About Shree
Shree is a company based in Delhi (India) founded in 2009 by Sheetal Kapoor and Sandeep Kapoor. Shree has raised $11.49 million across 1 funding round from investors including Falcon, SLK Software and RSH Global. Shree offers products and services including Kurtas & Kurtis, Dresses, Ethnic Sets, and Co-ord Sets. Shree operates in a competitive market with competitors including Fashor, Dressfolk, Suta, House of Chikankari and trueBrowns, among others.
- Headquarter Delhi, India
- Founders Sheetal Kapoor, Sandeep Kapoor
- Stage Minicorn
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Sectors
Retail
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Email
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Phone
*********
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Website
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Social
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Annual Revenue
$9.06 M (USD)23as on Mar 31, 2024
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Net Profit
-$1.31 M (USD)-1as on Mar 31, 2024
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EBITDA
-$904.28 K (USD)10as on Mar 31, 2024
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Total Equity Funding
$11.49 M (USD)
in 1 rounds
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Latest Funding Round
$11.49 M (USD), Series A
May 08, 2019
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Investors
Falcon
& 112 more
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Employee Count
Employee Count
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Products & Services of Shree
Shree offers a comprehensive portfolio of products and services, including Kurtas & Kurtis, Dresses, Ethnic Sets, and Co-ord Sets.
Traditional Indian tops for women with various prints and fabrics.
Ethnic and casual dresses for women occasions.
Coordinated sets with dupattas for traditional wear.
Matching tops and bottoms for modern ethnic style.
Funding Insights of Shree
Shree has successfully raised a total of $11.49M through 1 strategic funding round. The most recent funding activity was a Series A round of $11.49 million completed in May 2019. 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 Total Funding
- Total Rounds 1
- Last Round Series A — $11.5M
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First Round
First Round
(08 May 2019)
- Investors Count 113
| Date | Amount | Transaction Name | Valuation | Lead Investors | Investors |
|---|---|---|---|---|---|
| May, 2019 | Amount | Series A - Shree | Valuation | OAKS , Kaushik Nanubhai Majithia |
Investors in Shree
Shree has secured backing from 113 investors, including institutional, angel, and venture fund investors. Prominent investors backing the company include Falcon, SLK Software and RSH Global.
| Investor | Description | Founded Year | Domain | Location |
|---|---|---|---|---|
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Venture capital firm investing in technology and consumer companies with a focus on scaling and market dominance.
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Founded Year | Domain | Location | |
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Investments, agriculture, and energy services provided by CIL.
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Founded Year | Domain | Location | |
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Diversified asset management services are provided by OAKS.
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Founded Year | Domain | Location |
Investments & Acquisitions by Shree
Financial Statements - Shree
Shree Comparisons
Competitors of Shree
Shree operates in a dynamic and competitive business environment, facing competition from various established players and emerging companies in the market. The competitive landscape includes prominent companies such as Fashor, Dressfolk, Suta, House of Chikankari and trueBrowns, among others.
| Company Name | Domain | Founded year | HQ Location | Description |
|---|---|---|---|---|
| domain | founded_year | HQ Location |
Ethnic wear for women is offered via an internet-first brand.
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| domain | founded_year | HQ Location |
Handcrafted ethnic wear for women is offered online by Dressfolk.
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| domain | founded_year | HQ Location |
Online platform selling traditional Indian apparel and accessories.
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| domain | founded_year | HQ Location |
Hand-embroidered Chikankari apparel for men and women is provided.
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| domain | founded_year | HQ Location |
Women's apparel is offered through an internet-first brand.
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| domain | founded_year | HQ Location |
Ethnic wear for women is offered online by Shobitam.
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Frequently Asked Questions about Shree
Shree was founded in 2009 and raised its 1st funding round 10 years after it was founded.
Shree is headquartered in Delhi, India. It is registered at Delhi, Delhi, India.
Shree is a funded company, having raised a total of $11.49M across 1 funding round to date. The company's 1st funding round was a Series A of $11.49M, raised on May 08, 2019.
Annual revenue of Shree is $9.06M as on Mar 31, 2024.
Shree was established in 2009 in Delhi, India, with Sheetal Kapoor and Sandeep Kapoor serving as co-founders and managing directors. Operations are centered on the apparel sector as an internet-first brand, where ethnic wear for women is retailed primarily through the byshree.com domain. Focus is placed on online sales and distribution within the Indian market, supporting direct-to-consumer access in womens fashion.
Shree's top competitors include Fashor, Dressfolk and House of Chikankari.
Shree offers Kurtas & Kurtis, Dresses, Ethnic Sets, and Co-ord Sets.
Shree has 113 investors. Key investors include Falcon, SLK Software, RSH Global, L N Bangur Group, and Foodlink Catering.
The valuation of Shree is $19.68M as of May 2019.