About Modern Macrame
Modern Macrame is a Consumer company based in Portland (United States) founded in 2013. It operates an online brand specializing in DIY home decor products for creative consumers. It operates on a B2C model. Its Indian entity Thar Commercial Finance Private Limited reported revenue of ₹55.98 Cr. Its focus areas include Retail, E-commerce, Home Decor and DIY Products. Its competitors include Caavo, Brooklinen and Dormify; 3 of its 3 listed competitors have raised funding.
Company details
Modern Macrame operates an online brand specializing in diy home decor products for creative consumers, focusing on engaging in retail operations, operating online marketplaces, supplying home decor, and diy products. It serves clients with dedicated solutions, emphasizing quality, innovation, and sustainable growth in its core markets.
- Headquarters Portland, United States
- SectorsConsumer
- Website modernmacrame.com
- Social Facebook
- Legal Name Thar Commercial Finance Private Limited
- Date of Incorporation 25 Jul, 2008
- Jurisdiction Mumbai, Maharashtra, India
- Indian entity revenue₹55.98 Cr
FY 2025 · +7% YoY
- Indian entity net profit₹5.93 Cr
FY 2025 · 11% margin
- Indian entity EBITDA₹48.21 Cr
FY 2025 · 86% margin
Associated legal entities of Modern Macrame
Modern Macrame operates through Thar Commercial Finance 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 |
|---|---|---|---|---|---|---|---|
| Thar Commercial Finance Private Limited CIN U65999MH2008PTC185082 | Active | 25 Jul 2008 | Mumbai, Maharashtra | ₹56.0 Cr | 4 | View details |
Board of directors of Thar Commercial Finance Private Limited (Modern Macrame)
Thar Commercial Finance Private Limited is the primary company behind Modern Macrame. The board of Thar Commercial Finance Private Limited currently have 3 directors; the longest-serving is Vivek Jayesh Thar, appointed in 2015. 11 earlier directors have ceased.
| Director | Designation | Appointed | Tenure | Entity |
|---|---|---|---|---|
| Vivek Jayesh Thar DIN 06812365 | Director | 21 Feb 2015 | 11 yrs 8 mo | Thar Commercial Finance Private Limited |
| Chintan Hitendra Shah DIN 01376629 | Director | 21 Jan 2019 | 7 yrs 9 mo | Thar Commercial Finance Private Limited |
| Yatin Ajitrai Mankad DIN 00786683 | Director | 10 May 2021 | 5 yrs 6 mo | Thar Commercial Finance Private Limited |
Financials of Modern Macrame
Figures of Thar Commercial Finance Private Limited, the primary company behind Modern Macrame, for FY 2025. Revenue was ₹55.98 Cr (+7% year on year). Net profit was ₹5.93 Cr (11% margin). EBITDA was ₹48.21 Cr (86% margin). Revenue has grown at a compounded annual rate of +9% over three years and 0% over five years.
- ₹55.98 CrRevenue · FY 2025 · +7% YoY
- ₹5.93 CrNet profit · 11% margin
- ₹48.21 CrEBITDA · 86% margin
- ₹49.96 CrPaid-up capital
- +9%Revenue CAGR, 3 years
- 0%Revenue CAGR, 5 years
Balance sheet, profit and loss, cash flow and ratios of Thar Commercial Finance Private Limited are on its company page.
Detailed financial statements for Modern Macrame
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Competitors of Modern Macrame
Modern Macrame has 3 listed competitors in our database, 3 of them funded. They include Caavo, Brooklinen and Dormify.
| Company Name | Domain | Founded | HQ Location | Total funding | Employees | Description |
|---|---|---|---|---|---|---|
| caavo.com | 2015 | Milpitas, United States | $34.5M | 13 | Private label brand of universal remote controllers | |
| brooklinen.com | 2013 | New York, United States | $60M | Internet-first brand of home textiles | ||
| dormify.com | 2011 | Rockville, United States | $12.98M | 15 | Internet first brand offering home improvement products |
Detailed competitors of Modern Macrame
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Web traffic of Modern Macrame
The website of Modern Macrame (modernmacrame.com) receives about 9.1K visits a month.
- Monthly visits9.1K
▲ 85.5% vs previous month
Top companies in Home & Living Products
3 companies that operate in the same segment as Modern Macrame (Home & Living Products) in United States, ranked by their profile score on The Company Check.
| Company | Description | Founded | Location | Total funding | Revenue | Employees |
|---|---|---|---|---|---|---|
App based platform to connect users with local service professionals | 2008 | San Francisco, California, United States | USD 698.85 M | 1,807 | ||
Provider of FMCG conglomerate products | 1837 | United States | USD 457.23 M | 923 | ||
Multi-category home improvement products are sold online by Wayfair. | 2002 | Boston, Massachusetts, United States | USD 368.2 M | USD 12.46 B | 3 |
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Related news about Modern Macrame
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Frequently Asked Questions about Modern Macrame
Modern Macrame was founded in 2013.
Modern Macrame is headquartered in Portland, United States. It is registered at Portland, Oregon, United States.
The primary company behind Modern Macrame, Thar Commercial Finance Private Limited, reported revenue of ₹55.98 Cr for FY 2025, up 7% year on year.
Modern Macrame operates an online brand specializing in diy home decor products for creative consumers, focusing on engaging in retail operations, operating online marketplaces, supplying home decor, and diy products. It serves clients with dedicated solutions, emphasizing quality, innovation, and sustainable growth in its core markets.
Modern Macrame's top competitors include Brooklinen, Dormify and Caavo.
Modern Macrame operates through Thar Commercial Finance Private Limited.
The legal entities of Modern Macrame currently have 4 directors, including Yatin Ajitrai Mankad, Vivek Jayesh Thar, Chintan Hitendra Shah and others.