About MJWEL
MJWEL is a Retail company based in Mumbai (India) founded in 2017 by Mukesh Lakhara. It serves as an e-distributor offering a wide range of fashion products to consumers. It operates on a B2C model. Its chief executive, as recorded, is Mukesh Lakhara. Its focus areas include E-commerce, Fashion and Distribution. Its legal entity in India is Mjwel India Private Limited (U51909MH2018PTC306234). Its competitors include Fibre2Fashion, Zoomtail and Sarafa Bazar; 3 of its 3 listed competitors have raised funding.
Company details
MJWEL serves as an e-distributor offering a wide range of fashion products to consumers through engaging in retail operations, operating online marketplaces, dealing with fashion products, and distribution. Prioritizing client-centric approaches, it ensures high-quality outcomes, innovation, and sustainable practices in its field.
- Headquarters Mumbai, India
- Founders Mukesh Lakhara
- SectorsRetail
- Website mjwel.com
- Social X Facebook
- Legal Name Mjwel India Private Limited
- Date of Incorporation 09 Mar, 2018
- Jurisdiction Mumbai, Maharashtra, India
- Annual Revenue₹2,134
FY 2024 · -48% YoY
Associated legal entities of MJWEL
MJWEL operates through Mjwel India 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 |
|---|---|---|---|---|---|---|---|
| Mjwel India Private Limited CIN U51909MH2018PTC306234 | Active | 09 Mar 2018 | Mumbai, Maharashtra | ₹0.0 Cr | 2 | View details |
Board of directors of Mjwel India Private Limited (MJWEL)
Mjwel India Private Limited is the primary company behind MJWEL. The board of Mjwel India Private Limited currently have 2 directors; the longest-serving is Hemlata Mukesh Lakhara, appointed in 2018.
| Director | Designation | Appointed | Tenure | Entity |
|---|---|---|---|---|
| Hemlata Mukesh Lakhara DIN 08082555 | Director | 09 Mar 2018 | 8 yrs 7 mo | Mjwel India Private Limited |
| Mukesh Lakhara DIN 08082554 | Director | 09 Mar 2018 | 8 yrs 7 mo | Mjwel India Private Limited |
People of MJWEL
1 people are tracked at MJWEL (1 in leadership).
| Name | Role | Group |
|---|---|---|
| Founder, CEO | Leadership |
Complete people profiles for MJWEL
Full employee and board profiles, team structure, tenure and professional contact details require an active premium plan.
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Financials of MJWEL
Figures of Mjwel India Private Limited, the primary company behind MJWEL, for FY 2024. Revenue was ₹2,134 (-48% year on year). Revenue has grown at a compounded annual rate of -79% over three years and -62% over five years.
- ₹2,134Revenue · FY 2024 · -48% YoY
- ₹100Paid-up capital
- -79%Revenue CAGR, 3 years
- -62%Revenue CAGR, 5 years
Balance sheet, profit and loss, cash flow and ratios of Mjwel India Private Limited are on its company page.
Detailed financial statements for MJWEL
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Competitors of MJWEL
MJWEL has 3 listed competitors in our database, 3 of them funded. They include Fibre2Fashion, Zoomtail and Sarafa Bazar.
| Company Name | Domain | Founded | HQ Location | Total funding | Employees | Description |
|---|---|---|---|---|---|---|
| fibre2fashion.com | 2000 | Ahmedabad, India | $836,500 | 124 | B2B marketplace for textile and fashion sourcing is operated. | |
| zoomtail.com | 2018 | Bengaluru, India | $1.6M | 8 | Manages a B2B digital marketplace for multi-category fashion products. | |
| sarafabazar.in | 2020 | Saharanpur, India | $97,993 | 22 | Online B2B marketplace for jewelry items is operated. |
Detailed competitors of MJWEL
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Top companies in Fashion & Lifestyle E-Commerce
3 companies that operate in the same segment as MJWEL (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 143.24 M | USD 32.66 M | 711 |
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Related news about Mjwel
Complete news archive for MJWEL
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Frequently Asked Questions about MJWEL
MJWEL was founded in 2017.
MJWEL is headquartered in Mumbai, India. It is registered at Mumbai, Maharashtra, India.
Mukesh Lakhara is the CEO of MJWEL, as recorded in our data. They have also founded this company.
The primary company behind MJWEL, Mjwel India Private Limited, reported revenue of ₹2,134 for FY 2024, down 48% year on year.
MJWEL serves as an e-distributor offering a wide range of fashion products to consumers through engaging in retail operations, operating online marketplaces, dealing with fashion products, and distribution. Prioritizing client-centric approaches, it ensures high-quality outcomes, innovation, and sustainable practices in its field.
MJWEL's top competitors include Fibre2Fashion, Zoomtail and Sarafa Bazar.
MJWEL operates through Mjwel India Private Limited.
The legal entities of MJWEL currently have 2 directors, including Hemlata Mukesh Lakhara, Mukesh Lakhara.