Rashki

Delhi, India Founded: 2018 • Age: 8 yrs Minicorn
Multi-category accessories are offered by this internet-first brand.

About Rashki

Rashki is a Retail company based in Delhi (India) founded in 2018. Multi-category accessories are offered by this internet-first brand. Rashki has raised $527.6 thousand across 2 funding rounds from investors including LetsVenture, Dexter Angels and Kusum Jain. Rashki was last valued at $2.44 million in February 2023. Its website rashki.com draws about 38 thousand monthly visits. Its Indian entity Mygiraffe Lifestyle Private Limited reported revenue of β‚Ή8.95 Cr. Rashki offers products and services including Handbags, Laptop Bags, Backpacks, and Heels. Its focus areas include Consumer, Fashion Tech, B2C Commerce and Accessories. Its competitors include RangYatra, Inkmilan and Aulive.

Company details

Rashki was founded in 2018 and is headquartered in Delhi, India. Operations are conducted as an internet-first brand within the e-commerce sector, focusing on multi-category accessories. Products such as leather laptop bags, leather handbags, facemasks, and additional items are provided through the online platform at rashki.com. The company serves customers via digital channels in the accessories market.

Key Metrics
  • Annual Revenue
    ₹8.95 Cr

    FY 2024 · +215% YoY

  • Net Loss
    -₹2.10 Cr

    FY 2024 · -23% margin

  • EBITDA
    -₹1.91 Cr

    FY 2024 · -21% margin

  • Total Equity Funding
    $527.6K (USD)

    in 2 rounds

  • Latest Funding Round
    $272.92K (USD), Seed

    Feb 2024

  • Investors
    LetsVenture

    & 32 more

Products & Services of Rashki

Rashki offers a comprehensive portfolio of products and services, including Handbags, Laptop Bags, Backpacks, and Heels.

Handbags
Fashion Accessories

Stylish bags for daily and professional use

Laptop Bags
Functional Bags

Bags designed to carry laptops and essentials

Backpacks
Casual Accessories

Versatile backpacks for travel and work needs

Heels
Footwear

Fashion heels for styling and comfort

Funding Insights of Rashki

Rashki has successfully raised a total of $527.6K across 2 strategic funding rounds. The most recent funding activity was a Seed round of $272.92 thousand completed in February 2024. This substantial capital infusion reflects strong investor confidence in the company's business model, growth potential, and market opportunities. The funding enables strategic expansion, product development, market penetration, and operational scaling to drive long-term value creation and competitive advantage.

  • Total Funding $527,599
  • Total Rounds 2
  • Last Round Seed β€” $272,920
  • First Round $254,679

    (Feb 2023)

  • Investors Count 33

All 2 funding rounds of Rashki with amounts and investors; the two latest post-money valuations are shown, the rest are part of the premium plan.

DateAmountTransaction NameValuationLead InvestorsInvestors
Feb 2024$272,920Seed–LetsVenture, Prabir Jha
Feb 2023$254,679Seed$2.44MDexter Ventures, Dexter Angels
Valuation history
DateValuationStage
Feb 2023$2.44Mβ€’β€’β€’β€’β€’β€’β€’β€’

Last known valuation $2.44M (Feb 2023). 33 investors in total: 6 institutional and 27 angel.

Investors in Rashki

Rashki has secured backing from 33 investors, including angel, venture fund, and institutional investors. Prominent investors backing the company include LetsVenture, Dexter Angels and Kusum Jain.

All
Venture Fund
Institutional
Angel
InvestorDescriptionFounded YearDomainLocation
Early-stage tech startups are supported via venture capital and acceleration.
iimaventures.comAhmedabad, India
Pre-seed and seed-stage investments are made across multiple sectors.
dexter.venturesMumbai, India
Venture capital funding and support for pre-seed and seed-stage startups in India.
2019dexterangels.comMumbai, India
Venture capital firm focused on tech companies and real estate firm
tsmventures.netAustin, United States
Limited information available
morpheusananta.tcc.modeDelhi, India
Online platform that connects startup founders with accredited investors, enabling early-stage fundraising and investment opportunities for private market growth
2013letsventure.comBengaluru, India

Kusum Jain

unknown_db98f45ee6a843b8b

Shilpa Singh

unknown_8856bf4f9fe9496cb

Ruchir Chheda

unknown_acd9cdeb04244d33b

Anurag Choudhary

Founder of Zopper, active angel investor in Indian startups
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Investor details for Rashki

The complete investor list, round-by-round participation and investor portfolios require an active premium plan.

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Board of directors of Mygiraffe Lifestyle Private Limited (Rashki)

Mygiraffe Lifestyle Private Limited is the primary company behind Rashki. The board of Mygiraffe Lifestyle Private Limited currently have 3 directors; the longest-serving is Rustam Chaudhary, appointed in 2019. 7 earlier directors have ceased.

DirectorDesignationAppointedTenureEntity
Rustam Chaudhary
DIN 08454618
Director14 May 20197 yrs 5 moMygiraffe Lifestyle Private Limited
Rahul Jain
DIN 09586401
Director27 Apr 20224 yrs 6 moMygiraffe Lifestyle Private Limited
Shivani Dinesh Popat
DIN 09586208
Director27 Apr 20224 yrs 6 moMygiraffe Lifestyle Private Limited

Financials of Rashki

Figures of Mygiraffe Lifestyle Private Limited, the primary company behind Rashki, for FY 2024. Revenue was ₹8.95 Cr (+215% year on year). Net loss was -₹2.10 Cr (-23% margin). EBITDA was -₹1.91 Cr (-21% margin). Revenue has grown at a compounded annual rate of +148% over three years.

  • ₹8.95 CrRevenue · FY 2024 · +215% YoY
  • -₹2.10 CrNet loss · -23% margin
  • -₹1.91 CrEBITDA · -21% margin
  • ₹2.4 LakhPaid-up capital
  • 15Employees (provident fund records)
  • +148%Revenue CAGR, 3 years

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

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Detailed financial statements for Rashki

Statement rows, ratios, five-year trends and downloadable financials of the group companies require an active premium plan.

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Timeline of Rashki

4 dated milestones of Rashki across 6 years, from founding to its latest funding, stage changes and deals.

  1. Founded Rashki is founded.
  2. Funding First funding round of $255K.
  3. Milestone Reaches Minicorn status.
  4. Funding Latest funding round, Seed, of $273K.

Competitors of Rashki

Rashki has 3 listed competitors in our database. They include RangYatra, Inkmilan and Aulive.

Company NameDomainFoundedHQ LocationTotal fundingEmployeesDescription
rangyatra.in2024Zirakpur, India
Online fashion brand offering a variety of handbags and wallets.
inkmilan.com2021Delhi, India
Online retailer specializing in vegan leather bags and accessories for consumers.
aulive.in2017Delhi, India
Operates a direct-to-consumer brand offering handcrafted vegan leather handbags and wallets.
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Detailed competitors of Rashki

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Web traffic of Rashki

The website of Rashki (rashki.com) receives about 37.8K visits a month.

  • Monthly visits
    37.8K

    ▼ 22.6% vs previous month

Similar websites

Websites whose visitors overlap most with Rashki. Affinity shows how closely the audiences match.

WebsiteDomainAudience affinityMonthly visitsGlobal rankProfile
okamiwolf.com
okamiwolf.com
100%
#671,370–
shopmiri.com
100%
55.5K#665,457View details
carrypro.in
99%
28.8K#880,654View details
houseofgulab.com
houseofgulab.com
98%
–
shyle.in
98%
233.3K#223,302View details
β€’β€’β€’β€’β€’β€’β€’β€’β€’β€’β€’β€’β€’β€’β€’β€’.comβ€’β€’%β€’.β€’M#‒‒‒‒‒–
β€’β€’β€’β€’β€’β€’β€’β€’β€’β€’β€’β€’β€’β€’β€’β€’.comβ€’β€’%β€’.β€’M#‒‒‒‒‒–
β€’β€’β€’β€’β€’β€’β€’β€’β€’β€’β€’β€’β€’β€’β€’β€’.comβ€’β€’%β€’.β€’M#‒‒‒‒‒–
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All 40 similar websites and full traffic analytics for Rashki

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Top companies in Fashion & Lifestyle E-Commerce

3 companies that operate in the same segment as Rashki (Fashion & Lifestyle E-Commerce) in India, 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 143.24 MUSD 32.66 M711
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Related news about Rashki

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Complete news archive for Rashki

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Frequently Asked Questions about Rashki

Rashki was founded in 2018 and raised its 1st funding round 5 years after it was founded.

Rashki is headquartered in Delhi, India. It is registered at Delhi, Delhi, India.

Rashki is a funded company, having raised a total of $527.6K across 2 funding rounds to date. The company's 1st funding round was a Seed of $254.68K, raised on Feb 2023.

The primary company behind Rashki, Mygiraffe Lifestyle Private Limited, reported revenue of β‚Ή8.95 Cr for FY 2024, up 215% year on year.

Rashki was founded in 2018 and is headquartered in Delhi, India. Operations are conducted as an internet-first brand within the e-commerce sector, focusing on multi-category accessories. Products such as leather laptop bags, leather handbags, facemasks, and additional items are provided through the online platform at rashki.com. The company serves customers via digital channels in the accessories market.

Rashki's top competitors include RangYatra, Aulive and Inkmilan.

Rashki offers Handbags, Laptop Bags, Backpacks, and Heels.

Rashki has 33 investors. Key investors include LetsVenture, Dexter Angels, Kusum Jain, Shilpa Singh, and Ruchir Chheda.

The valuation of Rashki is $2.44M as of Feb 2023.

Rashki operates through Mygiraffe Lifestyle Private Limited.

The legal entities of Rashki currently have 3 directors, including Rustam Chaudhary, Rahul Jain, Shivani Dinesh Popat.

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