About IndianRoots
IndianRoots is a Retail company based in Gurugram (India) founded in 2013. Indian ethnic apparel and accessories are sold online via IndianRoots. IndianRoots has raised $10 million across 2 funding rounds from investors including Astro and KJS Group. Its focus areas include Consumer, Fashion Tech, B2C Commerce and Multi Category. Its competitors include Mirraw, Vasaas and Jivaana; 2 of its 3 listed competitors have raised funding.
Company details
Indianroots is an online shopping site with a range of apparel, home products and accessories by Indias best designers and craftsmen. Delivers ethnic wear to USA, UK, Canada, UAE, Australia, India and more. Brands available are Raw Mango, Anita Dongre, India Circus, Kilol, W. An NDTV venture. Started by FashionAndYou co-founder. Reportedly over 50 of its sales originate from abroad. Clocked revenues of Rs 3.5 cr for the quarter ending March 2014. Raised 5M from Mumbai based KJS group.
- Headquarters Gurugram, India
- SectorsRetail
- Website indianroots.in
- Social LinkedIn X Facebook
- Annual Revenue$104.24 K (USD)-95as on Mar 31, 2017
- Net Profit-$456.19 K (USD)90as on Mar 31, 2017
- EBITDA-$456.19 K (USD)90as on Mar 31, 2017
- Total Equity Funding$10M (USD)
in 2 rounds
- Latest Funding Round$5M (USD), Series B
May 2015
- InvestorsAstro
& 1 more
Associated legal entities of IndianRoots
IndianRoots is associated with 2 registered companies on The Company Check. Each company page carries the filings, financials, charges and directors of that entity.
| Legal entity | Status | Incorporated | Registered in | Revenue (FY 2016) | Employees | Directors | Company page |
|---|---|---|---|---|---|---|---|
| Indianroots Shopping Limited CIN U74900DL2013PLC248812 | Under Process Of Striking Off | 28 Feb 2013 | New Delhi, Delhi | ₹21.2 Cr | 8 | 6 | View details |
| Indianroots Retail Private Limited CIN U52590DL2013PTC260315 | Strike Off | 14 Nov 2013 | New Delhi, Delhi | ₹0.9 Cr | 3 | View details |
Funding Insights of IndianRoots
IndianRoots has successfully raised a total of $10M across 2 strategic funding rounds. The most recent funding activity was a Series B round of $5 million completed in May 2015. 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 $10M
- Total Rounds 2
- Last Round Series B — $5M
- First Round $5M
(Sep 2014)
- Investors Count 2
All 2 funding rounds of IndianRoots with amounts and investors; the two latest post-money valuations are shown, the rest are part of the premium plan.
2 investors in total: 2 institutional.
Investors in IndianRoots
IndianRoots has secured backing from 2 investors, including institutional investors. Prominent investors backing the company include Astro and KJS Group.
| Investor | Description | Founded Year | Domain | Location |
|---|---|---|---|---|
Limited information available | 1992 | kjsahluwaliagroup.com | Keonjhar, India | |
Astro is recognized as a provider of TV and internet services in Malaysia. | 1994 | astro.com.my | Kuala Lumpur, Malaysia |
Investor details for IndianRoots
The complete investor list, round-by-round participation and investor portfolios require an active premium plan.
- Complete investor list
- Round participation
- Investor portfolios
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Verified entity values are shown only after access is granted.
Board of directors of IndianRoots
The boards of the 2 registered companies of IndianRoots currently have 8 directors; the longest-serving is Shyatto Raha, appointed in 2013. 18 earlier directors have ceased.
| Director | Designation | Appointed | Tenure | Entity |
|---|---|---|---|---|
| Shyatto Raha DIN 02729688 | Managing Director | 16 Apr 2013 | 13 yrs 6 mo | Indianroots Shopping Limited |
| Saurav Banerjee DIN 06719699 | Director | 22 Oct 2013 | 13 yrs | Indianroots Shopping Limited |
| Ravi Asawa DIN 06743962 | Director | 28 Nov 2013 | 12 yrs 11 mo | Indianroots Retail Private Limited |
| Karanpal Singh DIN 03233488 | Director | 03 Feb 2016 | 10 yrs 8 mo | Indianroots Shopping Limited |
| Indrani Roy DIN 01033399 | Director | 08 Nov 2016 | 9 yrs 11 mo | Indianroots Shopping Limited |
| Navneet Raghuvanshi DIN 06992883 | Additional Director | 15 Jan 2018 | 8 yrs 9 mo | Indianroots Retail Private Limited |
| Vikram Singh DIN 06375722 | Additional Director | 26 Mar 2018 | 8 yrs 7 mo | Indianroots Shopping Limited |
| Rajeev Varma DIN 07153499 | Director | 01 Dec 2020 | 5 yrs 10 mo | Indianroots Retail Private Limited, Indianroots Shopping Limited |
Financials of IndianRoots
Figures of Indianroots Retail Private Limited, the primary company behind IndianRoots, for FY 2017. Revenue was ₹86 Lakh (-90% year on year). Net loss was -₹3.06 Cr (-438% margin). EBITDA was -₹3.06 Cr (-438% margin). Revenue has grown at a compounded annual rate of -50% over three years.
- ₹86 LakhRevenue · FY 2017 · -90% YoY
- -₹3.06 CrNet loss · -438% margin
- -₹3.06 CrEBITDA · -438% margin
- ₹1 LakhPaid-up capital
- -50%Revenue CAGR, 3 years
Balance sheet, profit and loss, cash flow and ratios of Indianroots Retail Private Limited are on its company page.
Detailed financial statements for IndianRoots
Statement rows, ratios, five-year trends and downloadable financials of the group companies require an active premium plan.
- Statement rows
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Timeline of IndianRoots
3 dated milestones of IndianRoots across 2 years, from founding to its latest funding, stage changes and deals.
- Founded IndianRoots is founded.
- Funding First funding round of $5.0M.
- Funding Latest funding round, Series B, of $5.0M.
Competitors of IndianRoots
IndianRoots has 3 listed competitors in our database, 2 of them funded. They include Mirraw, Vasaas and Jivaana.
| Company Name | Domain | Founded | HQ Location | Total funding | Employees | Description |
|---|---|---|---|---|---|---|
| mirraw.com | 2011 | Mumbai, India | 107 | Online platform for ethnic clothing, jewelry, and accessories shopping. | ||
| vasaas.com | 2020 | Bengaluru, India | $79,005 | Online platform offering multi-category designer fashion products for women. | ||
| jivaana.com | 2016 | Bengaluru, India | $609,476 | 3 | Manages an e-commerce store offering a diverse range of fashion products across multiple categories. |
Detailed competitors of IndianRoots
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- Full competitor set
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- Competitive positioning
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Web traffic of IndianRoots
Websites that share an audience with IndianRoots (indianroots.in).
Websites whose visitors overlap most with IndianRoots. Affinity shows how closely the audiences match.
| Website | Domain | Audience affinity | Monthly visits | Global rank | Profile |
|---|---|---|---|---|---|
| jaypore.com | 100% | 520.7K | #87,670 | View details | |
| perniaspopupshop.com | 92% | 1.6M | #28,015 | View details | |
| indusdiva.com | 73% | View details | |||
| indiabazaaronline.com | 73% | View details | |||
| indianclothstore.com | 72% | 93.2K | #385,014 | View details | |
| •••••••••• | ••••••.com | ••% | •.•M | #••••• | – |
| •••••••••• | ••••••.com | ••% | •.•M | #••••• | – |
All 7 similar websites and full traffic analytics for IndianRoots
The complete similar-websites list, audience overlap and engagement analytics require an active premium plan.
- 7 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 IndianRoots (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 143.24 M | USD 32.66 M | 711 |
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Frequently Asked Questions about IndianRoots
IndianRoots was founded in 2013 and raised its 1st funding round 1 year after it was founded.
IndianRoots is headquartered in Gurugram, India. It is registered at Gurugram, Haryana, India.
IndianRoots is a funded company, having raised a total of $10M across 2 funding rounds to date. The company's 1st funding round was a Series B of $5M, raised on Sep 2014.
Annual revenue of IndianRoots is $104.24K as on Mar 31, 2017.
Indianroots is an online shopping site with a range of apparel, home products and accessories by Indias best designers and craftsmen. Delivers ethnic wear to USA, UK, Canada, UAE, Australia, India and more. Brands available are Raw Mango, Anita Dongre, India Circus, Kilol, W. An NDTV venture. Started by FashionAndYou co-founder. Reportedly over 50 of its sales originate from abroad. Clocked revenues of Rs 3.5 cr for the quarter ending March 2014. Raised 5M from Mumbai based KJS group.
IndianRoots is associated with 2 legal entities: Indianroots Retail Private Limited, Indianroots Shopping Limited.
The legal entities of IndianRoots currently have 8 directors, including Navneet Raghuvanshi, Ravi Asawa, Rajeev Varma and others.