About Indian Artizans
Indian Artizans is a Retail company based in Pune (India) founded in 2013 by Aayush Baheti. Multi-category ethnic products are retailed online by Indian Artizans. Indian Artizans has raised $83.32 thousand across 1 funding round from investors including Scale Ventures and Rahul Baburao Narvekar. Indian Artizans was last valued at $322.13 thousand in May 2019. Its Indian entity Incraft Fashion Venture Private Limited reported revenue of ₹3.6 Lakh. Its focus areas include Consumer, Fashion Tech, B2C Commerce and Multi Category. Its competitors include Yes!poho, Zipker and The Morani Fashion.
Company details
Indian Artizans was established in 2013 in Pune, India, as an online retailer specializing in ethnic products across various categories. Operations are centered on e-commerce, where items such as traditional apparel, handicrafts, and accessories are made available to customers nationwide. The platform serves the Indian market, with management led by co-founder Aayush Baheti. Focus remains on curating authentic ethnic goods through digital channels.
- Headquarters Pune, India
- Founders Aayush Baheti
- SectorsRetail
- Email••••••••
- Phone•••• ••••
- Website indianartizans.com
- Social X Facebook
- Legal Name Incraft Fashion Venture Private Limited
- Date of Incorporation 18 Oct, 2013
- Jurisdiction Pune, Maharashtra, India
- Annual Revenue₹3.6 Lakh
FY 2019 · -26% YoY
- Net Loss-₹1.6 Lakh
FY 2019 · -45% margin
- EBITDA-₹1.6 Lakh
FY 2019 · -45% margin
- Total Equity Funding$83.32K (USD)
in 1 rounds
- Latest Funding Round$83.32K (USD), Seed
May 2019
- InvestorsScale Ventures
& 1 more
Associated legal entities of Indian Artizans
Indian Artizans operates through Incraft Fashion Venture Private Limited (active). Its filings, financials, charges and directors are on the company page.
| Legal entity | Status | Incorporated | Registered in | Revenue (FY 2019) | Employees | Directors | Company page |
|---|---|---|---|---|---|---|---|
| Incraft Fashion Venture Private Limited CIN U36100PN2013PTC149183 | Active | 18 Oct 2013 | Pune, Maharashtra | ₹0.0 Cr | 2 | View details |
Funding Insights of Indian Artizans
Indian Artizans has successfully raised a total of $83.32K through 1 strategic funding round. The most recent funding activity was a Seed round of $83.32 thousand completed in May 2019. 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 $83,321
- Total Rounds 1
- Last Round Seed — $83,321
- First Round $83,321
(May 2019)
- Investors Count 2
All 1 funding rounds of Indian Artizans 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 |
|---|---|---|---|---|---|
| May 2019 | $83,321 | Seed | $322,133 | Scale Ventures |
Last known valuation $322,133 (May 2019). 2 investors in total: 1 institutional and 1 angel.
Investors in Indian Artizans
Indian Artizans has secured backing from 2 investors, including venture fund and angel investors. Prominent investors backing the company include Scale Ventures and Rahul Baburao Narvekar.
| Investor | Description | Founded Year | Domain | Location |
|---|---|---|---|---|
Venture capital and entrepreneurial support services for startups in India. | 2016 | scaleventures.in | Pune, India | |
RB Rahul Baburao Narvekar | unknown_d1a41f8f00134e44a |
Investor details for Indian Artizans
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- Complete investor list
- Round participation
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Verified entity values are shown only after access is granted.
Board of directors of Incraft Fashion Venture Private Limited (Indian Artizans)
Incraft Fashion Venture Private Limited is the primary company behind Indian Artizans. The board of Incraft Fashion Venture Private Limited currently have 2 directors; the longest-serving is Rahul Baburao Narvekar, appointed in 2016. 10 earlier directors have ceased.
| Director | Designation | Appointed | Tenure | Entity |
|---|---|---|---|---|
| Rahul Baburao Narvekar DIN 03547347 | Director | 11 Apr 2016 | 10 yrs 6 mo | Incraft Fashion Venture Private Limited |
| Souniya Khurana DIN 08113008 | Additional Director | 26 Jul 2019 | 7 yrs 3 mo | Incraft Fashion Venture Private Limited |
People of Indian Artizans
1 people are tracked at Indian Artizans (1 in leadership).
| Name | Role | Group |
|---|---|---|
| Co-Founder | Leadership |
Complete people profiles for Indian Artizans
Full employee and board profiles, team structure, tenure and professional contact details require an active premium plan.
- Full employee list
- Team structure
- Board tenure
- Professional contacts
Verified entity values are shown only after access is granted.
Financials of Indian Artizans
Figures of Incraft Fashion Venture Private Limited, the primary company behind Indian Artizans, for FY 2019. Revenue was ₹3.6 Lakh (-26% year on year). Net loss was -₹1.6 Lakh (-45% margin). EBITDA was -₹1.6 Lakh (-45% margin). Revenue has grown at a compounded annual rate of -56% over three years and -23% over five years.
- ₹3.6 LakhRevenue · FY 2019 · -26% YoY
- -₹1.6 LakhNet loss · -45% margin
- -₹1.6 LakhEBITDA · -45% margin
- ₹6.8 LakhPaid-up capital
- -56%Revenue CAGR, 3 years
- -23%Revenue CAGR, 5 years
Balance sheet, profit and loss, cash flow and ratios of Incraft Fashion Venture Private Limited are on its company page.
Detailed financial statements for Indian Artizans
Statement rows, ratios, five-year trends and downloadable financials of the group companies require an active premium plan.
- Statement rows
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- Downloads
Verified entity values are shown only after access is granted.
Timeline of Indian Artizans
2 dated milestones of Indian Artizans across 6 years, from founding to its latest funding, stage changes and deals.
- Founded Indian Artizans is founded.
- Funding First funding round of $83K.
Competitors of Indian Artizans
Indian Artizans has 3 listed competitors in our database. They include Yes!poho, Zipker and The Morani Fashion.
| Company Name | Domain | Founded | HQ Location | Total funding | Employees | Description |
|---|---|---|---|---|---|---|
| yespoho.com | 2017 | Hyderabad, India | 1 | Platform that connects customers directly with artisans and weavers | ||
| zipker.com | 2014 | Delhi, India | Operates an online marketplace for purchasing ethnic garments. | |||
| moranifashion.com | 2020 | Pune, India | Online retailer of Indian ethnic wear, sarees, blouses, and accessories. |
Detailed competitors of Indian Artizans
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- Full competitor set
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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 Indian Artizans (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 Indian Artizans
Indian Artizans was founded in 2013 and raised its 1st funding round 6 years after it was founded.
Indian Artizans is headquartered in Pune, India. It is registered at Pune, Maharashtra, India.
Indian Artizans is a funded company, having raised a total of $83.32K across 1 funding round to date. The company's 1st funding round was a Seed of $83.32K, raised on May 2019.
The primary company behind Indian Artizans, Incraft Fashion Venture Private Limited, reported revenue of ₹3.6 Lakh for FY 2019, down 26% year on year.
Indian Artizans was established in 2013 in Pune, India, as an online retailer specializing in ethnic products across various categories. Operations are centered on e-commerce, where items such as traditional apparel, handicrafts, and accessories are made available to customers nationwide. The platform serves the Indian market, with management led by co-founder Aayush Baheti. Focus remains on curating authentic ethnic goods through digital channels.
Indian Artizans's top competitors include Yes!poho, Zipker and The Morani Fashion.
Indian Artizans has 2 investors. Key investors include Scale Ventures, and Rahul Baburao Narvekar.
The valuation of Indian Artizans is $322.13K as of May 2019.
Indian Artizans operates through Incraft Fashion Venture Private Limited.
The legal entities of Indian Artizans currently have 2 directors, including Souniya Khurana, Rahul Baburao Narvekar.