About French Crown
French Crown is a company based in Muskogee (United States) founded in 2019 by Ilesh Ghevariya Ghevariya and Bhavdip Ghevariya.. French Crown has raised $1.31 million across 2 funding rounds from investors including Velocity. The company has 215 employees as of April 04, 2024. French Crown offers products and services including Shirts, Suits, Blazers, Pants, and Accessories. French Crown operates in a competitive market with competitors including True Religion Apparel, Everlane, 100 Thieves, Chubbies Shorts and American Giant, among others.
- Headquarter Muskogee, United States
- Employees 215 as on 04 Apr, 2024
- Founders Ilesh Ghevariya Ghevariya, Bhavdip Ghevariya
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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
*********
- Legal Name French Crown Private Limited
- Date of Incorporation 26 Aug, 2021
- Jurisdiction Surat City, Gujarat, India
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Annual Revenue
$5.29 M (USD)243.09as on Mar 31, 2023
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Net Profit
$10.22 K (USD)-54.78as on Mar 31, 2023
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EBITDA
$285.25 K (USD)651.14as on Mar 31, 2023
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Total Equity Funding
$1.31 M (USD)
in 2 rounds
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Latest Funding Round
$1.05 M (USD), Seed
Jun 22, 2023
- Investors
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Employee Count
215
as on Apr 04, 2024
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Products & Services of French Crown
French Crown offers a comprehensive portfolio of products and services, including Shirts, Suits, Blazers, Pants, and Accessories. 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.
Premium shirts for formal and casual wear
Designer suits for weddings and business events
Versatile blazers for contemporary and ethnic styles
Various pants including chinos and jeans for daily use
Items like ties and belts to enhance outfits
Funding Insights of French Crown
French Crown has successfully raised a total of $1.31M across 2 strategic funding rounds. The most recent funding activity was a Seed round of $1.05 million completed in June 2023. 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 2
- Last Round Seed — $1.0M
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First Round
First Round
(27 Apr 2022)
- Investors Count 1
| Date | Amount | Transaction Name | Valuation | Lead Investors | Investors |
|---|---|---|---|---|---|
| Jun, 2023 | Amount | Seed - French Crown | Valuation | Velocity |
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| Apr, 2022 | Amount | Seed - French Crown | Valuation | Velocity |
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| 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 French Crown
French Crown has secured backing from 1 investor, including institutional investors. Prominent investors backing the company include Velocity. 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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Revenue-based financing and tools are offered to e-commerce businesses.
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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 French Crown
| 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 - French Crown
| 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 |
French Crown Comparisons
Competitors of French Crown
French Crown 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 True Religion Apparel, Everlane, 100 Thieves, Chubbies Shorts and American Giant, 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 |
Internet first brand of fashion apparel wear for men and women
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| domain | founded_year | HQ Location |
Multi-category fashion products are offered via an internet-first brand.
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| domain | founded_year | HQ Location |
Multi-category casual apparel is offered online for men and women.
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| domain | founded_year | HQ Location |
Men's casual apparel and swimwear are designed and retailed.
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| domain | founded_year | HQ Location |
American Giant is focused on producing American-made clothing and activewear.
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| domain | founded_year | HQ Location |
Cotopaxi is engaged in selling outdoor gear and apparel.
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| Company Name | Domain | Founded year | HQ Location | Description |
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| 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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Frequently Asked Questions about French Crown
When was French Crown founded?
French Crown was founded in 2019 and raised its 1st funding round 3 years after it was founded.
Where is French Crown located?
French Crown is headquartered in Muskogee, United States. It is registered at Muskogee, Oklahoma, United States.
Who is the current CEO of French Crown?
Ilesh Ghevariya Ghevariya is the current CEO of French Crown. They have also founded this company.
Is French Crown a funded company?
French Crown is a funded company, having raised a total of $1.31M across 2 funding rounds to date. The company's 1st funding round was a Seed of $261.31K, raised on Apr 27, 2022.
How many employees does French Crown have?
As of Apr 04, 2024, the latest employee count at French Crown is 215.
What is the annual revenue of French Crown?
Annual revenue of French Crown is $5.29M as on Mar 31, 2023.
What does French Crown do?
French Crown was founded in 2019 and is headquartered in Muskogee, United States. Operations are conducted as an internet-first brand within the casual apparel sector. A range of products is provided, including shirts, t-shirts, jackets, sweatshirts, hoodies, blazers, dresses, jeans, pants, skirts, shorts, and jumpsuits. The company is led by co-founders Ilesh Ghevariya as CEO and Bhavdip Ghevariya.
Who are the top competitors of French Crown?
French Crown's top competitors include True Religion Apparel, Everlane and Cotopaxi.
What products or services does French Crown offer?
French Crown offers Shirts, Suits, Blazers, Pants, and Accessories.
Who are French Crown's investors?
French Crown has 1 investor. Key investors include Velocity.