
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
- SectorsRetail
- Emailβ’β’β’β’β’β’β’β’
- Phoneβ’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
- 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
Associated legal entities of Global Textile Source
Global Textile Source operates through Ps Weavers Private Limited (active). Its filings, financials, charges and directors are on the company page.
| Legal entity | Status | Incorporated | Registered in | Revenue (FY 2024) | Employees | Directors | Company page |
|---|---|---|---|---|---|---|---|
| Ps Weavers Private Limited CIN U18101TN2014PTC094633 | Active | 20 Jan 2014 | Chennai, Tamil Nadu | ₹30.2 Cr | – | 3 | View details |
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.
| Director | Designation | Appointed | Tenure | Entity |
|---|---|---|---|---|
| Ranvir Ranjit Shah DIN 00041398 | Director | 20 Jan 2014 | 12 yrs 8 mo | Ps Weavers Private Limited |
| Pratham Ranvir Shah DIN 07305061 | Director | 04 Sep 2017 | 9 yrs 1 mo | Ps Weavers Private Limited |
| Nandi Ranvir Shah DIN 02513584 | Director | 18 May 2018 | 8 yrs 4 mo | Ps 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.
Detailed financial statements for Global Textile Source
Statement rows, ratios, five-year trends and downloadable financials of the group companies require an active premium plan.
- Statement rows
- Financial ratios
- Five-year trends
- Downloads
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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 Name | Domain | Founded | HQ Location | Total funding | Employees | Description |
|---|---|---|---|---|---|---|
| fabrito.in | 2022 | Gurugram, India | $447,934 | – | Fabrics are sourced and purchased via an online platform. | |
| theyarnbazaar.com | 2017 | Bengaluru, India | $1.96M | 10 | Yarns are traded via an online B2B marketplace platform. | |
| xstok.com | 2015 | Mumbai, India | $1.93M | – | Auction-based marketplace platform offering B2B textile | |
| fabricmonde.com | 2016 | Bengaluru, India | – | – | Distributes high-quality handloom products to wholesale and retail markets. | |
| tradeuno.com | 2015 | Gurugram, India | $155,211 | – | Online B2B marketplace for fabrics and readymade clothes is operated. | |
| thedesigncart.com | 2017 | Delhi, India | $15,007 | – | Online B2B marketplace for fashion raw materials is provided. | |
| beparr.com | 2021 | Surat, India | – | – | Operates an online platform for listing and selling finished fashion products. | |
| slbanthia.com | 2006 | Surat, India | $3.2M | 28 | Polyester, nylon, printed, and luggage fabrics are manufactured and supplied. | |
| textileinfomedia.com | 2015 | Ahmedabad, India | – | 86 | Provides online B2B platform for textile suppliers and buyers to connect globally. |
Detailed competitors of Global Textile Source
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- Full competitor set
- Operating metrics
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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 visits12.3K
▲ 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.
| Company | Description | Founded | Location | Total funding | Revenue | Employees |
|---|---|---|---|---|---|---|
Multi-category consumer products are offered via an online marketplace platform. | 2007 | Bengaluru, Karnataka, India | USD 12.12 B | – | – | |
Fashion and lifestyle products are offered via an online marketplace. | 2007 | Bengaluru, Karnataka, India | USD 123.71 M | USD 542.17 M | 1,108 | |
Multi-category consumer products are sold via an online marketplace. | 2010 | Seoul, South Korea | USD 3.9 B | USD 34.53 B | 95,000 | |
Multi-category products are sold via an online marketplace platform. | 2012 | Singapore, Singapore | USD 689.63 M | – | – | |
Multi-category products are offered through an online marketplace. | 1994 | Seattle, Washington, United States | USD 8 M | – | – | |
Multi-category second-hand products are offered via online marketplace platform. | 2007 | Moscow, Russia | USD 161 M | – | – | |
Used multi-category products are traded on an online marketplace platform. | 2013 | Minato, Tokyo, Japan | USD 117.3 M | USD 1.41 B | – | |
Multi-category consumer products are sold via an online marketplace platform. | 1999 | Buenos Aires, Argentina | – | USD 28.89 B | 84,210 | |
App-based marketplace and classified platform for multi-category products | 2013 | Barcelona, Catalonia, Spain | USD 370.56 M | – | – | |
Multi-category consumer products are offered via an online marketplace. | 1998 | Moscow, Russia | USD 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 βΉ30.23 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.