About Karghewale
Karghewale is a company based in Khargone (India) founded in 2020 by Ravi Sreedharan, Sourodip Ghosh, and Nivedita Rai.. The company has 12 employees as of March 23, 2024. Karghewale offers products and services including Yardages, Saris, Stoles, Shawls, and Cushion Covers. Karghewale operates in a competitive market with competitors including Frido, Jaypore, Lemonade, iGRiD and GiTAGGED, among others.
- Headquarter Khargone, India
- Employees 12 as on 23 Mar, 2024
- Founders Ravi Sreedharan, Sourodip Ghosh, Nivedita Rai
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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 Loomers India Private Limited
- Date of Incorporation 18 Dec, 2020
- Jurisdiction Maheshwar, Madhya Pradesh, India
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Annual Revenue
$56.04 K (USD)1658.47as on Mar 31, 2022
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Net Profit
$1.85 K (USD)1603.04as on Mar 31, 2022
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EBITDA
$-1.76 K (USD)-71276.47as on Mar 31, 2022
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Latest Funding Round
- Investors
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Employee Count
12
as on Mar 23, 2024
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Products & Services of Karghewale
Karghewale offers a comprehensive portfolio of products and services, including Yardages, Saris, Stoles, Shawls, and Cushion Covers. 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.
Handwoven fabrics for various uses in contemporary designs.
Traditional handwoven garments with modern patterns.
Scarfs made from sustainable handwoven materials.
Warm handwoven wraps in diverse styles.
Decorative covers from handwoven textiles.
Funding Insights of Karghewale
- Total Funding Total Funding
- Total Rounds 1
- Last Round Last Round
- First Round First Round
- Investors Count 1
| Date | Amount | Transaction Name | Valuation | Lead Investors | Investors |
|---|---|---|---|---|---|
| Mar, 2024 | Amount | Grant - Karghewale | Valuation |
investors |
| 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 Karghewale
Karghewale has secured backing from 1 investor, including institutional investors. Prominent investors backing the company include Nudge Foundation. 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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Non-profit organisation focusing on poverty alleviation
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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 Karghewale
| 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 - Karghewale
| 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 |
Karghewale Comparisons
Competitors of Karghewale
Karghewale 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 Frido, Jaypore, Lemonade, iGRiD and GiTAGGED, 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 |
Ergonomic products for pain relief and posture support are provided.
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| domain | founded_year | HQ Location |
Handcrafted and artisanal products are sold via an e-commerce platform.
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| domain | founded_year | HQ Location |
Eco-friendly multi-category products are sold online by Lemonade.
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| domain | founded_year | HQ Location |
Multi-category electronic products are sold online by iGRiD.
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| domain | founded_year | HQ Location |
Online platform for authentic GI-tagged groceries, handicrafts, and textiles.
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| Company Name | Domain | Founded year | HQ Location | Description |
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| 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 Karghewale
When was Karghewale founded?
Karghewale was founded in 2020 and raised its 1st funding round 4 years after it was founded.
Where is Karghewale located?
Karghewale is headquartered in Khargone, India. It is registered at Khargone, Madhya Pradesh, India.
How many employees does Karghewale have?
As of Mar 23, 2024, the latest employee count at Karghewale is 12.
What is the annual revenue of Karghewale?
Annual revenue of Karghewale is $56.04K as on Mar 31, 2022.
What does Karghewale do?
Karghewale was founded in 2020 and is based in Khargone, India. Operations focus on retailing handmade apparel and textiles within the fashion sector. A range of products is offered, including towels, shawls, sarees, scarves, wraps, place mats, and yardages. The company serves as a supplier of traditional handloom and craft items to industry buyers.
Who are the top competitors of Karghewale?
Karghewale's top competitors include Frido, Jaypore and India Circus.
What products or services does Karghewale offer?
Karghewale offers Yardages, Saris, Stoles, Shawls, and Cushion Covers.
Who are Karghewale's investors?
Karghewale has 1 investor. Key investors include Nudge Foundation.