Ombre Lane

Bengaluru, India Founded: 1990 • Age: 36 yrs
Internet first brand of casual and formal apparel wear for women

About Ombre Lane

Ombre Lane is a Retail company based in Bengaluru (India) founded in 1990 by Shweta Sharma and Prachi Sharma. It operates as an internet first brand of casual and formal apparel wear for women. Its Indian entity Praash Brands Private Limited reported revenue of ₹44 Lakh. Its focus areas include Consumer, Fashion Tech, B2C Commerce and Apparel. Its competitors include Hopscotch, Urbanic, Bewakoof, Styched and Virgio and 2 more; 7 of its 7 listed competitors have raised funding.

Company details

Ombre Lane was established in 1990 in Bengaluru, India, by co-founders Shweta Sharma and Prachi Sharma. The company operates within the apparel sector, specializing in womens casual and formal clothing such as tops, shirts, blouses, and dresses. All products are distributed exclusively via an online platform at ombrelane.com, serving customers through e-commerce channels.

  • Headquarters Bengaluru, India
  • Founders Shweta Sharma, Prachi Sharma
  • Sectors
    Retail
  • Email
    ••••••••
  • Phone
    •••• ••••
  • Website ombrelane.com
  • Social LinkedIn X Facebook
  • Legal Name Praash Brands Private Limited
  • Date of Incorporation 08 Apr, 2016
  • Jurisdiction Bangalore, Karnataka, India
Key Metrics
  • Annual Revenue
    ₹44 Lakh

    FY 2019 · +1260% YoY

  • Net Loss
    -₹23.7 Lakh

    FY 2019 · -54% margin

  • EBITDA
    -₹23.1 Lakh

    FY 2019 · -53% margin

Funding Insights of Ombre Lane

  • Total Rounds 1
  • Investors Count 3

All 1 funding rounds of Ombre Lane with amounts and investors; the two latest post-money valuations are shown, the rest are part of the premium plan.

DateAmountTransaction NameValuationLead InvestorsInvestors
Jan 2019–Angel Round–Akshay Kothari, Aditi Jha
–
Valuation history

3 investors in total: 0 institutional and 3 angel.

Investors in Ombre Lane

Ombre Lane has secured backing from 3 investors, including angel investors. Prominent investors backing the company include Akshay Kothari, Aditi Jha and Neeraja Balachander.

All
Angel
InvestorDescriptionFounded YearDomainLocation

Akshay Kothari

Co-founder of Notion, angel investor, ex-Pulse, Stanford alumnus
–unknown_eb85fe8b4e644606b-

Aditi Jha

-
–unknown_6a804f4bf84b4000a-

Neeraja Balachander

-
–unknown_962f451bfe3340ca8-
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Investor details for Ombre Lane

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Board of directors of Praash Brands Private Limited (Ombre Lane)

Praash Brands Private Limited is the primary company behind Ombre Lane. The board of Praash Brands Private Limited currently have 2 directors; the longest-serving is Prachi Sharma, appointed in 2016.

DirectorDesignationAppointedTenureEntity
Prachi Sharma
DIN 07478454
Director08 Apr 201610 yrs 6 moPraash Brands Private Limited
Shweta Sharma
DIN 07474107
Director08 Apr 201610 yrs 6 moPraash Brands Private Limited

People of Ombre Lane

2 people are tracked at Ombre Lane (2 in leadership).

NameRoleGroup
Co-FounderLeadership
Co-FounderLeadership
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Financials of Ombre Lane

Figures of Praash Brands Private Limited, the primary company behind Ombre Lane, for FY 2019. Revenue was ₹44 Lakh (+1260% year on year). Net loss was -₹23.7 Lakh (-54% margin). EBITDA was -₹23.1 Lakh (-53% margin).

  • ₹44 LakhRevenue · FY 2019 · +1260% YoY
  • -₹23.7 LakhNet loss · -54% margin
  • -₹23.1 LakhEBITDA · -53% margin
  • ₹1 LakhPaid-up capital

Balance sheet, profit and loss, cash flow and ratios of Praash Brands Private Limited are on its company page.

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Detailed financial statements for Ombre Lane

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Timeline of Ombre Lane

2 dated milestones of Ombre Lane across 29 years, from founding to its latest funding, stage changes and deals.

  1. Founded Ombre Lane is founded.
  2. Funding First funding round.

Competitors of Ombre Lane

Ombre Lane has 7 listed competitors in our database, 7 of them funded. They include Hopscotch, Urbanic, Bewakoof, Styched and Virgio, among others.

Company NameDomainFoundedHQ LocationTotal fundingEmployeesDescription
gethopscotch.com2011New York, United States$1.2M–
Programming is facilitated for children via drag-and-drop code blocks.
urbanic.com2019London, United Kingdom$160M109
Multi-category women's fashion apparel is offered online by Urbanic.
bewakoof.com2011Mumbai, India$39.49M161
Multi-category fashion products are sold by an internet-first brand.
styched.in2019Bengaluru, India$925,098–
Multi-category fashion for men and women is offered online.
virgio.com2022Bengaluru, India$37.76M74
Internet first brand offering apparel for men and women
freakins.com2021Mumbai, India$7.91M69
Online platform offering trendy and bold denim apparel
faballey.com2012Noida, India$31.37M152
Internet first brand of fashion accessories & apparel for women
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Detailed competitors of Ombre Lane

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Top companies in Fashion & Lifestyle E-Commerce

10 companies that operate in the same segment as Ombre Lane (Fashion & Lifestyle E-Commerce), ranked by their profile score on The Company Check.

CompanyDescriptionFoundedLocationTotal fundingRevenueEmployees
Eyewear is offered online for men, women, and kids.
2010Gurugram, Haryana, IndiaUSD 1.04 BUSD 939.4 M18,984
Fashion and lifestyle products are offered via an online marketplace.
2007Bengaluru, Karnataka, IndiaUSD 123.71 MUSD 542.17 M1,108
Gold and silver jewellery, lab-grown diamonds, and accessories are retailed.
2019Bengaluru, Karnataka, IndiaUSD 142.34 MUSD 32.66 M711
Photo editing and sharing apps are developed by Meitu.
2008Xiamen, Fujian, ChinaUSD 525 MUSD 536.99 M719
Subscription-based jewelry is provided by digital-first brand BlueStone.
2011Bengaluru, Karnataka, IndiaUSD 254.97 MUSD 259.64 M3,210
Men's fashion apparel is offered online by Bonobos.
2007New York, New York, United StatesUSD 127.67 M––
Metabolic health is tracked via devices and fitness platforms.
2019Bengaluru, Karnataka, IndiaUSD 163.28 MUSD 65.48 M274
Pre-owned fashion products are sold via an online marketplace.
2008Vilnius, Vilnius County, LithuaniaUSD 872.04 MUSD 2 M4,595
Online rental platform offering multi-category fashion products and accessories
2009New York, New York, United StatesUSD 326.35 MUSD 306.2 M887
Customizable smart lock screen experiences are developed for mobile devices.
2019Bengaluru, Karnataka, IndiaUSD 390 MUSD 73.11 M493
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Related news about Ombre Lane

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Frequently Asked Questions about Ombre Lane

Ombre Lane was founded in 1990 and raised its 1st funding round 29 years after it was founded.

Ombre Lane is headquartered in Bengaluru, India. It is registered at Bengaluru, Karnataka, India.

The primary company behind Ombre Lane, Praash Brands Private Limited, reported revenue of ₹44 Lakh for FY 2019, up 1260% year on year.

Ombre Lane was established in 1990 in Bengaluru, India, by co-founders Shweta Sharma and Prachi Sharma. The company operates within the apparel sector, specializing in womens casual and formal clothing such as tops, shirts, blouses, and dresses. All products are distributed exclusively via an online platform at ombrelane.com, serving customers through e-commerce channels.

Ombre Lane's top competitors include Freakins, Bewakoof and Virgio.

Ombre Lane has 3 investors. Key investors include Akshay Kothari, Aditi Jha, and Neeraja Balachander.

Ombre Lane operates through Praash Brands Private Limited.

The legal entities of Ombre Lane currently have 2 directors, including Prachi Sharma, Shweta Sharma.

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