About Net Avenue Technologies
Net Avenue Technologies is a company based in Chennai (India) founded in 1998 by Rajesh Nahar and Ritesh Katariya. Net Avenue Technologies has raised $7.38 million across 4 funding rounds from investors including Athera Venture Partners, Ojas Venture Partners and Forum Synergies. The company has 86 employees as of March 30, 2024. Net Avenue Technologies offers products and services including Cbazaar and Ethnovog. Net Avenue Technologies operates in a competitive market with competitors including Aza Fashions, Fabindia, Indya, Vedant Fashions and KALKI, among others.
- Headquarter Chennai, India
- Employees 86 as on 30 Mar, 2024
- Founders Rajesh Nahar, Ritesh Katariya
- Stage Public
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Sectors
Retail
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Email
***********
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Phone
*********
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Website
*********
- Legal Name Net Avenue Technologies Ltd.
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Annual Revenue
$3.17 M (USD)1.53as on Mar 31, 2025
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Net Profit
-$487.4 K (USD)-163.35as on Mar 31, 2025
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EBITDA
-$413.89 K (USD)-83.46as on Mar 31, 2025
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Total Equity Funding
$7.38 M (USD)
in 4 rounds
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Latest Funding Round
$2.03 M (USD), Unspecified
Jun 26, 2015
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Investors
Athera Venture Partners
& 3 more
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Employee Count
86
as on Mar 30, 2024
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IPO & Listings of Net Avenue Technologies
Net Avenue Technologies is a publicly listed company on the NSE with ticker symbol CBAZAAR in India, operating in the Retail trade sector. As a publicly traded entity, the company provides investors with opportunities to participate in its growth story through equity ownership. The listing enables access to capital markets, enhances corporate visibility, and provides liquidity for shareholders while maintaining transparency through regulatory compliance and regular financial disclosures.
Products & Services of Net Avenue Technologies
Net Avenue Technologies offers a comprehensive portfolio of products and services, including Cbazaar and Ethnovog.
Online service for ethnic Indian clothing and gifting purchases.
Platform offering Indian designer clothes and jewellery options.
Funding Insights of Net Avenue Technologies
Net Avenue Technologies has successfully raised a total of $7.38M across 4 strategic funding rounds. The most recent funding activity was a Unspecified round of $2.03 million completed in June 2015. This substantial capital infusion reflects strong investor confidence in the company's business model, growth potential, and market opportunities. The funding enables strategic expansion, product development, market penetration, and operational scaling to drive long-term value creation and competitive advantage.
- Total Funding Total Funding
- Total Rounds 4
- Last Round Unspecified — $2.0M
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First Round
First Round
(28 Apr 2012)
- Investors Count 4
| Date | Amount | Transaction Name | Valuation | Lead Investors | Investors |
|---|---|---|---|---|---|
| Jun, 2015 | Amount | Unspecified - Net Avenue Technologies | Valuation | Athera , Ojas Venture Partners |
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| Dec, 2014 | Amount | Unspecified - Net Avenue Technologies | Valuation | Ojas Venture Partners |
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| Nov, 2014 | Amount | Unspecified - Net Avenue Technologies | Valuation | Athera |
Investors in Net Avenue Technologies
Net Avenue Technologies has secured backing from 4 investors, including venture fund and institutional investors. Prominent investors backing the company include Athera Venture Partners, Ojas Venture Partners and Forum Synergies.
| Investor | Description | Founded Year | Domain | Location |
|---|---|---|---|---|
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Early-stage venture capital investments are provided by Athera.
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Founded Year | Domain | Location | |
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Early stage venture capital firm investing in India and US
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Founded Year | Domain | Location | |
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Private equity investments in India are handled by Forum Synergies.
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Founded Year | Domain | Location |
Investments & Acquisitions by Net Avenue Technologies
Financial Statements - Net Avenue Technologies
Net Avenue Technologies Comparisons
Competitors of Net Avenue Technologies
Net Avenue Technologies 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.
| 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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| domain | founded_year | HQ Location |
Sells Indian ethnic clothing including kurtis, sarees, and lehengas online and in stores.
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Latest news on Net Avenue Technologies
Frequently Asked Questions about Net Avenue Technologies
Net Avenue Technologies was founded in 1998 and raised its 1st funding round 14 years after it was founded.
Net Avenue Technologies is headquartered in Chennai, India. It is registered at Chennai, Tamil Nadu, India.
Net Avenue Technologies is a funded company, having raised a total of $7.38M across 4 funding rounds to date. The company's 1st funding round was a Unspecified of $1.77M, raised on Apr 28, 2012.
As of Mar 30, 2024, the latest employee count at Net Avenue Technologies is 86.
Annual revenue of Net Avenue Technologies is $3.17M as on Mar 31, 2025.
The company was founded in 1998 in Chennai, India, and operates as an e-tailer in the fashion sector, focusing on ethnic Indian clothing and jewelry through online platforms. Gifting solutions are offered, alongside diversification into designer clothes and jewelry. Global reach for Indian fashion is targeted, while a culture of respect and an open-door policy among employees is maintained.
Net Avenue Technologies's top competitors include Fabindia, Aza Fashions and Indya.
Net Avenue Technologies offers Cbazaar and Ethnovog.
Yes, Net Avenue Technologies is publicly traded on NSE under the ticker symbol CBAZAAR.
Net Avenue Technologies has 4 investors. Key investors include Athera Venture Partners, Ojas Venture Partners, Forum Synergies, and Chayadeep Ventures.
The ticker symbol of Net Avenue Technologies is CBAZAAR on NSE.
The valuation of Net Avenue Technologies is $16.58M as of Jun 2015.