Ethos Watch

Chandigarh, India Founded: 2003 • Age: 23 yrs
Luxury watches are retailed via stores and online channels.

About Ethos Watch

Ethos Watch is a company based in Chandigarh (India) founded in 2003.. Ethos Watch has raised $12.3 million across 7 funding rounds from investors including KDDL, Sixth Sense Ventures and Ganga Properties. The company has 810 employees as of March 31, 2024. Ethos Watch has completed 2 acquisitions, including Favre-Leuba and Silvercity Brands. Ethos Watch offers products and services including Luxury Watches and Watch Services.

  • Headquarter Chandigarh, India
  • Employees 810 as on 31 Mar, 2024
  • Stage Public
  • Sectors
    Retail
  • Email
    ***********
  • Phone
    *********
  • Website
    *********
  • Social
    *********
  • Legal Name Ethos Ltd.
Operational Areas
Retail → Consumer & Fashion Retail
Key Metrics
  • Annual Revenue
    $146.55 M (USD)
    25.29
    as on Mar 31, 2025
  • Net Profit
    $11.27 M (USD)
    15.6
    as on Mar 31, 2025
  • EBITDA
    $23.64 M (USD)
    26.56
    as on Mar 31, 2025
  • Total Equity Funding
    $12.3 M (USD)

    in 7 rounds

  • Latest Funding Round
    $3.49 M (USD), Series A

    Jul 24, 2018

  • Investors
    KDDL

    & 27 more

  • Employee Count
    810

    as on Mar 31, 2024

  • Investments & Acquisitions
    Favre-Leuba

    & 1 more

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IPO & Listings of Ethos Watch

Ethos Watch is a publicly listed company on the NSE with ticker symbol ETHOSLTD in India, operating in the Retail trade sector. As a publicly traded entity, the company provides investors with opportunities to participate in its growth story through equity ownership. The listing enables access to capital markets, enhances corporate visibility, and provides liquidity for shareholders while maintaining transparency through regulatory compliance and regular financial disclosures.

Exchange: NSE · Ticker: ETHOSLTD . Sector: Retail trade · India

Products & Services of Ethos Watch

Ethos Watch offers a comprehensive portfolio of products and services, including Luxury Watches and Watch Services. 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.

Primary

Luxury watches from multiple brands are retailed by Ethos for personal and gifting purposes.

Repair and care services for watches are provided by Ethos to ensure proper maintenance.

People of Ethos Watch
Headcount 200-500
Employee Profiles 21
Employee Profiles
People
Manish Pitroda
General Manager - VIP Vertical - West Zone
People
Mohit Gandhi
Store Head - Bovet Boutique (1822), India
People
Rakesh Gupta
Head Of Information Technology
People
Munish Gupta
Chief Financial Officer

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Funding Insights of Ethos Watch

Ethos Watch has successfully raised a total of $12.3M across 7 strategic funding rounds. The most recent funding activity was a Series A round of $3.49 million completed in July 2018. 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 Rounds 7
  • Last Round Series A — $3.5M
  • First Round

    (14 Feb 2009)

  • Investors Count 28
Date Amount Transaction Name Valuation Lead Investors Investors
Jul, 2018 Amount Series A - Ethos Watch Valuation Siddharth Iyer
Feb, 2018 Amount Angel Round - Ethos Watch Valuation Anil Khanna
Oct, 2014 Amount Series A - Ethos Watch Valuation Sixth Sense Ventures
Date Amount Transaction Name Valuation Lead Investors Investors
Jul, 2021 Amount Post-IPO - Grab Valuation

investors

Feb, 2021 Amount Post-IPO - Grab Valuation

investors

Jan, 2021 Amount Post-IPO - Grab Valuation

investors

Feb, 2021 Amount Post-IPO - Grab Valuation

investors

Investors in Ethos Watch

Ethos Watch has secured backing from 28 investors, including angel, venture fund, and institutional investors. Prominent investors backing the company include KDDL, Sixth Sense Ventures and Ganga Properties. 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.

All
Venture Fund
Institutional
Angel
Investor Description Founded Year Domain Location
Retail sector investments are managed by Global Media Ventures.
Founded Year Domain Location
Venture capital fund investing in consumer-focused startups in India.
Founded Year Domain Location
-
Founded Year Domain Location
Investor Description Founded Year Domain Location
Single family office of Amitabh Bachchan, founder of Amitabh Bachchan Corporation or AB CORP
Founded Year Domain Location
Startup ecosystems are ignited through strategic investments by Signite Partners.
Founded Year Domain Location
Venture capital is directed toward companies in multiple sectors.
Founded Year Domain Location
Venture capital is invested in cybersecurity, fintech, and AI startups.
Founded Year Domain Location

Investments & Acquisitions by Ethos Watch

Ethos Watch has strategically engaged in corporate development activities, having acquired 2 companies. Notable acquisitions include Favre-Leuba and Silvercity Brands. These strategic investments and acquisitions demonstrate the company's commitment to growth through portfolio expansion, market consolidation, technology integration, and strategic partnerships that enhance competitive positioning and drive long-term value creation.

Investments
Company Name Description Domain Location Founded Year Amount
Bionic investment advisor platform
2016
Fine Asian gourmet food is offered by an internet-first restaurant.
2016
Physical e-commerce kiosks are deployed for rural purchases in Indonesia.
2014
Fine Asian gourmet food is offered by an internet-first restaurant.
2016
Acquisitions
Company Name Description Domain Location Founded Year Amount
Watches are branded and distributed by Silvercity Brands.
2023
Provider of tourism planning and promotional services for a specific region
1737
Company Name Description Domain Location Founded Year Amount
OVO is recognized as a smart digital payment application.
2017
Bionic investment advisor platform
2016
Physical e-commerce kiosks are deployed for rural purchases in Indonesia.
2014
Physical e-commerce kiosks are deployed for rural purchases in Indonesia.
2014

Financial Statements - Ethos Watch

Tata Steel revenue growth over time
Tata Steel profit and loss trends over time
Date Amount Transaction Name Valuation Lead Investors Investors
Jul, 2021 Amount Post-IPO - Grab Valuation

investors

Feb, 2021 Amount Post-IPO - Grab Valuation

investors

Jan, 2021 Amount Post-IPO - Grab Valuation

investors

Feb, 2021 Amount Post-IPO - Grab Valuation

investors

Ethos Watch Comparisons

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Competitors of Ethos Watch

Company Name Domain Founded year HQ Location Description
domain founded_year HQ Location
Multiple services are booked via an app-based platform.
domain founded_year HQ Location
On-demand services are booked through an app-based platform.
domain founded_year HQ Location
App based platform offering on demand delivery and ride-hailing services
domain founded_year HQ Location
Operates an on-demand hyperlocal delivery app for food and groceries.

Latest news on Ethos Watch

Frequently Asked Questions about Ethos Watch

When was Ethos Watch founded?

Ethos Watch was founded in 2003 and raised its 1st funding round 6 years after it was founded.

Where is Ethos Watch located?

Ethos Watch is headquartered in Chandigarh, India.

Is Ethos Watch a funded company?

Ethos Watch is a funded company, having raised a total of $12.3M across 7 funding rounds to date. The company's 1st funding round was a Series A of $1.19M, raised on Feb 14, 2009.

How many employees does Ethos Watch have?

As of Mar 31, 2024, the latest employee count at Ethos Watch is 810.

What is the annual revenue of Ethos Watch?

Annual revenue of Ethos Watch is $146.55M as on Mar 31, 2025.

What does Ethos Watch do?

Ethos Watch was established in 2003 in Chandigarh, India, as a retail chain specializing in luxury watches. Operations are conducted through physical stores and an online platform at ethoswatches.com. Authorized retailer status ensures that all watches are provided with official brand warranties. Services include online purchases with home delivery, in-store viewings, at-home appointments, and website-based transactions. The focus remains on the Indian market.

What products or services does Ethos Watch offer?

Ethos Watch offers Luxury Watches and Watch Services.

Is Ethos Watch publicly traded?

Yes, Ethos Watch is publicly traded on NSE under the ticker symbol ETHOSLTD.

How many acquisitions has Ethos Watch made?

Ethos Watch has made 2 acquisitions, including Favre-Leuba, and Silvercity Brands.

Who are Ethos Watch's investors?

Ethos Watch has 28 investors. Key investors include KDDL, Sixth Sense Ventures, Ganga Properties, Siddharth Iyer, and Global Media Ventures.

What is Ethos Watch's ticker symbol?

The ticker symbol of Ethos Watch is ETHOSLTD on NSE.

What is Ethos Watch's valuation?

The valuation of Ethos Watch is $73.44M as of Jul 2018.

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