Gini & Jony

Mumbai, India Founded: 1980 • Age: 46 yrs Minicorn Acquired By Suditi Industries
A leading kids wear brand established since 1980.

About Gini & Jony

Gini & Jony is a Retail company based in Mumbai (India) founded in 1980 by Prakash Lakhan, Jay Lakhani, and Anil Lakhani, and was acquired by Suditi Industries in November 2024. A leading kids wear brand established since 1980. It operates on a Direct-to-Consumer (D2C) model in Retail and Consumer sectors. Gini & Jony has raised $406.62 thousand across 8 funding rounds from investors including Reliance Capital, Choice and Reliance Industries. The company has 45 employees. Gini & Jony was last valued at $25.65 million in June 2023. Its Indian entity Gini & Jony Limited reported revenue of β‚Ή81.56 Cr. Gini & Jony offers products and services including Kids Wear. Its focus areas include Consumer Goods, Apparel and Children's Clothing. Its competitors include Cub McPaws, INCLUD and Frangipani; 2 of its 3 listed competitors have raised funding.

Company details

Gini Jony is recognized as a prominent brand in childrens apparel since 1980. The company is focused on providing clothing solutions for kids, emphasizing comfort and style. Operations are centered around the design and distribution of kids wear, catering to young customers through an online store. The brand is positioned in the consumer goods sector, specifically targeting the childrens clothing segment.

Key Metrics
  • Annual Revenue
    ₹81.56 Cr

    FY 2023 · +13% YoY

  • Net Profit
    ₹3.91 Cr

    FY 2023 · 5% margin

  • EBITDA
    ₹8.68 Cr

    FY 2023 · 11% margin

  • Total Equity Funding
    $406.62K (USD)

    in 8 rounds

  • Latest Funding Round
    $484.6K (USD), Unspecified

    Jun 2023

  • Investors
  • Employee Count
    45
  • Acquired by

Products & Services of Gini & Jony

Gini & Jony offers a comprehensive portfolio of products and services, including Kids Wear.

Kids Wear
Apparel

Kids clothing is designed for comfort and style daily.

Funding Insights of Gini & Jony

Gini & Jony has successfully raised a total of $406.62K across 8 strategic funding rounds. The most recent funding activity was a Unspecified round of $484.6 thousand completed in June 2023. 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 $406,620
  • Total Rounds 8
  • Last Round Unspecified β€” $484,604
  • Investors Count 54

All 8 funding rounds of Gini Jony with amounts and investors; the two latest post-money valuations are shown, the rest are part of the premium plan.

DateAmountTransaction NameValuationLead InvestorsInvestors
Jun 2023$484,604Unspecified$25.65MCreative Estate
Jul 2019$4.27MUnspecified$33.71MReform Trading
Jun 2017$4.63MUnspecified$β€’β€’β€’β€’β€’Arj Builders
Sep 2016$1.17MUnspecified$β€’β€’β€’β€’β€’Chartered Finance and Leasing
–
Mar 2015$406,620Angel Round$β€’β€’β€’β€’β€’Atul Goel
–
Mar 2014$1.9MUnspecified$β€’β€’β€’β€’β€’Ammol Insurance Consultant
Jun 2012Unspecified–Reliance Capital
–
Jun 2005Unspecified––
Valuation history
DateValuationStage
Jun 2023$25.65Mβ€’β€’β€’β€’β€’β€’β€’β€’
Jul 2019$33.71Mβ€’β€’β€’β€’β€’β€’β€’β€’
Jun 2017$β€’β€’β€’β€’β€’β€’β€’β€’β€’β€’β€’β€’β€’
Sep 2016$β€’β€’β€’β€’β€’β€’β€’β€’β€’β€’β€’β€’β€’
Mar 2015$β€’β€’β€’β€’β€’β€’β€’β€’β€’β€’β€’β€’β€’
Mar 2014$β€’β€’β€’β€’β€’β€’β€’β€’β€’β€’β€’β€’β€’
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Full valuation and stage history of Gini Jony

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Last known valuation $25.65M (Jun 2023). 55 investors in total: 18 institutional and 37 angel.

Investors in Gini & Jony

Gini & Jony has secured backing from 55 investors, including angel, venture fund, and institutional investors. Prominent investors backing the company include Reliance Capital, Choice and Reliance Industries.

All
Venture Fund
Institutional
Angel
InvestorDescriptionFounded YearDomainLocation
Private equity firm focused on multiple sectors
Mumbai, India
Private equity firm focused on multiple sectors
Private equity firm focused on multiple sectors
Mumbai, India
Private equity firm focused on multiple sectors
Mumbai, India
Multiple sectors are invested in by this private equity firm.
Thane, India
Investments in multiple sectors are managed by Arj Builders.
Mumbai, India
Private equity firm focused on multiple sectors
Mumbai, India
Private equity firm focused on multiple sectors
Mumbai, India
Venture capital funding is directed toward edtech sectors.
Kolkata, India
Insurance consulting services are provided across multiple sectors.
Mumbai, India
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Investor details for Gini Jony

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Board of directors of Gini & Jony Limited (Gini & Jony)

Gini & Jony Limited is the primary company behind Gini & Jony. The board of Gini & Jony Limited currently have 3 directors; the longest-serving is Prakash Harichand Lakhani, appointed in 1994. 28 earlier directors have ceased.

DirectorDesignationAppointedTenureEntity
Prakash Harichand Lakhani
DIN 00021761
Managing Director11 Nov 199431 yrs 11 moGini & Jony Limited
Jaikishan Harichand Lakhani
DIN 00021684
Whole-time director11 Nov 199431 yrs 11 moGini & Jony Limited
Manoj Mohan Savant
DIN 09262364
Additional Director04 Apr 20242 yrs 7 moGini & Jony Limited

People of Gini & Jony

15 people are tracked at Gini & Jony (6 in leadership, 9 in team); the tracked headcount is 45.

NameRoleGroup
Prakash Lakhan
Co-Founder & Managing DirectorLeadership
Jay Lakhani
Co-FounderLeadership
Co-Founder & Owner & COOLeadership
Co-Founder & DirectorLeadership
Sanjiv Marwah
Vp-salesLeadership
Soumya Mohapatra.soumya
Vice President - Sales & Zonal Head - East.Leadership
Dhananjay Parkar
Sr System AdministratorTeam
Prabhakar Tiwari
Purchase ManagerTeam
Bhanu Chander
Area Sales ManagerTeam
Suresh Pandey
Area Sales ManagerTeam
Sneha Hublikar
Sr. Executive - Business DevelopmentTeam
Debasish Das
Area Sales ManagerTeam
Ezaz Ansari
Retail Sales ManagerTeam
Kulwinder Singh
Sales AssociateTeam
Ranjeet Pal
Ecommerce ManagerTeam
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Financials of Gini & Jony

Figures of Gini & Jony Limited, the primary company behind Gini & Jony, for FY 2023. Revenue was ₹81.56 Cr (+13% year on year). Net profit was ₹3.91 Cr (5% margin). EBITDA was ₹8.68 Cr (11% margin). Revenue has grown at a compounded annual rate of -19% over three years and -18% over five years.

  • ₹81.56 CrRevenue · FY 2023 · +13% YoY
  • ₹3.91 CrNet profit · 5% margin
  • ₹8.68 CrEBITDA · 11% margin
  • ₹22.55 CrPaid-up capital
  • 45Employees (provident fund records)
  • -19%Revenue CAGR, 3 years
  • -18%Revenue CAGR, 5 years

Balance sheet, profit and loss, cash flow and ratios of Gini & Jony Limited are on its company page.

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Timeline of Gini & Jony

5 dated milestones of Gini & Jony across 44 years, from founding to its latest funding, stage changes and deals.

  1. Founded Gini & Jony is founded.
  2. Funding First funding round.
  3. Milestone Reaches Minicorn status.
  4. Funding Latest funding round, Unspecified, of $485K.
  5. Exit Acquired by Suditi Industries.

Competitors of Gini & Jony

Gini & Jony has 3 listed competitors in our database, 2 of them funded. They include Cub McPaws, INCLUD and Frangipani.

Company NameDomainFoundedHQ LocationTotal fundingEmployeesDescription
cubmcpaws.com2018Mumbai, India$5.41M
Platform offering apparel for kids
includ.com2021Gurugram, India$4.82M31
Internet-first apparel for babies and kids is provided.
frangipani.co.in2012Mumbai, India
Casual wear for kids is offered by an internet-first brand.
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Detailed competitors of Gini Jony

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Web traffic of Gini & Jony

The website of Gini & Jony (giniandjony.com) receives about 6K visits a month.

  • Monthly visits
    6K

    ▲ 134.3% vs previous month

Similar websites

Websites whose visitors overlap most with Gini & Jony. Affinity shows how closely the audiences match.

WebsiteDomainAudience affinityMonthly visitsGlobal rankProfile
yebhi.com
yebhi.com
100%
–
jabong.com
83%
32.6K#1,162,178View details
kikikidswear.com
kikikidswear.com
74%
–
stylestich.com
stylestich.com
74%
–
thredup.com
74%
19.7M#1,853View details
β€’β€’β€’β€’β€’β€’β€’β€’β€’β€’β€’β€’β€’β€’β€’β€’.comβ€’β€’%β€’.β€’M#‒‒‒‒‒–
β€’β€’β€’β€’β€’β€’β€’β€’β€’β€’β€’β€’β€’β€’β€’β€’.comβ€’β€’%β€’.β€’M#‒‒‒‒‒–
β€’β€’β€’β€’β€’β€’β€’β€’β€’β€’β€’β€’β€’β€’β€’β€’.comβ€’β€’%β€’.β€’M#‒‒‒‒‒–
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Top companies in Fashion & Lifestyle E-Commerce

3 companies that operate in the same segment as Gini & Jony (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 Gini & Jony

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Frequently Asked Questions about Gini & Jony

Gini & Jony was founded in 1980 and raised its 1st funding round 25 years after it was founded.

Gini & Jony is headquartered in Mumbai, India. It is registered at Mumbai, Maharashtra, India.

Gini & Jony is a funded company, having raised a total of $406.62K across 8 funding rounds to date.

Gini & Jony has 45 employees.

The primary company behind Gini & Jony, Gini & Jony Limited, reported revenue of β‚Ή81.56 Cr for FY 2023, up 13% year on year.

Gini Jony is recognized as a prominent brand in childrens apparel since 1980. The company is focused on providing clothing solutions for kids, emphasizing comfort and style. Operations are centered around the design and distribution of kids wear, catering to young customers through an online store. The brand is positioned in the consumer goods sector, specifically targeting the childrens clothing segment.

Gini & Jony's top competitors include INCLUD, Frangipani and Cub McPaws.

Gini & Jony offers Kids Wear.

Gini & Jony has 55 investors. Key investors include Reliance Capital, Choice, Reliance Industries, Ladderup, and Suditi Industries.

The valuation of Gini & Jony is $25.65M as of Jun 2023.

Gini & Jony operates through Gini & Jony Limited.

Yes. Gini & Jony was acquired by Suditi Industries in November 2024.

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