About Genesis Colors
Genesis Colors is a Retail company based in Gurugram (India) founded in 1998 by Sanjay Kapoor, and was acquired by Reliance Retail in September 2018. Retailer of apparel fashion products. Genesis Colors has raised $68.58 million across 8 funding rounds from investors including SVB, Reliance Retail and Saama Capital. The company has 99 employees. Genesis Colors was last valued at $107.42 million in March 2017. Its Indian entity Genesis Colors Limited reported revenue of ₹38.99 Cr. Its focus areas include Consumer Goods, Retail Chains, Fashion and Horizontal.
Company details
Genesis Colors is the holding company of fashion brands Satya Paul and Bwitch. Satya Paul is a designer saree brand and Bwitch is a luxury innerwear brand. Genesis Luxury, a subsidiary of Genesis Colors is exclusive Indian distribution and marketing partners for Paul Smith, Bottega Veneta, Jimmy Choo, Armani, Furla, Tumi, Crabtree Evelyn and Michael Kors. As of August 2015, these brands are distributed out of 120 mono-brand boutiques, multi-brand stores and shop-in-shops across 20 major Indian cities run by Genesis Group companies and their franchisees. Key people - Sanjay Kapoor, MD of Genesis Luxury; Jyoti Mohan Narula, MD of Genesis Colors.
- Headquarters Gurugram, India
- Employees 99
- Founders Sanjay Kapoor
- Stage Acquired
- SectorsRetail
- Website genesiscolors.com
- Social LinkedIn
- Acquired by Reliance Retail (Sep 2018)
- Legal Name Genesis Colors Limited
- Date of Incorporation 23 Nov, 1998
- Jurisdiction Mumbai, Maharashtra, India
- Annual Revenue₹38.99 Cr
FY 2024 · -12% YoY
- Net Profit₹22.97 Cr
FY 2024 · 59% margin
- EBITDA₹3.20 Cr
FY 2024 · 8% margin
- Total Equity Funding$68.58M (USD)
in 8 rounds
- Latest Funding Round$7.56M (USD), Series B
Jul 2018
- InvestorsSVB
& 20 more
- Employee Count99
- Acquired byReliance Retail
(Sep 2018)
Associated legal entities of Genesis Colors
Genesis Colors operates through Genesis Colors Limited (amalgamated). Its filings, financials, charges and directors are on the company page.
| Legal entity | Status | Incorporated | Registered in | Revenue (FY 2024) | Employees | Directors | Company page |
|---|---|---|---|---|---|---|---|
| Genesis Colors Limited CIN U51311MH1998PLC335921 | Amalgamated | 23 Nov 1998 | Mumbai, Maharashtra | ₹39.0 Cr | 99 | 10 | View details |
Funding Insights of Genesis Colors
Genesis Colors has successfully raised a total of $68.58M across 8 strategic funding rounds. The most recent funding activity was a Series B round of $7.56 million completed in July 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.
- Total Funding $68.58M
- Total Rounds 8
- Last Round Series B — $7.56M
- First Round $842,198
(Oct 2005)
- Investors Count 21
All 8 funding rounds of Genesis Colors 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 |
|---|---|---|---|---|---|
| Jul 2018 | $7.56M | Series B | – | Reliance Retail | – |
| Mar 2017 | $4.49M | Series B | $107.42M | Sequoia Capital, Atul Singh | |
| Sep 2016 | $1.98M | Series B | $169.4M | Brand Capital | – |
| Jun 2013 | $6.23M | Series B | $••••• | Sequoia Capital | |
| Oct 2009 | $17.04M | Series B | $••••• | HEP Mauritius | – |
| Jun 2008 | $25.67M | Series B | $••••• | Sequoia Capital | |
| Dec 2006 | $5.62M | Series A | $••••• | JM Financial Private Equity | – |
| Oct 2005 | $842,198 | Unspecified | $••••• | Kulbhushan Loond |
| Date | Valuation | Stage |
|---|---|---|
| Mar 2017 | $107.42M | •••••••• |
| Sep 2016 | $169.4M | •••••••• |
| Jun 2013 | $••••• | •••••••• |
| Oct 2009 | $••••• | •••••••• |
| Jun 2008 | $••••• | •••••••• |
| Dec 2006 | $••••• | •••••••• |
| Oct 2005 | $••••• | •••••••• |
Full valuation and stage history of Genesis Colors
Every valuation point, the growth-stage changes (minicorn, soonicorn, unicorn) and the dates behind them require an active premium plan.
- All valuation points
- Stage changes
- Dates
- Exports
Verified entity values are shown only after access is granted.
Last known valuation $107.42M (Mar 2017). 21 investors in total: 9 institutional and 12 angel.
Investors in Genesis Colors
Genesis Colors has secured backing from 21 investors, including institutional, venture fund, and angel investors. Prominent investors backing the company include SVB, Reliance Retail and Saama Capital.
| Investor | Description | Founded Year | Domain | Location |
|---|---|---|---|---|
Sequoia Capital is engaged in venture capital investments. | 1972 | sequoiacap.com | ||
Investments in early-stage startups are made by Brand Capital. | brandcapital.co.in | Mumbai, India | ||
Mayfield is focused on AI innovation and venture capital investments. | mayfield.com | Menlo Park, United States | ||
Venture capital investments and partnerships in diverse sectors. | 2012 | saama.vc | Bengaluru, India | |
Private equity fund investing in multiple sectors | hepmauritius.tcc.mode | Port Louis, Mauritius | ||
Growth-equity focused private firm investing in SMEs | 2006 | jmfpe.com | Mumbai, India | |
Retail chain offering diversified products | 2006 | relianceretail.com | Mumbai, India | |
Banking services are provided to innovative companies, investors, and individuals. | 1983 | svb.com | Santa Clara, United States | |
| prasadagents.tcc.mode | ||||
AS Atul Singh | unknown_44a213f4deba4b06a |
Investor details for Genesis Colors
The complete investor list, round-by-round participation and investor portfolios require an active premium plan.
- Complete investor list
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Board of directors of Genesis Colors Limited (Genesis Colors)
Genesis Colors Limited is the primary company behind Genesis Colors. The board of Genesis Colors Limited currently have 6 directors; the longest-serving is Venkataraman Ramachandran, appointed in 2018. 33 earlier directors have ceased.
| Director | Designation | Appointed | Tenure | Entity |
|---|---|---|---|---|
| Venkataraman Ramachandran DIN 02032853 | Director | 22 Sep 2018 | 8 yrs 1 mo | Genesis Colors Limited |
| Samirbhai Rameshbhai Sheth DIN 01285752 | Director | 16 Oct 2021 | 5 yrs | Genesis Colors Limited |
| Sourabh Gupta DIN 07732927 | CFO | 16 Apr 2024 | 2 yrs 6 mo | Genesis Colors Limited |
| Ravichandran Nageswaran DIN 00013321 | Additional Director | 08 Oct 2024 | 2 yrs | Genesis Colors Limited |
| Sumeet Yadav DIN 07221267 | Additional Director | 10 Jan 2025 | 1 yr 9 mo | Genesis Colors Limited |
| Prateek Mathur DIN 07144296 | Additional Director | 10 Jan 2025 | 1 yr 9 mo | Genesis Colors Limited |
People of Genesis Colors
1 people are tracked at Genesis Colors (1 in leadership); the tracked headcount is 99.
| Name | Role | Group |
|---|---|---|
| Co-Founder | Leadership |
Complete people profiles for Genesis Colors
Full employee and board profiles, team structure, tenure and professional contact details require an active premium plan.
- Full employee list
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Verified entity values are shown only after access is granted.
Financials of Genesis Colors
Figures of Genesis Colors Limited, the primary company behind Genesis Colors, for FY 2024. Revenue was ₹38.99 Cr (-12% year on year). Net profit was ₹22.97 Cr (59% margin). EBITDA was ₹3.20 Cr (8% margin). Revenue has grown at a compounded annual rate of +15% over three years and -29% over five years.
- ₹38.99 CrRevenue · FY 2024 · -12% YoY
- ₹22.97 CrNet profit · 59% margin
- ₹3.20 CrEBITDA · 8% margin
- ₹12.57 CrPaid-up capital
- 99Employees (provident fund records)
- +15%Revenue CAGR, 3 years
- -29%Revenue CAGR, 5 years
Balance sheet, profit and loss, cash flow and ratios of Genesis Colors Limited are on its company page.
Detailed financial statements for Genesis Colors
Statement rows, ratios, five-year trends and downloadable financials of the group companies require an active premium plan.
- Statement rows
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- Downloads
Verified entity values are shown only after access is granted.
Timeline of Genesis Colors
6 dated milestones of Genesis Colors across 20 years, from founding to its latest funding, stage changes and deals.
- Founded Genesis Colors is founded.
- Funding First funding round of $842K.
- Milestone Reaches Minicorn status.
- Milestone Reaches Decacorn status.
- Funding Latest funding round, Series B, of $7.6M.
- Exit Acquired by Reliance Retail.
Web traffic of Genesis Colors
Websites that share an audience with Genesis Colors (genesiscolors.com).
Websites whose visitors overlap most with Genesis Colors. Affinity shows how closely the audiences match.
| Website | Domain | Audience affinity | Monthly visits | Global rank | Profile |
|---|---|---|---|---|---|
indianhotjobs.com | indianhotjobs.com | 100% | – | ||
genesis.iitm.ac.in | genesis.iitm.ac.in | 48% | – | ||
| fibre2fashion.com | 33% | 238.4K | #239,745 | View details | |
indiaprwire.com | indiaprwire.com | 32% | – | ||
genesisartistcolors.com | genesisartistcolors.com | 26% | – |
Top companies in Retail Stores & Chains
2 companies that operate in the same segment as Genesis Colors (Retail Stores & Chains) in India, ranked by their profile score on The Company Check.
| Company | Description | Founded | Location | Total funding | Revenue | Employees |
|---|---|---|---|---|---|---|
Online platform offering a wide range of baby, kids, and maternity products | 2010 | Pune, Maharashtra, India | USD 513.39 M | USD 911.07 M | 3,752 | |
Multi-format offline retail is operated in India. | 1997 | Mumbai, Maharashtra, India | USD 3.41 B | USD 280.87 K | 32 |
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Related news about Genesis Colors
Complete news archive for Genesis Colors
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Frequently Asked Questions about Genesis Colors
Genesis Colors was founded in 1998 and raised its 1st funding round 7 years after it was founded.
Genesis Colors is headquartered in Gurugram, India. It is registered at Gurugram, Haryana, India.
Genesis Colors is a funded company, having raised a total of $68.58M across 8 funding rounds to date. The company's 1st funding round was a Unspecified of $842.2K, raised on Oct 2005.
Genesis Colors has 99 employees.
The primary company behind Genesis Colors, Genesis Colors Limited, reported revenue of ₹38.99 Cr for FY 2024, down 12% year on year.
Genesis Colors is the holding company of fashion brands Satya Paul and Bwitch. Satya Paul is a designer saree brand and Bwitch is a luxury innerwear brand. Genesis Luxury, a subsidiary of Genesis Colors is exclusive Indian distribution and marketing partners for Paul Smith, Bottega Veneta, Jimmy Choo, Armani, Furla, Tumi, Crabtree Evelyn and Michael Kors. As of August 2015, these brands are distributed out of 120 mono-brand boutiques, multi-brand stores and shop-in-shops across 20 major Indian cities run by Genesis Group companies and their franchisees. Key people - Sanjay Kapoor, MD of Genesis Luxury; Jyoti Mohan Narula, MD of Genesis Colors.
Genesis Colors has 21 investors. Key investors include SVB, Reliance Retail, Saama Capital, JM Financial Private Equity, and Sequoia Capital.
The valuation of Genesis Colors is $107.42M as of Mar 2017.
Genesis Colors operates through Genesis Colors Limited.
Yes. Genesis Colors was acquired by Reliance Retail in September 2018.
The legal entities of Genesis Colors currently have 9 directors, including Sourabh Gupta, Sumeet Yadav, Ravindra Bhalchandra Patel and others.