About Shyaway
Shyaway is a Retail company based in Chennai (India) founded in 2015 by Sanjay Dangi, Chella Kannan, and Gopinath Ramachandran. Multi-category womens fashion apparels are offered via an online platform. Shyaway has raised $640.48 thousand across 2 funding rounds from investors including Altis Resources. The company has 127 employees. Its website shyaway.com draws about 697 thousand monthly visits. Its Indian entity Genxlead Retail Private Limited reported revenue of ₹11.67 Cr. Its focus areas include Consumer, Fashion Tech, B2C Commerce and Apparel. Its competitors include Clovia, Zivame and Bummer; 3 of its 3 listed competitors have raised funding.
Company details
Shyaway was established in 2015 in Chennai, India, as an e-commerce platform focused on womens apparel. A range of products including bras, panties, nightwear, sleepwear, legwear, fashion dresses, and swimwear is provided through its online catalog. Operations center on direct-to-consumer sales in the fashion sector, with leadership shared among co-founders Sanjay Dangi, Chella Kannan, and Gopinath Ramachandran.
- Headquarters Chennai, India
- Employees 127
- Founders Sanjay Dangi, Chella Kannan, Gopinath Ramachandran
- SectorsRetail
- Website category Lifestyle · Fashion and Apparel
- Email••••••••
- Phone•••• ••••
- Website shyaway.com
- Social LinkedIn X Facebook Instagram YouTube
- Legal Name Genxlead Retail Private Limited
- Date of Incorporation 06 Feb, 2015
- Jurisdiction Thiruvallur, Tamil Nadu, India
- Annual Revenue₹11.67 Cr
FY 2022 · -19% YoY
- Net Loss-₹1.30 Cr
FY 2022 · -11% margin
- EBITDA-₹1.20 Cr
FY 2022 · -10% margin
- Total Equity Funding$640.48K (USD)
in 2 rounds
- Latest Funding Round$249.33K (USD), Seed
Mar 2021
- Employee Count127
Associated legal entities of Shyaway
Shyaway operates through Genxlead Retail Private Limited (active). Its filings, financials, charges and directors are on the company page.
| Legal entity | Status | Incorporated | Registered in | Revenue (FY 2022) | Employees | Directors | Company page |
|---|---|---|---|---|---|---|---|
| Genxlead Retail Private Limited CIN U52100TN2015PTC099124 | Active | 06 Feb 2015 | Thiruvallur, Tamil Nadu | ₹11.7 Cr | 127 | 4 | View details |
Apps and channels of Shyaway
Shyaway publishes 1 mobile app with over 1M+ downloads; its YouTube channel Shyaway has 37.1K subscribers and 30 videos.
Videos from Shyaway
The most watched videos on Shyaway's YouTube channel, Shyaway (37.1K subscribers). Click a video to play it here.
More on Shyaway.
Funding Insights of Shyaway
Shyaway has successfully raised a total of $640.48K across 2 strategic funding rounds. The most recent funding activity was a Seed round of $249.33 thousand completed in March 2021. 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 $640,478
- Total Rounds 2
- Last Round Seed — $249,332
- First Round $391,146
(Jan 2020)
- Investors Count 1
All 2 funding rounds of Shyaway 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 |
|---|---|---|---|---|---|
| Mar 2021 | $249,332 | Seed | – | – | |
| Jan 2020 | $391,146 | Seed | – | – |
1 investors in total: 1 institutional.
Investors in Shyaway
Shyaway has secured backing from 1 investor, including institutional investors. Prominent investors backing the company include Altis Resources.
| Investor | Description | Founded Year | Domain | Location |
|---|---|---|---|---|
| altisresources.tcc.mode |
Investor details for Shyaway
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Board of directors of Genxlead Retail Private Limited (Shyaway)
Genxlead Retail Private Limited is the primary company behind Shyaway. The board of Genxlead Retail Private Limited currently have 4 directors; the longest-serving is Gopinathan Ramachandran, appointed in 2015. 3 earlier directors have ceased.
| Director | Designation | Appointed | Tenure | Entity |
|---|---|---|---|---|
| Gopinathan Ramachandran DIN 06574884 | Managing Director | 06 Feb 2015 | 11 yrs 8 mo | Genxlead Retail Private Limited |
| Karthikeyan DIN 06508482 | Director | 15 Sep 2016 | 10 yrs 1 mo | Genxlead Retail Private Limited |
| Madhan Kumar Ramachandran DIN 06574885 | Director | 20 Mar 2018 | 8 yrs 7 mo | Genxlead Retail Private Limited |
| Kanniah Ponnuswamy Chella Kannan DIN 06508471 | Director | 20 Mar 2018 | 8 yrs 7 mo | Genxlead Retail Private Limited |
People of Shyaway
3 people are tracked at Shyaway (3 in leadership); the tracked headcount is 127.
| Name | Role | Group |
|---|---|---|
| Co-Founder | Leadership | |
| Co-Founder & Executive Director | Leadership | |
Gopinath Ramachandran | Co-Founder & Managing Director | Leadership |
Complete people profiles for Shyaway
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Financials of Shyaway
Figures of Genxlead Retail Private Limited, the primary company behind Shyaway, for FY 2022. Revenue was ₹11.67 Cr (-19% year on year). Net loss was -₹1.30 Cr (-11% margin). EBITDA was -₹1.20 Cr (-10% margin). Revenue has grown at a compounded annual rate of +12% over three years and +48% over five years.
- ₹11.67 CrRevenue · FY 2022 · -19% YoY
- -₹1.30 CrNet loss · -11% margin
- -₹1.20 CrEBITDA · -10% margin
- ₹60.1 LakhPaid-up capital
- 127Employees (provident fund records)
- +12%Revenue CAGR, 3 years
- +48%Revenue CAGR, 5 years
Balance sheet, profit and loss, cash flow and ratios of Genxlead Retail Private Limited are on its company page.
Detailed financial statements for Shyaway
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Timeline of Shyaway
3 dated milestones of Shyaway across 6 years, from founding to its latest funding, stage changes and deals.
- Founded Shyaway is founded.
- Funding First funding round of $391K.
- Funding Latest funding round, Seed, of $249K.
Competitors of Shyaway
Shyaway has 3 listed competitors in our database, 3 of them funded. They include Clovia, Zivame and Bummer.
| Company Name | Domain | Founded | HQ Location | Total funding | Employees | Description |
|---|---|---|---|---|---|---|
| clovia.com | 2012 | Delhi, India | $25.26M | 244 | Innerwear apparel for women is provided via an internet-first brand. | |
| zivame.com | 2011 | Bengaluru, India | $73.99M | 401 | Women's apparel and innerwear are offered via an online-first platform. | |
| bummer.in | 2020 | Ahmedabad, India | $1.97M | 16 | Online platform offering multi-category innerwears and swim suite for both mena nd women |
Detailed competitors of Shyaway
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Web traffic of Shyaway
The website of Shyaway (shyaway.com) receives about 697.3K visits a month and ranks #48,694 among all websites worldwide, #2,389 in Fashion and Apparel.
- Monthly visits697.3K
▼ 19.6% vs previous month
- Unique visitors472.4K
per month
- Global rank#48,694
among all websites
- Category rank#2,389
Lifestyle · Fashion and Apparel
- Bounce rate37%
- Pages per visit5.1
- Average visit2 min 20 sec
- DevicesDesktop 6% · Mobile 94%
Websites whose visitors overlap most with Shyaway. Affinity shows how closely the audiences match.
| Website | Domain | Audience affinity | Monthly visits | Global rank | Profile |
|---|---|---|---|---|---|
| clovia.com | 100% | 1.3M | #35,424 | View details | |
| zivame.com | 97% | 630.8K | #67,304 | View details | |
| amantelingerie.in | 73% | 177.3K | #183,145 | View details | |
| soie.in | 72% | 38.3K | #547,978 | View details | |
| myntra.com | 69% | 113.8M | #236 | View details | |
| •••••••••• | ••••••.com | ••% | •.•M | #••••• | – |
| •••••••••• | ••••••.com | ••% | •.•M | #••••• | – |
| •••••••••• | ••••••.com | ••% | •.•M | #••••• | – |
All 40 similar websites and full traffic analytics for Shyaway
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- 40 similar websites
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Top companies in Fashion & Lifestyle E-Commerce
3 companies that operate in the same segment as Shyaway (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 Shyaway
Complete news archive for Shyaway
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Frequently Asked Questions about Shyaway
Shyaway was founded in 2015 and raised its 1st funding round 5 years after it was founded.
Shyaway is headquartered in Chennai, India. It is registered at Chennai, Tamil Nadu, India.
Shyaway is a funded company, having raised a total of $640.48K across 2 funding rounds to date. The company's 1st funding round was a Seed of $391.15K, raised on Jan 2020.
Shyaway has 127 employees.
The primary company behind Shyaway, Genxlead Retail Private Limited, reported revenue of ₹11.67 Cr for FY 2022, down 19% year on year.
Shyaway was established in 2015 in Chennai, India, as an e-commerce platform focused on womens apparel. A range of products including bras, panties, nightwear, sleepwear, legwear, fashion dresses, and swimwear is provided through its online catalog. Operations center on direct-to-consumer sales in the fashion sector, with leadership shared among co-founders Sanjay Dangi, Chella Kannan, and Gopinath Ramachandran.
Shyaway has 1 investor. Key investors include Altis Resources.
Shyaway operates through Genxlead Retail Private Limited.
The legal entities of Shyaway currently have 4 directors, including Gopinathan Ramachandran, Madhan Kumar Ramachandran, Karthikeyan and others.
Yes. Shyaway publishes Shyaway: Lingerie Shopping App, with over 1 million downloads.
The website of Shyaway receives about 697 thousand visits a month and ranks #48,694 among all websites worldwide.