About Krate
Krate is a company based in Hyderabad (India) founded in 2016. Krate has raised $97.62 thousand across 2 funding rounds from investors including Silpa Kode, Santish Bollina and Aneesh Kode. Krate operates in a competitive market with competitors including OhLook, Clothist and GetSty, among others.
- Headquarter Hyderabad, India
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Sectors
Retail
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Email
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Phone
Locked
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Website
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Social
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- Legal Name Krate Fashion Technologies Private Limited
- Date of Incorporation 10 Oct, 2016
- Jurisdiction Hyderabad, Telangana, India
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Annual Revenue
$25.71 K (USD)-65.42as on Mar 31, 2022
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Net Profit
-$107.28 K (USD)-211.5as on Mar 31, 2022
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EBITDA
-$86.37 K (USD)-169.41as on Mar 31, 2022
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Total Equity Funding
$97.62 K (USD)
in 2 rounds
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Latest Funding Round
$97.62 K (USD), Angel Round
Aug 28, 2019
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Investors
Axilor Accelerator
& 3 more
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Employee Count
Not available
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Funding Insights of Krate
Krate has successfully raised a total of $97.62K across 2 strategic funding rounds. The most recent funding activity was a Angel Round of $97.62 thousand completed in August 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.
Investors in Krate
Krate has secured backing from 4 investors, including angel and institutional investors. Prominent investors backing the company include Silpa Kode, Santish Bollina and Aneesh Kode.
| Investor | Description | Founded Year | Domain | Location |
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Tech startups are supported via VC-backed acceleration programs.
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SK
Silpa Kode |
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SB
Santish Bollina |
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Investor details for Krate
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Investments & Acquisitions by Krate
Investment portfolio details for Krate
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Financial Statements - Krate
Detailed financials for Krate
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Krate Comparisons
Peer comparison for Krate
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Competitors of Krate
Krate 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 OhLook, Clothist and GetSty, among others.
| Company Name | Domain | Founded year | HQ Location | Description |
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| Locked | Locked | Locked |
Weekly branded shirt packs are delivered to men via subscription.
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Provides personalized at-home fashion solutions tailored for men.
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Men's clothing is handpicked by stylists after style surveys.
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Detailed competitors of Krate
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Latest news on Krate
Complete news archive for Krate
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Frequently Asked Questions about Krate
Krate was founded in 2016 and raised its 1st funding round 2 years after it was founded.
Krate is headquartered in Hyderabad, India. It is registered at Hyderabad, Telangana, India.
Krate is a funded company, having raised a total of $97.62K across 2 funding rounds to date.
Annual revenue of Krate is $25.71K as on Mar 31, 2022.
Founded in 2016 in Hyderabad, India, Krate operates as a subscription platform in the mens fashion sector. Users are required to register and complete a fashion quiz to specify styling preferences. A personal stylist is then assigned to each user for tailored curation. Monthly boxes containing 2-3 handpicked items are provided for approximately INR 1500, covering both consultation and delivery. Subscriptions can be canceled at any time.
Krate has 4 investors. Key investors include Silpa Kode, Santish Bollina, Aneesh Kode, and Axilor Accelerator.
The valuation of Krate is $777.06K as of Aug 2019.