About Inddus
Inddus is a Retail company based in Surat (India) founded in 2011 by Hiren Ashok Kapasiawala. Internet-first platform for ethnic apparel brands is operated. Inddus has raised $987.44 thousand across 1 funding round from investors including Flipkart. The company has 6 employees. Inddus was last valued at $9.88 million in January 2024. Its chief executive, as recorded, is Hiren Ashok Kapasiawala. Its website inddus.com draws about 49 thousand monthly visits. Its Indian entity Inddusinc Exim Private Limited reported revenue of ₹37.65 Cr. Inddus offers products and services including Sequinned Silk Blend Saree, Floral Yoke Design Kurta, Floral Embroidered Anarkali Kurta, and Floral Embroidered Chikankari Kurta. Its focus areas include Consumer, Fashion Tech, B2C Commerce and Apparel. Its competitors include Fashor, Dressfolk and Suta; 2 of its 3 listed competitors have raised funding.
Company details
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.
- Headquarters Surat, India
- Employees 6
- Founders Hiren Ashok Kapasiawala
- Stage Minicorn
- SectorsRetail
- Email••••••••
- Phone•••• ••••
- Website inddus.com
- Social LinkedIn X Facebook Instagram YouTube
- Legal Name Inddusinc Exim Private Limited
- Date of Incorporation 12 Nov, 2012
- Jurisdiction Surat, Gujarat, India
- Annual Revenue₹37.65 Cr
FY 2024 · -9% YoY
- Net Loss-₹7.85 Cr
FY 2024 · -21% margin
- EBITDA-₹7.38 Cr
FY 2024 · -20% margin
- Total Equity Funding$987.44K (USD)
in 1 rounds
- Latest Funding Round$987.44K (USD), Seed
Jan 2024
- Investors
- Employee Count6
Associated legal entities of Inddus
Inddus operates through Inddusinc Exim 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 |
|---|---|---|---|---|---|---|---|
| Inddusinc Exim Private Limited CIN U32111GJ2012PTC122338 | Active | 12 Nov 2012 | Surat, Gujarat | ₹37.6 Cr | 6 | 3 | View details |
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.
Apps and channels of Inddus
its YouTube channel INDDUS has 598 subscribers and 11 videos.
Videos from Inddus
The most watched videos on Inddus's YouTube channel, INDDUS (598 subscribers). Click a video to play it here.
More on INDDUS.
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 $987,444
- Total Rounds 1
- Last Round Seed — $987,444
- First Round $987,444
(Jan 2024)
- Investors Count 1
All 1 funding rounds of Inddus with amounts and investors; the two latest post-money valuations are shown, the rest are part of the premium plan.
| Date | Amount | Transaction Name | Valuation | Lead Investors | Investors |
|---|---|---|---|---|---|
| Jan 2024 | $987,444 | Seed | $9.88M | – |
| Date | Valuation | Stage |
|---|---|---|
| Jan 2024 | $9.88M | •••••••• |
Last known valuation $9.88M (Jan 2024). 1 investors in total: 1 institutional.
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 |
|---|---|---|---|---|
Multi-category consumer products are offered via an online marketplace platform. | 2007 | flipkart.com | Bengaluru, India |
Investor details for Inddus
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Board of directors of Inddusinc Exim Private Limited (Inddus)
Inddusinc Exim Private Limited is the primary company behind Inddus. The board of Inddusinc Exim Private Limited currently have 3 directors; the longest-serving is Hiren Ashok Kapasiawala, appointed in 2012. 3 earlier directors have ceased.
| Director | Designation | Appointed | Tenure | Entity |
|---|---|---|---|---|
| Hiren Ashok Kapasiawala DIN 06409344 | Director | 12 Nov 2012 | 13 yrs 11 mo | Inddusinc Exim Private Limited |
| Pragna Hiren Kapasiawala DIN 03489040 | Director | 15 Jan 2015 | 11 yrs 9 mo | Inddusinc Exim Private Limited |
| Divyesh Jayvadanbhai Bhajikhau DIN 08257335 | Director | 20 Oct 2018 | 8 yrs | Inddusinc Exim Private Limited |
People of Inddus
1 people are tracked at Inddus (1 in leadership); the tracked headcount is 6.
| Name | Role | Group |
|---|---|---|
| Founder & CEO | Leadership |
Complete people profiles for Inddus
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Financials of Inddus
Figures of Inddusinc Exim Private Limited, the primary company behind Inddus, for FY 2024. Revenue was ₹37.65 Cr (-9% year on year). Net loss was -₹7.85 Cr (-21% margin). EBITDA was -₹7.38 Cr (-20% margin). Revenue has grown at a compounded annual rate of -2% over three years and +22% over five years.
- ₹37.65 CrRevenue · FY 2024 · -9% YoY
- -₹7.85 CrNet loss · -21% margin
- -₹7.38 CrEBITDA · -20% margin
- ₹1.1 LakhPaid-up capital
- 6Employees (provident fund records)
- -2%Revenue CAGR, 3 years
- +22%Revenue CAGR, 5 years
Balance sheet, profit and loss, cash flow and ratios of Inddusinc Exim Private Limited are on its company page.
Detailed financial statements for Inddus
Statement rows, ratios, five-year trends and downloadable financials of the group companies require an active premium plan.
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Timeline of Inddus
3 dated milestones of Inddus across 13 years, from founding to its latest funding, stage changes and deals.
- Founded Inddus is founded.
- Funding First funding round of $987K.
- Milestone Reaches Minicorn status.
Competitors of Inddus
Inddus has 3 listed competitors in our database, 2 of them funded. They include Fashor, Dressfolk and Suta.
| Company Name | Domain | Founded | HQ Location | Total funding | Employees | Description |
|---|---|---|---|---|---|---|
| fashor.com | 2017 | Chennai, India | $6.23M | 232 | Ethnic wear for women is offered via an internet-first brand. | |
| dressfolk.com | 2015 | Delhi, India | $838,736 | 5 | Handcrafted ethnic wear for women is offered online by Dressfolk. | |
| suta.in | 2016 | Mumbai, India | 231 | Online platform selling traditional Indian apparel and accessories. |
Detailed competitors of Inddus
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Web traffic of Inddus
The website of Inddus (inddus.com) receives about 49.4K visits a month.
- Monthly visits49.4K
▼ 17.6% vs previous month
Websites whose visitors overlap most with Inddus. Affinity shows how closely the audiences match.
| Website | Domain | Audience affinity | Monthly visits | Global rank | Profile |
|---|---|---|---|---|---|
| meenabazaar.com | 100% | 54.2K | #450,072 | View details | |
sareespalace.com | sareespalace.com | 96% | #373,618 | – | |
| rangriti.com | 94% | 127.5K | #214,161 | View details | |
tamarachennai.com | tamarachennai.com | 93% | #464,802 | – | |
| amydus.com | 91% | 34.7K | #560,282 | View details | |
| •••••••••• | ••••••.com | ••% | •.•M | #••••• | – |
| •••••••••• | ••••••.com | ••% | •.•M | #••••• | – |
| •••••••••• | ••••••.com | ••% | •.•M | #••••• | – |
All 40 similar websites and full traffic analytics for Inddus
The complete similar-websites list, audience overlap and engagement analytics require an active premium plan.
- 40 similar websites
- Audience overlap
- Engagement analytics
- Traffic by brand
Verified entity values are shown only after access is granted.
Top companies in Fashion & Lifestyle E-Commerce
3 companies that operate in the same segment as Inddus (Fashion & Lifestyle E-Commerce) in India, ranked by their profile score on The Company Check.
| Company | Description | Founded | Location | Total funding | Revenue | Employees |
|---|---|---|---|---|---|---|
Eyewear is offered online for men, women, and kids. | 2010 | Gurugram, Haryana, India | USD 1.04 B | USD 939.4 M | 18,984 | |
Fashion and lifestyle products are offered via an online marketplace. | 2007 | Bengaluru, Karnataka, India | USD 123.71 M | USD 542.17 M | 1,108 | |
Gold and silver jewellery, lab-grown diamonds, and accessories are retailed. | 2019 | Bengaluru, Karnataka, India | USD 142.34 M | USD 32.66 M | 711 |
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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 CEO of Inddus, as recorded in our data. 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 2024.
Inddus has 6 employees.
The primary company behind Inddus, Inddusinc Exim Private Limited, reported revenue of ₹37.65 Cr for FY 2024, down 9% year on year.
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 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.
Inddus operates through Inddusinc Exim Private Limited.