About Inddus
Inddus is a company based in Surat (India) founded in 2011 by Hiren Ashok Kapasiawala. Inddus has raised $987.44 thousand across 1 funding round from investors including Flipkart. The company has 6 employees as of April 08, 2024. Inddus offers products and services including Sequinned Silk Blend Saree, Floral Yoke Design Kurta, Floral Embroidered Anarkali Kurta, and Floral Embroidered Chikankari Kurta. Inddus operates in a competitive market with competitors including Fashor, Dressfolk, Suta, House of Chikankari and trueBrowns, among others.
- Headquarter Surat, India
- Employees 6 as on 08 Apr, 2024
- Founders Hiren Ashok Kapasiawala
- 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 Inddusinc Exim Private Limited
- Date of Incorporation 12 Nov, 2012
- Jurisdiction Surat, Gujarat, India
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Annual Revenue
$4.99 M (USD)-3.78as on Mar 31, 2023
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Net Profit
$33.71 K (USD)21.13as on Mar 31, 2023
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EBITDA
$121.76 K (USD)11.31as on Mar 31, 2023
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Total Equity Funding
$987.44 K (USD)
in 1 rounds
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Latest Funding Round
$987.44 K (USD), Seed
Jan 17, 2024
- Investors
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Employee Count
6
as on Apr 08, 2024
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Products & Services of Inddus
Inddus offers a comprehensive portfolio of products and services, including Sequinned Silk Blend Saree, Floral Yoke Design Kurta, Floral Embroidered Anarkali Kurta, and Floral Embroidered Chikankari Kurta.
Ready-to-wear saree with sequinned details for traditional occasions.
Regular kurta with trousers and dupatta for ethnic wear events.
Embroidered anarkali kurta with palazzos for festive attire.
Chikankari detailed kurta with trousers for daily ethnic style.
Funding Insights of Inddus
Inddus has successfully raised a total of $987.44K through 1 strategic funding round. The most recent funding activity was a Seed round of $987.44 thousand completed in January 2024. 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 1
- Last Round Seed — $987,444
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First Round
First Round
(17 Jan 2024)
- Investors Count 1
| Date | Amount | Transaction Name | Valuation | Lead Investors | Investors |
|---|---|---|---|---|---|
| Jan, 2024 | Amount | Seed - Inddus | Valuation |
investors |
Investors in Inddus
Inddus has secured backing from 1 investor, including institutional investors. Prominent investors backing the company include Flipkart.
| Investor | Description | Founded Year | Domain | Location |
|---|---|---|---|---|
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Multi-category consumer products are offered via an online marketplace platform.
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Founded Year | Domain | Location |
Investments & Acquisitions by Inddus
Financial Statements - Inddus
Inddus Comparisons
Competitors of Inddus
Inddus 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, House of Chikankari and trueBrowns, among others.
| Company Name | Domain | Founded year | HQ Location | Description |
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| 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 |
Hand-embroidered Chikankari apparel for men and women is provided.
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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 via an internet-first brand.
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Latest news on Inddus
Frequently Asked Questions about Inddus
Inddus was founded in 2011 and raised its 1st funding round 13 years after it was founded.
Inddus is headquartered in Surat, India. It is registered at Surat, Gujarat, India.
Hiren Ashok Kapasiawala is the current CEO of Inddus. They have also founded this company.
Inddus is a funded company, having raised a total of $987.44K across 1 funding round to date. The company's 1st funding round was a Seed of $987.44K, raised on Jan 17, 2024.
As of Apr 08, 2024, the latest employee count at Inddus is 6.
Annual revenue of Inddus is $4.99M as on Mar 31, 2023.
Inddus was founded in 2011 and is based in Surat, India. An online platform is maintained as an internet-first brand in the ethnic apparel sector. A catalog of products, including sarees, salwars, lehengas, kurtis, frocks, gowns, blouses, and jewelry, is offered for men, women, and children. Operations focus on e-commerce distribution within the apparel industry.
Inddus's top competitors include Fashor, Dressfolk and House of Chikankari.
Inddus offers Sequinned Silk Blend Saree, Floral Yoke Design Kurta, Floral Embroidered Anarkali Kurta, and Floral Embroidered Chikankari Kurta.
Inddus has 1 investor. Key investors include Flipkart.
The valuation of Inddus is $9.88M as of Jan 2024.