About Genesis Luxury
Genesis Luxury is a Retail company based in Gurugram (India) founded in 2008, and was acquired by Reliance Industries in June 2018. International luxury brand franchises are managed from India. Genesis Luxury has raised $30.5 million across 2 funding rounds from investors including Reliance Industries and L Catterton. The company has 735 employees. Its Indian entity Reliance Brands Luxury Fashion Private Limited reported revenue of ₹323 Cr. Its focus areas include Consumer Goods, Retail Chains, Fashion and Horizontal.
Company details
Genesis Luxury was established in 2008 in Gurugram, India, as a franchisee for international luxury brands. Operations focus on the luxury retail sector, where franchises are acquired and managed to distribute high-end products. Services include brand representation, store operations, and market expansion, primarily in the Indian market with international oversight. The company is headquartered in Gurugram, supporting franchise activities across select regions.
- Headquarters Gurugram, India
- Employees 735
- Stage Acquired
- SectorsRetail
- Phone•••• ••••
- Website genesisluxury.com
- Social LinkedIn X
- Acquired by Reliance Industries (Jun 2018)
- Legal Name Reliance Brands Luxury Fashion Private Limited
- Date of Incorporation 20 Sep, 2007
- Jurisdiction Mumbai, Maharashtra, India
- Annual Revenue₹323 Cr
FY 2024 · +3% YoY
- Net Profit₹16.58 Cr
FY 2024 · 5% margin
- EBITDA₹58.80 Cr
FY 2024 · 18% margin
- Total Equity Funding$30.5M (USD)
in 2 rounds
- Latest Funding Round$14M (USD), Series B
Oct 2012
- InvestorsReliance Industries
& 1 more
- Employee Count735
- Acquired byReliance Industries
(Jun 2018)
Associated legal entities of Genesis Luxury
Genesis Luxury operates through Reliance Brands Luxury Fashion Private 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 |
|---|---|---|---|---|---|---|---|
| Reliance Brands Luxury Fashion Private Limited CIN U74994MH2007PTC335798 | Amalgamated | 20 Sep 2007 | Mumbai, Maharashtra | ₹323 Cr | 252 | 12 | View details |
Funding Insights of Genesis Luxury
Genesis Luxury has successfully raised a total of $30.5M across 2 strategic funding rounds. The most recent funding activity was a Series B round of $14 million completed in October 2012. 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 $30.5M
- Total Rounds 2
- Last Round Series B — $14M
- First Round $16.5M
(Jun 2011)
- Investors Count 1
All 2 funding rounds of Genesis Luxury 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 |
|---|---|---|---|---|---|
| Oct 2012 | $14M | Series B | – | – | |
| Jun 2011 | $16.5M | Series B | – | – |
2 investors in total: 2 institutional.
Investors in Genesis Luxury
Genesis Luxury has secured backing from 2 investors, including venture fund and institutional investors. Prominent investors backing the company include Reliance Industries and L Catterton.
| Investor | Description | Founded Year | Domain | Location |
|---|---|---|---|---|
L Catterton is recognized as a leading consumer-focused private equity group. | lcatterton.com | Greenwich, United States | ||
Diversified conglomerate operating across multiple industries | 1958 | ril.com | Mumbai, India |
Investor details for Genesis Luxury
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Board of directors of Reliance Brands Luxury Fashion Private Limited (Genesis Luxury)
Reliance Brands Luxury Fashion Private Limited is the primary company behind Genesis Luxury. The board of Reliance Brands Luxury Fashion Private Limited currently have 9 directors; the longest-serving is Venkataraman Ramachandran, appointed in 2017. 30 earlier directors have ceased.
| Director | Designation | Appointed | Tenure | Entity |
|---|---|---|---|---|
| Venkataraman Ramachandran DIN 02032853 | Director | 04 Oct 2017 | 9 yrs | Reliance Brands Luxury Fashion Private Limited |
| Venkatachalam Subramaniam DIN 00009621 | Director | 22 Sep 2018 | 8 yrs 1 mo | Reliance Brands Luxury Fashion Private Limited |
| Samirbhai Rameshbhai Sheth DIN 01285752 | Director | 22 Apr 2020 | 6 yrs 6 mo | Reliance Brands Luxury Fashion Private Limited |
| Hetal Jignesh Rathod DIN 00010711 | Director | 30 Jun 2023 | 3 yrs 4 mo | Reliance Brands Luxury Fashion Private Limited |
| Thriveni Shetty DIN 07847098 | Company Secretary | 19 Apr 2024 | 2 yrs 6 mo | Reliance Brands Luxury Fashion Private Limited |
| Ravichandran Nageswaran DIN 00013321 | Additional Director | 08 Oct 2024 | 2 yrs | Reliance Brands Luxury Fashion Private Limited |
| Prateek Mathur DIN 07144296 | Additional Director | 13 Jan 2025 | 1 yr 9 mo | Reliance Brands Luxury Fashion Private Limited |
| Bhakti Manoj Modi DIN 07578646 | Additional Director | 13 Jan 2025 | 1 yr 9 mo | Reliance Brands Luxury Fashion Private Limited |
| Puneet Yogendra Behal DIN 05235737 | CEO | 14 Apr 2025 | 1 yr 6 mo | Reliance Brands Luxury Fashion Private Limited |
Financials of Genesis Luxury
Figures of Reliance Brands Luxury Fashion Private Limited, the primary company behind Genesis Luxury, for FY 2024. Revenue was ₹323 Cr (+3% year on year). Net profit was ₹16.58 Cr (5% margin). EBITDA was ₹58.80 Cr (18% margin). Revenue has grown at a compounded annual rate of +32% over three years and +14% over five years.
- ₹323 CrRevenue · FY 2024 · +3% YoY
- ₹16.58 CrNet profit · 5% margin
- ₹58.80 CrEBITDA · 18% margin
- ₹17.50 CrPaid-up capital
- 252Employees (provident fund records)
- +32%Revenue CAGR, 3 years
- +14%Revenue CAGR, 5 years
Balance sheet, profit and loss, cash flow and ratios of Reliance Brands Luxury Fashion Private Limited are on its company page.
Detailed financial statements for Genesis Luxury
Statement rows, ratios, five-year trends and downloadable financials of the group companies require an active premium plan.
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Timeline of Genesis Luxury
4 dated milestones of Genesis Luxury across 10 years, from founding to its latest funding, stage changes and deals.
- Founded Genesis Luxury is founded.
- Funding First funding round of $16.5M.
- Funding Latest funding round, Series B, of $14.0M.
- Exit Acquired by Reliance Industries.
Web traffic of Genesis Luxury
Websites that share an audience with Genesis Luxury (genesisluxury.com).
Websites whose visitors overlap most with Genesis Luxury. Affinity shows how closely the audiences match.
| Website | Domain | Audience affinity | Monthly visits | Global rank | Profile |
|---|---|---|---|---|---|
| canali.com | 100% | #158,939 | View details | ||
| jaspalgroup.com | 82% | #774,773 | View details | ||
jadecouture.com | jadecouture.com | 81% | – | ||
fusionretailbrands.com.au | fusionretailbrands.com.au | 42% | – |
Top companies in Retail Stores & Chains
2 companies that operate in the same segment as Genesis Luxury (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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Frequently Asked Questions about Genesis Luxury
Genesis Luxury was founded in 2008 and raised its 1st funding round 3 years after it was founded.
Genesis Luxury is headquartered in Gurugram, India. It is registered at Gurugram, Haryana, India.
Genesis Luxury is a funded company, having raised a total of $30.5M across 2 funding rounds to date. The company's 1st funding round was a Series B of $16.5M, raised on Jun 2011.
Genesis Luxury has 735 employees.
The primary company behind Genesis Luxury, Reliance Brands Luxury Fashion Private Limited, reported revenue of ₹323 Cr for FY 2024, up 3% year on year.
Genesis Luxury was established in 2008 in Gurugram, India, as a franchisee for international luxury brands. Operations focus on the luxury retail sector, where franchises are acquired and managed to distribute high-end products. Services include brand representation, store operations, and market expansion, primarily in the Indian market with international oversight. The company is headquartered in Gurugram, supporting franchise activities across select regions.
Genesis Luxury has 2 investors. Key investors include Reliance Industries, and L Catterton.
Genesis Luxury operates through Reliance Brands Luxury Fashion Private Limited.
Yes. Genesis Luxury was acquired by Reliance Industries in June 2018.
The legal entities of Genesis Luxury currently have 10 directors, including Hetal Jignesh Rathod, Venkatachalam Subramaniam, Venkataraman Ramachandran and others.