About Picksilk
Picksilk is a Retail company based in Bengaluru (India) founded in 2015 by Manjula Gupta and Hareesh Vemala, and was acquired by Voonik in June 2016. Online private label saree brand. The company was acqui-hired. Its focus areas include Consumer, Fashion Tech, B2C Commerce and Apparel. Its legal entity in India is Picksilk Ecommerce Private Limited (U52300KA2016PTC092601). Its competitors include Fashor, Dressfolk and Suta; 2 of its 3 listed competitors have raised funding.
Company details
Picksilk was established in 2015 in Bengaluru, India, as an online platform specializing in ethnic wear. Silk sarees are curated from small artisans and weavers throughout India and offered for sale. Free shipping is extended across India, while paid options are available worldwide. Bulk orders are accommodated. The brand functions as a product of zakata.in and was acquired by Voonik in June 2016 for an undisclosed sum.
- Headquarters Bengaluru, India
- Founders Manjula Gupta, Hareesh Vemala
- Stage Acquired
- SectorsRetail
- Website picksilk.com
- Social X Facebook
- Acquired by Voonik (Jun 2016)
- Legal Name Picksilk Ecommerce Private Limited
- Date of Incorporation 27 Apr, 2016
- Jurisdiction Bangalore, Karnataka, India
Associated legal entities of Picksilk
Picksilk operates through Picksilk Ecommerce Private Limited (active). Its filings, financials, charges and directors are on the company page.
| Legal entity | Status | Incorporated | Registered in | Revenue | Employees | Directors | Company page |
|---|---|---|---|---|---|---|---|
| Picksilk Ecommerce Private Limited CIN U52300KA2016PTC092601 | Active | 27 Apr 2016 | Bangalore, Karnataka | 2 | View details |
Investors in Picksilk
Picksilk has secured backing from 1 investor. Prominent investors backing the company include Voonik.
| Investor | Description | Founded Year | Domain | Location |
|---|---|---|---|---|
Technology, logistics, and financing solutions are provided to businesses. | 2013 | voonik.com | Bengaluru, India |
Investor details for Picksilk
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Board of directors of Picksilk Ecommerce Private Limited (Picksilk)
Picksilk Ecommerce Private Limited is the primary company behind Picksilk. The board of Picksilk Ecommerce Private Limited currently have 2 directors; the longest-serving is Hareesh Vemala, appointed in 2016. 1 earlier director has ceased.
| Director | Designation | Appointed | Tenure | Entity |
|---|---|---|---|---|
| Hareesh Vemala DIN 07031714 | Director | 27 Apr 2016 | 10 yrs 6 mo | Picksilk Ecommerce Private Limited |
| Manjula Gupta DIN 07504005 | Director | 27 Apr 2016 | 10 yrs 6 mo | Picksilk Ecommerce Private Limited |
People of Picksilk
2 people are tracked at Picksilk (2 in leadership).
| Name | Role | Group |
|---|---|---|
| Co-Founder | Leadership | |
| Co-Founder | Leadership |
Complete people profiles for Picksilk
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Timeline of Picksilk
2 dated milestones of Picksilk across 1 years, from founding to its latest funding, stage changes and deals.
- Founded Picksilk is founded.
- Exit Acquired by Voonik.
Competitors of Picksilk
Picksilk has 3 listed competitors in our database, 2 of them funded. They include Fashor, Dressfolk and Suta.
| Company Name | Domain | Founded | HQ Location | Total funding | Employees | Description |
|---|---|---|---|---|---|---|
| fashor.com | 2017 | Chennai, India | $6.23M | 232 | Ethnic wear for women is offered via an internet-first brand. | |
| dressfolk.com | 2015 | Delhi, India | $838,736 | 5 | Handcrafted ethnic wear for women is offered online by Dressfolk. | |
| suta.in | 2016 | Mumbai, India | 231 | Online platform selling traditional Indian apparel and accessories. |
Detailed competitors of Picksilk
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Top companies in Fashion & Lifestyle E-Commerce
3 companies that operate in the same segment as Picksilk (Fashion & Lifestyle E-Commerce) in India, ranked by their profile score on The Company Check.
| Company | Description | Founded | Location | Total funding | Revenue | Employees |
|---|---|---|---|---|---|---|
Eyewear is offered online for men, women, and kids. | 2010 | Gurugram, Haryana, India | USD 1.04 B | USD 939.4 M | 18,984 | |
Fashion and lifestyle products are offered via an online marketplace. | 2007 | Bengaluru, Karnataka, India | USD 123.71 M | USD 639.15 M | 1,031 | |
Gold and silver jewellery, lab-grown diamonds, and accessories are retailed. | 2019 | Bengaluru, Karnataka, India | USD 144.58 M | USD 32.66 M | 711 |
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Related news about Picksilk
Complete news archive for Picksilk
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Frequently Asked Questions about Picksilk
Picksilk was founded in 2015.
Picksilk is headquartered in Bengaluru, India. It is registered at Bengaluru, Karnataka, India.
Picksilk was established in 2015 in Bengaluru, India, as an online platform specializing in ethnic wear. Silk sarees are curated from small artisans and weavers throughout India and offered for sale. Free shipping is extended across India, while paid options are available worldwide. Bulk orders are accommodated. The brand functions as a product of zakata.in and was acquired by Voonik in June 2016 for an undisclosed sum.
Picksilk has 1 investor. Key investors include Voonik.
Picksilk operates through Picksilk Ecommerce Private Limited.
Yes. Picksilk was acquired by Voonik in June 2016.
The legal entities of Picksilk currently have 2 directors, including Hareesh Vemala, Manjula Gupta.