp, WYO and HouseOfBlouse.
Who are eShakti's investors?
eShakti has 10 investors. Key investors include BlackSoil, Klub, IvyCap Ventures, Paragon Partners, and InnoVen Capital.
What is eShakti's valuation?
The valuation of eShakti is $43.92M as of Feb 2020.