Global Textile Source

Bengaluru, India Founded: 2004 • Age: 22 yrs
Hosts a digital marketplace tailored for the textile industry.

About Global Textile Source

Global Textile Source is a company based in Bengaluru (India) founded in 2004. It operates as a B2B. Global Textile Source operates in a competitive market with competitors including Fabrito, The Yarn Bazaar, XSTOK, Fabric Monde and TradeUNO, among others.

  • Headquarter Bengaluru, India
  • Sectors
    Retail
  • Email
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  • Phone
    β€’β€’β€’β€’ β€’β€’β€’β€’
  • Website globaltextilesource.com
  • Legal Name Ps Weavers Private Limited
  • Date of Incorporation 20 Jan, 2014
  • Jurisdiction Chennai, Tamil Nadu, India
Key Metrics
  • Annual Revenue
    ₹30.23 Cr

    FY 2024 · +4% YoY

  • Net Loss
    -₹52.8 Lakh

    FY 2024 · -2% margin

  • EBITDA
    -₹92.4 Lakh

    FY 2024 · -3% margin

Board of directors of Ps Weavers Private Limited (Global Textile Source)

Ps Weavers Private Limited is the primary company behind Global Textile Source. The board of Ps Weavers Private Limited currently have 3 directors; the longest-serving is Ranvir Ranjit Shah, appointed in 2014. 1 earlier director has ceased.

DirectorDesignationAppointedTenureEntity
Ranvir Ranjit Shah
DIN 00041398
Director20 Jan 201412 yrs 8 moPs Weavers Private Limited
Pratham Ranvir Shah
DIN 07305061
Director04 Sep 20179 yrs 1 moPs Weavers Private Limited
Nandi Ranvir Shah
DIN 02513584
Director18 May 20188 yrs 4 moPs Weavers Private Limited

Financials of Global Textile Source

Figures of Ps Weavers Private Limited, the primary company behind Global Textile Source, for FY 2024. Revenue was ₹30.23 Cr (+4% year on year). Net loss was -₹52.8 Lakh (-2% margin). EBITDA was -₹92.4 Lakh (-3% margin). Revenue has grown at a compounded annual rate of +18% over three years and -2% over five years.

  • ₹30.23 CrRevenue · FY 2024 · +4% YoY
  • -₹52.8 LakhNet loss · -2% margin
  • -₹92.4 LakhEBITDA · -3% margin
  • ₹1 LakhPaid-up capital
  • +18%Revenue CAGR, 3 years
  • -2%Revenue CAGR, 5 years

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

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Detailed financial statements for Global Textile Source

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Competitors of Global Textile Source

Global Textile Source 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 Fabrito, The Yarn Bazaar, XSTOK, Fabric Monde and TradeUNO, among others.

Company NameDomainFoundedHQ LocationTotal fundingEmployeesDescription
fabrito.in2022Gurugram, India$447,934–
Fabrics are sourced and purchased via an online platform.
theyarnbazaar.com2017Bengaluru, India$1.96M10
Yarns are traded via an online B2B marketplace platform.
xstok.com2015Mumbai, India$1.93M–
Auction-based marketplace platform offering B2B textile
fabricmonde.com2016Bengaluru, India––
Distributes high-quality handloom products to wholesale and retail markets.
tradeuno.com2015Gurugram, India$155,211–
Online B2B marketplace for fabrics and readymade clothes is operated.
thedesigncart.com2017Delhi, India$15,007–
Online B2B marketplace for fashion raw materials is provided.
beparr.com2021Surat, India––
Operates an online platform for listing and selling finished fashion products.
slbanthia.com2006Surat, India$3.2M28
Polyester, nylon, printed, and luggage fabrics are manufactured and supplied.
textileinfomedia.com2015Ahmedabad, India–86
Provides online B2B platform for textile suppliers and buyers to connect globally.
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Detailed competitors of Global Textile Source

The full competitor set, operating metrics and side-by-side benchmarks require an active premium plan.

  • Full competitor set
  • Operating metrics
  • Benchmarks
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Web traffic of Global Textile Source

The website of Global Textile Source (globaltextilesource.com) receives about 12.3K visits a month.

  • Monthly visits
    12.3K

    ▲ 105.7% vs previous month

Similar companies to Global Textile Source

10 companies that operate in the same segment as Global Textile Source (Marketplaces & General E-Commerce), ranked by their profile score on The Company Check.

CompanyDescriptionFoundedLocationTotal fundingRevenueEmployees
Multi-category consumer products are offered via an online marketplace platform.
2007Bengaluru, Karnataka, IndiaUSD 12.12 B––
Fashion and lifestyle products are offered via an online marketplace.
2007Bengaluru, Karnataka, IndiaUSD 123.71 MUSD 542.17 M1,108
Multi-category consumer products are sold via an online marketplace.
2010Seoul, South KoreaUSD 3.9 BUSD 34.53 B95,000
Multi-category products are sold via an online marketplace platform.
2012Singapore, SingaporeUSD 689.63 M––
Multi-category products are offered through an online marketplace.
1994Seattle, Washington, United StatesUSD 8 M––
Multi-category second-hand products are offered via online marketplace platform.
2007Moscow, RussiaUSD 161 M––
Used multi-category products are traded on an online marketplace platform.
2013Minato, Tokyo, JapanUSD 117.3 MUSD 1.41 B–
Multi-category consumer products are sold via an online marketplace platform.
1999Buenos Aires, Argentina–USD 28.89 B84,210
App-based marketplace and classified platform for multi-category products
2013Barcelona, Catalonia, SpainUSD 370.56 M––
Multi-category consumer products are offered via an online marketplace.
1998Moscow, RussiaUSD 442.27 M––
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Frequently Asked Questions about Global Textile Source

Global Textile Source was founded in 2004.

Global Textile Source is headquartered in Bengaluru, India. It is registered at Bengaluru, Karnataka, India.

The primary company behind Global Textile Source, Ps Weavers Private Limited, reported revenue of β‚Ή30.23 Cr for FY 2024, up 4% year on year.

Global Textile Source, based in Bengaluru, focuses on operating online marketplaces, marketplaces, textile industry, and digital trading. Hosts a digital marketplace tailored for the textile industry. The company prioritizes operational excellence, innovation, and customer-centric approaches for success. It continues to evolve, meeting industry challenges with strategic approaches.

Global Textile Source's top competitors include Fabrito, Fabric Monde and The Yarn Bazaar.

Global Textile Source operates through Ps Weavers Private Limited.

The legal entities of Global Textile Source currently have 3 directors, including Nandi Ranvir Shah, Pratham Ranvir Shah, Ranvir Ranjit Shah.

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