About Mineral Fashions
Mineral Fashions is a company based in Mumbai (India) founded in 2010 by Ashok Bhulchand Mukhi was acquired by Future Lifestyle Fashions in April 2016.. Mineral Fashions has raised $416.8 thousand across 1 funding round from investors including Future Lifestyle Fashions. The company has 1 employees as of March 27, 2024. Mineral Fashions operates in a competitive market with competitors including Hopscotch, Urbanic, Bewakoof, Styched and Virgio, among others.
- Headquarter Mumbai, India
- Employees 1 as on 27 Mar, 2024
- Founders Ashok Bhulchand Mukhi
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Sectors
Retail
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Phone
*********
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Website
*********
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Social
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- Legal Name Mineral Fashions Limited
- Date of Incorporation 22 Oct, 2010
- Jurisdiction Mumbai, Maharashtra, India
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Annual Revenue
$878.56 K (USD)80.19as on Mar 31, 2013
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Net Profit
$-501.73 K (USD)-116.9as on Mar 31, 2013
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EBITDA
$-443.65 K (USD)-111.91as on Mar 31, 2013
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Total Equity Funding
$416.8 K (USD)
in 1 rounds
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Latest Funding Round
$416.8 K (USD), Seed
Jul 18, 2016
- Investors
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Employee Count
1
as on Mar 27, 2024
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Acquired by
Future Lifestyle Fashions
(Apr 01, 2016)
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Funding Insights of Mineral Fashions
Mineral Fashions has successfully raised a total of $416.8K through 1 strategic funding round. The most recent funding activity was a Seed round of $416.8 thousand completed in July 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 Total Funding
- Total Rounds 1
- Last Round Seed — $416,802
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First Round
First Round
(18 Jul 2016)
- Investors Count Investors Count
| Date | Amount | Transaction Name | Valuation | Lead Investors | Investors |
|---|---|---|---|---|---|
| Jul, 2016 | Amount | Seed - Mineral Fashions | Valuation |
investors |
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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 Mineral Fashions
Mineral Fashions has secured backing from 1 investor, including institutional investors. Prominent investors backing the company include Future Lifestyle Fashions. 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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Retail chain of fashion and clothing products
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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 Mineral Fashions
| 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 - Mineral Fashions
| 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 |
Mineral Fashions Comparisons
Competitors of Mineral Fashions
Mineral Fashions 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 Hopscotch, Urbanic, Bewakoof, Styched and Virgio, 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 |
Programming is facilitated for children via drag-and-drop code blocks.
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| domain | founded_year | HQ Location |
Multi-category women's fashion apparel is offered online by Urbanic.
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| domain | founded_year | HQ Location |
Multi-category fashion products are sold by an internet-first brand.
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| domain | founded_year | HQ Location |
Multi-category fashion for men and women is offered online.
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| domain | founded_year | HQ Location |
Internet first brand offering apparel for men and women
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| domain | founded_year | HQ Location |
Online platform offering trendy and bold denim apparel
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| Company Name | Domain | Founded year | HQ Location | Description |
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| 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 Mineral Fashions
When was Mineral Fashions founded?
Mineral Fashions was founded in 2010 and raised its 1st funding round 6 years after it was founded.
Where is Mineral Fashions located?
Mineral Fashions is headquartered in Mumbai, India. It is registered at Mumbai, Maharashtra, India.
Is Mineral Fashions a funded company?
Mineral Fashions is a funded company, having raised a total of $416.8K across 1 funding round to date. The company's 1st funding round was a Seed of $416.8K, raised on Jul 18, 2016.
How many employees does Mineral Fashions have?
As of Mar 27, 2024, the latest employee count at Mineral Fashions is 1.
What is the annual revenue of Mineral Fashions?
Annual revenue of Mineral Fashions is $878.56K as on Mar 31, 2013.
What does Mineral Fashions do?
Mineral Fashions was founded in 2010 in Mumbai, India, by Priyadarshini Rao and Jaydeep Shetty. Operations are centered on the manufacturing and retail of clothing and fashion accessories targeted at the premium designer market for women. As of August 2015, six exclusive brand outlets and shop-in-shop formats were maintained in locations such as Central, Shoppers Stop, and Lifestyle. A 37 stake was acquired by Future Lifestyle Fashions in December 2014.
Who are the top competitors of Mineral Fashions?
Who are Mineral Fashions's investors?
Mineral Fashions has 1 investor. Key investors include Future Lifestyle Fashions.