About ShopVatika
ShopVatika was a Retail company based in Noida (India) founded in 2015. An online horizontal retail store for grocery, food, and fashion items. It operates on a B2C model. The company has 79 employees. Its Indian entity Ika India Private Limited reported revenue of ₹106 Cr. The company is recorded as dissolved. Its focus areas include E-Commerce, Online Stores and Grocery and Fashion. Similar companies include Flipkart, Myntra and Nykaa; 3 of its 3 listed similar companies have raised funding.
Company details
ShopVatika an online horizontal retail store for grocery, food, and fashion items, focusing on e-commerce, engaging in retail operations, online stores, and grocery and fashion. It serves clients with dedicated solutions, emphasizing quality, innovation, and sustainable growth in its core markets.
- Headquarters Noida, India
- Employees 79
- SectorsRetail
- Website shopvatika.com
- Social X Facebook
- Legal Name Ika India Private Limited
- Date of Incorporation 21 Nov, 2008
- Jurisdiction Bangalore, Karnataka, India
- Annual Revenue₹106 Cr
FY 2025 · +15% YoY
- Net Profit₹15.68 Cr
FY 2025 · 15% margin
- EBITDA₹23.20 Cr
FY 2025 · 22% margin
- Employee Count79
Associated legal entities of ShopVatika
ShopVatika operates through Ika 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 |
|---|---|---|---|---|---|---|---|
| Ika India Private Limited CIN U74900KA2008PTC048372 | Active | 21 Nov 2008 | Bangalore, Karnataka | ₹106 Cr | 79 | 4 | View details |
Board of directors of Ika India Private Limited (ShopVatika)
Ika India Private Limited is the primary company behind ShopVatika. The board of Ika India Private Limited currently have 4 directors; the longest-serving is Rene Alexandre Stiegelmann, appointed in 2008. 7 earlier directors have ceased.
| Director | Designation | Appointed | Tenure | Entity |
|---|---|---|---|---|
| Rene Alexandre Stiegelmann DIN 02374958 | Director | 21 Nov 2008 | 17 yrs 11 mo | Ika India Private Limited |
| Rajneesh Sood DIN 00009256 | Director | 01 Sep 2014 | 12 yrs 2 mo | Ika India Private Limited |
| Bukinakere Ramachandragowda Lohith DIN 09317940 | Whole-time director | 27 Jan 2022 | 4 yrs 9 mo | Ika India Private Limited |
| Govind Padmanabhan DIN 11500540 | Managing Director | 16 Feb 2026 | 8 mo | Ika India Private Limited |
Financials of ShopVatika
Figures of Ika India Private Limited, the primary company behind ShopVatika, for FY 2025. Revenue was ₹106 Cr (+15% year on year). Net profit was ₹15.68 Cr (15% margin). EBITDA was ₹23.20 Cr (22% margin). Revenue has grown at a compounded annual rate of +9% over three years and +13% over five years.
- ₹106 CrRevenue · FY 2025 · +15% YoY
- ₹15.68 CrNet profit · 15% margin
- ₹23.20 CrEBITDA · 22% margin
- ₹7.70 CrPaid-up capital
- 79Employees (provident fund records)
- +9%Revenue CAGR, 3 years
- +13%Revenue CAGR, 5 years
Balance sheet, profit and loss, cash flow and ratios of Ika India Private Limited are on its company page.
Detailed financial statements for ShopVatika
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Similar companies to ShopVatika
ShopVatika has 3 listed similar companies in our database, 3 of them funded. They include Flipkart, Myntra and Nykaa.
| Company Name | Domain | Founded | HQ Location | Total funding | Employees | Description |
|---|---|---|---|---|---|---|
| flipkart.com | 2007 | Bengaluru, India | $12.12B | 8,446 | Multi-category consumer products are offered via an online marketplace platform. | |
| myntra.com | 2007 | Bengaluru, India | $123.71M | 1,119 | Fashion and lifestyle products are offered via an online marketplace. | |
| nykaa.com | 2012 | Mumbai, India | $88.91M | 7,053 | Cosmetics, skincare, haircare, and wellness products are retailed online. |
Detailed similar companies of ShopVatika
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Top companies in Fashion & Lifestyle E-Commerce
3 companies that operate in the same segment as ShopVatika (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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Frequently Asked Questions about ShopVatika
ShopVatika was founded in 2015.
ShopVatika is headquartered in Noida, India. It is registered at Noida, Uttar Pradesh, India.
ShopVatika has 79 employees.
The primary company behind ShopVatika, Ika India Private Limited, reported revenue of ₹106 Cr for FY 2025, up 15% year on year.
ShopVatika an online horizontal retail store for grocery, food, and fashion items, focusing on e-commerce, engaging in retail operations, online stores, and grocery and fashion. It serves clients with dedicated solutions, emphasizing quality, innovation, and sustainable growth in its core markets.
ShopVatika operates through Ika India Private Limited.
The legal entities of ShopVatika currently have 4 directors, including Rene Alexandre Stiegelmann, Bukinakere Ramachandragowda Lohith, Rajneesh Sood and others.