About Ethnico
Ethnico is a Retail company based in Chennai (India) founded in 2020. It runs a direct-to-consumer brand offering customized ethnic wear for women. It operates on a B2C model. Its Indian entity Craftsppl Private Limited reported revenue of ₹30.6 Lakh. Its focus areas include Fashion, Apparel, Ethnic Wear and Customized Clothing. Its competitors include Fashor, Dressfolk and Suta; 2 of its 3 listed competitors have raised funding.
Company details
Ethnico, founded in 2020 in Chennai, India, focuses on dealing with fashion products, apparel, ethnic wear, and customized clothing. Runs a direct-to-consumer brand offering customized ethnic wear for women. The company is dedicated to excellence, innovation, and customer satisfaction, ensuring sustainable practices and long-term success in its sectors.
- Headquarters Chennai, India
- SectorsRetail
- Website ethnico.in
- Social Facebook
- Legal Name Craftsppl Private Limited
- Date of Incorporation 14 Feb, 2020
- Jurisdiction Chennai, Tamil Nadu, India
- Annual Revenue₹30.6 Lakh
FY 2024
- Net Profit₹3.3 Lakh
FY 2024 · 11% margin
- EBITDA₹4.8 Lakh
FY 2024 · 16% margin
Associated legal entities of Ethnico
Ethnico operates through Craftsppl Private Limited (active). Its filings, financials, charges and directors are on the company page.
| Legal entity | Status | Incorporated | Registered in | Revenue (FY 2024) | Employees | Directors | Company page |
|---|---|---|---|---|---|---|---|
| Craftsppl Private Limited CIN U52100TN2020PTC134453 | Active | 14 Feb 2020 | Chennai, Tamil Nadu | ₹0.3 Cr | 2 | View details |
Board of directors of Craftsppl Private Limited (Ethnico)
Craftsppl Private Limited is the primary company behind Ethnico. The board of Craftsppl Private Limited currently have 2 directors; the longest-serving is Nandakumar Nivetha, appointed in 2020.
| Director | Designation | Appointed | Tenure | Entity |
|---|---|---|---|---|
| Nandakumar Nivetha DIN 08700291 | Director | 14 Feb 2020 | 6 yrs 8 mo | Craftsppl Private Limited |
| Rangarajan Anitha DIN 08700292 | Director | 14 Feb 2020 | 6 yrs 8 mo | Craftsppl Private Limited |
Financials of Ethnico
Figures of Craftsppl Private Limited, the primary company behind Ethnico, for FY 2024. Revenue was ₹30.6 Lakh. Net profit was ₹3.3 Lakh (11% margin). EBITDA was ₹4.8 Lakh (16% margin).
- ₹30.6 LakhRevenue · FY 2024
- ₹3.3 LakhNet profit · 11% margin
- ₹4.8 LakhEBITDA · 16% margin
- ₹1 LakhPaid-up capital
Balance sheet, profit and loss, cash flow and ratios of Craftsppl Private Limited are on its company page.
Detailed financial statements for Ethnico
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Competitors of Ethnico
Ethnico has 3 listed competitors in our database, 2 of them funded. They include Fashor, Dressfolk and Suta.
| Company Name | Domain | Founded | HQ Location | Total funding | Employees | Description |
|---|---|---|---|---|---|---|
| fashor.com | 2017 | Chennai, India | $6.23M | 232 | Ethnic wear for women is offered via an internet-first brand. | |
| dressfolk.com | 2015 | Delhi, India | $838,736 | 5 | Handcrafted ethnic wear for women is offered online by Dressfolk. | |
| suta.in | 2016 | Mumbai, India | 231 | Online platform selling traditional Indian apparel and accessories. |
Detailed competitors of Ethnico
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- Full competitor set
- Operating metrics
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Top companies in Women Apparel E-Commerce
3 companies that operate in the same segment as Ethnico (Women Apparel E-Commerce) in India, ranked by their profile score on The Company Check.
| Company | Description | Founded | Location | Total funding | Revenue | Employees |
|---|---|---|---|---|---|---|
Operates an online platform selling apparel items like trousers, jeans, shorts, and shoes. | 2014 | Bengaluru, Karnataka, India | USD 42 M | USD 26.76 M | 3,181 | |
Online platform selling stylish western clothing for women including dresses and tops. | 2015 | Gurugram, Haryana, India | USD 9.87 M | USD 10.15 M | 272 | |
Manages an e-commerce platform offering diverse fashion products for men, women, and kids. | 2016 | Mumbai, Maharashtra, India | 6 |
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Frequently Asked Questions about Ethnico
Ethnico was founded in 2020.
Ethnico is headquartered in Chennai, India. It is registered at Chennai, Tamil Nadu, India.
The primary company behind Ethnico, Craftsppl Private Limited, reported revenue of ₹30.6 Lakh for FY 2024.
Ethnico, founded in 2020 in Chennai, India, focuses on dealing with fashion products, apparel, ethnic wear, and customized clothing. Runs a direct-to-consumer brand offering customized ethnic wear for women. The company is dedicated to excellence, innovation, and customer satisfaction, ensuring sustainable practices and long-term success in its sectors.
Ethnico operates through Craftsppl Private Limited.
The legal entities of Ethnico currently have 2 directors, including Nandakumar Nivetha, Rangarajan Anitha.