iCustommadeit

Pune, India Founded: 2013 • Age: 13 yrs Minicorn
Online marketplace offering multi-category customized handmade products

About iCustommadeit

iCustommadeit is a Retail company based in Pune (India) founded in 2013. iCustommadeit has raised $5.68 million across 5 funding rounds from investors including Emrise Corporation, Shashibhushanarao Bandari and Bhushan Vijay Kumar Jadhav. The company has 3 employees. iCustommadeit was last valued at $4.15 million in May 2017. Its focus areas include Horizontal E-Commerce, Marketplace and Customized. Its legal entity in India is Truelytics Ecomm Private Limited (U72900PN2013PTC147242). Its competitors include depasro, Livends and The MB Prints.

Company details

Online marketplace offering multi-category customized handmade products. The product catalog includes jewelry, furniture, clothing, footwear, home decor, accessories, stationery, etc. The platform allows the users to buy products from the product gallery, or post a photo and description of what they want to customize.

Key Metrics
  • Net Loss
    -₹9.4 Lakh

    FY 2023 · 0% margin

  • EBITDA
    -₹8.1 Lakh

    FY 2023 · 0% margin

  • Total Equity Funding
    $5.68M (USD)

    in 5 rounds

  • Latest Funding Round
    $211.22K (USD), Angel Round

    May 2017

  • Investors
  • Employee Count
    3

Funding Insights of iCustommadeit

iCustommadeit has successfully raised a total of $5.68M across 5 strategic funding rounds. The most recent funding activity was a Angel Round of $211.22 thousand completed in May 2017. 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 $5.68M
  • Total Rounds 5
  • Last Round Angel Round β€” $211,223
  • First Round $624,543

    (Nov 2014)

  • Investors Count 44

All 5 funding rounds of iCustommadeit with amounts and investors; the two latest post-money valuations are shown, the rest are part of the premium plan.

DateAmountTransaction NameValuationLead InvestorsInvestors
May 2017$211,223Angel Round$4.15MBhushan Vijay Kumar Jadhav
Feb 2016$4MSeed–Shashibhushanarao Bandari
Aug 2015$254,471Seed$3.07MEmrise Corporation, EmRise Engineering
Jun 2015$593,777Angel Round–Virendra Shahaney
Nov 2014$624,543Angel Round$β€’β€’β€’β€’β€’Salma Chugh
Valuation history
DateValuationStage
May 2017$4.15Mβ€’β€’β€’β€’β€’β€’β€’β€’
Feb 2016$3.75Mβ€’β€’β€’β€’β€’β€’β€’β€’
Aug 2015$β€’β€’β€’β€’β€’β€’β€’β€’β€’β€’β€’β€’β€’
Nov 2014$β€’β€’β€’β€’β€’β€’β€’β€’β€’β€’β€’β€’β€’
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Full valuation and stage history of iCustommadeit

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Last known valuation $4.15M (May 2017). 44 investors in total: 6 institutional and 38 angel.

Investors in iCustommadeit

iCustommadeit has secured backing from 44 investors, including angel, venture fund, and institutional investors. Prominent investors backing the company include Emrise Corporation, Shashibhushanarao Bandari and Bhushan Vijay Kumar Jadhav.

All
Venture Fund
Institutional
Angel
InvestorDescriptionFounded YearDomainLocation
Investments in early-stage startups are made by Brand Capital.
brandcapital.co.inMumbai, India
Seed-stage investments in early ventures are targeted by Badam Investment.
badaminvestment.tcc.mode
Digital solutions are powered by data science and machine learning.
sirisoftsolutions.comPiscataway, United States
Electronic devices and subsystems for defense and aerospace are manufactured.
1973emrise.comEatontown, United States

Shashibhushanarao Bandari

unknown_06d3ad878bf04b51b

Bhushan Vijay Kumar Jadhav

unknown_c2d6d8860af448bb9

Sunil Mittal

unknown_11dfd526b4ff4ef49

Sudarshan Narayangupta

unknown_8e2e64598dc841cfa

Ravindra Reddy Banthi

unknown_b73ae4bc0f2f482ba

Jaya Lakshmi Bandari

unknown_90e9068a269b45ce8
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Investor details for iCustommadeit

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Board of directors of Truelytics Ecomm Private Limited (iCustommadeit)

Truelytics Ecomm Private Limited is the primary company behind iCustommadeit. The board of Truelytics Ecomm Private Limited currently have 3 directors; the longest-serving is Raj Venkataramani Iyer, appointed in 2013. 10 earlier directors have ceased.

DirectorDesignationAppointedTenureEntity
Raj Venkataramani Iyer
DIN 03409438
Director03 May 201313 yrs 5 moTruelytics Ecomm Private Limited
Kirti Khurana
DIN 03417090
Director22 May 201511 yrs 5 moTruelytics Ecomm Private Limited
Aditya Gajanan Rajderkar
DIN 08002942
Director19 Apr 20197 yrs 6 moTruelytics Ecomm Private Limited

Financials of iCustommadeit

Figures of Truelytics Ecomm Private Limited, the primary company behind iCustommadeit, for FY 2023. Net loss was -₹9.4 Lakh (0% margin). EBITDA was -₹8.1 Lakh (0% margin). Revenue has grown at a compounded annual rate of -100% over three years and -100% over five years.

  • -₹9.4 LakhNet loss · 0% margin
  • -₹8.1 LakhEBITDA · 0% margin
  • ₹17.7 LakhPaid-up capital
  • 3Employees (provident fund records)
  • -100%Revenue CAGR, 3 years
  • -100%Revenue CAGR, 5 years

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

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Detailed financial statements for iCustommadeit

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Timeline of iCustommadeit

4 dated milestones of iCustommadeit across 4 years, from founding to its latest funding, stage changes and deals.

  1. Founded iCustommadeit is founded.
  2. Funding First funding round of $625K.
  3. Milestone Reaches Minicorn status.
  4. Funding Latest funding round, Angel Round, of $211K.

Competitors of iCustommadeit

iCustommadeit has 3 listed competitors in our database. They include depasro, Livends and The MB Prints.

Company NameDomainFoundedHQ LocationTotal fundingEmployeesDescription
depasro.com2018India
Sells customized apparel, accessories, home decor, and phone cases online.
livends.com2022Hyderabad, India
Serves as an online marketplace offering customized products across multiple categories.
thembprints.com2024Fatehabad, India
Operates an e-commerce platform specializing in customized products across multiple categories.
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Detailed competitors of iCustommadeit

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Top companies in Marketplaces & General E-Commerce

2 companies that operate in the same segment as iCustommadeit (Marketplaces & General E-Commerce) in India, 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 BUSD 9.83 B18,938
Fashion and lifestyle products are offered via an online marketplace.
2007Bengaluru, Karnataka, IndiaUSD 123.71 MUSD 542.17 M1,108
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Related news about Icustommadeit

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Frequently Asked Questions about iCustommadeit

iCustommadeit was founded in 2013 and raised its 1st funding round 1 year after it was founded.

iCustommadeit is headquartered in Pune, India. It is registered at Pune, Maharashtra, India.

iCustommadeit is a funded company, having raised a total of $5.68M across 5 funding rounds to date. The company's 1st funding round was a Angel Round of $624.54K, raised on Nov 2014.

iCustommadeit has 3 employees.

Online marketplace offering multi-category customized handmade products. The product catalog includes jewelry, furniture, clothing, footwear, home decor, accessories, stationery, etc. The platform allows the users to buy products from the product gallery, or post a photo and description of what they want to customize.

iCustommadeit's top competitors include depasro, Livends and The MB Prints.

iCustommadeit has 44 investors. Key investors include Emrise Corporation, Shashibhushanarao Bandari, Bhushan Vijay Kumar Jadhav, Sunil Mittal, and Sudarshan Narayangupta.

The valuation of iCustommadeit is $4.15M as of May 2017.

iCustommadeit operates through Truelytics Ecomm Private Limited.

The legal entities of iCustommadeit currently have 3 directors, including Kirti Khurana, Raj Venkataramani Iyer, Aditya Gajanan Rajderkar.

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