About Fynd
Fynd is a company based in Mumbai (India) founded in 2012 by Farooq Adam and Sreeraman Mohan Girija was acquired by Reliance Industries in August 2019. Fynd has raised $16.02 million across 5 funding rounds from investors including Google, IIFL Finance and FundersClub. The company has 851 employees as of April 03, 2024. Fynd operates in a competitive market with competitors including Flipkart, Myntra, Snapdeal, Etsy and Nykaa, among others.
- Headquarter Mumbai, India
- Employees 851 as on 03 Apr, 2024
- Founders Farooq Adam, Sreeraman Mohan Girija
- Stage Minicorn
-
Sectors
Retail
-
Email
Locked
-
Phone
Locked
-
Website
Locked
-
Social
Locked
- Legal Name Shopsense Retail Technologies Limited
- Date of Incorporation 27 Sep, 2012
- Jurisdiction Mumbai, Maharashtra, India
-
Annual Revenue
$43.86 M (USD)200.1as on Mar 31, 2023
-
Net Profit
$305.39 K (USD)1072.62as on Mar 31, 2023
-
EBITDA
$822 K (USD)2273as on Mar 31, 2023
-
Total Equity Funding
$16.02 M (USD)
in 5 rounds
-
Latest Funding Round
$9.13 M (USD), Series C
Mar 29, 2018
-
Investors
Google
& 85 more
-
Employee Count
851
as on Apr 03, 2024
-
Acquired by
Reliance Industries
(Aug 02, 2019)
Unlock complete access to The Company Check
Get unrestricted viewing across everything we track — from companies and brands to investors, funding rounds, acquisitions, financials, and more.
- Unlimited viewing on all profiles Companies, investors, financials, funding, acquisitions & directors
- Full access to every database India & global coverage, advanced filters and rich profile details
- Always-on access from your team account Single premium plan for everything you see on the portal
Funding Insights of Fynd
Fynd has successfully raised a total of $16.02M across 5 strategic funding rounds. The most recent funding activity was a Series C round of $9.13 million completed in March 2018. 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.
Investors in Fynd
Fynd has secured backing from 86 investors, including venture fund, institutional, and angel investors. Prominent investors backing the company include Google, IIFL Finance and FundersClub.
| Investor | Description | Founded Year | Domain | Location |
|---|---|---|---|---|
|
Early-stage investing in tech startups in India.
|
Locked | Locked | Locked | |
|
Early-stage investment and support for technology companies.
|
Locked | Locked | Locked | |
|
Seed & early stage focused VC firm investing in the US, India & China
|
Locked | Locked | Locked |
Investor details for Fynd
Investor domains, locations, round participation, and complete history require an active premium plan.
- Investor domains
- Investor locations
- Funding rounds
- Participation history
Verified entity values are shown only after access is granted.
Investments & Acquisitions by Fynd
Investment portfolio details for Fynd
Portfolio company identities, transaction dates, round details, and investment values require an active premium plan.
- Portfolio identities
- Transaction dates
- Round details
- Investment values
Verified entity values are shown only after access is granted.
Financial Statements - Fynd
Detailed financials for Fynd
Historical revenue, profit, statement rows, ratios, and trend charts require an active premium plan.
- Historical revenue
- Profit trends
- Statement rows
- Financial ratios
Verified entity values are shown only after access is granted.
Fynd Comparisons
Peer comparison for Fynd
Named peer metrics, headcount, funding, location, and side-by-side benchmarks require an active premium plan.
- Named peers
- Headcount comparison
- Funding comparison
- Operating benchmarks
Verified entity values are shown only after access is granted.
Competitors of Fynd
Fynd 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 Flipkart, Myntra, Snapdeal, Etsy and Nykaa, among others.
| Company Name | Domain | Founded year | HQ Location | Description |
|---|---|---|---|---|
| Locked | Locked | Locked |
Multi-category consumer products are offered via an online marketplace platform.
|
|
| Locked | Locked | Locked |
Fashion and lifestyle products are offered via an online marketplace.
|
|
| Locked | Locked | Locked |
Discounted products across multiple categories are sold online.
|
|
| Locked | Locked | Locked |
Online marketplace offering multi-category products from independent designers
|
|
| Locked | Locked | Locked |
Cosmetics, skincare, haircare, and wellness products are retailed online.
|
|
| Locked | Locked | Locked |
Multi-category products are offered through an online marketplace.
|
Detailed competitors of Fynd
Competitor domains, locations, full profiles, and operating metrics require an active premium plan.
- Domains and locations
- Full company profiles
- Operating metrics
- Competitive positioning
Verified entity values are shown only after access is granted.
Latest news on Fynd
Complete news archive for Fynd
Full article history, source details, and older brand coverage require an active premium plan.
- Full article archive
- Source and publication date
- Older coverage
- Brand-specific news history
Verified entity values are shown only after access is granted.
Frequently Asked Questions about Fynd
Fynd was founded in 2012 and raised its 1st funding round 1 year after it was founded.
Fynd is headquartered in Mumbai, India. It is registered at Mumbai, Maharashtra, India.
Fynd is a funded company, having raised a total of $16.02M across 5 funding rounds to date.
As of Apr 03, 2024, the latest employee count at Fynd is 851.
Annual revenue of Fynd is $43.86M as on Mar 31, 2023.
Platform powering online and in-store retail operations using AI-driven tools. It enables brands to build and manage ecommerce sites, mobile apps, and physical store experiences from a single interface. The platform supports catalog management, personalized marketing, order fulfillment, logistics, analytics, and immersive features like AR try-ons.
Fynd has 86 investors. Key investors include Google, IIFL Finance, FundersClub, Venture Catalysts, and Kae Capital.
The valuation of Fynd is $38.43M as of Mar 2018.