Kushals

Bengaluru, India Founded: 2006 • Age: 20 yrs Minicorn
Artificial jewelry is offered by an internet-first brand.

About Kushals

Kushals is a company based in Bengaluru (India) founded in 2006 by Kushal Menghar. Kushals has raised $48.01 million across 3 funding rounds from investors including India SME Investments, Lighthouse Funds and Motilal Oswal Alternates. The company has 1,019 employees.

  • Headquarter Bengaluru, India
  • Employees 1,019
  • Founders Kushal Menghar
  • Stage Minicorn
  • Sectors
    Consumer
  • Email
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  • Phone
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  • Website kushals.com
  • Social LinkedIn X Facebook
Key Metrics
  • Annual Revenue
    $31.48 M (USD)
    33
    as on Mar 31, 2024
  • Net Profit
    $159.83 K (USD)
    -92
    as on Mar 31, 2024
  • EBITDA
    $1.31 M (USD)
    -59
    as on Mar 31, 2024
  • Total Equity Funding
    $48.01M (USD)

    in 3 rounds

  • Latest Funding Round
    $34.26M (USD), Series B

    Feb 2024

  • Investors
  • Employee Count
    1,019

Funding Insights of Kushals

Kushals has successfully raised a total of $48.01M across 3 strategic funding rounds. The most recent funding activity was a Series B round of $34.26 million completed in February 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 $48.01M
  • Total Rounds 3
  • Last Round Series B β€” $34.26M
  • First Round $2.14M

    (May 2019)

  • Investors Count 4

All 3 funding rounds of Kushals with amounts and investors; the two latest post-money valuations are shown, the rest are part of the premium plan.

DateAmountTransaction NameValuationLead InvestorsInvestors
Feb 2024$34.26MSeries B––
May 2022$11.61MSeries B$64.27M–
May 2019$2.14MSeries A$13.01MMicro Labs
Valuation history
DateValuationStage
May 2022$64.27Mβ€’β€’β€’β€’β€’β€’β€’β€’
May 2019$13.01Mβ€’β€’β€’β€’β€’β€’β€’β€’

Last known valuation $64.27M (May 2022). 4 investors in total: 4 institutional.

Investors in Kushals

Kushals has secured backing from 4 investors, including venture fund and institutional investors. Prominent investors backing the company include India SME Investments, Lighthouse Funds and Motilal Oswal Alternates.

All
Venture Fund
Institutional
InvestorDescriptionFounded YearDomainLocation
Investment funds for Indian startups are managed by Lighthouse.
–lhfunds.comMumbai, India
Private equity fund focused on multiple sectors
2019indiasmeinvestments.comMumbai, India
Motilal Oswal Alternates is engaged in alternative investment management.
–motilaloswalalt.comMumbai, India
Generics and API manufacturer
–microlabsltd.comBengaluru, India
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Investor details for Kushals

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  • Round participation
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People of Kushals

15 people are tracked at Kushals (9 in leadership, 6 in team); the tracked headcount is 1,019.

NameRoleGroup
Kushal Menghar
FounderLeadership
OwnerLeadership
Guru Sanket Biswal
Product Head - Digital CommerceLeadership
Mayur Pathak
Vice President - Ai, Product, CategoryLeadership
Dipesh Gulechha
FounderLeadership
Subin Perumarath Suresh
Head Of Information TechnologyLeadership
Ankit Gulechha
Director Of Marketing And Public RelationsLeadership
Tanvi Garde
Head Of BrandLeadership
Moka Rajesh .
Head Retail ExpansionLeadership
Santosh B
Operations Manager - WarehouseTeam
Ankur Sharma
Senior SEO ManagerTeam
Maanasa Bharadwaj
Brand ManagerTeam
Keerti Shukla
Senior Manager-visual MerchandisingTeam
Punith Bm
Project ManagerTeam
Chandrashekhar Hiremath
Assistant Marketing ManagerTeam
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Complete people profiles for Kushals

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Timeline of Kushals

4 dated milestones of Kushals across 18 years, from founding to its latest funding, stage changes and deals.

  1. Founded Kushals is founded.
  2. Funding First funding round of $2.1M.
  3. Milestone Reaches Minicorn status.
  4. Funding Latest funding round, Series B, of $34.3M.

Web traffic of Kushals

The website of Kushals (kushals.com) receives about 1.7M visits a month.

  • Monthly visits
    1.7M

    ▼ 14.8% vs previous month

Similar websites

Websites whose visitors overlap most with Kushals. Affinity shows how closely the audiences match.

WebsiteDomainAudience affinityMonthly visitsGlobal rankProfile
caratlane.com
100%
5.1M#10,738View details
rubans.in
100%
596.2K#91,648View details
voylla.com
96%
99.4K#347,159View details
griiham.in
90%
13.6K#1,871,452View details
aadyaa.com
88%
89.6K#388,279View details
β€’β€’β€’β€’β€’β€’β€’β€’β€’β€’β€’β€’β€’β€’β€’β€’.comβ€’β€’%β€’.β€’M#‒‒‒‒‒–
β€’β€’β€’β€’β€’β€’β€’β€’β€’β€’β€’β€’β€’β€’β€’β€’.comβ€’β€’%β€’.β€’M#‒‒‒‒‒–
β€’β€’β€’β€’β€’β€’β€’β€’β€’β€’β€’β€’β€’β€’β€’β€’.comβ€’β€’%β€’.β€’M#‒‒‒‒‒–
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All 40 similar websites and full traffic analytics for Kushals

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  • Audience overlap
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Latest news on Kushals

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Complete news archive for Kushals

Full article history, source details, and older brand coverage require an active premium plan.

  • Full article archive
  • Source and publication date
  • Older coverage
  • Brand-specific news history

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Similar companies to Kushals

10 companies that operate in the same segment as Kushals (Fashion & Lifestyle Products), ranked by their profile score on The Company Check.

CompanyDescriptionFoundedLocationTotal fundingRevenueEmployees
Luxury goods, jewelry, watches, and fashion accessories are retailed globally.
1988Geneve, Geneve, Switzerland–USD 26.07 B–
Jewellery is retailed via stores and an online platform.
1993Thrissur, Kerala, IndiaUSD 321.03 MUSD 3.81 B12,530
Fine jewelry brand
1994Bengaluru, Karnataka, India–USD 6.03 B7,331
Company offering diverse collection of watches for men, women, and children, featuring various styles from formal to casual
1984Bengaluru, Karnataka, India–USD 9.32 B17,820
Cowboy boots, western wear, and workwear are retailed by BootBarn.
1978Irvine, California, United States–USD 2.25 B10,400
Internet first brand of fashion products for men and women
1999London, England, United Kingdom–USD 3.31 B3,210
Retail jewellery store offering multiple gold and silver products
1991Madurai, Tamil Nadu, India–USD 905.85 M3,090
Retailer of gold, diamond, platinum jewellery, coins and bars for men and women
1994Kolkata, West Bengal, IndiaUSD 13.01 MUSD 898.49 M2,900
Women's footwear, bags, and accessories are designed and retailed.
1996Singapore, SingaporeUSD 30 M––
Internet first brand offering apparel wear for men and women
1981New York, New York, United States–USD 3.47 B14,200
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Frequently Asked Questions about Kushals

Kushals was founded in 2006 and raised its 1st funding round 13 years after it was founded.

Kushals is headquartered in Bengaluru, India. It is registered at Bengaluru, Karnataka, India.

Kushals is a funded company, having raised a total of $48.01M across 3 funding rounds to date. The company's 1st funding round was a Series A of $2.14M, raised on May 2019.

Kushals has 1,019 employees.

Annual revenue of Kushals is $31.48M as on Mar 31, 2024.

Kushals was founded in 2006 in Bengaluru, India, and operates as an online retailer in the artificial jewelry sector. A variety of products is provided, including necklaces, earrings, bangles, bracelets, rings, nose pins, bridal sets, occasion pieces, and silver items. Traditional, contemporary, and celebrity-inspired designs are made available to diverse customers through the digital platform kushals.com.

Kushals has 4 investors. Key investors include India SME Investments, Lighthouse Funds, Motilal Oswal Alternates, and Micro Labs.

The valuation of Kushals is $64.27M as of May 2022.

The website of Kushals receives about 1.7 million visits a month.

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