About Jaggery
Jaggery is a Consumer company based in Gurugram (India) founded in 2015. It creates upcycled bags from discarded materials to reduce waste and support communities. It operates on a D2C model in Consumer and Environment sectors. Its Indian entity Meaningful Design Labs Private Limited reported revenue of ₹33.5 Lakh. Jaggery offers products and services including Upcycled Bags, Backpacks, and Satchels. Its focus areas include Sustainable Fashion, Upcycled Products, Bags and Accessories and Environmental.
Company details
Jaggery designs and manufactures stylish bags from repurposed materials like retired car seat belts and cargo belts. Operating in India, they focus on upcycling industrial waste to prevent landfill accumulation and create jobs for underserved communities. Their products include backpacks, satchels, and totes, serving environmentally conscious consumers worldwide through online sales and collaborations.
- Headquarters Gurugram, India
- SectorsConsumerEnvironment
- Email••••••••
- Website jaggerybags.com
- Social LinkedIn Facebook Instagram
- Legal Name Meaningful Design Labs Private Limited
- Date of Incorporation 16 Nov, 2015
- Jurisdiction Gurgaon, Haryana, India
- Annual Revenue₹33.5 Lakh
FY 2025 · +9% YoY
- Net Profit₹1.2 Lakh
FY 2025 · 3% margin
- EBITDA₹1.7 Lakh
FY 2025 · 5% margin
Associated legal entities of Jaggery
Jaggery operates through Meaningful Design Labs Private Limited (active). Its filings, financials, charges and directors are on the company page.
| Legal entity | Status | Incorporated | Registered in | Revenue (FY 2025) | Employees | Directors | Company page |
|---|---|---|---|---|---|---|---|
| Meaningful Design Labs Private Limited CIN U74999HR2015PTC057258 | Active | 16 Nov 2015 | Gurgaon, Haryana | ₹0.3 Cr | 3 | View details |
Products & Services of Jaggery
Jaggery offers a comprehensive portfolio of products and services, including Upcycled Bags, Backpacks, and Satchels.
Bags made from recycled materials for everyday and commuter use
Backpacks crafted from upcycled belts for durable, eco-friendly carry
Satchels from repurposed materials for stylish, functional storage
Board of directors of Meaningful Design Labs Private Limited (Jaggery)
Meaningful Design Labs Private Limited is the primary company behind Jaggery. The board of Meaningful Design Labs Private Limited currently have 3 directors; the longest-serving is Gautam Malik, appointed in 2015. 1 earlier director has ceased.
| Director | Designation | Appointed | Tenure | Entity |
|---|---|---|---|---|
| Gautam Malik DIN 07231633 | Director | 16 Nov 2015 | 10 yrs 11 mo | Meaningful Design Labs Private Limited |
| Usha Malik DIN 07231635 | Director | 16 Nov 2015 | 10 yrs 11 mo | Meaningful Design Labs Private Limited |
| Bhawna Dandona DIN 08399583 | Director | 16 Mar 2019 | 7 yrs 7 mo | Meaningful Design Labs Private Limited |
Financials of Jaggery
Figures of Meaningful Design Labs Private Limited, the primary company behind Jaggery, for FY 2025. Revenue was ₹33.5 Lakh (+9% year on year). Net profit was ₹1.2 Lakh (3% margin). EBITDA was ₹1.7 Lakh (5% margin). Revenue has grown at a compounded annual rate of +12% over five years.
- ₹33.5 LakhRevenue · FY 2025 · +9% YoY
- ₹1.2 LakhNet profit · 3% margin
- ₹1.7 LakhEBITDA · 5% margin
- ₹1 LakhPaid-up capital
- +12%Revenue CAGR, 5 years
Balance sheet, profit and loss, cash flow and ratios of Meaningful Design Labs Private Limited are on its company page.
Detailed financial statements for Jaggery
Statement rows, ratios, five-year trends and downloadable financials of the group companies require an active premium plan.
- Statement rows
- Financial ratios
- Five-year trends
- Downloads
Verified entity values are shown only after access is granted.
Top companies in Fashion & Lifestyle Products
3 companies that operate in the same segment as Jaggery (Fashion & Lifestyle Products) 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 | |
Jewellery is retailed via stores and an online platform. | 1993 | Thrissur, Kerala, India | USD 3.83 B | 12,466 | ||
Fine jewelry brand | 1994 | Bengaluru, Karnataka, India | USD 10.3 B | 126 |
Unlock complete access to The Company Check
Get unrestricted viewing across everything we track — from companies and brands to investors, funding rounds, acquisitions, financials, and more.
- Unlimited viewing on all profiles Companies, investors, financials, funding, acquisitions & directors
- Full access to every database India & global coverage, advanced filters and rich profile details
- Always-on access from your team account Single premium plan for everything you see on the portal
Frequently Asked Questions about Jaggery
Jaggery was founded in 2015.
Jaggery is headquartered in Gurugram, India. It is registered at Gurugram, Haryana, India.
The primary company behind Jaggery, Meaningful Design Labs Private Limited, reported revenue of ₹33.5 Lakh for FY 2025, up 9% year on year.
Jaggery designs and manufactures stylish bags from repurposed materials like retired car seat belts and cargo belts. Operating in India, they focus on upcycling industrial waste to prevent landfill accumulation and create jobs for underserved communities. Their products include backpacks, satchels, and totes, serving environmentally conscious consumers worldwide through online sales and collaborations.
Jaggery offers Upcycled Bags, Backpacks, and Satchels.
Jaggery operates through Meaningful Design Labs Private Limited.
The legal entities of Jaggery currently have 3 directors, including Bhawna Dandona, Gautam Malik, Usha Malik.