About House of Chikankari
House of Chikankari is a company based in Delhi (India) founded in 2020 by Aakriti Rawal.. House of Chikankari has raised $176.55 thousand across 3 funding rounds from investors including LetsVenture, Sailthru Ventures and Peyush Bansal. The company has 94 employees as of March 22, 2024. House of Chikankari offers products and services including Chikankari Kurtas, Kurta Sets, and Sarees. House of Chikankari operates in a competitive market with competitors including Fashor, Dressfolk, Suta, trueBrowns and Shobitam, among others.
- Headquarter Delhi, India
- Employees 94 as on 22 Mar, 2024
- Founders Aakriti Rawal
- Stage Minicorn
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Sectors
Retail
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Email
***********
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Phone
*********
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Website
*********
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Social
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- Legal Name Indiville Merchandize Private Limited
- Date of Incorporation 23 Mar, 2021
- Jurisdiction Delhi, Delhi, India
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Annual Revenue
$3.16 M (USD)848.11as on Mar 31, 2024
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Net Profit
$-38.79 K (USD)-149.36as on Mar 31, 2024
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EBITDA
$106.81 K (USD)794.77as on Mar 31, 2024
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Total Equity Funding
$176.55 K (USD)
in 3 rounds
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Latest Funding Round
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Investors
LetsVenture
& 9 more
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Employee Count
94
as on Mar 22, 2024
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Products & Services of House of Chikankari
House of Chikankari offers a comprehensive portfolio of products and services, including Chikankari Kurtas, Kurta Sets, and Sarees. The company's diverse product and service offerings are designed to meet the evolving needs of its customers, address market demands, and provide comprehensive solutions that drive value creation and customer satisfaction across various segments and use cases.
Hand-embroidered traditional kurtas for men and women
Matching sets of kurtas and bottoms for everyday wear
Embroidered sarees for festive and formal occasions
Funding Insights of House of Chikankari
House of Chikankari has successfully raised a total of $176.55K across 3 strategic funding rounds. 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 Total Funding
- Total Rounds 3
- Last Round Last Round
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First Round
First Round
(07 Jan 2023)
- Investors Count 10
| Date | Amount | Transaction Name | Valuation | Lead Investors | Investors |
|---|---|---|---|---|---|
| Jan, 2025 | Amount | Seed - House of Chikankari | Valuation | Peyush Bansal , Manoj Meena | |
| Sep, 2023 | Amount | Seed - House of Chikankari | Valuation | LetsVenture | |
| Jan, 2023 | Amount | Angel Round - House of Chikankari | Valuation |
investors |
| Date | Amount | Transaction Name | Valuation | Lead Investors | Investors |
|---|---|---|---|---|---|
| Jul, 2021 | Amount | Post-IPO - Grab | Valuation |
investors |
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| Feb, 2021 | Amount | Post-IPO - Grab | Valuation |
investors |
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| Jan, 2021 | Amount | Post-IPO - Grab | Valuation |
investors |
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| Feb, 2021 | Amount | Post-IPO - Grab | Valuation |
investors |
Investors in House of Chikankari
House of Chikankari has secured backing from 10 investors, including angel, venture fund, and institutional investors. Prominent investors backing the company include LetsVenture, Sailthru Ventures and Peyush Bansal. This diverse investor base provides strategic capital, industry expertise, and valuable network connections that support the company's growth initiatives, market expansion, and long-term value creation.
| Investor | Description | Founded Year | Domain | Location |
|---|---|---|---|---|
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Founded Year | Domain | Location |
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Venture capital is invested in cybersecurity, fintech, and AI startups.
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Investments & Acquisitions by House of Chikankari
| Company Name | Description | Domain | Location | Founded Year | Amount |
|---|---|---|---|---|---|
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Bionic investment advisor platform
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2016 | ||||
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Fine Asian gourmet food is offered by an internet-first restaurant.
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2016 | ||||
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Physical e-commerce kiosks are deployed for rural purchases in Indonesia.
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2014 | ||||
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Fine Asian gourmet food is offered by an internet-first restaurant.
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2016 |
Financial Statements - House of Chikankari
| Date | Amount | Transaction Name | Valuation | Lead Investors | Investors |
|---|---|---|---|---|---|
| Jul, 2021 | Amount | Post-IPO - Grab | Valuation |
investors |
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| Feb, 2021 | Amount | Post-IPO - Grab | Valuation |
investors |
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| Jan, 2021 | Amount | Post-IPO - Grab | Valuation |
investors |
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| Feb, 2021 | Amount | Post-IPO - Grab | Valuation |
investors |
House Of Chikankari Comparisons
Competitors of House of Chikankari
House of Chikankari 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 Fashor, Dressfolk, Suta, trueBrowns and Shobitam, among others. This competitive environment drives innovation, market differentiation, and strategic positioning as companies strive to capture market share and deliver value to their customers. Understanding the competitive dynamics is crucial for assessing market positioning, identifying growth opportunities, and navigating the challenges inherent in a competitive marketplace.
| Company Name | Domain | Founded year | HQ Location | Description |
|---|---|---|---|---|
| domain | founded_year | HQ Location |
Ethnic wear for women is offered via an internet-first brand.
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| domain | founded_year | HQ Location |
Handcrafted ethnic wear for women is offered online by Dressfolk.
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| domain | founded_year | HQ Location |
Online platform selling traditional Indian apparel and accessories.
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| domain | founded_year | HQ Location |
Women's apparel is offered through an internet-first brand.
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| domain | founded_year | HQ Location |
Ethnic wear for women is offered online by Shobitam.
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| Company Name | Domain | Founded year | HQ Location | Description |
|---|---|---|---|---|
| domain | founded_year | HQ Location |
Multiple services are booked via an app-based platform.
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| domain | founded_year | HQ Location |
On-demand services are booked through an app-based platform.
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| domain | founded_year | HQ Location |
App based platform offering on demand delivery and ride-hailing services
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| domain | founded_year | HQ Location |
Operates an on-demand hyperlocal delivery app for food and groceries.
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Latest news on House Of Chikankari
Frequently Asked Questions about House of Chikankari
When was House of Chikankari founded?
House of Chikankari was founded in 2020 and raised its 1st funding round 3 years after it was founded.
Where is House of Chikankari located?
House of Chikankari is headquartered in Delhi, India. It is registered at Delhi, Delhi, India.
Who is the current CEO of House of Chikankari?
Aakriti Rawal is the current CEO of House of Chikankari. They have also founded this company.
Is House of Chikankari a funded company?
House of Chikankari is a funded company, having raised a total of $176.55K across 3 funding rounds to date. The company's 1st funding round was a Angel Round of $85.84K, raised on Jan 07, 2023.
How many employees does House of Chikankari have?
As of Mar 22, 2024, the latest employee count at House of Chikankari is 94.
What is the annual revenue of House of Chikankari?
Annual revenue of House of Chikankari is $3.16M as on Mar 31, 2024.
What does House of Chikankari do?
House of Chikankari was founded in 2020 in Delhi, India, and operates within the apparel sector. Hand-embroidered Chikankari clothing is supplied for men and women, encompassing items such as kurtas, sarees, kaftans, tops, shirts, dresses, and bottom wear. Fabrics including cotton, mulmul, linen, and rayon are employed across styles like western wear, everyday wear, work wear, and festive wear. Activities are managed through the domain houseofchikankari.in.
Who are the top competitors of House of Chikankari?
What products or services does House of Chikankari offer?
House of Chikankari offers Chikankari Kurtas, Kurta Sets, and Sarees.
Who are House of Chikankari's investors?
House of Chikankari has 10 investors. Key investors include LetsVenture, Sailthru Ventures, Peyush Bansal, Manoj Meena, and Ankit Nagori.
What is House of Chikankari's valuation?
The valuation of House of Chikankari is $2.42M as of Sep 2023.