About Sarafa Bazar
Sarafa Bazar is a Retail company based in Saharanpur (India) founded in 2020 by Archit Jain. Online B2B marketplace for jewelry items is operated. Sarafa Bazar has raised $97.99 thousand across 1 funding round from investors including Rcjewels and Kanakratna Exim Pvt Ltd. The company has 1 employees. Sarafa Bazar was last valued at $1.12 million in December 2022. Its chief executive, as recorded, is Archit Jain. Its website sarafabazar.in draws about 44 thousand monthly visits. Its Indian entity Hm Sarafa Bazar India Private Limited reported revenue of ₹7.21 Cr. Its focus areas include B2B E-Commerce, Fashion, Finished Product and Jewellery. Its competitors include BizUp, Flipkart Wholesale and Zaveri Bazaar; 1 of its 3 listed competitors has raised funding.
Company details
Sarafa Bazar was founded in 2020 in Saharanpur, India, as an online B2B marketplace focused on jewelry. A diverse product catalog is maintained, covering rings, earrings, chains, pendants, necklaces, mangal sutras, bangles, bracelets, nose pins, anklets, and armlets. Operations are conducted through a digital platform, with a mobile application offered for download on the Apple App Store and Google Play Store.
- Headquarters Saharanpur, India
- Employees 1
- Founders Archit Jain
- Stage Minicorn
- SectorsRetail
- Email••••••••
- Phone•••• ••••
- Website sarafabazar.in
- Social LinkedIn Facebook
- Legal Name Hm Sarafa Bazar India Private Limited
- Date of Incorporation 12 Oct, 2022
- Jurisdiction Saharanpur, Uttar Pradesh, India
- Annual Revenue₹7.21 Cr
FY 2025 · +835% YoY
- Net Loss-₹18 Lakh
FY 2025 · -2% margin
- EBITDA-₹16.2 Lakh
FY 2025 · -2% margin
- Total Equity Funding$97.99K (USD)
in 1 rounds
- Latest Funding Round$97.99K (USD), Seed
Dec 2022
- InvestorsRcjewels
& 1 more
- Employee Count1
Associated legal entities of Sarafa Bazar
Sarafa Bazar operates through Hm Sarafa Bazar India 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 |
|---|---|---|---|---|---|---|---|
| Hm Sarafa Bazar India Private Limited CIN U36999UP2022PTC172036 | Active | 12 Oct 2022 | Saharanpur, Uttar Pradesh | ₹7.2 Cr | 2 | View details |
Funding Insights of Sarafa Bazar
Sarafa Bazar has successfully raised a total of $97.99K through 1 strategic funding round. The most recent funding activity was a Seed round of $97.99 thousand completed in December 2022. 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 $97,993
- Total Rounds 1
- Last Round Seed — $97,993
- First Round $97,993
(Dec 2022)
- Investors Count 2
All 1 funding rounds of Sarafa Bazar 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 |
|---|---|---|---|---|---|
| Dec 2022 | $97,993 | Seed | $1.12M | Rcjewels, KANAKRATNA . | – |
| Date | Valuation | Stage |
|---|---|---|
| Dec 2022 | $1.12M | •••••••• |
Last known valuation $1.12M (Dec 2022). 2 investors in total: 2 institutional.
Investors in Sarafa Bazar
Sarafa Bazar has secured backing from 2 investors, including institutional investors. Prominent investors backing the company include Rcjewels and Kanakratna Exim Pvt Ltd.
| Investor | Description | Founded Year | Domain | Location |
|---|---|---|---|---|
An online store for men's gold jewellery is operated. | rcjewels.in | Mumbai, India | ||
Manufacturing, exporting, and retailing of gold jewellery in India and abroad. | 2004 | kanakratna.com |
Investor details for Sarafa Bazar
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Board of directors of Hm Sarafa Bazar India Private Limited (Sarafa Bazar)
Hm Sarafa Bazar India Private Limited is the primary company behind Sarafa Bazar. The board of Hm Sarafa Bazar India Private Limited currently have 2 directors; the longest-serving is Rajiv Jain, appointed in 2022.
| Director | Designation | Appointed | Tenure | Entity |
|---|---|---|---|---|
| Rajiv Jain DIN 09763097 | Director | 12 Oct 2022 | 4 yrs | Hm Sarafa Bazar India Private Limited |
| Archit Jain DIN 09763098 | Director | 12 Oct 2022 | 4 yrs | Hm Sarafa Bazar India Private Limited |
People of Sarafa Bazar
1 people are tracked at Sarafa Bazar (1 in leadership); the tracked headcount is 1.
| Name | Role | Group |
|---|---|---|
| Founder & CEO | Leadership |
Complete people profiles for Sarafa Bazar
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Financials of Sarafa Bazar
Figures of Hm Sarafa Bazar India Private Limited, the primary company behind Sarafa Bazar, for FY 2025. Revenue was ₹7.21 Cr (+835% year on year). Net loss was -₹18 Lakh (-2% margin). EBITDA was -₹16.2 Lakh (-2% margin).
- ₹7.21 CrRevenue · FY 2025 · +835% YoY
- -₹18 LakhNet loss · -2% margin
- -₹16.2 LakhEBITDA · -2% margin
- ₹8.8 LakhPaid-up capital
Balance sheet, profit and loss, cash flow and ratios of Hm Sarafa Bazar India Private Limited are on its company page.
Detailed financial statements for Sarafa Bazar
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Timeline of Sarafa Bazar
3 dated milestones of Sarafa Bazar across 2 years, from founding to its latest funding, stage changes and deals.
- Founded Sarafa Bazar is founded.
- Funding First funding round of $98K.
- Milestone Reaches Minicorn status.
Competitors of Sarafa Bazar
Sarafa Bazar has 3 listed competitors in our database, 1 of them funded. They include BizUp, Flipkart Wholesale and Zaveri Bazaar.
| Company Name | Domain | Founded | HQ Location | Total funding | Employees | Description |
|---|---|---|---|---|---|---|
| bizup.app | 2021 | Delhi, India | $1.57M | 13 | Fashion B2B wholesale is enabled via zero-commission video shopping app. | |
| flipkartwholesale.com | 2020 | Bengaluru, India | 1,000 | Operates an app-based B2B platform for fashion products. | ||
| zaveribazaar.co.in | 2020 | Mumbai, India | Connects jewelry wholesalers, manufacturers, and retailers via app for networking. |
Detailed competitors of Sarafa Bazar
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Web traffic of Sarafa Bazar
The website of Sarafa Bazar (sarafabazar.in) receives about 43.7K visits a month.
- Monthly visits43.7K
▼ 21.3% vs previous month
Websites whose visitors overlap most with Sarafa Bazar. Affinity shows how closely the audiences match.
| Website | Domain | Audience affinity | Monthly visits | Global rank | Profile |
|---|---|---|---|---|---|
darjewellery.com | darjewellery.com | 100% | #805,714 | – | |
| manubhai.in | 99% | #537,571 | View details | ||
| francisalukkas.com | 96% | #1,297,472 | View details | ||
| wamanharipethesons.com | 95% | 36.9K | #695,897 | View details | |
| navrathan.com | 94% | 13.4K | #1,437,653 | View details | |
| •••••••••• | ••••••.com | ••% | •.•M | #••••• | – |
| •••••••••• | ••••••.com | ••% | •.•M | #••••• | – |
| •••••••••• | ••••••.com | ••% | •.•M | #••••• | – |
All 40 similar websites and full traffic analytics for Sarafa Bazar
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Top companies in Fashion & Lifestyle E-Commerce
3 companies that operate in the same segment as Sarafa Bazar (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 542.17 M | 1,108 | |
Gold and silver jewellery, lab-grown diamonds, and accessories are retailed. | 2019 | Bengaluru, Karnataka, India | USD 142.34 M | USD 32.66 M | 711 |
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Related news about Sarafa Bazar
Complete news archive for Sarafa Bazar
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Frequently Asked Questions about Sarafa Bazar
Sarafa Bazar was founded in 2020 and raised its 1st funding round 2 years after it was founded.
Sarafa Bazar is headquartered in Saharanpur, India. It is registered at Saharanpur, Uttar Pradesh, India.
Archit Jain is the CEO of Sarafa Bazar, as recorded in our data. They have also founded this company.
Sarafa Bazar is a funded company, having raised a total of $97.99K across 1 funding round to date. The company's 1st funding round was a Seed of $97.99K, raised on Dec 2022.
Sarafa Bazar has 1 employees.
The primary company behind Sarafa Bazar, Hm Sarafa Bazar India Private Limited, reported revenue of ₹7.21 Cr for FY 2025, up 835% year on year.
Sarafa Bazar was founded in 2020 in Saharanpur, India, as an online B2B marketplace focused on jewelry. A diverse product catalog is maintained, covering rings, earrings, chains, pendants, necklaces, mangal sutras, bangles, bracelets, nose pins, anklets, and armlets. Operations are conducted through a digital platform, with a mobile application offered for download on the Apple App Store and Google Play Store.
Sarafa Bazar's top competitors include Flipkart Wholesale, BizUp and Zaveri Bazaar.
Sarafa Bazar has 2 investors. Key investors include Rcjewels, and Kanakratna Exim Pvt Ltd.
The valuation of Sarafa Bazar is $1.12M as of Dec 2022.
Sarafa Bazar operates through Hm Sarafa Bazar India Private Limited.
The legal entities of Sarafa Bazar currently have 2 directors, including Rajiv Jain, Archit Jain.