About March
March is a company based in Pune (India) founded in 2016 by Ashish Acharya, Sukh Dugal, and Puja Puri. It operates as a Direct-to-Consumer (D2C). March has raised $1.28 million across 2 funding rounds from investors including CM Airtime Promotion, Ravi Khushwani and Earthstone Holding. March offers products and services including Supima Tees, Suvin Collection, and Hammo Shorts. March operates in a competitive market with competitors including RECAST, Be Awara, Bostro, CrowdDesigns and Inkfruit, among others.
- Headquarter Pune, India
- Founders Ashish Acharya, Sukh Dugal, Puja Puri
- Stage Minicorn
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Sectors
Retail
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Email
***********
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Phone
*********
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Website
*********
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Social
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- Legal Name March Work Private Limited
- Date of Incorporation 29 Apr, 2016
- Jurisdiction Pune, Maharashtra, India
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Annual Revenue
$980.05 K (USD)11.02as on Mar 31, 2024
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Net Profit
$-60.99 K (USD)-1471.54as on Mar 31, 2024
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EBITDA
$71 K (USD)145.65as on Mar 31, 2024
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Total Equity Funding
$1.28 M (USD)
in 2 rounds
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Latest Funding Round
$1 M (USD), Series A
May 10, 2022
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Investors
CM Airtime Promotion
& 2 more
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Employee Count
Employee Count
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Products & Services of March
March offers a comprehensive portfolio of products and services, including Supima Tees, Suvin Collection, and Hammo Shorts. The company's diverse product and service offerings are designed to meet the evolving needs of its customers, address market demands, and provide comprehensive solutions that drive value creation and customer satisfaction across various segments and use cases.
Premium tees made from 100% Supima cotton.
Luxury clothing crafted from rare Suvin cotton.
Comfortable shorts designed in various fit styles.
Funding Insights of March
March has successfully raised a total of $1.28M across 2 strategic funding rounds. The most recent funding activity was a Series A round of $1 million completed in May 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 Total Funding
- Total Rounds 2
- Last Round Series A — $1.0M
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First Round
First Round
(28 Sep 2018)
- Investors Count 3
| Date | Amount | Transaction Name | Valuation | Lead Investors | Investors |
|---|---|---|---|---|---|
| May, 2022 | Amount | Series A - March | Valuation | CM Airtime Promotion | |
| Sep, 2018 | Amount | Seed - March | Valuation | Earthstone Holding |
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| Date | Amount | Transaction Name | Valuation | Lead Investors | Investors |
|---|---|---|---|---|---|
| Jul, 2021 | Amount | Post-IPO - Grab | Valuation |
investors |
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| Feb, 2021 | Amount | Post-IPO - Grab | Valuation |
investors |
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| Jan, 2021 | Amount | Post-IPO - Grab | Valuation |
investors |
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| Feb, 2021 | Amount | Post-IPO - Grab | Valuation |
investors |
Investors in March
March has secured backing from 3 investors, including institutional, angel, and venture fund investors. Prominent investors backing the company include CM Airtime Promotion, Ravi Khushwani and Earthstone Holding. This diverse investor base provides strategic capital, industry expertise, and valuable network connections that support the company's growth initiatives, market expansion, and long-term value creation.
| Investor | Description | Founded Year | Domain | Location |
|---|---|---|---|---|
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Energy and multiple sectors are invested in by Earthstone Holding.
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Founded Year | Domain | Location | |
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Founded Year | Domain | Location | |
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RK
Ravi Khushwani |
Angel investor and entrepreneur, focused on tech startups in India.
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Founded Year | Domain | Location |
| Investor | Description | Founded Year | Domain | Location |
|---|---|---|---|---|
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Single family office of Amitabh Bachchan, founder of Amitabh Bachchan Corporation or AB CORP
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Founded Year | Domain | Location | |
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Startup ecosystems are ignited through strategic investments by Signite Partners.
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Founded Year | Domain | Location | |
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Venture capital is directed toward companies in multiple sectors.
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Founded Year | Domain | Location | |
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Venture capital is invested in cybersecurity, fintech, and AI startups.
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Founded Year | Domain | Location |
Investments & Acquisitions by March
| Company Name | Description | Domain | Location | Founded Year | Amount |
|---|---|---|---|---|---|
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Bionic investment advisor platform
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2016 | ||||
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Fine Asian gourmet food is offered by an internet-first restaurant.
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2016 | ||||
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Physical e-commerce kiosks are deployed for rural purchases in Indonesia.
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2014 | ||||
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Fine Asian gourmet food is offered by an internet-first restaurant.
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2016 |
Financial Statements - March
| Date | Amount | Transaction Name | Valuation | Lead Investors | Investors |
|---|---|---|---|---|---|
| Jul, 2021 | Amount | Post-IPO - Grab | Valuation |
investors |
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| Feb, 2021 | Amount | Post-IPO - Grab | Valuation |
investors |
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| Jan, 2021 | Amount | Post-IPO - Grab | Valuation |
investors |
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| Feb, 2021 | Amount | Post-IPO - Grab | Valuation |
investors |
March Comparisons
Competitors of March
March 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 RECAST, Be Awara, Bostro, CrowdDesigns and Inkfruit, among others. This competitive environment drives innovation, market differentiation, and strategic positioning as companies strive to capture market share and deliver value to their customers. Understanding the competitive dynamics is crucial for assessing market positioning, identifying growth opportunities, and navigating the challenges inherent in a competitive marketplace.
| Company Name | Domain | Founded year | HQ Location | Description |
|---|---|---|---|---|
| domain | founded_year | HQ Location |
Online platform selling men's T-shirts and casual wear with discounts and free delivery.
|
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| domain | founded_year | HQ Location |
Online platform selling kids' apparel, sets, and accessories with discounts.
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| domain | founded_year | HQ Location |
Provides customizable printed t-shirts for adults and kids.
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| domain | founded_year | HQ Location |
Customized apparel for men and women is provided by CrowdDesigns.
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| domain | founded_year | HQ Location |
Internet first brand offering t-shirts for men and women
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| Company Name | Domain | Founded year | HQ Location | Description |
|---|---|---|---|---|
| domain | founded_year | HQ Location |
Multiple services are booked via an app-based platform.
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| domain | founded_year | HQ Location |
On-demand services are booked through an app-based platform.
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| domain | founded_year | HQ Location |
App based platform offering on demand delivery and ride-hailing services
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| domain | founded_year | HQ Location |
Operates an on-demand hyperlocal delivery app for food and groceries.
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Frequently Asked Questions about March
When was March founded?
March was founded in 2016 and raised its 1st funding round 2 years after it was founded.
Where is March located?
March is headquartered in Pune, India. It is registered at Pune, Maharashtra, India.
Is March a funded company?
March is a funded company, having raised a total of $1.28M across 2 funding rounds to date. The company's 1st funding round was a Seed of $275.67K, raised on Sep 28, 2018.
What is the annual revenue of March?
Annual revenue of March is $980.05K as on Mar 31, 2024.
What does March do?
March is focused on providing high-quality apparel made from premium materials like Supima and rare Suvin cotton. The company offers a range of products including tees, shorts, socks, and boxers, catering to casual and home wear needs. Various fits and styles are provided to meet diverse customer preferences in the apparel sector.
Who are the top competitors of March?
March's top competitors include Be Awara, CrowdDesigns and Inkfruit.
What products or services does March offer?
March offers Supima Tees, Suvin Collection, and Hammo Shorts.
Who are March's investors?
March has 3 investors. Key investors include CM Airtime Promotion, Ravi Khushwani, and Earthstone Holding.
What is March's valuation?
The valuation of March is $12.65M as of May 2022.