About Reshamandi
Reshamandi is a company based in Bengaluru (India) founded in 2020 by Mayank Tiwari and Saurabh Agarwal. Provider of digital supply chain management solution for sericulture farmers and silk reelers. Reshamandi has completed 1 acquisition, including Hashtaag. Its chief executive, as recorded, is Mayank Tiwari. Its Indian entity Shapos Services Private Limited reported revenue of ₹416 Cr.
Company details
Reshamandi was founded in 2020 in Bengaluru, India, focusing on the sericulture sector. Digital solutions are offered to farmers and reelers, including AI-tested inputs, IoT-based advisories, hyper-local sourcing, and fair pricing for cocoons and yarn. Operations encompass graded procurement, quality linkages, and a mobile app on Android. Services connect stakeholders in the silk supply chain across relevant regions.
- Headquarters Bengaluru, India
- Founders Mayank Tiwari, Saurabh Agarwal
- Website reshamandi.com
- Social LinkedIn X Facebook
- Legal Name Shapos Services Private Limited
- Date of Incorporation 13 May, 2020
- Jurisdiction Bangalore, Karnataka, India
- Annual Revenue₹416 Cr
FY 2022 · +1917% YoY
- Net Loss-₹58.62 Cr
FY 2022 · -14% margin
- EBITDA-₹53.84 Cr
FY 2022 · -13% margin
- Investments & Acquisitions
Associated legal entities of Reshamandi
Reshamandi operates through Shapos Services Private Limited (under cirp). Its filings, financials, charges and directors are on the company page.
| Legal entity | Status | Incorporated | Registered in | Revenue (FY 2022) | Employees | Directors | Company page |
|---|---|---|---|---|---|---|---|
| Shapos Services Private Limited CIN U74110KA2020PTC134121 | Under Cirp | 13 May 2020 | Bangalore, Karnataka | ₹416 Cr | 317 | 3 | View details |
Board of directors of Shapos Services Private Limited (Reshamandi)
Shapos Services Private Limited is the primary company behind Reshamandi. The board of Shapos Services Private Limited currently have 3 directors; the longest-serving is Mayank Tiwari, appointed in 2020. 4 earlier directors have ceased.
| Director | Designation | Appointed | Tenure | Entity |
|---|---|---|---|---|
| Mayank Tiwari DIN 08741659 | Director | 13 May 2020 | 6 yrs 5 mo | Shapos Services Private Limited |
| Saurabh Kumar Agarwal DIN 06714761 | Director | 01 Jun 2020 | 6 yrs 4 mo | Shapos Services Private Limited |
| Ravindra Beleyur DIN 01847425 | IRP/RP/Liquidator | 25 Oct 2024 | 2 yrs | Shapos Services Private Limited |
People of Reshamandi
10 people are tracked at Reshamandi (6 in leadership, 4 in team).
| Name | Role | Group |
|---|---|---|
| Co-Founder & CEO | Leadership | |
| Co-Founder & CTO | Leadership | |
Jagadeesh Shetty | Chief Accounts Officer | Leadership |
Arjun S | Regional Sales Head | Leadership |
Ritesh Kumar | Chief Financial Officer | Leadership |
Samadrita Chakravarty | Group CFO | Leadership |
Parthiv Purani | SVP, Domestic Sales | Team |
Gayatri Londhe | Executive Analytics | Team |
Ashwin Joshi | Analytics Lead - Data Platform | Team |
Mahak Maurya | Manager - Strategy & Growth-scm | Team |
Complete people profiles for Reshamandi
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Financials of Reshamandi
Figures of Shapos Services Private Limited, the primary company behind Reshamandi, for FY 2022. Revenue was ₹416 Cr (+1917% year on year). Net loss was -₹58.62 Cr (-14% margin). EBITDA was -₹53.84 Cr (-13% margin).
- ₹416 CrRevenue · FY 2022 · +1917% YoY
- -₹58.62 CrNet loss · -14% margin
- -₹53.84 CrEBITDA · -13% margin
- ₹6.1 LakhPaid-up capital
- 317Employees (provident fund records)
Balance sheet, profit and loss, cash flow and ratios of Shapos Services Private Limited are on its company page.
Detailed financial statements for Reshamandi
Statement rows, ratios, five-year trends and downloadable financials of the group companies require an active premium plan.
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Investments & Acquisitions by Reshamandi
Reshamandi has strategically engaged in corporate development activities, having acquired 1 company. Notable acquisitions include Hashtaag.
| Company Name | Description | Domain | Location | Founded | Acquired | Amount |
|---|---|---|---|---|---|---|
An online coding and programming platform is offered by Hashtaag. | hashtaag.com | Bengaluru, India | 2015 | Mar 2022 | •••• |
Complete acquisition details for Reshamandi
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Timeline of Reshamandi
2 dated milestones of Reshamandi across 2 years, from founding to its latest funding, stage changes and deals.
- Founded Reshamandi is founded.
- Acquisition Acquires Hashtaag.
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Related news about Reshamandi
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Frequently Asked Questions about Reshamandi
Reshamandi was founded in 2020.
Reshamandi is headquartered in Bengaluru, India. It is registered at Bengaluru, Karnataka, India.
Mayank Tiwari is the CEO of Reshamandi, as recorded in our data. They have also founded this company.
The primary company behind Reshamandi, Shapos Services Private Limited, reported revenue of ₹416 Cr for FY 2022, up 1917% year on year.
Reshamandi was founded in 2020 in Bengaluru, India, focusing on the sericulture sector. Digital solutions are offered to farmers and reelers, including AI-tested inputs, IoT-based advisories, hyper-local sourcing, and fair pricing for cocoons and yarn. Operations encompass graded procurement, quality linkages, and a mobile app on Android. Services connect stakeholders in the silk supply chain across relevant regions.
Reshamandi has made 1 acquisition, including Hashtaag.
Reshamandi operates through Shapos Services Private Limited.
The legal entities of Reshamandi currently have 3 directors, including Ravindra Beleyur, Mayank Tiwari, Saurabh Kumar Agarwal.