NativeBag

Bengaluru, India Founded: 2016 • Age: 10 yrs
Functions as an online platform selling authentic native Indian products.

About NativeBag

NativeBag is a Retail company based in Bengaluru (India) founded in 2016 by Bharath Shanmugasundaram and Ravishankar S. Functions as an online platform selling authentic native Indian products. It operates on a B2C model. Its Indian entity Revon It Online Services Private Limited reported revenue of β‚Ή11.4 Lakh. Its focus areas include Retail and E-commerce, Online Retail, Ethnic Products and Native Indian Goods. Its competitors include 10Club, Nestasia and Fabindia; 2 of its 3 listed competitors have raised funding.

Company details

NativeBag functions as an online platform selling authentic native indian products through retail and e-commerce, selling products via the internet, ethnic products, and native indian goods. Prioritizing client-centric approaches, it ensures high-quality outcomes, innovation, and sustainable practices in its field.

Key Metrics
  • Annual Revenue
    ₹11.4 Lakh

    FY 2022 · +1389% YoY

  • Net Loss
    -₹2,585

    FY 2022 · 0% margin

  • EBITDA
    ₹6,082

    FY 2022 · 1% margin

Board of directors of Revon It Online Services Private Limited (NativeBag)

Revon It Online Services Private Limited is the primary company behind NativeBag. The board of Revon It Online Services Private Limited currently have 2 directors; the longest-serving is Subramaniam Jayanthi, appointed in 2023. 2 earlier directors have ceased.

DirectorDesignationAppointedTenureEntity
Subramaniam Jayanthi
DIN 02279644
Director09 Aug 20233 yrs 2 moRevon It Online Services Private Limited
Rajabather Shanthi
DIN 07105293
Director09 Aug 20233 yrs 2 moRevon It Online Services Private Limited

People of NativeBag

2 people are tracked at NativeBag (2 in leadership).

NameRoleGroup
Co-FounderLeadership
Ravishankar S
Co-FounderLeadership
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Complete people profiles for NativeBag

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Financials of NativeBag

Figures of Revon It Online Services Private Limited, the primary company behind NativeBag, for FY 2022. Revenue was ₹11.4 Lakh (+1389% year on year). Net loss was -₹2,585 (0% margin). EBITDA was ₹6,082 (1% margin). Revenue has grown at a compounded annual rate of -10% over three years.

  • ₹11.4 LakhRevenue · FY 2022 · +1389% YoY
  • -₹2,585Net loss · 0% margin
  • ₹6,082EBITDA · 1% margin
  • ₹1 LakhPaid-up capital
  • -10%Revenue CAGR, 3 years

Balance sheet, profit and loss, cash flow and ratios of Revon It Online Services Private Limited are on its company page.

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Detailed financial statements for NativeBag

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Competitors of NativeBag

NativeBag has 3 listed competitors in our database, 2 of them funded. They include 10Club, Nestasia and Fabindia.

Company NameDomainFoundedHQ LocationTotal fundingEmployeesDescription
10clubhomes.com2020Bengaluru, India$44.47M48
Multi-category home products are offered through an internet-first platform.
nestasia.in2018Kolkata, India$12.4M164
Internet-first brand of multi-category home improvement products
fabindia.com1960Delhi, India1,522
Internet first brand of ethnic wear, home furniture, and home decor products
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Detailed competitors of NativeBag

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Top companies in Stationery, Gifting & Handicrafts E-Commerce

2 companies that operate in the same segment as NativeBag (Stationery, Gifting & Handicrafts E-Commerce) in India, ranked by their profile score on The Company Check.

CompanyDescriptionFoundedLocationTotal fundingRevenueEmployees
Multi-category gifting products are provided through an online platform.
2015Mumbai, Maharashtra, IndiaUSD 4.35 MUSD 916.16 K
AI-powered loyalty, rewards, and employee engagement solutions are provided.
2012Bengaluru, Karnataka, IndiaUSD 100.61 MUSD 98.95 M327
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Frequently Asked Questions about NativeBag

NativeBag was founded in 2016.

NativeBag is headquartered in Bengaluru, India. It is registered at Bengaluru, Karnataka, India.

The primary company behind NativeBag, Revon It Online Services Private Limited, reported revenue of β‚Ή11.4 Lakh for FY 2022, up 1389% year on year.

NativeBag functions as an online platform selling authentic native indian products through retail and e-commerce, selling products via the internet, ethnic products, and native indian goods. Prioritizing client-centric approaches, it ensures high-quality outcomes, innovation, and sustainable practices in its field.

NativeBag's top competitors include Nestasia, Fabindia and 10Club.

NativeBag operates through Revon It Online Services Private Limited.

The legal entities of NativeBag currently have 2 directors, including Subramaniam Jayanthi, Rajabather Shanthi.

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