About Hela Clothing
Hela Clothing is a company based in Colombo (Sri Lanka) founded in 2018. Hela Clothing has raised $31 million across 3 funding rounds from investors including Norfund and Aavishkaar Capital. Hela Clothing has completed 1 acquisition, including Focus Brands. Hela Clothing offers products and services including Intimates, Sportswear, and Kidswear.
- Headquarter Colombo, Sri Lanka
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Sectors
Industrial Goods & Manufacturing
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Email
Locked
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Phone
Locked
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Website
Locked
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Social
Locked
- Legal Name Hela Apparel Holdings Plc
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Annual Revenue
Not available
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Net Profit
Not available
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EBITDA
Not available
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Total Equity Funding
$31 M (USD)
in 3 rounds
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Latest Funding Round
$5 M (USD), Debt – Conventional
Jun 19, 2023
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Investors
Norfund
& 1 more
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Employee Count
Not available
- Investments & Acquisitions
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Products & Services of Hela Clothing
Hela Clothing offers a comprehensive portfolio of products and services, including Intimates, Sportswear, and Kidswear.
Innovatively designed underwear for men and women
Apparel for ease of movement and performance activities
Comfortable clothing designed for children
People of Hela Clothing
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Funding Insights of Hela Clothing
Hela Clothing has successfully raised a total of $31M across 3 strategic funding rounds. The most recent funding activity was a Debt – Conventional round of $5 million 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.
Investors in Hela Clothing
Hela Clothing has secured backing from 2 investors, including venture fund investors. Prominent investors backing the company include Norfund and Aavishkaar Capital.
| Investor | Description | Founded Year | Domain | Location |
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Venture capital firm
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Locked | Locked | Locked | |
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It invests in developing countries to create jobs and improve lives
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Locked | Locked | Locked |
Investor details for Hela Clothing
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Investments & Acquisitions by Hela Clothing
Hela Clothing has strategically engaged in corporate development activities, having acquired 1 company. Notable acquisitions include Focus Brands.
Investment portfolio details for Hela Clothing
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| Company Name | Description | Domain | Location | Founded Year | Amount |
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Iconic multi-channel foodservice brands are developed and franchised worldwide.
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Locked | Locked | 1991 | Locked |
Complete acquisition details for Hela Clothing
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Financial Statements - Hela Clothing
Detailed financials for Hela Clothing
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Hela Clothing Comparisons
Peer comparison for Hela Clothing
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Competitors of Hela Clothing
Detailed competitors of Hela Clothing
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Latest news on Hela Clothing
Complete news archive for Hela Clothing
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Frequently Asked Questions about Hela Clothing
Hela Clothing was founded in 2018.
Hela Clothing is headquartered in Colombo, Sri Lanka. It is registered at Colombo, Western Province, Sri Lanka.
Dilanka Jinadasa is the current CEO of Hela Clothing.
Hela Clothing is a funded company, having raised a total of $31M across 3 funding rounds to date.
Hela Clothing was established in 2018 in Colombo, Sri Lanka, as a private label manufacturer within the apparel sector. Production of clothing items is handled for various brands, with operations centered on garment fabrication and supply chain management. The company is led by CEO Dilanka Jinadasa, and activities are based primarily in Sri Lanka to serve international clients in the fashion industry.
Hela Clothing offers Intimates, Sportswear, and Kidswear.
Hela Clothing has made 1 acquisition, including Focus Brands.
Hela Clothing has 2 investors. Key investors include Norfund, and Aavishkaar Capital.