About Lyngum
Lyngum is a Retail company based in Mumbai (India) founded in 2018 by Akanksha Bector and Bhupendra Chaudhary. Multi-category handcrafted products are sold via an online marketplace. Its Indian entity Lyngum Innovations Private Limited reported revenue of ₹2.6 Lakh. Its focus areas include Horizontal E-Commerce and Marketplace. Similar companies include Flipkart, Myntra and Nykaa; 3 of its 3 listed similar companies have raised funding.
Company details
Founded in 2018 in Mumbai, India, an online marketplace is maintained for handcrafted items across various categories, including fashion accessories, jewelry, metal art, home decor, wooden toys, and sculptures. Bulk orders are facilitated alongside individual purchases. Operations focus on connecting artisans with buyers in the e-commerce sector for artisanal goods.
- Headquarters Mumbai, India
- Founders Akanksha Bector, Bhupendra Chaudhary
- SectorsRetail
- Email••••••••
- Phone•••• ••••
- Website lyngum.com
- Social LinkedIn X Facebook Instagram
- Legal Name Lyngum Innovations Private Limited
- Date of Incorporation 27 Apr, 2018
- Jurisdiction Navi Mumbai, Maharashtra, India
- Annual Revenue₹2.6 Lakh
FY 2024 · +48% YoY
- Net Loss-₹2.9 Lakh
FY 2024 · -113% margin
- EBITDA-₹4 Lakh
FY 2024 · -156% margin
Associated legal entities of Lyngum
Lyngum operates through Lyngum Innovations Private Limited (active). Its filings, financials, charges and directors are on the company page.
| Legal entity | Status | Incorporated | Registered in | Revenue (FY 2024) | Employees | Directors | Company page |
|---|---|---|---|---|---|---|---|
| Lyngum Innovations Private Limited CIN U74999MH2018PTC308693 | Active | 27 Apr 2018 | Navi Mumbai, Maharashtra | ₹0.0 Cr | 3 | View details |
Board of directors of Lyngum Innovations Private Limited (Lyngum)
Lyngum Innovations Private Limited is the primary company behind Lyngum. The board of Lyngum Innovations Private Limited currently have 3 directors; the longest-serving is Bhupendra Suresh Chaudhary, appointed in 2018. 1 earlier director has ceased.
| Director | Designation | Appointed | Tenure | Entity |
|---|---|---|---|---|
| Bhupendra Suresh Chaudhary DIN 07258484 | Director | 27 Apr 2018 | 8 yrs 6 mo | Lyngum Innovations Private Limited |
| Akanksha Bector DIN 07876194 | Director | 27 Apr 2018 | 8 yrs 6 mo | Lyngum Innovations Private Limited |
| Sonali Galhotra DIN 07494276 | Director | 24 Dec 2019 | 6 yrs 10 mo | Lyngum Innovations Private Limited |
People of Lyngum
2 people are tracked at Lyngum (2 in leadership).
| Name | Role | Group |
|---|---|---|
| Co-Founder | Leadership | |
| Co-Founder | Leadership |
Complete people profiles for Lyngum
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Financials of Lyngum
Figures of Lyngum Innovations Private Limited, the primary company behind Lyngum, for FY 2024. Revenue was ₹2.6 Lakh (+48% year on year). Net loss was -₹2.9 Lakh (-113% margin). EBITDA was -₹4 Lakh (-156% margin). Revenue has grown at a compounded annual rate of +52% over three years.
- ₹2.6 LakhRevenue · FY 2024 · +48% YoY
- -₹2.9 LakhNet loss · -113% margin
- -₹4 LakhEBITDA · -156% margin
- ₹1 LakhPaid-up capital
- +52%Revenue CAGR, 3 years
Balance sheet, profit and loss, cash flow and ratios of Lyngum Innovations Private Limited are on its company page.
Detailed financial statements for Lyngum
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- Downloads
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Similar companies to Lyngum
Lyngum has 3 listed similar companies in our database, 3 of them funded. They include Flipkart, Myntra and Nykaa.
| Company Name | Domain | Founded | HQ Location | Total funding | Employees | Description |
|---|---|---|---|---|---|---|
| flipkart.com | 2007 | Bengaluru, India | $12.12B | 8,446 | Multi-category consumer products are offered via an online marketplace platform. | |
| myntra.com | 2007 | Bengaluru, India | $123.71M | 1,119 | Fashion and lifestyle products are offered via an online marketplace. | |
| nykaa.com | 2012 | Mumbai, India | $88.91M | 7,053 | Cosmetics, skincare, haircare, and wellness products are retailed online. |
Detailed similar companies of Lyngum
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- Full competitor set
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Top companies in Marketplaces & General E-Commerce
2 companies that operate in the same segment as Lyngum (Marketplaces & General E-Commerce) in India, ranked by their profile score on The Company Check.
| Company | Description | Founded | Location | Total funding | Revenue | Employees |
|---|---|---|---|---|---|---|
Multi-category consumer products are offered via an online marketplace platform. | 2007 | Bengaluru, Karnataka, India | USD 12.12 B | USD 9.83 B | 18,938 | |
Fashion and lifestyle products are offered via an online marketplace. | 2007 | Bengaluru, Karnataka, India | USD 123.71 M | USD 639.15 M | 1,031 |
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Frequently Asked Questions about Lyngum
Lyngum was founded in 2018.
Lyngum is headquartered in Mumbai, India. It is registered at Mumbai, Maharashtra, India.
The primary company behind Lyngum, Lyngum Innovations Private Limited, reported revenue of ₹2.6 Lakh for FY 2024, up 48% year on year.
Founded in 2018 in Mumbai, India, an online marketplace is maintained for handcrafted items across various categories, including fashion accessories, jewelry, metal art, home decor, wooden toys, and sculptures. Bulk orders are facilitated alongside individual purchases. Operations focus on connecting artisans with buyers in the e-commerce sector for artisanal goods.
Lyngum operates through Lyngum Innovations Private Limited.
The legal entities of Lyngum currently have 3 directors, including Bhupendra Suresh Chaudhary, Akanksha Bector, Sonali Galhotra.