Free Culture
About Free Culture
Free Culture is a Retail company based in Delhi (India) founded in 2011, and was acquired by Arvind in September 2016. Casual wear for men and women is offered online. Free Culture has raised $13 million across 2 funding rounds from investors including Arvind Ltd, RTP Global and Sequoia Capital. The company was acqui-hired. Its focus areas include Consumer, Fashion Tech, B2C Commerce and Apparel.
Company details
Free Culture was founded in 2011 in Delhi, India, as an internet-first brand in the apparel sector. A range of casual clothing items, including shirts, pants, shorts, jackets, skirts, and gowns, is provided for men and women. Innerwear and activewear are also included in the product catalog, with operations focused on online distribution.
- Headquarters Delhi, India
- Stage Acquired
- SectorsRetail
- Acquired by Arvind (Sep 2016)
- Total Equity Funding$13M (USD)
in 2 rounds
- Latest Funding Round$9M (USD), Series A
Jun 2012
- InvestorsArvind Ltd.
& 2 more
- Acquired byArvind
(Sep 2016)
Funding Insights of Free Culture
Free Culture has successfully raised a total of $13M across 2 strategic funding rounds. The most recent funding activity was a Series A round of $9 million completed in June 2012. 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 $13M
- Total Rounds 2
- Last Round Series A — $9M
- First Round $4M
(Dec 2011)
- Investors Count 2
All 2 funding rounds of Free Culture with amounts and investors; the two latest post-money valuations are shown, the rest are part of the premium plan.
| Date | Amount | Transaction Name | Valuation | Lead Investors | Investors |
|---|---|---|---|---|---|
| Jun 2012 | $9M | Series A | – | – | |
| Dec 2011 | $4M | Seed | – | Sequoia Capital | – |
3 investors in total: 3 institutional.
Investors in Free Culture
Free Culture has secured backing from 3 investors, including venture fund and institutional investors. Prominent investors backing the company include Arvind Ltd, RTP Global and Sequoia Capital.
| Investor | Description | Founded Year | Domain | Location |
|---|---|---|---|---|
Venture capital firm focused on early-stage technology companies | 2011 | rtp.vc | New York, United States | |
Sequoia Capital is engaged in venture capital investments. | 1972 | sequoiacap.com | ||
Textiles, apparel, and advanced materials are manufactured across sectors. | 1931 | arvind.com | Ahmedabad, India |
Investor details for Free Culture
The complete investor list, round-by-round participation and investor portfolios require an active premium plan.
- Complete investor list
- Round participation
- Investor portfolios
- Co-investor network
Verified entity values are shown only after access is granted.
Timeline of Free Culture
4 dated milestones of Free Culture across 5 years, from founding to its latest funding, stage changes and deals.
- Founded Free Culture is founded.
- Funding First funding round of $4.0M.
- Funding Latest funding round, Series A, of $9.0M.
- Exit Acquired by Arvind.
Top companies in Women Apparel E-Commerce
3 companies that operate in the same segment as Free Culture (Women Apparel E-Commerce) in India, ranked by their profile score on The Company Check.
| Company | Description | Founded | Location | Total funding | Revenue | Employees |
|---|---|---|---|---|---|---|
Operates an online platform selling apparel items like trousers, jeans, shorts, and shoes. | 2014 | Bengaluru, Karnataka, India | USD 42 M | USD 26.76 M | 3,181 | |
Online platform selling stylish western clothing for women including dresses and tops. | 2015 | Gurugram, Haryana, India | USD 9.87 M | USD 10.15 M | 272 | |
Manages an e-commerce platform offering diverse fashion products for men, women, and kids. | 2016 | Mumbai, Maharashtra, India | 6 |
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Frequently Asked Questions about Free Culture
Free Culture was founded in 2011.
Free Culture is headquartered in Delhi, India. It is registered at Delhi, Delhi, India.
Free Culture is a funded company, having raised a total of $13M across 2 funding rounds to date. The company's 1st funding round was a Seed of $4M, raised on Dec 2011.
Free Culture was founded in 2011 in Delhi, India, as an internet-first brand in the apparel sector. A range of casual clothing items, including shirts, pants, shorts, jackets, skirts, and gowns, is provided for men and women. Innerwear and activewear are also included in the product catalog, with operations focused on online distribution.
Free Culture has 3 investors. Key investors include Arvind Ltd, RTP Global, and Sequoia Capital.
Yes. Free Culture was acquired by Arvind in September 2016.