About Fashor
Fashor is a company based in Chennai (India) founded in 2017 by Priyanka Kankaria and Vikram Kankaria. Fashor has raised $6.23 million across 7 funding rounds from investors including Venture Catalysts, Saravana Global Energy Limited and 100Unicorns. The company has 85 employees as of April 03, 2024. Fashor offers products and services including Kurtas, Kurta Sets, and Plus Size Collection. Fashor operates in a competitive market with competitors including Dressfolk, Suta, House of Chikankari, trueBrowns and Isadora Life, among others.
- Headquarter Chennai, India
- Employees 85 as on 03 Apr, 2024
- Founders Priyanka Kankaria, Vikram Kankaria
- 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 Fashor Lifestyle Private Limited
- Date of Incorporation 28 Dec, 2016
- Jurisdiction Chennai, Tamil Nadu, India
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Annual Revenue
$10.51 M (USD)107.44as on Mar 31, 2023
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Net Profit
-$579.35 K (USD)-25.5as on Mar 31, 2023
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EBITDA
-$1.77 M (USD)-327.63as on Mar 31, 2023
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Total Equity Funding
$6.23 M (USD)
in 7 rounds
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Latest Funding Round
$2.34 M (USD), Seed
Jun 25, 2024
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Investors
Venture Catalysts
& 72 more
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Employee Count
85
as on Apr 03, 2024
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Products & Services of Fashor
Fashor offers a comprehensive portfolio of products and services, including Kurtas, Kurta Sets, and Plus Size Collection.
Ethnic kurtas with various prints and designs for women
Complete sets including kurtas and pants for ethnic outfits
Stylish ethnic wear options for plus-size women
People of Fashor
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Funding Insights of Fashor
Fashor has successfully raised a total of $6.23M across 7 strategic funding rounds. The most recent funding activity was a Seed round of $2.34 million completed in June 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 7
- Last Round Seed — $2.3M
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First Round
First Round
(15 Mar 2019)
- Investors Count 73
| Date | Amount | Transaction Name | Valuation | Lead Investors | Investors |
|---|---|---|---|---|---|
| Jun, 2024 | Amount | Seed - Fashor | Valuation | Blume Ventures , Mahesh Kumar Jain |
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| Apr, 2022 | Amount | Seed - Fashor | Valuation | Spotlight Capital Holdings , Vista Business Ventures | |
| Mar, 2021 | Amount | Seed - Fashor | Valuation | Sprout Venture Partners |
Investors in Fashor
Fashor has secured backing from 73 investors, including venture fund, angel, and institutional investors. Prominent investors backing the company include Venture Catalysts, Saravana Global Energy Limited and 100Unicorns.
| Investor | Description | Founded Year | Domain | Location |
|---|---|---|---|---|
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Seed and early-stage investments are made across sectors in India.
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Founded Year | Domain | Location | |
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Business solutions for retailers are provided by Vista Business Ventures.
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Founded Year | Domain | Location | |
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A startup accelerator offering funding and support to early-stage companies.
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Founded Year | Domain | Location |
Investments & Acquisitions by Fashor
Financial Statements - Fashor
Fashor Comparisons
Competitors of Fashor
Fashor 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 Dressfolk, Suta, House of Chikankari, trueBrowns and Isadora Life, among others.
| Company Name | Domain | Founded year | HQ Location | Description |
|---|---|---|---|---|
| domain | founded_year | HQ Location |
Handcrafted ethnic wear for women is offered online by Dressfolk.
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| domain | founded_year | HQ Location |
Online platform selling traditional Indian apparel and accessories.
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| domain | founded_year | HQ Location |
Hand-embroidered Chikankari apparel for men and women is provided.
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| domain | founded_year | HQ Location |
Women's apparel is offered through an internet-first brand.
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| domain | founded_year | HQ Location |
Ethnic wear for women is offered via an internet-first brand.
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Frequently Asked Questions about Fashor
Fashor was founded in 2017 and raised its 1st funding round 2 years after it was founded.
Fashor is headquartered in Chennai, India. It is registered at Chennai, Tamil Nadu, India.
Vikram Kankaria is the current CEO of Fashor. They have also founded this company.
Fashor is a funded company, having raised a total of $6.23M across 7 funding rounds to date. The company's 1st funding round was a Seed of $464.5K, raised on Mar 15, 2019.
As of Apr 03, 2024, the latest employee count at Fashor is 85.
Annual revenue of Fashor is $10.51M as on Mar 31, 2023.
Fashor was founded in 2017 in Chennai, India, operating as an internet-first brand in the womens ethnic apparel sector. Products such as kurtas, bottom wear, kurta sets, and occasion wear are provided, utilizing materials including cotton, georgette, silk, and denim. A mobile application for the brand is available on Android and iOS platforms to support online access.
Fashor's top competitors include Dressfolk, House of Chikankari and Suta.
Fashor offers Kurtas, Kurta Sets, and Plus Size Collection.
Fashor has 73 investors. Key investors include Venture Catalysts, Saravana Global Energy Limited, 100Unicorns, Sprout Venture Partners, and Spotlight Capital Holdings.
The valuation of Fashor is $26.26M as of Jun 2024.