Funkfeets

Kanpur, India Founded: 2017 • Age: 9 yrs
Internet first brand offering footwear for women and men

About Funkfeets

Funkfeets is a Retail company based in Kanpur (India) founded in 2017. Internet first brand offering footwear for women and men. Funkfeets has raised $113.07 thousand across 2 funding rounds from investors including Dhianu Das, Abhishek Kochhar and Chinmay Ananda. Funkfeets was last valued at $463.91 thousand in July 2021. Its Indian entity Funkfeets Private Limited reported revenue of β‚Ή7.4 Lakh. Funkfeets offers products and services including AI Based Sneakers, Bamboo Unisex Socks, Chill Pill Unisex Sneakers, Chunky High Heeled Sneakers, and Daisyella Dress. Its focus areas include Consumer, Fashion Tech, B2C Commerce and Footwear. Its competitors include RapidBox, Comet and Neeman's; 3 of its 3 listed competitors have raised funding.

Company details

Funkfeets was established in 2017 in Kanpur, India, as an internet-first brand in the footwear sector. Products are provided exclusively through online channels to customers seeking options for women and men. Operations are centered on e-commerce distribution, with a focus on accessible apparel in the consumer goods industry. The company maintains its headquarters in India, serving regional and potentially broader markets via its digital platform.

  • Headquarters Kanpur, India
  • Sectors
    Retail
  • Email
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  • Phone
    β€’β€’β€’β€’ β€’β€’β€’β€’
  • Website funkfeets.com
  • Social LinkedIn Facebook Instagram
  • Legal Name Funkfeets Private Limited
  • Date of Incorporation 05 Jul, 2017
  • Jurisdiction Kanpur, Uttar Pradesh, India
Key Metrics
  • Annual Revenue
    ₹7.4 Lakh

    FY 2024 · -56% YoY

  • Net Loss
    -₹10.3 Lakh

    FY 2024 · -139% margin

  • EBITDA
    -₹10.3 Lakh

    FY 2024 · -138% margin

  • Total Equity Funding
    $113.07K (USD)

    in 2 rounds

  • Latest Funding Round
    $100.82K (USD), Seed

    Jul 2021

  • Investors
    GSV

    & 20 more

Products & Services of Funkfeets

Funkfeets offers a comprehensive portfolio of products and services, including AI Based Sneakers, Bamboo Unisex Socks, Chill Pill Unisex Sneakers, Chunky High Heeled Sneakers, and Daisyella Dress.

AI Based Sneakers
Footwear

Quirky sneakers designed with AI for unique and comfortable styles.

Bamboo Unisex Socks
Accessories

Eco-friendly socks made from bamboo fiber for breathable wear.

Chill Pill Unisex Sneakers
Footwear

Casual sneakers offering comfort and durability for everyday use.

Chunky High Heeled Sneakers
Footwear

Stylish high-heeled sneakers designed for women with enhanced support.

Daisyella Dress
Apparel

Comfortable cotton dress for modern everyday fashion needs.

Funding Insights of Funkfeets

Funkfeets has successfully raised a total of $113.07K across 2 strategic funding rounds. The most recent funding activity was a Seed round of $100.82 thousand completed in July 2021. 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 $113,073
  • Total Rounds 2
  • Last Round Seed β€” $100,824
  • First Round $12,249

    (Sep 2020)

  • Investors Count 21

All 2 funding rounds of Funkfeets with amounts and investors; the two latest post-money valuations are shown, the rest are part of the premium plan.

DateAmountTransaction NameValuationLead InvestorsInvestors
Jul 2021$100,824Seed$463,907Dhianu Das, Amit Kumar Singh
Sep 2020$12,249Seed$356,689–
Valuation history

Last known valuation $463,907 (Jul 2021). 21 investors in total: 1 institutional and 20 angel.

Investors in Funkfeets

Funkfeets has secured backing from 21 investors, including angel and venture fund investors. Prominent investors backing the company include Dhianu Das, Abhishek Kochhar and Chinmay Ananda.

All
Venture Fund
Angel
InvestorDescriptionFounded YearDomainLocation
Venture capital firm focused on early-stage companies
gauravsinghviventures.comSurat, India

Dhianu Das

Angel investor, co-founder of Alfa Ventures, focused on early-stage startups
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Abhishek Kochhar

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Chinmay Ananda

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Joy Bhattacharya

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Samiullah Shaik

Angel investor and entrepreneur, focused on tech startups in India.
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Pranay Mathur

Angel investor and tech entrepreneur, focused on early-stage Indian startups.
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Arun Bhaiya

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Suman

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Anirban Basu

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Investor details for Funkfeets

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Board of directors of Funkfeets Private Limited (Funkfeets)

Funkfeets Private Limited is the primary company behind Funkfeets. The board of Funkfeets Private Limited currently have 2 directors; the longest-serving is Sanat Shrivastava, appointed in 2017. 2 earlier directors have ceased.

DirectorDesignationAppointedTenureEntity
Sanat Shrivastava
DIN 07857347
Director05 Jul 20179 yrs 4 moFunkfeets Private Limited
Neeta Shrivastava
DIN 09723771
Additional Director05 Sep 20224 yrs 2 moFunkfeets Private Limited

Financials of Funkfeets

Figures of Funkfeets Private Limited, the primary company behind Funkfeets, for FY 2024. Revenue was ₹7.4 Lakh (-56% year on year). Net loss was -₹10.3 Lakh (-139% margin). EBITDA was -₹10.3 Lakh (-138% margin). Revenue has grown at a compounded annual rate of -33% over three years and -21% over five years.

  • ₹7.4 LakhRevenue · FY 2024 · -56% YoY
  • -₹10.3 LakhNet loss · -139% margin
  • -₹10.3 LakhEBITDA · -138% margin
  • ₹1.2 LakhPaid-up capital
  • -33%Revenue CAGR, 3 years
  • -21%Revenue CAGR, 5 years

Balance sheet, profit and loss, cash flow and ratios of Funkfeets Private Limited are on its company page.

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Detailed financial statements for Funkfeets

Statement rows, ratios, five-year trends and downloadable financials of the group companies require an active premium plan.

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Timeline of Funkfeets

3 dated milestones of Funkfeets across 4 years, from founding to its latest funding, stage changes and deals.

  1. Founded Funkfeets is founded.
  2. Funding First funding round of $12K.
  3. Funding Latest funding round, Seed, of $101K.

Competitors of Funkfeets

Funkfeets has 3 listed competitors in our database, 3 of them funded. They include RapidBox, Comet and Neeman's.

Company NameDomainFoundedHQ LocationTotal fundingEmployeesDescription
rapidbox.in2019Bengaluru, India$9.49M1
Multi-category fashion products and sneakers are sold online.
wearcomet.com2023Bengaluru, India$6.57M68
Unisex lifestyle sneakers are designed and sold online by Comet.
neemans.com2017Hyderabad, India$18.67M167
Eco-friendly footwear is provided online by Neeman's.
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Detailed competitors of Funkfeets

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Top companies in Fashion & Lifestyle E-Commerce

3 companies that operate in the same segment as Funkfeets (Fashion & Lifestyle E-Commerce) in India, ranked by their profile score on The Company Check.

CompanyDescriptionFoundedLocationTotal fundingRevenueEmployees
Eyewear is offered online for men, women, and kids.
2010Gurugram, Haryana, IndiaUSD 1.04 BUSD 939.4 M18,984
Fashion and lifestyle products are offered via an online marketplace.
2007Bengaluru, Karnataka, IndiaUSD 123.71 MUSD 639.15 M1,031
Gold and silver jewellery, lab-grown diamonds, and accessories are retailed.
2019Bengaluru, Karnataka, IndiaUSD 144.58 MUSD 32.66 M711
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Related news about Funkfeets

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Frequently Asked Questions about Funkfeets

Funkfeets was founded in 2017 and raised its 1st funding round 3 years after it was founded.

Funkfeets is headquartered in Kanpur, India. It is registered at Kanpur, Uttar Pradesh, India.

Funkfeets is a funded company, having raised a total of $113.07K across 2 funding rounds to date. The company's 1st funding round was a Seed of $12.25K, raised on Sep 2020.

The primary company behind Funkfeets, Funkfeets Private Limited, reported revenue of β‚Ή7.4 Lakh for FY 2024, down 56% year on year.

Funkfeets was established in 2017 in Kanpur, India, as an internet-first brand in the footwear sector. Products are provided exclusively through online channels to customers seeking options for women and men. Operations are centered on e-commerce distribution, with a focus on accessible apparel in the consumer goods industry. The company maintains its headquarters in India, serving regional and potentially broader markets via its digital platform.

Funkfeets's top competitors include Comet, Neeman's and RapidBox.

Funkfeets offers AI Based Sneakers, Bamboo Unisex Socks, Chill Pill Unisex Sneakers, Chunky High Heeled Sneakers, and Daisyella Dress.

Funkfeets has 21 investors. Key investors include Dhianu Das, Abhishek Kochhar, Chinmay Ananda, Joy Bhattacharya, and Samiullah Shaik.

The valuation of Funkfeets is $463.91K as of Jul 2021.

Funkfeets operates through Funkfeets Private Limited.

The legal entities of Funkfeets currently have 2 directors, including Sanat Shrivastava, Neeta Shrivastava.

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