About Mitvana Stores
Mitvana Stores is a Consumer company based in Bengaluru (India) founded in 2011 by Shankar Mitra. Mitvana provides natural personal care products including skincare, haircare, and body care online. It operates on a D2C and B2C model. The company has 55 employees. Its chief executive, as recorded, is Shankar Mitra. Its Indian entity Matxin Labs Private Limited reported revenue of ₹12.94 Cr. Mitvana Stores offers products and services including Intimate Wash, Vitalizing Hair Oil, Derma Face Wash, and Neem Toothpaste. Its focus areas include Personal Care, Skincare, Natural Skincare and Hair Care. Its competitors include Mamaearth, WOW Skin Science and The Body Shop India; 2 of its 3 listed competitors have raised funding.
Company details
Mitvana is a company based in Bengaluru, India, that develops and sells natural skincare, haircare, body care, and dental care products. They combine ancient Indian herbal knowledge with modern scientific research to create dermatology-grade items using safe, pure ingredients. Products are available through their online store, catering to consumers seeking wellness solutions for various skin and hair concerns, with a focus on sustainability and quality.
- Headquarters Bengaluru, India
- Employees 55
- Founders Shankar Mitra
- SectorsConsumer
- Email••••••••
- Website mitvanastores.com
- Social X Facebook
- Legal Name Matxin Labs Private Limited
- Date of Incorporation 14 Mar, 2011
- Jurisdiction Bangalore, Karnataka, India
- Annual Revenue₹12.94 Cr
FY 2024 · -2% YoY
- Net Profit₹1.5 Lakh
FY 2024 · 0% margin
- EBITDA₹1.93 Cr
FY 2024 · 15% margin
- Employee Count55
Associated legal entities of Mitvana Stores
Mitvana Stores operates through Matxin Labs 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 |
|---|---|---|---|---|---|---|---|
| Matxin Labs Private Limited CIN U24233KA2011PTC057572 | Active | 14 Mar 2011 | Bangalore, Karnataka | ₹12.9 Cr | 55 | 2 | View details |
Products & Services of Mitvana Stores
Mitvana Stores offers a comprehensive portfolio of products and services, including Intimate Wash, Vitalizing Hair Oil, Derma Face Wash, and Neem Toothpaste.
Wash for intimate hygiene using natural herbs like neem.
Oil that nourishes hair with amla and centella for vitality.
Face wash with neem and turmeric for gentle cleansing.
Toothpaste using neem for antibacterial oral health protection.
Board of directors of Matxin Labs Private Limited (Mitvana Stores)
Matxin Labs Private Limited is the primary company behind Mitvana Stores. The board of Matxin Labs Private Limited currently have 2 directors; the longest-serving is Mousumi Mitra, appointed in 2011.
| Director | Designation | Appointed | Tenure | Entity |
|---|---|---|---|---|
| Mousumi Mitra DIN 03161721 | Director | 14 Mar 2011 | 15 yrs 7 mo | Matxin Labs Private Limited |
| Shankar Kumar Mitra DIN 03190242 | Director | 14 Mar 2011 | 15 yrs 7 mo | Matxin Labs Private Limited |
People of Mitvana Stores
1 people are tracked at Mitvana Stores (1 in leadership); the tracked headcount is 55.
| Name | Role | Group |
|---|---|---|
| Founder, CEO | Leadership |
Complete people profiles for Mitvana Stores
Full employee and board profiles, team structure, tenure and professional contact details require an active premium plan.
- Full employee list
- Team structure
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Verified entity values are shown only after access is granted.
Financials of Mitvana Stores
Figures of Matxin Labs Private Limited, the primary company behind Mitvana Stores, for FY 2024. Revenue was ₹12.94 Cr (-2% year on year). Net profit was ₹1.5 Lakh (0% margin). EBITDA was ₹1.93 Cr (15% margin). Revenue has grown at a compounded annual rate of -11% over three years and +1% over five years.
- ₹12.94 CrRevenue · FY 2024 · -2% YoY
- ₹1.5 LakhNet profit · 0% margin
- ₹1.93 CrEBITDA · 15% margin
- ₹1 LakhPaid-up capital
- 55Employees (provident fund records)
- -11%Revenue CAGR, 3 years
- +1%Revenue CAGR, 5 years
Balance sheet, profit and loss, cash flow and ratios of Matxin Labs Private Limited are on its company page.
Detailed financial statements for Mitvana Stores
Statement rows, ratios, five-year trends and downloadable financials of the group companies require an active premium plan.
- Statement rows
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- Five-year trends
- Downloads
Verified entity values are shown only after access is granted.
Competitors of Mitvana Stores
Mitvana Stores has 3 listed competitors in our database, 2 of them funded. They include Mamaearth, WOW Skin Science and The Body Shop India.
| Company Name | Domain | Founded | HQ Location | Total funding | Employees | Description |
|---|---|---|---|---|---|---|
| mamaearth.in | 2016 | Gurugram, India | $89.36M | 1,900 | Online brand offering multi-category natural skin care and makeup products | |
| buywow.in | 2014 | Bengaluru, India | $98M | 100 | Organic beauty products are offered by an internet-first brand. | |
| thebodyshop.in | 2006 | Gurugram, India | 861 | Cruelty-free beauty and body care products are retailed in India. |
Detailed competitors of Mitvana Stores
The full competitor set, operating metrics and side-by-side benchmarks require an active premium plan.
- Full competitor set
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Top companies in Beauty & Personal Care Products
3 companies that operate in the same segment as Mitvana Stores (Beauty & Personal Care Products) in India, ranked by their profile score on The Company Check.
| Company | Description | Founded | Location | Total funding | Revenue | Employees |
|---|---|---|---|---|---|---|
Online platform offering a wide range of baby, kids, and maternity products | 2010 | Pune, Maharashtra, India | USD 513.39 M | USD 911.07 M | 3,752 | |
Online brand offering mens grooming products | 2015 | Gurugram, Haryana, India | USD 52.66 M | |||
Retailer of perfumes, cosmetics, skincare, and related gift set items | 2012 | Gurugram, Haryana, India | USD 58.54 M |
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Frequently Asked Questions about Mitvana Stores
Mitvana Stores was founded in 2011.
Mitvana Stores is headquartered in Bengaluru, India. It is registered at Bengaluru, Karnataka, India.
Shankar Mitra is the CEO of Mitvana Stores, as recorded in our data. They have also founded this company.
Mitvana Stores has 55 employees.
The primary company behind Mitvana Stores, Matxin Labs Private Limited, reported revenue of ₹12.94 Cr for FY 2024, down 2% year on year.
Mitvana is a company based in Bengaluru, India, that develops and sells natural skincare, haircare, body care, and dental care products. They combine ancient Indian herbal knowledge with modern scientific research to create dermatology-grade items using safe, pure ingredients. Products are available through their online store, catering to consumers seeking wellness solutions for various skin and hair concerns, with a focus on sustainability and quality.
Mitvana Stores's top competitors include Mamaearth, The Body Shop India and WOW Skin Science.
Mitvana Stores offers Intimate Wash, Vitalizing Hair Oil, Derma Face Wash, and Neem Toothpaste.
Mitvana Stores operates through Matxin Labs Private Limited.
The legal entities of Mitvana Stores currently have 2 directors, including Mousumi Mitra, Shankar Kumar Mitra.