About Paragon Footwear
Paragon Footwear is a company based in Bengaluru (India) founded in 1975 by Sajan K Thomas, Joseph K Thomas, Mani K Thomas, Reji Abraham, and K T Thomas was acquired by CLEAN in January 2016. It operates as a Direct-to-Consumer (D2C), and Reseller / Distribution. The company has 3,199 employees as of February 10, 2025. Paragon Footwear offers products and services including Men's Sandals, Women's Sandals, and Kids' School Shoes.
- Headquarter Bengaluru, India
- Employees 3199 as on 10 Feb, 2025
- Founders Sajan K Thomas, Joseph K Thomas, Mani K Thomas, Reji Abraham, K T Thomas
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Sectors
Consumer
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Email
***********
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Phone
*********
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Website
*********
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Social
*********
- Legal Name Paragon Polymer Products Private Limited
- Jurisdiction Kottayam, Kerala, India
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Annual Revenue
$188.76 M (USD)-2.34as on Mar 31, 2024
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Net Profit
$-4.33 M (USD)15.8as on Mar 31, 2024
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EBITDA
$9.74 M (USD)41.35as on Mar 31, 2024
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Latest Funding Round
$28.5 K (USD), Grant
Mar 01, 2020
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Investors
European Union
& 1 more
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Employee Count
3199
as on Feb 10, 2025
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Acquired by
CLEAN
(Jan 08, 2016)
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Products & Services of Paragon Footwear
Paragon Footwear offers a comprehensive portfolio of products and services, including Men's Sandals, Women's Sandals, and Kids' School Shoes. 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.
Stylish sandals for men are offered for daily use.
Chic sandals for women are provided for various occasions.
Durable school shoes for kids are designed for comfort.
Funding Insights of Paragon Footwear
- Total Funding Total Funding
- Total Rounds 3
- Last Round Grant — $28,500
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First Round
First Round
(01 Sep 2018)
- Investors Count 1
| Date | Amount | Transaction Name | Valuation | Lead Investors | Investors |
|---|---|---|---|---|---|
| Mar, 2020 | Amount | Grant - Paragon Footwear | Valuation |
investors |
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| Nov, 2019 | Amount | Grant - Paragon Footwear | Valuation |
investors |
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| Sep, 2018 | Amount | Grant - Paragon Footwear | Valuation |
investors |
| 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 |
Investors in Paragon Footwear
Paragon Footwear has secured backing from 2 investors, including institutional investors. Prominent investors backing the company include European Union and CLEAN. This diverse investor base provides strategic capital, industry expertise, and valuable network connections that support the company's growth initiatives, market expansion, and long-term value creation.
| Investor | Description | Founded Year | Domain | Location |
|---|---|---|---|---|
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Government entites focused on freedom, democracy, equality and the rule of law, promoting peace and stability
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Founded Year | Domain | Location | |
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Rental and laundry services for workwear across sectors are provided.
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Founded Year | Domain | Location |
| Investor | Description | Founded Year | Domain | Location |
|---|---|---|---|---|
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Single family office of Amitabh Bachchan, founder of Amitabh Bachchan Corporation or AB CORP
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Founded Year | Domain | Location | |
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Startup ecosystems are ignited through strategic investments by Signite Partners.
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Founded Year | Domain | Location | |
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Venture capital is directed toward companies in multiple sectors.
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Founded Year | Domain | Location | |
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Venture capital is invested in cybersecurity, fintech, and AI startups.
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Founded Year | Domain | Location |
Investments & Acquisitions by Paragon Footwear
| 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 - Paragon Footwear
| 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 |
Paragon Footwear Comparisons
Competitors of Paragon Footwear
| Company Name | Domain | Founded year | HQ Location | Description |
|---|---|---|---|---|
| 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 Paragon Footwear
Frequently Asked Questions about Paragon Footwear
When was Paragon Footwear founded?
Paragon Footwear was founded in 1975 and raised its 1st funding round 43 years after it was founded.
Where is Paragon Footwear located?
Paragon Footwear is headquartered in Bengaluru, India. It is registered at Bengaluru, Karnataka, India.
How many employees does Paragon Footwear have?
As of Feb 10, 2025, the latest employee count at Paragon Footwear is 3,199.
What is the annual revenue of Paragon Footwear?
Annual revenue of Paragon Footwear is $188.76M as on Mar 31, 2024.
What does Paragon Footwear do?
A wide range of footwear for men, women, and children is offered by Paragon Footwear. Products including sandals, casual shoes, formal shoes, and school shoes are provided across various price ranges. The company caters to diverse needs such as daily wear, festive occasions, and rainy seasons. Comfort, durability, and style are emphasized in their collections. Solutions are tailored for different demographics with specific brands under their portfolio. The retail sector is primarily targeted through online and physical store distribution in India.
What products or services does Paragon Footwear offer?
Paragon Footwear offers Men's Sandals, Women's Sandals, and Kids' School Shoes.
Who are Paragon Footwear's investors?
Paragon Footwear has 2 investors. Key investors include European Union, and CLEAN.