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. 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.
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
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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 |
| 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 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. 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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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 |
| 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 Fashor
| 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 - Fashor
| 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 |
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. 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 |
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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| 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 Fashor
Frequently Asked Questions about Fashor
When was Fashor founded?
Fashor was founded in 2017 and raised its 1st funding round 2 years after it was founded.
Where is Fashor located?
Fashor is headquartered in Chennai, India. It is registered at Chennai, Tamil Nadu, India.
Who is the current CEO of Fashor?
Vikram Kankaria is the current CEO of Fashor. They have also founded this company.
Is Fashor a funded 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.
How many employees does Fashor have?
As of Apr 03, 2024, the latest employee count at Fashor is 85.
What is the annual revenue of Fashor?
Annual revenue of Fashor is $10.51M as on Mar 31, 2023.
What does Fashor do?
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.
Who are the top competitors of Fashor?
Fashor's top competitors include Dressfolk, House of Chikankari and Suta.
What products or services does Fashor offer?
Fashor offers Kurtas, Kurta Sets, and Plus Size Collection.
Who are Fashor's investors?
Fashor has 73 investors. Key investors include Venture Catalysts, Saravana Global Energy Limited, 100Unicorns, Sprout Venture Partners, and Spotlight Capital Holdings.
What is Fashor's valuation?
The valuation of Fashor is $26.26M as of Jun 2024.
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