About FableStreet
FableStreet is a company based in Gurugram (India) founded in 2015 by Ayushi Gudwani and Adarsh Sharma. It operates as a D2C, and B2C. FableStreet has raised $9.87 million across 5 funding rounds from investors including Angel List, Wellfound and Trifecta Capital. The company has 272 employees as of March 31, 2024. FableStreet offers products and services including Dresses, Tops, Shirts, Trousers, and Skirts. FableStreet operates in a competitive market with competitors including Bewakoof, Hopscotch, Styched, Virgio and Urbanic, among others.
- Headquarter Gurugram, India
- Employees 272 as on 31 Mar, 2024
- Founders Ayushi Gudwani, Adarsh Sharma
- 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
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- Legal Name Fable Street Lifestyle Solutions Private Limited
- Date of Incorporation 15 Feb, 2016
- Jurisdiction New Delhi, Delhi, India
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Annual Revenue
$10.15 M (USD)41.96as on Mar 31, 2024
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Net Profit
$-1.98 M (USD)-69.06as on Mar 31, 2024
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EBITDA
$-2.21 M (USD)-38.94as on Mar 31, 2024
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Total Equity Funding
$9.87 M (USD)
in 5 rounds
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Latest Funding Round
$153.83 K (USD), Series A
Feb 19, 2024
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Investors
Angel List
& 38 more
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Employee Count
272
as on Mar 31, 2024
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Products & Services of FableStreet
FableStreet offers a comprehensive portfolio of products and services, including Dresses, Tops, Shirts, Trousers, and Skirts. 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.
Stylish dresses for work and casual occasions
Versatile tops for everyday and formal wear
Elegant shirts suitable for office and events
Comfortable trousers for all-day wear
Fashionable skirts for various outings
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Funding Insights of FableStreet
FableStreet has successfully raised a total of $9.87M across 5 strategic funding rounds. The most recent funding activity was a Series A round of $153.83 thousand completed in February 2024. 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 5
- Last Round Series A — $153,826
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First Round
First Round
(20 Jun 2016)
- Investors Count 39
| Date | Amount | Transaction Name | Valuation | Lead Investors | Investors |
|---|---|---|---|---|---|
| Feb, 2024 | Amount | Series A - FableStreet | Valuation |
investors |
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| Jul, 2022 | Amount | Series A - FableStreet | Valuation | Fireside Ventures | |
| Jun, 2019 | Amount | Series A - FableStreet | Valuation | Fireside Ventures , Ravi Nigam |
| 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 FableStreet
FableStreet has secured backing from 39 investors, including venture fund, angel, and institutional investors. Prominent investors backing the company include Angel List, Wellfound and Trifecta Capital. 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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Private debt and equity funds are managed for technology sectors.
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Founded Year | Domain | Location | |
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Early-stage consumer brand companies are invested in by Fireside Ventures.
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Founded Year | Domain | Location | |
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Single family office of K Dinesh, co-founder of Infosys
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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 FableStreet
| 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 - FableStreet
| 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 |
Fablestreet Comparisons
Competitors of FableStreet
FableStreet 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 Bewakoof, Hopscotch, Styched, Virgio and Urbanic, 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 |
Multi-category fashion products are sold by an internet-first brand.
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| domain | founded_year | HQ Location |
Programming is facilitated for children via drag-and-drop code blocks.
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| domain | founded_year | HQ Location |
Multi-category fashion for men and women is offered online.
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| domain | founded_year | HQ Location |
Internet first brand offering apparel for men and women
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| domain | founded_year | HQ Location |
Multi-category women's fashion apparel is offered online by Urbanic.
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| domain | founded_year | HQ Location |
Online platform offering trendy and bold denim 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 Fablestreet
Frequently Asked Questions about FableStreet
When was FableStreet founded?
FableStreet was founded in 2015 and raised its 1st funding round 1 year after it was founded.
Where is FableStreet located?
FableStreet is headquartered in Gurugram, India. It is registered at Gurugram, Haryana, India.
Who is the current CEO of FableStreet?
Ayushi Gudwani is the current CEO of FableStreet. They have also founded this company.
Is FableStreet a funded company?
FableStreet is a funded company, having raised a total of $9.87M across 5 funding rounds to date. The company's 1st funding round was a Series A of $2.95M, raised on Jun 20, 2016.
How many employees does FableStreet have?
As of Mar 31, 2024, the latest employee count at FableStreet is 272.
What is the annual revenue of FableStreet?
Annual revenue of FableStreet is $10.15M as on Mar 31, 2024.
What does FableStreet do?
FableStreet is an online retailer specializing in premium western wear for women, offering items like dresses, tops, shirts, trousers, and skirts. It focuses on comfortable, fashionable clothing for various occasions such as work, casual outings, and parties. Based in Gurugram, India, the company emphasizes fit and quality, catering to Indian women seeking versatile apparel through direct online sales and a user-friendly website.
Who are the top competitors of FableStreet?
What products or services does FableStreet offer?
FableStreet offers Dresses, Tops, Shirts, Trousers, and Skirts.
Who are FableStreet's investors?
FableStreet has 39 investors. Key investors include Angel List, Wellfound, Trifecta Capital, Fireside Ventures, and Ghazal Alagh.
What is FableStreet's valuation?
The valuation of FableStreet is $40.14M as of Feb 2024.