About Kaarigar Mandi
Kaarigar Mandi is a company based in Agra (India) founded in 2017 by Hifza Afaq, Ankit Kumar, and Gagan Mukhi.. Kaarigar Mandi has raised $209.71 thousand across 1 funding round from investors including IIMCIP, Kyt Ventures and Upaya Social Ventures. Kaarigar Mandi offers products and services including Footwear Manufacturing Services, Custom Designing, and Sustainable Materials Supply. Kaarigar Mandi operates in a competitive market with competitors including Fibre2Fashion, Zoomtail, Sarafa Bazar, XSTOK and BizUp, among others.
- Headquarter Agra, India
- Founders Hifza Afaq, Ankit Kumar, Gagan Mukhi
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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 Shoegaro Fashions Private Limited
- Date of Incorporation 04 Jul, 2019
- Jurisdiction Agra, Uttar Pradesh, India
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Annual Revenue
$188.01 K (USD)38.56as on Mar 31, 2023
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Net Profit
$-26.41 K (USD)-40.82as on Mar 31, 2023
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EBITDA
$-10.08 K (USD)-346.39as on Mar 31, 2023
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Total Equity Funding
$209.71 K (USD)
in 1 rounds
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Latest Funding Round
$209.71 K (USD), Seed
Mar 26, 2024
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Investors
IIMCIP
& 3 more
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Employee Count
Employee Count
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Products & Services of Kaarigar Mandi
Kaarigar Mandi offers a comprehensive portfolio of products and services, including Footwear Manufacturing Services, Custom Designing, and Sustainable Materials Supply. The company's diverse product and service offerings are designed to meet the evolving needs of its customers, address market demands, and provide comprehensive solutions that drive value creation and customer satisfaction across various segments and use cases.
Services for bulk sourcing and design of footwear products
Tailored footwear designs based on client specifications
Provision of eco-friendly materials for footwear production
Funding Insights of Kaarigar Mandi
Kaarigar Mandi has successfully raised a total of $209.71K through 1 strategic funding round. The most recent funding activity was a Seed round of $209.71 thousand completed in March 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 — $209,710
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First Round
First Round
(26 Mar 2024)
- Investors Count 4
| Date | Amount | Transaction Name | Valuation | Lead Investors | Investors |
|---|---|---|---|---|---|
| Mar, 2024 | Amount | Seed - Kaarigar Mandi | Valuation | Kyt Ventures , Upaya Social Ventures |
| Date | Amount | Transaction Name | Valuation | Lead Investors | Investors |
|---|---|---|---|---|---|
| Jul, 2021 | Amount | Post-IPO - Grab | Valuation |
investors |
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| Feb, 2021 | Amount | Post-IPO - Grab | Valuation |
investors |
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| Jan, 2021 | Amount | Post-IPO - Grab | Valuation |
investors |
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| Feb, 2021 | Amount | Post-IPO - Grab | Valuation |
investors |
Investors in Kaarigar Mandi
Kaarigar Mandi has secured backing from 4 investors, including venture fund investors. Prominent investors backing the company include IIMCIP, Kyt Ventures and Upaya Social Ventures. This diverse investor base provides strategic capital, industry expertise, and valuable network connections that support the company's growth initiatives, market expansion, and long-term value creation.
| Investor | Description | Founded Year | Domain | Location |
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Angel investing and support services are offered to early-stage startups in technology, healthcare, and other sectors.
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Founded Year | Domain | Location | |
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Startup acceleration programs and seed financing are provided in India.
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Founded Year | Domain | Location | |
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Early-stage tech startups are supported via venture capital and acceleration.
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Founded Year | Domain | Location |
| Investor | Description | Founded Year | Domain | Location |
|---|---|---|---|---|
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Single family office of Amitabh Bachchan, founder of Amitabh Bachchan Corporation or AB CORP
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Founded Year | Domain | Location | |
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Startup ecosystems are ignited through strategic investments by Signite Partners.
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Founded Year | Domain | Location | |
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Venture capital is directed toward companies in multiple sectors.
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Founded Year | Domain | Location | |
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Venture capital is invested in cybersecurity, fintech, and AI startups.
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Founded Year | Domain | Location |
Investments & Acquisitions by Kaarigar Mandi
| Company Name | Description | Domain | Location | Founded Year | Amount |
|---|---|---|---|---|---|
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Bionic investment advisor platform
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2016 | ||||
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Fine Asian gourmet food is offered by an internet-first restaurant.
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2016 | ||||
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Physical e-commerce kiosks are deployed for rural purchases in Indonesia.
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2014 | ||||
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Fine Asian gourmet food is offered by an internet-first restaurant.
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2016 |
Financial Statements - Kaarigar Mandi
| Date | Amount | Transaction Name | Valuation | Lead Investors | Investors |
|---|---|---|---|---|---|
| Jul, 2021 | Amount | Post-IPO - Grab | Valuation |
investors |
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| Feb, 2021 | Amount | Post-IPO - Grab | Valuation |
investors |
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| Jan, 2021 | Amount | Post-IPO - Grab | Valuation |
investors |
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| Feb, 2021 | Amount | Post-IPO - Grab | Valuation |
investors |
Kaarigar Mandi Comparisons
Competitors of Kaarigar Mandi
Kaarigar Mandi 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 Fibre2Fashion, Zoomtail, Sarafa Bazar, XSTOK and BizUp, among others. This competitive environment drives innovation, market differentiation, and strategic positioning as companies strive to capture market share and deliver value to their customers. Understanding the competitive dynamics is crucial for assessing market positioning, identifying growth opportunities, and navigating the challenges inherent in a competitive marketplace.
| Company Name | Domain | Founded year | HQ Location | Description |
|---|---|---|---|---|
| domain | founded_year | HQ Location |
B2B marketplace for textile and fashion sourcing is operated.
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| domain | founded_year | HQ Location |
Manages a B2B digital marketplace for multi-category fashion products.
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| domain | founded_year | HQ Location |
Online B2B marketplace for jewelry items is operated.
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| domain | founded_year | HQ Location |
Auction-based marketplace platform offering B2B textile
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| domain | founded_year | HQ Location |
Fashion B2B wholesale is enabled via zero-commission video shopping app.
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| Company Name | Domain | Founded year | HQ Location | Description |
|---|---|---|---|---|
| domain | founded_year | HQ Location |
Multiple services are booked via an app-based platform.
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| domain | founded_year | HQ Location |
On-demand services are booked through an app-based platform.
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| domain | founded_year | HQ Location |
App based platform offering on demand delivery and ride-hailing services
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| domain | founded_year | HQ Location |
Operates an on-demand hyperlocal delivery app for food and groceries.
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Frequently Asked Questions about Kaarigar Mandi
When was Kaarigar Mandi founded?
Kaarigar Mandi was founded in 2017 and raised its 1st funding round 7 years after it was founded.
Where is Kaarigar Mandi located?
Kaarigar Mandi is headquartered in Agra, India. It is registered at Agra, Uttar Pradesh, India.
Who is the current CEO of Kaarigar Mandi?
Ankit Kumar is the current CEO of Kaarigar Mandi. They have also founded this company.
Is Kaarigar Mandi a funded company?
Kaarigar Mandi is a funded company, having raised a total of $209.71K across 1 funding round to date. The company's 1st funding round was a Seed of $209.71K, raised on Mar 26, 2024.
What is the annual revenue of Kaarigar Mandi?
Annual revenue of Kaarigar Mandi is $188.01K as on Mar 31, 2023.
What does Kaarigar Mandi do?
Kaarigar Mandi was established in 2017 in Agra, India, as a B2B marketplace focused on the footwear sector. Manufacturers are linked through the platform to facilitate trade in products for men and women, such as slippers, wedges, lace-ups, slip-ons, and casual shoes. Operations center on enabling wholesale transactions within the Indian footwear industry, with the domain kaarigarmandi.in serving as the primary online interface.
Who are the top competitors of Kaarigar Mandi?
Kaarigar Mandi's top competitors include Fibre2Fashion, Zoomtail and BizUp.
What products or services does Kaarigar Mandi offer?
Kaarigar Mandi offers Footwear Manufacturing Services, Custom Designing, and Sustainable Materials Supply.
Who are Kaarigar Mandi's investors?
Kaarigar Mandi has 4 investors. Key investors include IIMCIP, Kyt Ventures, Upaya Social Ventures, and IIMA Ventures.