MadBow

Gurugram, India Founded: 2016 • Age: 10 yrs Minicorn
Multi-category fashion products are discovered via online content-driven platform.

About MadBow

MadBow is a company based in Gurugram (India) founded in 2016 by Naveen Mahlawat. MadBow has raised $2.14 million across 2 funding rounds from investors including Planify, Junita Majumder and Bhumika Srivastava. The company has 39 employees. MadBow operates in a competitive market with competitors including Ador, Bonsai, WhoWhatWear, Clique Brands and deSwag, among others.

  • Headquarter Gurugram, India
  • Employees 39
  • Founders Naveen Mahlawat
  • Stage Minicorn
  • Sectors
    Retail
  • Email
    β€’β€’β€’β€’β€’β€’β€’β€’
  • Website madbow.com
  • Social X Facebook
  • Legal Name Madbow Ventures Limited
  • Date of Incorporation 13 Jun, 2017
  • Jurisdiction Gurgaon, Haryana, India
Key Metrics
  • Annual Revenue
    ₹17.40 Cr

    FY 2021 · +19% YoY

  • Net Profit
    ₹55.6 Lakh

    FY 2021 · 3% margin

  • EBITDA
    ₹86.3 Lakh

    FY 2021 · 5% margin

  • Total Equity Funding
    $2.14M (USD)

    in 2 rounds

  • Latest Funding Round
    $140.62K (USD), Series A

    Mar 2022

  • Investors
    Planify

    & 6 more

  • Employee Count
    39

Funding Insights of MadBow

MadBow has successfully raised a total of $2.14M across 2 strategic funding rounds. The most recent funding activity was a Series A round of $140.62 thousand completed in March 2022. 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 $2.14M
  • Total Rounds 2
  • Last Round Series A β€” $140,623
  • First Round $2M

    (Jan 2022)

  • Investors Count 7

All 2 funding rounds of MadBow with amounts and investors; the two latest post-money valuations are shown, the rest are part of the premium plan.

DateAmountTransaction NameValuationLead InvestorsInvestors
Mar 2022$140,623Series A$4.35MPlanify
–
Jan 2022$2MSeries A–Planify
Valuation history
DateValuationStage
Mar 2022$4.35Mβ€’β€’β€’β€’β€’β€’β€’β€’

Last known valuation $4.35M (Mar 2022). 7 investors in total: 1 institutional and 6 angel.

Investors in MadBow

MadBow has secured backing from 7 investors, including institutional and angel investors. Prominent investors backing the company include Planify, Junita Majumder and Bhumika Srivastava.

All
Institutional
Angel
InvestorDescriptionFounded YearDomainLocation
Private equity marketplace for startup investments is operated.
2017planify.inGurugram, India

Junita Majumder

-
–unknown_6ca01e9bda7346198-

Bhumika Srivastava

-
–unknown_3f6e1a67291e40cb9-

Sanjay Damani

-
–unknown_2b947ba61eff4ea2b-

Jagannath MS

-
–unknown_10e338f7c5114b5c8-

Bhagya Lakshmi Inti

-
–unknown_a12051c4e4e14072a-

Pranab Dutta

-
–unknown_28c06f7393c84379b-
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Investor details for MadBow

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Board of directors of Madbow Ventures Limited (MadBow)

Madbow Ventures Limited is the primary company behind MadBow. The board of Madbow Ventures Limited currently have 3 directors; the longest-serving is Naveen Kumar Mahlawat, appointed in 2017. 3 earlier directors have ceased.

DirectorDesignationAppointedTenureEntity
Naveen Kumar Mahlawat
DIN 07728920
Director13 Jun 20179 yrs 3 moMadbow Ventures Limited
Mohit
DIN 07728158
Director13 Jun 20179 yrs 3 moMadbow Ventures Limited
Dharmendra Kumar
DIN 09328392
Additional Director01 Jul 20224 yrs 3 moMadbow Ventures Limited

People of MadBow

1 people are tracked at MadBow (1 in leadership); the tracked headcount is 39.

NameRoleGroup
Founder & CEOLeadership
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Financials of MadBow

Figures of Madbow Ventures Limited, the primary company behind MadBow, for FY 2021. Revenue was ₹17.40 Cr (+19% year on year). Net profit was ₹55.6 Lakh (3% margin). EBITDA was ₹86.3 Lakh (5% margin). Revenue has grown at a compounded annual rate of +155% over three years.

  • ₹17.40 CrRevenue · FY 2021 · +19% YoY
  • ₹55.6 LakhNet profit · 3% margin
  • ₹86.3 LakhEBITDA · 5% margin
  • ₹1.58 CrPaid-up capital
  • 39Employees (provident fund records)
  • +155%Revenue CAGR, 3 years

Balance sheet, profit and loss, cash flow and ratios of Madbow Ventures Limited are on its company page.

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Detailed financial statements for MadBow

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Timeline of MadBow

4 dated milestones of MadBow across 6 years, from founding to its latest funding, stage changes and deals.

  1. Founded MadBow is founded.
  2. Funding First funding round of $2.0M.
  3. Funding Latest funding round, Series A, of $141K.
  4. Milestone Reaches Minicorn status.

Competitors of MadBow

MadBow 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 Ador, Bonsai, WhoWhatWear, Clique Brands and deSwag, among others.

Company NameDomainFoundedHQ LocationTotal fundingEmployeesDescription
ador.com2009London, United Kingdom$56.5M–
Shoppable digital magazine
shopbonsai.ca2016Toronto, Canada$22.38M–
Men's fashion is discovered and retailed through influencer-curated content platform.
whowhatwear.com2006Los Angeles, United States$9.7M244
Premium, shoppable fashion and style content is delivered online.
cliquebrands.com2006Los Angeles, United States$23.13M121
Internet first brand of casual and formal apparel wear for women
deswag.com2015Roncade, Italy––
Fashion discovery and purchases are enabled via a mobile game.
topfloor.com2012Santa Monica, United States$6M–
Multi-category fashion products are discovered via online content platform.
toplog.co.jp2014Chiba, Japan$4M–
Fashion media company
pickie.com2012New York, United States$1M–
Personalized iPad magazine is provided for direct shopping from content.
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Detailed competitors of MadBow

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  • Operating metrics
  • Benchmarks
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Latest news on Madbow

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Complete news archive for MadBow

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Similar companies to MadBow

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

CompanyDescriptionFoundedLocationTotal fundingRevenueEmployees
Eyewear is offered online for men, women, and kids.
2010Gurugram, Haryana, IndiaUSD 1.08 BUSD 939.4 M–
Fashion and lifestyle products are offered via an online marketplace.
2007Bengaluru, Karnataka, IndiaUSD 123.71 MUSD 542.17 M1,108
Gold and silver jewellery, lab-grown diamonds, and accessories are retailed.
2019Bengaluru, Karnataka, IndiaUSD 142.34 MUSD 32.66 M711
Photo editing and sharing apps are developed by Meitu.
2008Xiamen, Fujian, ChinaUSD 525 MUSD 536.99 M2,420
Subscription-based jewelry is provided by digital-first brand BlueStone.
2011Bengaluru, Karnataka, IndiaUSD 254.97 MUSD 259.64 M3,210
Men's fashion apparel is offered online by Bonobos.
2007New York, New York, United StatesUSD 127.67 M––
Metabolic health is tracked via devices and fitness platforms.
2019Bengaluru, Karnataka, IndiaUSD 163.28 MUSD 65.48 M274
Pre-owned fashion products are sold via an online marketplace.
2008Vilnius, LithuaniaUSD 872.04 M––
Online rental platform offering multi-category fashion products and accessories
2009New York, New York, United StatesUSD 326.35 MUSD 306.2 M850
Customizable smart lock screen experiences are developed for mobile devices.
2019Bengaluru, Karnataka, IndiaUSD 390 M––
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Frequently Asked Questions about MadBow

MadBow was founded in 2016 and raised its 1st funding round 6 years after it was founded.

MadBow is headquartered in Gurugram, India. It is registered at Gurugram, Haryana, India.

Naveen Mahlawat is the current CEO of MadBow. They have also founded this company.

MadBow is a funded company, having raised a total of $2.14M across 2 funding rounds to date. The company's 1st funding round was a Series A of $2M, raised on Jan 2022.

MadBow has 39 employees.

The primary company behind MadBow, Madbow Ventures Limited, reported revenue of β‚Ή17.40 Cr for FY 2021, up 19% year on year.

MadBow was founded in 2016 and is based in Gurugram, India. An online content-driven discovery platform is provided for multi-category fashion products in the e-commerce sector. The product catalog encompasses apparel, footwear, jewelry, hats, eyewear, watches, handbags, wallets, and additional items. Operations focus on facilitating user discovery through content integration across these categories.

MadBow's top competitors include Ador, Bonsai and WhoWhatWear.

MadBow has 7 investors. Key investors include Planify, Junita Majumder, Bhumika Srivastava, Sanjay Damani, and Jagannath MS.

The valuation of MadBow is $4.35M as of Mar 2022.

MadBow operates through Madbow Ventures Limited.

The legal entities of MadBow currently have 3 directors, including Dharmendra Kumar, Naveen Kumar Mahlawat, Mohit.

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