About Fostelo
Fostelo is a Consumer company based in Secunderabad (India) by Azeem Mohd Abdullah and Mahesh Vishwanath. Online retailer of stylish, affordable fashion accessories including bags and clutches. It operates on a D2C and B2C model. Its Indian entity Fostelo Retail Private Limited reported revenue of ₹96.6 Lakh. Fostelo offers products and services including Vegan Leather Handbags, Shoulder Bags, Sling Bags, Totes, and Backpacks. Its focus areas include Fashion and Apparel, Accessories and Bags. Its competitors include DailyObjects, Lavie World and Caprese Bags; 2 of its 3 listed competitors have raised funding.
Company details
Fostelo is an online platform that sells stylish and affordable fashion accessories, such as shoulder bags, sling bags, totes, backpacks, and clutches. It combines contemporary designs with durable craftsmanship to provide high-quality products. Customers can shop various collections and benefit from discounts on prepaid orders, targeting women seeking everyday essentials.
- Headquarters Secunderabad, India
- Founders Azeem Mohd Abdullah, Mahesh Vishwanath
- SectorsConsumer
- Website fostelo.com
- Social Facebook
- Legal Name Fostelo Retail Private Limited
- Date of Incorporation 07 Jul, 2012
- Jurisdiction Secunderabad, Telangana, India
- Annual Revenue₹96.6 Lakh
FY 2024 · -54% YoY
- Net Profit₹45,804
FY 2024 · 0% margin
- EBITDA₹68,499
FY 2024 · 1% margin
Associated legal entities of Fostelo
Fostelo operates through Fostelo Retail 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 |
|---|---|---|---|---|---|---|---|
| Fostelo Retail Private Limited CIN U52100TG2012PTC081855 | Active | 07 Jul 2012 | Secunderabad, Telangana | ₹1.0 Cr | 3 | View details |
Products & Services of Fostelo
Fostelo offers a comprehensive portfolio of products and services, including Vegan Leather Handbags, Shoulder Bags, Sling Bags, Totes, and Backpacks.
Stylish and durable handbags made from vegan leather for daily use.
Affordable shoulder bags with contemporary designs for women.
Compact sling bags offering durable craftsmanship and style.
Versatile totes designed for everyday carrying and functionality.
Practical backpacks with modern designs for active lifestyles.
Elegant clutches suitable for evening or casual occasions.
Board of directors of Fostelo Retail Private Limited (Fostelo)
Fostelo Retail Private Limited is the primary company behind Fostelo. The board of Fostelo Retail Private Limited currently have 3 directors; the longest-serving is Abdullah Azeem Mohd, appointed in 2012. 1 earlier director has ceased.
| Director | Designation | Appointed | Tenure | Entity |
|---|---|---|---|---|
| Abdullah Azeem Mohd DIN 05278666 | Director | 07 Jul 2012 | 14 yrs 4 mo | Fostelo Retail Private Limited |
| Mahesh Vishwanath DIN 05278664 | Director | 22 Jul 2013 | 13 yrs 3 mo | Fostelo Retail Private Limited |
| Nausheen Iffath DIN 08150249 | Director | 01 Jan 2018 | 8 yrs 10 mo | Fostelo Retail Private Limited |
People of Fostelo
2 people are tracked at Fostelo (2 in leadership).
| Name | Role | Group |
|---|---|---|
| Co-Founder | Leadership | |
| Co-Founder | Leadership |
Complete people profiles for Fostelo
Full employee and board profiles, team structure, tenure and professional contact details require an active premium plan.
- Full employee list
- Team structure
- Board tenure
- Professional contacts
Verified entity values are shown only after access is granted.
Financials of Fostelo
Figures of Fostelo Retail Private Limited, the primary company behind Fostelo, for FY 2024. Revenue was ₹96.6 Lakh (-54% year on year). Net profit was ₹45,804 (0% margin). EBITDA was ₹68,499 (1% margin). Revenue has grown at a compounded annual rate of -2% over three years and +21% over five years.
- ₹96.6 LakhRevenue · FY 2024 · -54% YoY
- ₹45,804Net profit · 0% margin
- ₹68,499EBITDA · 1% margin
- ₹1 LakhPaid-up capital
- -2%Revenue CAGR, 3 years
- +21%Revenue CAGR, 5 years
Balance sheet, profit and loss, cash flow and ratios of Fostelo Retail Private Limited are on its company page.
Detailed financial statements for Fostelo
Statement rows, ratios, five-year trends and downloadable financials of the group companies require an active premium plan.
- Statement rows
- Financial ratios
- Five-year trends
- Downloads
Verified entity values are shown only after access is granted.
Competitors of Fostelo
Fostelo has 3 listed competitors in our database, 2 of them funded. They include DailyObjects, Lavie World and Caprese Bags.
| Company Name | Domain | Founded | HQ Location | Total funding | Employees | Description |
|---|---|---|---|---|---|---|
| dailyobjects.com | 2012 | Gurugram, India | $14.23M | 155 | Multi-category mobile and fashion accessories are sold online. | |
| lavieworld.com | 2009 | Mumbai, India | $23.11M | 224 | Internet first brand offering handbags and wallets | |
| capresebags.com | 2012 | Mumbai, India | 1,209 | Caprese sells women's fashion bags, slings, and accessories online. |
Detailed competitors of Fostelo
The full competitor set, operating metrics and side-by-side benchmarks require an active premium plan.
- Full competitor set
- Operating metrics
- Benchmarks
- Competitive positioning
Verified entity values are shown only after access is granted.
Web traffic of Fostelo
The website of Fostelo (fostelo.com) receives about 2.1K visits a month.
- Monthly visits2.1K
▲ 28.4% vs previous month
Top companies in Fashion & Lifestyle Products
3 companies that operate in the same segment as Fostelo (Fashion & Lifestyle Products) in India, ranked by their profile score on The Company Check.
| Company | Description | Founded | Location | Total funding | Revenue | Employees |
|---|---|---|---|---|---|---|
Eyewear is offered online for men, women, and kids. | 2010 | Gurugram, Haryana, India | USD 1.04 B | USD 939.4 M | 18,984 | |
Jewellery is retailed via stores and an online platform. | 1993 | Thrissur, Kerala, India | USD 3.83 B | 12,466 | ||
Fine jewelry brand | 1994 | Bengaluru, Karnataka, India | USD 10.3 B | 126 |
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Frequently Asked Questions about Fostelo
Fostelo is headquartered in Secunderabad, India. It is registered at Secunderabad, Telangana, India.
The primary company behind Fostelo, Fostelo Retail Private Limited, reported revenue of ₹96.6 Lakh for FY 2024, down 54% year on year.
Fostelo is an online platform that sells stylish and affordable fashion accessories, such as shoulder bags, sling bags, totes, backpacks, and clutches. It combines contemporary designs with durable craftsmanship to provide high-quality products. Customers can shop various collections and benefit from discounts on prepaid orders, targeting women seeking everyday essentials.
Fostelo's top competitors include DailyObjects, Lavie World and Caprese Bags.
Fostelo offers Vegan Leather Handbags, Shoulder Bags, Sling Bags, Totes, and 2 more products and services.
Fostelo operates through Fostelo Retail Private Limited.
The legal entities of Fostelo currently have 3 directors, including Nausheen Iffath, Abdullah Azeem Mohd, Mahesh Vishwanath.