About Mandala Apparels
Mandala Apparels is a Retail company based in Puducherry (India) founded in 2006 by Aurofilio Schiavina. Organic apparel and accessories are manufactured and exported ethically. Mandala Apparels has raised $1.47 million across 2 funding rounds from investors including Aavishkaar Capital and Jyoti Cariappa Saikia. The company has 240 employees. Mandala Apparels was last valued at $2.25 million in October 2016. Mandala Apparels offers products and services including Men’s Wear, Women’s Wear, Kid’s Wear, Accessories, and Home Furnishings. Its focus areas include Consumer Goods, Apparel Brands, Casual Wear and Multi category. Its legal entity in India is Mandala Apparels Private Limited (U18109PY2009PTC002290). Its competitors include Hopscotch, Bewakoof and Styched; 3 of its 3 listed competitors have raised funding.
Company details
Mandala Apparels was established in 2006 in Puducherry, India, as a Fair Trade certified entity focused on organic apparel, home furnishings, and accessories. Local handloom workers are employed in the manufacturing process, which emphasizes ethical and environmentally responsible practices. Products are exported to markets in Europe and North America, with operations centered on accountable business standards.
- Headquarters Puducherry, India
- Employees 240
- Founders Aurofilio Schiavina
- Stage Minicorn
- SectorsRetail
- Website mandalaapparels.com
- Social LinkedIn Facebook
- Legal Name Mandala Apparels Private Limited
- Date of Incorporation 16 Apr, 2009
- Jurisdiction Puducherry, India
- Annual Revenue₹2,584
FY 2024 · +6% YoY
- Net Loss-₹12,416
FY 2024 · -480% margin
- EBITDA-₹12,416
FY 2024 · -480% margin
- Total Equity Funding$1.47M (USD)
in 2 rounds
- Latest Funding Round$450.56K (USD), Seed
Oct 2016
- InvestorsAavishkaar Capital
& 1 more
- Employee Count240
Associated legal entities of Mandala Apparels
Mandala Apparels operates through Mandala Apparels 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 |
|---|---|---|---|---|---|---|---|
| Mandala Apparels Private Limited CIN U18109PY2009PTC002290 | Active | 16 Apr 2009 | Puducherry, Puducherry | ₹0.0 Cr | 240 | 2 | View details |
Products & Services of Mandala Apparels
Mandala Apparels offers a comprehensive portfolio of products and services, including Men’s Wear, Women’s Wear, Kid’s Wear, Accessories, and Home Furnishings.
Sustainable clothing line for men with ethical materials
Sustainable fashion options for women using organic fibers
Ethical clothing for children made from eco-materials
Eco-friendly accessories designed for everyday use
Sustainable home items produced with fair trade practices
Funding Insights of Mandala Apparels
Mandala Apparels has successfully raised a total of $1.47M across 2 strategic funding rounds. The most recent funding activity was a Seed round of $450.56 thousand completed in October 2016. 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 $1.47M
- Total Rounds 2
- Last Round Seed — $450,555
- First Round $1.02M
(Dec 2013)
- Investors Count 2
All 2 funding rounds of Mandala Apparels with amounts and investors; the two latest post-money valuations are shown, the rest are part of the premium plan.
| Date | Amount | Transaction Name | Valuation | Lead Investors | Investors |
|---|---|---|---|---|---|
| Oct 2016 | $450,555 | Seed | $2.25M | Aavishkaar Capital | – |
| Dec 2013 | $1.02M | Seed | $2.1M | Aavishkaar Capital |
| Date | Valuation | Stage |
|---|---|---|
| Oct 2016 | $2.25M | •••••••• |
| Dec 2013 | $2.1M | •••••••• |
Last known valuation $2.25M (Oct 2016). 2 investors in total: 1 institutional and 1 angel.
Investors in Mandala Apparels
Mandala Apparels has secured backing from 2 investors, including venture fund and angel investors. Prominent investors backing the company include Aavishkaar Capital and Jyoti Cariappa Saikia.
| Investor | Description | Founded Year | Domain | Location |
|---|---|---|---|---|
Venture capital firm | aavishkaarcapital.in | Mumbai, India | ||
JC Jyoti Cariappa Saikia | unknown_c55bbc57b9554d1ba |
Investor details for Mandala Apparels
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Board of directors of Mandala Apparels Private Limited (Mandala Apparels)
Mandala Apparels Private Limited is the primary company behind Mandala Apparels. The board of Mandala Apparels Private Limited currently have 2 directors; the longest-serving is Anjali Sachiavina, appointed in 2009. 6 earlier directors have ceased.
| Director | Designation | Appointed | Tenure | Entity |
|---|---|---|---|---|
| Anjali Sachiavina DIN 02488883 | Managing Director | 16 Apr 2009 | 17 yrs 6 mo | Mandala Apparels Private Limited |
| Aurofilio Schiavina DIN 00117492 | Director | 16 Apr 2009 | 17 yrs 6 mo | Mandala Apparels Private Limited |
People of Mandala Apparels
1 people are tracked at Mandala Apparels (1 in leadership); the tracked headcount is 240.
| Name | Role | Group |
|---|---|---|
| Co-Founder | Leadership |
Complete people profiles for Mandala Apparels
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Verified entity values are shown only after access is granted.
Financials of Mandala Apparels
Figures of Mandala Apparels Private Limited, the primary company behind Mandala Apparels, for FY 2024. Revenue was ₹2,584 (+6% year on year). Net loss was -₹12,416 (-480% margin). EBITDA was -₹12,416 (-480% margin). Revenue has grown at a compounded annual rate of -89% over three years and -83% over five years.
- ₹2,584Revenue · FY 2024 · +6% YoY
- -₹12,416Net loss · -480% margin
- -₹12,416EBITDA · -480% margin
- ₹2.45 CrPaid-up capital
- 240Employees (provident fund records)
- -89%Revenue CAGR, 3 years
- -83%Revenue CAGR, 5 years
Balance sheet, profit and loss, cash flow and ratios of Mandala Apparels Private Limited are on its company page.
Detailed financial statements for Mandala Apparels
Statement rows, ratios, five-year trends and downloadable financials of the group companies require an active premium plan.
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Timeline of Mandala Apparels
4 dated milestones of Mandala Apparels across 10 years, from founding to its latest funding, stage changes and deals.
- Founded Mandala Apparels is founded.
- Funding First funding round of $1.0M.
- Milestone Reaches Minicorn status.
- Funding Latest funding round, Seed, of $451K.
Competitors of Mandala Apparels
Mandala Apparels has 3 listed competitors in our database, 3 of them funded. They include Hopscotch, Bewakoof and Styched.
| Company Name | Domain | Founded | HQ Location | Total funding | Employees | Description |
|---|---|---|---|---|---|---|
| hopscotch.in | 2012 | Thane, India | $71M | 109 | Apparel and accessories for children are provided online. | |
| bewakoof.com | 2011 | Mumbai, India | $39.49M | 161 | Multi-category fashion products are sold by an internet-first brand. | |
| styched.in | 2019 | Bengaluru, India | $925,098 | Multi-category fashion for men and women is offered online. |
Detailed competitors of Mandala Apparels
The full competitor set, operating metrics and side-by-side benchmarks require an active premium plan.
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Top companies in Fashion & Lifestyle E-Commerce
3 companies that operate in the same segment as Mandala Apparels (Fashion & Lifestyle E-Commerce) in India, ranked by their profile score on The Company Check.
| Company | Description | Founded | Location | Total funding | Revenue | Employees |
|---|---|---|---|---|---|---|
Eyewear is offered online for men, women, and kids. | 2010 | Gurugram, Haryana, India | USD 1.04 B | USD 939.4 M | 18,984 | |
Fashion and lifestyle products are offered via an online marketplace. | 2007 | Bengaluru, Karnataka, India | USD 123.71 M | USD 542.17 M | 1,108 | |
Gold and silver jewellery, lab-grown diamonds, and accessories are retailed. | 2019 | Bengaluru, Karnataka, India | USD 142.34 M | USD 32.66 M | 711 |
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Frequently Asked Questions about Mandala Apparels
Mandala Apparels was founded in 2006 and raised its 1st funding round 7 years after it was founded.
Mandala Apparels is headquartered in Puducherry, India. It is registered at Puducherry, Puducherry, India.
Mandala Apparels is a funded company, having raised a total of $1.47M across 2 funding rounds to date. The company's 1st funding round was a Seed of $1.02M, raised on Dec 2013.
Mandala Apparels has 240 employees.
The primary company behind Mandala Apparels, Mandala Apparels Private Limited, reported revenue of ₹2,584 for FY 2024, up 6% year on year.
Mandala Apparels was established in 2006 in Puducherry, India, as a Fair Trade certified entity focused on organic apparel, home furnishings, and accessories. Local handloom workers are employed in the manufacturing process, which emphasizes ethical and environmentally responsible practices. Products are exported to markets in Europe and North America, with operations centered on accountable business standards.
Mandala Apparels offers Men’s Wear, Women’s Wear, Kid’s Wear, Accessories, and Home Furnishings.
Mandala Apparels has 2 investors. Key investors include Aavishkaar Capital, and Jyoti Cariappa Saikia.
The valuation of Mandala Apparels is $2.25M as of Oct 2016.
Mandala Apparels operates through Mandala Apparels Private Limited.
The legal entities of Mandala Apparels currently have 2 directors, including Anjali Sachiavina, Aurofilio Schiavina.