About Modenik
Modenik is a Retail company based in Bengaluru (India) founded in 2004. Innerwear clothing is wholesaled by Modenik in Bengaluru, India. The company has 3,528 employees. Its chief executive, as recorded, is Shekhar Tewari. Its website modenik.in draws about 16 thousand monthly visits. Its Indian entity Modenik Lifestyle Private Limited reported revenue of ₹1,224 Cr. Its focus areas include Consumer Goods, Apparel Brands, Inner Wear and Multi Category. Its competitors include Bummer, Freecultr and Lux Innerwear; 2 of its 3 listed competitors have raised funding.
Company details
Modenik was founded in 2004 as a wholesaler specializing in innerwear clothing. Operations are based in Bengaluru, India, where distribution occurs through the domain modenik.in. The company focuses on supplying various innerwear products to retailers and businesses across the region. Leadership is provided by CEO Shekhar Tewari, with activities centered on wholesale trade in the apparel sector.
- Headquarters Bengaluru, India
- Employees 3,528
- SectorsRetail
- Email••••••••
- Website modenik.in
- Social LinkedIn
- Legal Name Modenik Lifestyle Private Limited
- Date of Incorporation 20 Feb, 2004
- Jurisdiction Bangalore, Karnataka, India
- Annual Revenue₹1,224 Cr
FY 2025 · 0% YoY
- Net Loss-₹24.85 Cr
FY 2025 · -2% margin
- EBITDA₹63.82 Cr
FY 2025 · 5% margin
- Employee Count3,528
Associated legal entities of Modenik
Modenik operates through Modenik Lifestyle Private Limited (active). Its filings, financials, charges and directors are on the company page.
| Legal entity | Status | Incorporated | Registered in | Revenue (FY 2025) | Employees | Directors | Company page |
|---|---|---|---|---|---|---|---|
| Modenik Lifestyle Private Limited CIN U17111KA2004PTC133522 | Active | 20 Feb 2004 | Bangalore, Karnataka | ₹1,224 Cr | 3,528 | 10 | View details |
Board of directors of Modenik Lifestyle Private Limited (Modenik)
Modenik Lifestyle Private Limited is the primary company behind Modenik. The board of Modenik Lifestyle Private Limited currently have 7 directors; the longest-serving is Shweta Jalan, appointed in 2017. 18 earlier directors have ceased.
| Director | Designation | Appointed | Tenure | Entity |
|---|---|---|---|---|
| Shweta Jalan DIN 00291675 | Director | 20 Sep 2017 | 9 yrs 1 mo | Modenik Lifestyle Private Limited |
| Girish Shrikrishna Paranjape DIN 02172725 | Director | 20 Sep 2017 | 9 yrs 1 mo | Modenik Lifestyle Private Limited |
| Shantanu Maharaj Khosla DIN 00059877 | Director | 20 Sep 2017 | 9 yrs 1 mo | Modenik Lifestyle Private Limited |
| Sahil Dilip Dalal DIN 07350808 | Director | 20 Sep 2017 | 9 yrs 1 mo | Modenik Lifestyle Private Limited |
| Manish Daga DIN 06721480 | CFO | 01 Jul 2023 | 3 yrs 3 mo | Modenik Lifestyle Private Limited |
| Shekhar Tewari DIN 02816712 | Whole-time director | 02 Apr 2024 | 2 yrs 6 mo | Modenik Lifestyle Private Limited |
| Vaidyanathan Viswanathan Lalgudi DIN 09632201 | Whole-time director | 12 Jul 2024 | 2 yrs 3 mo | Modenik Lifestyle Private Limited |
People of Modenik
1 people are tracked at Modenik (1 in leadership); the tracked headcount is 3,528.
| Name | Role | Group |
|---|---|---|
| CEO | Leadership |
Complete people profiles for Modenik
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Financials of Modenik
Figures of Modenik Lifestyle Private Limited, the primary company behind Modenik, for FY 2025. Revenue was ₹1,224 Cr (0% year on year). Net loss was -₹24.85 Cr (-2% margin). EBITDA was ₹63.82 Cr (5% margin). Revenue has grown at a compounded annual rate of -2% over three years and +2% over five years.
- ₹1,224 CrRevenue · FY 2025 · 0% YoY
- -₹24.85 CrNet loss · -2% margin
- ₹63.82 CrEBITDA · 5% margin
- ₹34.43 CrPaid-up capital
- 3,528Employees (provident fund records)
- -2%Revenue CAGR, 3 years
- +2%Revenue CAGR, 5 years
Balance sheet, profit and loss, cash flow and ratios of Modenik Lifestyle Private Limited are on its company page.
Detailed financial statements for Modenik
Statement rows, ratios, five-year trends and downloadable financials of the group companies require an active premium plan.
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Competitors of Modenik
Modenik has 3 listed competitors in our database, 2 of them funded. They include Bummer, Freecultr and Lux Innerwear.
| Company Name | Domain | Founded | HQ Location | Total funding | Employees | Description |
|---|---|---|---|---|---|---|
| bummer.in | 2020 | Ahmedabad, India | $1.97M | 16 | Online platform offering multi-category innerwears and swim suite for both mena nd women | |
| freecultr.com | 2011 | Delhi, India | $18.44M | 15 | Internet first brand offering eco-friendly innerwear for men and women | |
| luxinnerwear.com | 1957 | Kolkata, India | 426 | Internet-first brand offering inner wear |
Detailed competitors of Modenik
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Web traffic of Modenik
The website of Modenik (modenik.in) receives about 16K visits a month.
- Monthly visits16K
▼ 36.3% vs previous month
Websites whose visitors overlap most with Modenik. Affinity shows how closely the audiences match.
| Website | Domain | Audience affinity | Monthly visits | Global rank | Profile |
|---|---|---|---|---|---|
beyondfuture.com | beyondfuture.com | 100% | #9,695,031 | – |
Top companies in Fashion & Lifestyle E-Commerce
3 companies that operate in the same segment as Modenik (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 142.34 M | USD 32.66 M | 711 |
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Related news about Modenik
Complete news archive for Modenik
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Frequently Asked Questions about Modenik
Modenik was founded in 2004.
Modenik is headquartered in Bengaluru, India. It is registered at Bengaluru, Karnataka, India.
Shekhar Tewari is the CEO of Modenik, as recorded in our data.
Modenik has 3,528 employees.
The primary company behind Modenik, Modenik Lifestyle Private Limited, reported revenue of ₹1,224 Cr for FY 2025, down 0% year on year.
Modenik was founded in 2004 as a wholesaler specializing in innerwear clothing. Operations are based in Bengaluru, India, where distribution occurs through the domain modenik.in. The company focuses on supplying various innerwear products to retailers and businesses across the region. Leadership is provided by CEO Shekhar Tewari, with activities centered on wholesale trade in the apparel sector.
Modenik's top competitors include Bummer, Freecultr and Lux Innerwear.
Modenik operates through Modenik Lifestyle Private Limited.
The legal entities of Modenik currently have 8 directors, including Shweta Jalan, Girish Shrikrishna Paranjape, Shekhar Tewari and others.