About Freshmonk
Freshmonk was a Retail company based in Noida (India) founded in 2014 by Shashank Agrawal and Prashant Gulati. It provides an online platform for designing and selling custom apparel. It operates on a B2C model. Its Indian entity 91 Design Labs Private Limited reported revenue of ₹2.45 Cr. The company is recorded as dissolved. Its focus areas include E-commerce, Fashion and Apparel, Custom Clothing and Design Platforms. Its competitors include Impact Guru, Milaap and Nobero; 3 of its 3 listed competitors have raised funding.
Company details
Freshmonk, based in Noida, focuses on operating online marketplaces, fashion and apparel, custom clothing, and design platforms. Provides an online platform for designing and selling custom apparel. The company prioritizes operational excellence, innovation, and customer-centric approaches for success. It continues to evolve, meeting industry challenges with strategic approaches.
- Headquarters Noida, India
- Founders Shashank Agrawal, Prashant Gulati
- SectorsRetail
- Website freshmonk.com
- Social X Facebook
- Legal Name 91 Design Labs Private Limited
- Date of Incorporation 10 Jan, 2014
- Jurisdiction New Delhi, Delhi, India
- Annual Revenue₹2.45 Cr
FY 2016 · +1389% YoY
- Net Loss-₹53.2 Lakh
FY 2016 · -22% margin
- EBITDA-₹52 Lakh
FY 2016 · -21% margin
- InvestorsACP Ven
& 1 more
Associated legal entities of Freshmonk
Freshmonk operates through 91 Design Labs Private Limited (strike off). Its filings, financials, charges and directors are on the company page.
| Legal entity | Status | Incorporated | Registered in | Revenue (FY 2016) | Employees | Directors | Company page |
|---|---|---|---|---|---|---|---|
| 91 Design Labs Private Limited CIN U74900DL2014PTC263416 | Strike Off | 10 Jan 2014 | New Delhi, Delhi | ₹2.5 Cr | 2 | View details |
Funding Insights of Freshmonk
- Total Rounds 1
- Investors Count 2
All 1 funding rounds of Freshmonk 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 |
|---|---|---|---|---|---|
| Jan 2015 | Series A | – | – |
2 investors in total: 1 institutional and 1 angel.
Investors in Freshmonk
Freshmonk has secured backing from 2 investors, including venture fund and angel investors. Prominent investors backing the company include ACP Ven and Michael Robert Blakey.
| Investor | Description | Founded Year | Domain | Location |
|---|---|---|---|---|
Seed & early stage tech-focused VC firm investing primarily in Singapore and the US | acpven.com | Singapore, Singapore | ||
MR Michael Robert Blakey | unknown_d4df8f9aa1734cca8 |
Investor details for Freshmonk
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.
Board of directors of 91 Design Labs Private Limited (Freshmonk)
91 Design Labs Private Limited is the primary company behind Freshmonk. The board of 91 Design Labs Private Limited currently have 2 directors; the longest-serving is Pradeesh Lal, appointed in 2016. 2 earlier directors have ceased.
| Director | Designation | Appointed | Tenure | Entity |
|---|---|---|---|---|
| Pradeesh Lal DIN 07551953 | Additional Director | 28 Jun 2016 | 10 yrs 3 mo | 91 Design Labs Private Limited |
| Rahul Thayyalamkandy DIN 07552014 | Director | 28 Jun 2016 | 10 yrs 3 mo | 91 Design Labs Private Limited |
People of Freshmonk
2 people are tracked at Freshmonk (2 in leadership).
| Name | Role | Group |
|---|---|---|
| Co-Founder | Leadership | |
| Founder | Leadership |
Complete people profiles for Freshmonk
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 Freshmonk
Figures of 91 Design Labs Private Limited, the primary company behind Freshmonk, for FY 2016. Revenue was ₹2.45 Cr (+1389% year on year). Net loss was -₹53.2 Lakh (-22% margin). EBITDA was -₹52 Lakh (-21% margin).
- ₹2.45 CrRevenue · FY 2016 · +1389% YoY
- -₹53.2 LakhNet loss · -22% margin
- -₹52 LakhEBITDA · -21% margin
- ₹65 LakhPaid-up capital
Balance sheet, profit and loss, cash flow and ratios of 91 Design Labs Private Limited are on its company page.
Detailed financial statements for Freshmonk
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.
Timeline of Freshmonk
2 dated milestones of Freshmonk across 1 years, from founding to its latest funding, stage changes and deals.
- Founded Freshmonk is founded.
- Funding First funding round.
Competitors of Freshmonk
Freshmonk has 3 listed competitors in our database, 3 of them funded. They include Impact Guru, Milaap and Nobero.
| Company Name | Domain | Founded | HQ Location | Total funding | Employees | Description |
|---|---|---|---|---|---|---|
| impactguru.com | 2014 | Mumbai, India | $19.67M | 800 | Donation-based crowdfunding platform is provided online for various causes. | |
| milaap.org | 2010 | Bengaluru, India | $1.28M | 37 | Funds are raised through crowdfunding for personal and social causes. | |
| nobero.com | 2014 | Hyderabad, India | $300,000 | 64 | Internet first brand offering apparel for women and men |
Detailed competitors of Freshmonk
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.
Top companies in Fashion & Lifestyle E-Commerce
3 companies that operate in the same segment as Freshmonk (Fashion & Lifestyle E-Commerce) 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 | |
Fashion and lifestyle products are offered via an online marketplace. | 2007 | Bengaluru, Karnataka, India | USD 123.71 M | USD 542.17 M | 1,108 | |
Gold and silver jewellery, lab-grown diamonds, and accessories are retailed. | 2019 | Bengaluru, Karnataka, India | USD 142.34 M | USD 32.66 M | 711 |
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Frequently Asked Questions about Freshmonk
Freshmonk was founded in 2014 and raised its 1st funding round 1 year after it was founded.
Freshmonk is headquartered in Noida, India. It is registered at Noida, Uttar Pradesh, India.
The primary company behind Freshmonk, 91 Design Labs Private Limited, reported revenue of ₹2.45 Cr for FY 2016, up 1389% year on year.
Freshmonk, based in Noida, focuses on operating online marketplaces, fashion and apparel, custom clothing, and design platforms. Provides an online platform for designing and selling custom apparel. The company prioritizes operational excellence, innovation, and customer-centric approaches for success. It continues to evolve, meeting industry challenges with strategic approaches.
Freshmonk's top competitors include Impact Guru, Nobero and Milaap.
Freshmonk has 2 investors. Key investors include ACP Ven, and Michael Robert Blakey.
Freshmonk operates through 91 Design Labs Private Limited.
The legal entities of Freshmonk currently have 2 directors, including Pradeesh Lal, Rahul Thayyalamkandy.