About Pragati Fashions
Pragati Fashions is a Retail company based in Mumbai (India) founded in 1995. Upcoming fashion brand providing email sign-ups for latest updates and products. It operates on a D2C model. The company has 142 employees. Its Indian entity Pragati Fashions Private Limited reported revenue of ₹168 Cr. Pragati Fashions offers products and services including Fashion Update Service. Its focus areas include Consumer, Fashion and Apparel, Online Retail and Direct Sales. Its competitors include Bewakoof and Styched; 2 of its 2 listed competitors have raised funding.
Company details
Zola Fashions is a new fashion company launching soon, focusing on online retail through a website. Users can subscribe via email to receive updates on products and offerings. The brand emphasizes direct consumer engagement for fashion items, utilizing website features like cookie-based analytics for user experience. No specific location or clients are detailed in the available information.
- Headquarters Mumbai, India
- Employees 142
- SectorsRetail
- Website zolafashions.com
- Legal Name Pragati Fashions Private Limited
- Date of Incorporation 09 Jan, 1995
- Jurisdiction Mumbai, Maharashtra, India
- Annual Revenue₹168 Cr
FY 2025 · -9% YoY
- Net Profit₹30.3 Lakh
FY 2025 · 0% margin
- EBITDA₹5.52 Cr
FY 2025 · 3% margin
- Employee Count142
Associated legal entities of Pragati Fashions
Pragati Fashions operates through Pragati Fashions 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 |
|---|---|---|---|---|---|---|---|
| Pragati Fashions Private Limited CIN U18101MH1995PTC084480 | Active | 09 Jan 1995 | Mumbai, Maharashtra | ₹168 Cr | 142 | 3 | View details |
Products & Services of Pragati Fashions
Pragati Fashions offers a comprehensive portfolio of products and services, including Fashion Update Service.
Email-based service for subscribing to fashion product updates and launches.
Board of directors of Pragati Fashions Private Limited (Pragati Fashions)
Pragati Fashions Private Limited is the primary company behind Pragati Fashions. The board of Pragati Fashions Private Limited currently have 3 directors; the longest-serving is Kirti Lakhamshi Shah, appointed in 1995. 6 earlier directors have ceased.
| Director | Designation | Appointed | Tenure | Entity |
|---|---|---|---|---|
| Kirti Lakhamshi Shah DIN 00493995 | Director | 09 Jan 1995 | 31 yrs 10 mo | Pragati Fashions Private Limited |
| Pravin Champshi Gala DIN 01709453 | Director | 23 Aug 2007 | 19 yrs 2 mo | Pragati Fashions Private Limited |
| Rushabh Nanji Gala DIN 09540249 | Director | 01 Apr 2022 | 4 yrs 7 mo | Pragati Fashions Private Limited |
Financials of Pragati Fashions
Figures of Pragati Fashions Private Limited, the primary company behind Pragati Fashions, for FY 2025. Revenue was ₹168 Cr (-9% year on year). Net profit was ₹30.3 Lakh (0% margin). EBITDA was ₹5.52 Cr (3% margin). Revenue has grown at a compounded annual rate of +3% over three years and -2% over five years.
- ₹168 CrRevenue · FY 2025 · -9% YoY
- ₹30.3 LakhNet profit · 0% margin
- ₹5.52 CrEBITDA · 3% margin
- ₹1.50 CrPaid-up capital
- 142Employees (provident fund records)
- +3%Revenue CAGR, 3 years
- -2%Revenue CAGR, 5 years
Balance sheet, profit and loss, cash flow and ratios of Pragati Fashions Private Limited are on its company page.
Detailed financial statements for Pragati Fashions
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- Financial ratios
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Verified entity values are shown only after access is granted.
Competitors of Pragati Fashions
Pragati Fashions has 2 listed competitors in our database, 2 of them funded. They include Bewakoof and Styched.
| Company Name | Domain | Founded | HQ Location | Total funding | Employees | Description |
|---|---|---|---|---|---|---|
| bewakoof.com | 2011 | Mumbai, India | $39.49M | 161 | Multi-category fashion products are sold by an internet-first brand. | |
| styched.in | 2019 | Bengaluru, India | $925,098 | Multi-category fashion for men and women is offered online. |
Detailed competitors of Pragati Fashions
The full competitor set, operating metrics and side-by-side benchmarks require an active premium plan.
- Full competitor set
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Verified entity values are shown only after access is granted.
Top companies in Women Apparel E-Commerce
3 companies that operate in the same segment as Pragati Fashions (Women Apparel E-Commerce) in India, ranked by their profile score on The Company Check.
| Company | Description | Founded | Location | Total funding | Revenue | Employees |
|---|---|---|---|---|---|---|
Operates an online platform selling apparel items like trousers, jeans, shorts, and shoes. | 2014 | Bengaluru, Karnataka, India | USD 42 M | USD 99.04 M | 3,412 | |
Online platform selling stylish western clothing for women including dresses and tops. | 2015 | Gurugram, Haryana, India | USD 9.87 M | USD 10.15 M | 272 | |
Manages an e-commerce platform offering diverse fashion products for men, women, and kids. | 2016 | Mumbai, Maharashtra, India | 6 |
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Frequently Asked Questions about Pragati Fashions
Pragati Fashions was founded in 1995.
Pragati Fashions is headquartered in Mumbai, India. It is registered at Mumbai, Maharashtra, India.
Pragati Fashions has 142 employees.
The primary company behind Pragati Fashions, Pragati Fashions Private Limited, reported revenue of ₹168 Cr for FY 2025, down 9% year on year.
Zola Fashions is a new fashion company launching soon, focusing on online retail through a website. Users can subscribe via email to receive updates on products and offerings. The brand emphasizes direct consumer engagement for fashion items, utilizing website features like cookie-based analytics for user experience. No specific location or clients are detailed in the available information.
Pragati Fashions offers Fashion Update Service.
Pragati Fashions operates through Pragati Fashions Private Limited.
The legal entities of Pragati Fashions currently have 3 directors, including Kirti Lakhamshi Shah, Pravin Champshi Gala, Rushabh Nanji Gala.