About Neerus Ensembles
Neerus Ensembles is a company based in Hyderabad (India) founded in 1971. It operates as a D2C, and B2B. The company has 593 employees as of March 31, 2023. Neerus Ensembles offers products and services including Kurtis, Sarees, Lehengas, and Salwar Kameez. Neerus Ensembles operates in a competitive market with competitors including Aza Fashions, Fabindia, Indya, Vedant Fashions and KALKI, among others.
- Headquarter Hyderabad, India
- Employees 593 as on 31 Mar, 2023
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Sectors
Consumer
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Phone
*********
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Website
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Social
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- Legal Name Neerus Ensembles Private Limited
- Date of Incorporation 08 Jul, 2005
- Jurisdiction Hyderabad, Telangana, India
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Annual Revenue
$23.1 M (USD)38.58as on Mar 31, 2023
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Net Profit
$693.88 K (USD)192.37as on Mar 31, 2023
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EBITDA
$2.88 M (USD)97.52as on Mar 31, 2023
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Latest Funding Round
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Investors
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Employee Count
593
as on Mar 31, 2023
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Products & Services of Neerus Ensembles
Neerus Ensembles offers a comprehensive portfolio of products and services, including Kurtis, Sarees, Lehengas, and Salwar Kameez. The company's diverse product and service offerings are designed to meet the evolving needs of its customers, address market demands, and provide comprehensive solutions that drive value creation and customer satisfaction across various segments and use cases.
Versatile Indian tops for casual and formal occasions
Traditional drapes for festivals and daily use
Skirts with blouses for weddings and events
Suits blending tradition with modern comfort
Funding Insights of Neerus Ensembles
| Date | Amount | Transaction Name | Valuation | Lead Investors | Investors |
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| Jul, 2021 | Amount | Post-IPO - Grab | Valuation |
investors |
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| Feb, 2021 | Amount | Post-IPO - Grab | Valuation |
investors |
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| Jan, 2021 | Amount | Post-IPO - Grab | Valuation |
investors |
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| Feb, 2021 | Amount | Post-IPO - Grab | Valuation |
investors |
Investments & Acquisitions by Neerus Ensembles
| Company Name | Description | Domain | Location | Founded Year | Amount |
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Bionic investment advisor platform
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2016 | ||||
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Fine Asian gourmet food is offered by an internet-first restaurant.
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2016 | ||||
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Physical e-commerce kiosks are deployed for rural purchases in Indonesia.
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2014 | ||||
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Fine Asian gourmet food is offered by an internet-first restaurant.
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2016 |
Financial Statements - Neerus Ensembles
| Date | Amount | Transaction Name | Valuation | Lead Investors | Investors |
|---|---|---|---|---|---|
| Jul, 2021 | Amount | Post-IPO - Grab | Valuation |
investors |
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| Feb, 2021 | Amount | Post-IPO - Grab | Valuation |
investors |
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| Jan, 2021 | Amount | Post-IPO - Grab | Valuation |
investors |
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| Feb, 2021 | Amount | Post-IPO - Grab | Valuation |
investors |
Neerus Ensembles Comparisons
Competitors of Neerus Ensembles
Neerus Ensembles operates in a dynamic and competitive business environment, facing competition from various established players and emerging companies in the market. The competitive landscape includes prominent companies such as Aza Fashions, Fabindia, Indya, Vedant Fashions and KALKI, among others. This competitive environment drives innovation, market differentiation, and strategic positioning as companies strive to capture market share and deliver value to their customers. Understanding the competitive dynamics is crucial for assessing market positioning, identifying growth opportunities, and navigating the challenges inherent in a competitive marketplace.
| Company Name | Domain | Founded year | HQ Location | Description |
|---|---|---|---|---|
| domain | founded_year | HQ Location |
Retail chain for luxury and designer apparel and accessories
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| domain | founded_year | HQ Location |
Internet first brand of ethnic wear, home furniture, and home decor products
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| domain | founded_year | HQ Location |
Multi channel fashion brand offering a range of traditional and contemporary ethnic wear
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| domain | founded_year | HQ Location |
Indian wedding and celebration wear is designed and sold by Vedant Fashions.
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| domain | founded_year | HQ Location |
Retail chain of Indian ethnic wear for women, men, and children
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| Company Name | Domain | Founded year | HQ Location | Description |
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| domain | founded_year | HQ Location |
Multiple services are booked via an app-based platform.
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| domain | founded_year | HQ Location |
On-demand services are booked through an app-based platform.
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| domain | founded_year | HQ Location |
App based platform offering on demand delivery and ride-hailing services
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| domain | founded_year | HQ Location |
Operates an on-demand hyperlocal delivery app for food and groceries.
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Latest news on Neerus Ensembles
Frequently Asked Questions about Neerus Ensembles
When was Neerus Ensembles founded?
Neerus Ensembles was founded in 1971.
Where is Neerus Ensembles located?
Neerus Ensembles is headquartered in Hyderabad, India. It is registered at Hyderabad, Telangana, India.
How many employees does Neerus Ensembles have?
As of Mar 31, 2023, the latest employee count at Neerus Ensembles is 593.
What is the annual revenue of Neerus Ensembles?
Annual revenue of Neerus Ensembles is $23.1M as on Mar 31, 2023.
What does Neerus Ensembles do?
Neerus, established in 1971, designs and manufactures traditional Indian ethnic wear such as kurtis, sarees, lehengas, and salwar kameez. Based in Hyderabad, India, they operate online platforms for direct sales and supply retailers nationwide. The company focuses on high-quality fabrics and contemporary designs, serving customers for weddings, festivals, and daily wear, blending heritage with modern styles.
Who are the top competitors of Neerus Ensembles?
Neerus Ensembles's top competitors include Fabindia, Aza Fashions and Indya.
What products or services does Neerus Ensembles offer?
Neerus Ensembles offers Kurtis, Sarees, Lehengas, and Salwar Kameez.