About ReDesyn
ReDesyn is a Retail company based in Mumbai (India) founded in 2013 by Shikhar Vaidya and Smriti Dubey. Creators are enabled to monetize content and partner with brands. It operates in the Retail and Media & Entertainment sectors. ReDesyn has raised $1.93 million across 7 funding rounds from investors including LetsVenture, Capri Loans and Appyhigh. The company has 1 employees. ReDesyn was last valued at $4.54 million in July 2023. Its Indian entity Sinnamon Fashions Private Limited reported revenue of ₹3.05 Cr. Its focus areas include Consumer, Fashion Tech, Technology Enablers and Ecommerce Software Suite.
Company details
ReDesyn was founded in 2013 in Mumbai, India, as a platform in the creator economy sector. Tools are provided for creators to curate product collections and links, forming personalized stores for audiences. Brand deals are facilitated with commissions based on content and reach. Analytics are offered for performance tracking, alongside straightforward earnings withdrawal processes. Operations focus on supporting collaborations between creators and brands.
- Headquarters Mumbai, India
- Employees 1
- Founders Shikhar Vaidya, Smriti Dubey
- Stage Minicorn
- SectorsRetailMedia & Entertainment
- Email••••••••
- Website redesyn.com
- Social LinkedIn X Facebook Instagram
- Legal Name Sinnamon Fashions Private Limited
- Date of Incorporation 27 Sep, 2013
- Jurisdiction Thane, Maharashtra, India
- Annual Revenue₹3.05 Cr
FY 2023 · +358% YoY
- Net Loss-₹2.17 Cr
FY 2023 · -71% margin
- EBITDA-₹2.07 Cr
FY 2023 · -68% margin
- Total Equity Funding$1.93M (USD)
in 7 rounds
- Latest Funding Round$347.49K (USD), Series A
Feb 2024
- InvestorsLetsVenture
& 41 more
- Employee Count1
Associated legal entities of ReDesyn
ReDesyn operates through Sinnamon Fashions Private Limited (active). Its filings, financials, charges and directors are on the company page.
| Legal entity | Status | Incorporated | Registered in | Revenue (FY 2023) | Employees | Directors | Company page |
|---|---|---|---|---|---|---|---|
| Sinnamon Fashions Private Limited CIN U18202MH2013PTC248613 | Active | 27 Sep 2013 | Thane, Maharashtra | ₹3.0 Cr | 6 | 2 | View details |
Funding Insights of ReDesyn
ReDesyn has successfully raised a total of $1.93M across 7 strategic funding rounds. The most recent funding activity was a Series A round of $347.49 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 $1.93M
- Total Rounds 7
- Last Round Series A — $347,493
- First Round $23,979
(Oct 2016)
- Investors Count 42
All 7 funding rounds of ReDesyn 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 |
|---|---|---|---|---|---|
| Feb 2024 | $347,493 | Series A | – | LetsVenture, Fluid Ventures | |
| Jul 2023 | $426,125 | Series A | $4.54M | Real Time Accelerator Fund | |
| Jul 2022 | $500,000 | Series A | $4.23M | Fluid Ventures, Modulor Capital | |
| Jul 2021 | $300,000 | Seed | – | Anthill Ventures | |
| Nov 2020 | $286,994 | Seed | $••••• | – | |
| May 2019 | $42,525 | Seed | $••••• | Sridham Enterprises | – |
| Oct 2016 | $23,979 | Seed | $••••• | thinQbate |
| Date | Valuation | Stage |
|---|---|---|
| Jul 2023 | $4.54M | •••••••• |
| Jul 2022 | $4.23M | •••••••• |
| Nov 2020 | $••••• | •••••••• |
Full valuation and stage history of ReDesyn
Every valuation point, the growth-stage changes (minicorn, soonicorn, unicorn) and the dates behind them require an active premium plan.
- All valuation points
- Stage changes
- Dates
- Exports
Verified entity values are shown only after access is granted.
Last known valuation $4.54M (Jul 2023). 42 investors in total: 22 institutional and 20 angel.
Investors in ReDesyn
ReDesyn has secured backing from 42 investors, including venture fund, angel, and institutional investors. Prominent investors backing the company include LetsVenture, Capri Loans and Appyhigh.
| Investor | Description | Founded Year | Domain | Location |
|---|---|---|---|---|
Angel investing and mentorship for early-stage startups in India. | 2022 | realtimeaf.com | Jaipur, India | |
Micro investments are targeted by Fluid Ventures venture capital fund. | fluidvc.in | Gurugram, India | ||
Venture capital firm investing in female-led startups and building founder communities in India. | 2018 | shecapital.vc | Delhi, India | |
Private equity firm focused on multiple sectors | Mumbai, India | |||
Early-stage venture capital and investment management are provided. | modulorcapital.com | Chandigarh, India | ||
Investments are made in early and growth stage tech startups. | anthillventures.com | Hyderabad, India | ||
Startup accelerator focused on foodtech and retail sectors | siliconroad.vc | Atlanta, United States | ||
Family office that invests in founders with scalable ideas | paipal.vc | Mysuru, India | ||
Potato farming, grain marketing, and equipment services in Maine. | 2019 | chanakyavc.com | Delhi, India | |
Angel network focused on early-stage investments | 2015 | faad.in | Delhi, India |
Investor details for ReDesyn
The complete investor list, round-by-round participation and investor portfolios require an active premium plan.
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Board of directors of Sinnamon Fashions Private Limited (ReDesyn)
Sinnamon Fashions Private Limited is the primary company behind ReDesyn. The board of Sinnamon Fashions Private Limited currently have 2 directors; the longest-serving is Shikhar Vaidya, appointed in 2013. 3 earlier directors have ceased.
| Director | Designation | Appointed | Tenure | Entity |
|---|---|---|---|---|
| Shikhar Vaidya DIN 06663058 | Director | 27 Sep 2013 | 13 yrs 1 mo | Sinnamon Fashions Private Limited |
| Smriti Dubey DIN 06994036 | Director | 08 Oct 2014 | 12 yrs 1 mo | Sinnamon Fashions Private Limited |
People of ReDesyn
5 people are tracked at ReDesyn (2 in leadership, 3 in team); the tracked headcount is 1.
| Name | Role | Group |
|---|---|---|
| Co-Founder | Leadership | |
| Co-Founder | Leadership | |
Akhand Pratap Rai | Backend Engineer | Team |
Chirag Saroj | Software Engineer | Team |
Devesh Rakhecha | Investor & Advisor | Team |
Complete people profiles for ReDesyn
Full employee and board profiles, team structure, tenure and professional contact details require an active premium plan.
- Full employee list
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Verified entity values are shown only after access is granted.
Financials of ReDesyn
Figures of Sinnamon Fashions Private Limited, the primary company behind ReDesyn, for FY 2023. Revenue was ₹3.05 Cr (+358% year on year). Net loss was -₹2.17 Cr (-71% margin). EBITDA was -₹2.07 Cr (-68% margin). Revenue has grown at a compounded annual rate of +39% over three years and +50% over five years.
- ₹3.05 CrRevenue · FY 2023 · +358% YoY
- -₹2.17 CrNet loss · -71% margin
- -₹2.07 CrEBITDA · -68% margin
- ₹34.4 LakhPaid-up capital
- 6Employees (provident fund records)
- +39%Revenue CAGR, 3 years
- +50%Revenue CAGR, 5 years
Balance sheet, profit and loss, cash flow and ratios of Sinnamon Fashions Private Limited are on its company page.
Detailed financial statements for ReDesyn
Statement rows, ratios, five-year trends and downloadable financials of the group companies require an active premium plan.
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- Downloads
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Timeline of ReDesyn
4 dated milestones of ReDesyn across 11 years, from founding to its latest funding, stage changes and deals.
- Founded ReDesyn is founded.
- Funding First funding round of $24K.
- Milestone Reaches Minicorn status.
- Funding Latest funding round, Series A, of $347K.
Web traffic of ReDesyn
Websites that share an audience with ReDesyn (redesyn.com).
Websites whose visitors overlap most with ReDesyn. Affinity shows how closely the audiences match.
| Website | Domain | Audience affinity | Monthly visits | Global rank | Profile |
|---|---|---|---|---|---|
pixies.in | pixies.in | 100% | #684,101 | – | |
| plumgoodness.com | 62% | 1.4M | #22,284 | View details |
Top companies in Fashion & Lifestyle E-Commerce
3 companies that operate in the same segment as ReDesyn (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 Redesyn
Complete news archive for ReDesyn
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Frequently Asked Questions about ReDesyn
ReDesyn was founded in 2013 and raised its 1st funding round 3 years after it was founded.
ReDesyn is headquartered in Mumbai, India. It is registered at Mumbai, Maharashtra, India.
ReDesyn is a funded company, having raised a total of $1.93M across 7 funding rounds to date. The company's 1st funding round was a Seed of $23.98K, raised on Oct 2016.
ReDesyn has 1 employees.
The primary company behind ReDesyn, Sinnamon Fashions Private Limited, reported revenue of ₹3.05 Cr for FY 2023, up 358% year on year.
ReDesyn was founded in 2013 in Mumbai, India, as a platform in the creator economy sector. Tools are provided for creators to curate product collections and links, forming personalized stores for audiences. Brand deals are facilitated with commissions based on content and reach. Analytics are offered for performance tracking, alongside straightforward earnings withdrawal processes. Operations focus on supporting collaborations between creators and brands.
ReDesyn has 42 investors. Key investors include LetsVenture, Capri Loans, Appyhigh, She Capital, and Faad Capital.
The valuation of ReDesyn is $4.54M as of Jul 2023.
ReDesyn operates through Sinnamon Fashions Private Limited.
The legal entities of ReDesyn currently have 2 directors, including Smriti Dubey, Shikhar Vaidya.