About Paragon Footwear
Paragon Footwear is a Consumer company based in Bengaluru (India) founded in 1975 by Sajan K Thomas, Joseph K Thomas, Mani K Thomas, Reji Abraham, and K T Thomas, and was acquired by CLEAN in January 2016. It operates as a footwear for men, women, and kids is manufactured and sold by Paragon Footwear. It operates on a Direct-to-Consumer (D2C) and Reseller / Distribution model. The company has 3,199 employees. Its website paragonfootwear.com draws about 67 thousand monthly visits. Its Indian entity Paragon Polymer Products Private Limited reported revenue of ₹1,652 Cr. Paragon Footwear offers products and services including Men's Sandals, Women's Sandals, and Kids' School Shoes. Its focus areas include Consumer Goods, Apparel & Accessories and Footwear.
Company details
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.
- Headquarters Bengaluru, India
- Employees 3,199
- Founders Sajan K Thomas, Joseph K Thomas, Mani K Thomas, Reji Abraham, K T Thomas
- Stage Acquired
- SectorsConsumer
- Email••••••••
- Phone•••• ••••
- Website paragonfootwear.com
- Social LinkedIn X Facebook Instagram YouTube
- Acquired by CLEAN (Jan 2016)
- Legal Name Paragon Polymer Products Private Limited
- Date of Incorporation 27 Jul, 1990
- Jurisdiction Kottayam, Kerala, India
- Annual Revenue₹1,652 Cr
FY 2025 · +2% YoY
- Net Profit₹35.42 Cr
FY 2025 · 2% margin
- EBITDA₹177 Cr
FY 2025 · 11% margin
- Latest Funding Round$28.5K (USD), Grant
Mar 2020
- InvestorsEuropean Union
& 1 more
- Employee Count3,199
- Acquired byCLEAN
(Jan 2016)
Associated legal entities of Paragon Footwear
Paragon Footwear operates through Paragon Polymer Products Private Limited (active). Its filings, financials, charges and directors are on the company page.
| Legal entity | Status | Incorporated | Registered in | Revenue (FY 2025) | Employees | Directors | Company page |
|---|---|---|---|---|---|---|---|
| Paragon Polymer Products Private Limited CIN U24134KL1990PTC005761 | Active | 27 Jul 1990 | Kottayam, Kerala | ₹1,652 Cr | 3,199 | 10 | View details |
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.
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.
Apps and channels of Paragon Footwear
its YouTube channel Paragonfootwear has 7.55K subscribers and 30 videos.
Videos from Paragon Footwear
The most watched videos on Paragon Footwear's YouTube channel, Paragonfootwear (7.55K subscribers). Click a video to play it here.
More on Paragonfootwear.
Funding Insights of Paragon Footwear
- Total Rounds 3
- Last Round Grant — $28,500
- First Round $191,493
(Sep 2018)
- Investors Count 1
All 3 funding rounds of Paragon Footwear with amounts and investors; the two latest post-money valuations are shown, the rest are part of the premium plan.
| Date | Amount | Transaction Name | Valuation | Lead Investors | Investors |
|---|---|---|---|---|---|
| Mar 2020 | $28,500 | Grant | – | – | |
| Nov 2019 | $74,854 | Grant | – | – | |
| Sep 2018 | $191,493 | Grant | – | – |
2 investors in total: 2 institutional.
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.
| Investor | Description | Founded Year | Domain | Location |
|---|---|---|---|---|
Government entites focused on freedom, democracy, equality and the rule of law, promoting peace and stability | 1958 | europa.eu | Brussels, Belgium | |
Rental and laundry services for workwear across sectors are provided. | 1886 | cleanservices.co.uk | Gloucester, United Kingdom |
Investor details for Paragon Footwear
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Board of directors of Paragon Polymer Products Private Limited (Paragon Footwear)
Paragon Polymer Products Private Limited is the primary company behind Paragon Footwear. The board of Paragon Polymer Products Private Limited currently have 9 directors; the longest-serving is Joseph Koduvirachira Thomas, appointed in 1990. 11 earlier directors have ceased.
| Director | Designation | Appointed | Tenure | Entity |
|---|---|---|---|---|
| Joseph Koduvirachira Thomas DIN 00318521 | Director | 27 Jul 1990 | 36 yrs 2 mo | Paragon Polymer Products Private Limited |
| Sajan Koduvirachira Thomas DIN 00322126 | Director | 27 Jul 1990 | 36 yrs 2 mo | Paragon Polymer Products Private Limited |
| Thomas Koduvirachira Thomas DIN 00467883 | Director | 22 Dec 1993 | 32 yrs 9 mo | Paragon Polymer Products Private Limited |
| Reji Koduvirachirayil Joseph DIN 00418455 | Director | 01 Oct 1999 | 27 yrs | Paragon Polymer Products Private Limited |
| Vijoo Zachariah DIN 00053037 | Director | 27 Apr 2010 | 16 yrs 5 mo | Paragon Polymer Products Private Limited |
| Joseph Zachariah DIN 00051866 | Director | 27 Apr 2010 | 16 yrs 5 mo | Paragon Polymer Products Private Limited |
| Mani Koduvirachira Thomas DIN 00052008 | Director | 27 Apr 2010 | 16 yrs 5 mo | Paragon Polymer Products Private Limited |
| Rebecca Mathew DIN 06928527 | Director | 18 Jul 2014 | 12 yrs 3 mo | Paragon Polymer Products Private Limited |
| Mithun Abraham Joseph DIN 08892641 | Director | 24 Apr 2021 | 5 yrs 5 mo | Paragon Polymer Products Private Limited |
People of Paragon Footwear
9 people are tracked at Paragon Footwear (9 in leadership); the tracked headcount is 3,199.
| Name | Role | Group |
|---|---|---|
| Co-Founder | Leadership | |
| Co-Founder | Leadership | |
| Co-Founder | Leadership | |
| Co-Founder | Leadership | |
| Director | Leadership | |
K T Thomas | Co-Founder | Leadership |
| Director | Leadership | |
| Director & Sales Marketing | Leadership | |
| Director | Leadership |
Complete people profiles for Paragon Footwear
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Financials of Paragon Footwear
Figures of Paragon Polymer Products Private Limited, the primary company behind Paragon Footwear, for FY 2025. Revenue was ₹1,652 Cr (+2% year on year). Net profit was ₹35.42 Cr (2% margin). EBITDA was ₹177 Cr (11% margin). Revenue has grown at a compounded annual rate of 0% over three years and +1% over five years.
- ₹1,652 CrRevenue · FY 2025 · +2% YoY
- ₹35.42 CrNet profit · 2% margin
- ₹177 CrEBITDA · 11% margin
- ₹10.00 CrPaid-up capital
- 3,199Employees (provident fund records)
- 0%Revenue CAGR, 3 years
- +1%Revenue CAGR, 5 years
Balance sheet, profit and loss, cash flow and ratios of Paragon Polymer Products Private Limited are on its company page.
Detailed financial statements for Paragon Footwear
Statement rows, ratios, five-year trends and downloadable financials of the group companies require an active premium plan.
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Timeline of Paragon Footwear
4 dated milestones of Paragon Footwear across 45 years, from founding to its latest funding, stage changes and deals.
- Founded Paragon Footwear is founded.
- Exit Acquired by CLEAN.
- Funding First funding round of $191K.
- Funding Latest funding round, Grant, of $29K.
Web traffic of Paragon Footwear
The website of Paragon Footwear (paragonfootwear.com) receives about 67.3K visits a month.
- Monthly visits67.3K
▼ 9.7% vs previous month
Websites whose visitors overlap most with Paragon Footwear. Affinity shows how closely the audiences match.
| Website | Domain | Audience affinity | Monthly visits | Global rank | Profile |
|---|---|---|---|---|---|
| flipkart.com | 100% | 215.3M | #127 | View details | |
| amazon.in | 98% | – | #48 | View details | |
infibeam.com | infibeam.com | 89% | – | – | – |
| sreeleathers.com | 83% | 251.9K | #134,632 | View details | |
| tatacliq.com | 76% | 12.5M | #4,808 | View details | |
| •••••••••• | ••••••.com | ••% | •.•M | #••••• | – |
| •••••••••• | ••••••.com | ••% | •.•M | #••••• | – |
| •••••••••• | ••••••.com | ••% | •.•M | #••••• | – |
All 15 similar websites and full traffic analytics for Paragon Footwear
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Verified entity values are shown only after access is granted.
Top companies in Footwear Brands
10 companies that operate in the same segment as Paragon Footwear (Footwear Brands), ranked by their profile score on The Company Check.
| Company | Description | Founded | Location | Total funding | Revenue | Employees |
|---|---|---|---|---|---|---|
Brand of footwear | 2002 | Broomfield, Colorado, United States | – | USD 4.04 B | 7,910 | |
Internet first brand offering eco-friendly footwear for men and women | 2015 | San Francisco, California, United States | USD 254.66 M | USD 152.47 M | 388 | |
Cowboy boots, western wear, and workwear are retailed by BootBarn. | 1978 | Irvine, California, United States | – | USD 2.25 B | 10,400 | |
Designer footwear and accessories are designed and marketed worldwide. | 1990 | New York, New York, United States | – | USD 2.53 B | 4,800 | |
Casual footwear and fashion accessories are offered by Arezzo. | 1972 | Cariacica, Espirito Santo, Brazil | USD 43.59 M | USD 2.16 B | – | |
Footwear, apparel, and accessories for multiple sports are provided globally. | 1949 | Chiba, Chiba, Japan | – | USD 66.94 M | – | |
Multi-category footwear for men, women, and kids is sold online. | 2005 | Delhi, Delhi, India | USD 48.76 M | USD 189.08 M | 7,750 | |
Manufacturer of slippers, sandals, and sports & casual shoes | 1976 | Rohtak, Haryana, India | – | USD 287.67 M | 19,960 | |
Online platform for purchasing top international fashion and footwear brands. | 2016 | Bengaluru, Karnataka, India | – | – | – | |
Internet first brand of men, women and kids footwear products | 1992 | Manhattan Beach, California, United States | – | USD 19.07 M | 382 |
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Related news about Paragon Footwear
Complete news archive for Paragon Footwear
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Frequently Asked Questions about Paragon Footwear
Paragon Footwear was founded in 1975 and raised its 1st funding round 43 years after it was founded.
Paragon Footwear is headquartered in Bengaluru, India. It is registered at Bengaluru, Karnataka, India.
Paragon Footwear has 3,199 employees.
The primary company behind Paragon Footwear, Paragon Polymer Products Private Limited, reported revenue of ₹1,652 Cr for FY 2025, up 2% year on year.
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.
Paragon Footwear offers Men's Sandals, Women's Sandals, and Kids' School Shoes.
Paragon Footwear has 2 investors. Key investors include European Union, and CLEAN.
Paragon Footwear operates through Paragon Polymer Products Private Limited.
Yes. Paragon Footwear was acquired by CLEAN in January 2016.
The legal entities of Paragon Footwear currently have 10 directors, including Vijoo Zachariah, Thomas Koduvirachira Thomas, Joseph Koduvirachira Thomas and others.