About Minichic
Minichic is a company based in Chennai (India) founded in 2023. It operates as a D2C. The company has 2,060 employees as of March 31, 2022. Minichic operates in a competitive market with competitors including Hopscotch, Mylo, Ed-a-Mamma, Kidbea and INCLUD, among others.
- Headquarter Chennai, India
- Employees 2060 as on 31 Mar, 2022
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Sectors
Consumer
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Phone
*********
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Website
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- Legal Name The Madras Silks India Private Limited
- Date of Incorporation 24 Jul, 2006
- Jurisdiction Coimbatore, Tamil Nadu, India
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Annual Revenue
$90.57 M (USD)5as on Mar 31, 2022
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Net Profit
$429.91 K (USD)38.95as on Mar 31, 2022
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EBITDA
$7.43 M (USD)-19.01as on Mar 31, 2022
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Latest Funding Round
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Investors
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Employee Count
2060
as on Mar 31, 2022
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Funding Insights of Minichic
| 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 |
Investments & Acquisitions by Minichic
| 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 - Minichic
| 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 |
Minichic Comparisons
Competitors of Minichic
Minichic 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, Mylo, Ed-a-Mamma, Kidbea and INCLUD, 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 |
Apparel and accessories for children are provided online.
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| domain | founded_year | HQ Location |
Mylo is recognized as an online store providing baby, mom, and pregnancy essential products in India.
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| domain | founded_year | HQ Location |
Eco-friendly apparel for kids and mothers is offered online.
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| domain | founded_year | HQ Location |
Baby and kids products are provided via an online platform.
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| domain | founded_year | HQ Location |
Internet-first apparel for babies and kids is provided.
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| domain | founded_year | HQ Location |
Multi-category baby care products are offered through an internet-first brand.
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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 Minichic
When was Minichic founded?
Minichic was founded in 2023.
Where is Minichic located?
Minichic is headquartered in Chennai, India. It is registered at Chennai, Tamil Nadu, India.
How many employees does Minichic have?
As of Mar 31, 2022, the latest employee count at Minichic is 2,060.
What is the annual revenue of Minichic?
Annual revenue of Minichic is $90.57M as on Mar 31, 2022.
What does Minichic do?
Minichic operates a direct-to-consumer brand offering casual wear for kids through producing consumer products, apparel, childrens clothing, and casual wear. Prioritizing client-centric approaches, it ensures high-quality outcomes, innovation, and sustainable practices in its field. It continues to evolve, meeting industry challenges with strategic approaches.
Who are the top competitors of Minichic?
Minichic's top competitors include Hopscotch, Mylo and Ed-a-Mamma.