About Shyaway
Shyaway is a company based in Chennai (India) founded in 2015 by Sanjay Dangi, Chella Kannan, and Gopinath Ramachandran.. Shyaway has raised $640.48 thousand across 2 funding rounds from investors including Altis Resources. The company has 127 employees as of March 31, 2024. Shyaway operates in a competitive market with competitors including Clovia, Zivame, Bummer, Freecultr and Dchica, among others.
- Headquarter Chennai, India
- Employees 127 as on 31 Mar, 2024
- Founders Sanjay Dangi, Chella Kannan, Gopinath Ramachandran
-
Sectors
Retail
-
Email
***********
-
Phone
*********
-
Website
*********
-
Social
*********
- Legal Name Genxlead Retail Private Limited
- Date of Incorporation 06 Feb, 2015
- Jurisdiction Thiruvallur, Tamil Nadu, India
-
Annual Revenue
$1.93 M (USD)24.33as on Mar 31, 2021
-
Net Profit
$117.74 K (USD)132.18as on Mar 31, 2021
-
EBITDA
$128.4 K (USD)137.34as on Mar 31, 2021
-
Total Equity Funding
$640.48 K (USD)
in 2 rounds
-
Latest Funding Round
$249.33 K (USD), Seed
Mar 10, 2021
- Investors
-
Employee Count
127
as on Mar 31, 2024
Unlock complete access to The Company Check
Get unrestricted viewing across everything we track — from companies and brands to investors, funding rounds, acquisitions, financials, and more.
- Unlimited viewing on all profiles Companies, investors, financials, funding, acquisitions & directors
- Full access to every database India & global coverage, advanced filters and rich profile details
- Always-on access from your team account Single premium plan for everything you see on the portal
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 Total Funding
- Total Rounds 2
- Last Round Seed — $249,332
-
First Round
First Round
(09 Jan 2020)
- Investors Count 1
| Date | Amount | Transaction Name | Valuation | Lead Investors | Investors |
|---|---|---|---|---|---|
| Mar, 2021 | Amount | Seed - Shyaway | Valuation |
investors |
|
| Jan, 2020 | Amount | Seed - Shyaway | Valuation |
investors |
| Date | Amount | Transaction Name | Valuation | Lead Investors | Investors |
|---|---|---|---|---|---|
| Jul, 2021 | Amount | Post-IPO - Grab | Valuation |
investors |
|
| Feb, 2021 | Amount | Post-IPO - Grab | Valuation |
investors |
|
| Jan, 2021 | Amount | Post-IPO - Grab | Valuation |
investors |
|
| Feb, 2021 | Amount | Post-IPO - Grab | Valuation |
investors |
Investors in Shyaway
Shyaway has secured backing from 1 investor, including institutional investors. Prominent investors backing the company include Altis Resources. This diverse investor base provides strategic capital, industry expertise, and valuable network connections that support the company's growth initiatives, market expansion, and long-term value creation.
| Investor | Description | Founded Year | Domain | Location |
|---|---|---|---|---|
|
-
|
Founded Year | Domain | Location |
| Investor | Description | Founded Year | Domain | Location |
|---|---|---|---|---|
|
Single family office of Amitabh Bachchan, founder of Amitabh Bachchan Corporation or AB CORP
|
Founded Year | Domain | Location | |
|
Startup ecosystems are ignited through strategic investments by Signite Partners.
|
Founded Year | Domain | Location | |
|
Venture capital is directed toward companies in multiple sectors.
|
Founded Year | Domain | Location | |
|
Venture capital is invested in cybersecurity, fintech, and AI startups.
|
Founded Year | Domain | Location |
Investments & Acquisitions by Shyaway
| Company Name | Description | Domain | Location | Founded Year | Amount |
|---|---|---|---|---|---|
|
Bionic investment advisor platform
|
2016 | ||||
|
Fine Asian gourmet food is offered by an internet-first restaurant.
|
2016 | ||||
|
Physical e-commerce kiosks are deployed for rural purchases in Indonesia.
|
2014 | ||||
|
Fine Asian gourmet food is offered by an internet-first restaurant.
|
2016 |
Financial Statements - Shyaway
| Date | Amount | Transaction Name | Valuation | Lead Investors | Investors |
|---|---|---|---|---|---|
| Jul, 2021 | Amount | Post-IPO - Grab | Valuation |
investors |
|
| Feb, 2021 | Amount | Post-IPO - Grab | Valuation |
investors |
|
| Jan, 2021 | Amount | Post-IPO - Grab | Valuation |
investors |
|
| Feb, 2021 | Amount | Post-IPO - Grab | Valuation |
investors |
Shyaway Comparisons
Competitors of Shyaway
Shyaway 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 Clovia, Zivame, Bummer, Freecultr and Dchica, among others. This competitive environment drives innovation, market differentiation, and strategic positioning as companies strive to capture market share and deliver value to their customers. Understanding the competitive dynamics is crucial for assessing market positioning, identifying growth opportunities, and navigating the challenges inherent in a competitive marketplace.
| Company Name | Domain | Founded year | HQ Location | Description |
|---|---|---|---|---|
| domain | founded_year | HQ Location |
Innerwear apparel for women is provided via an internet-first brand.
|
|
| domain | founded_year | HQ Location |
Women's apparel and innerwear are offered via an online-first platform.
|
|
| domain | founded_year | HQ Location |
Online platform offering multi-category innerwears and swim suite for both mena nd women
|
|
| domain | founded_year | HQ Location |
Internet first brand offering eco-friendly innerwear for men and women
|
|
| domain | founded_year | HQ Location |
Women's innerwear and apparel are offered through an online platform.
|
| Company Name | Domain | Founded year | HQ Location | Description |
|---|---|---|---|---|
| domain | founded_year | HQ Location |
Multiple services are booked via an app-based platform.
|
|
| domain | founded_year | HQ Location |
On-demand services are booked through an app-based platform.
|
|
| domain | founded_year | HQ Location |
App based platform offering on demand delivery and ride-hailing services
|
|
| domain | founded_year | HQ Location |
Operates an on-demand hyperlocal delivery app for food and groceries.
|
Latest news on Shyaway
Frequently Asked Questions about Shyaway
When was Shyaway founded?
Shyaway was founded in 2015 and raised its 1st funding round 5 years after it was founded.
Where is Shyaway located?
Shyaway is headquartered in Chennai, India. It is registered at Chennai, Tamil Nadu, India.
Is Shyaway a funded company?
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 09, 2020.
How many employees does Shyaway have?
As of Mar 31, 2024, the latest employee count at Shyaway is 127.
What is the annual revenue of Shyaway?
Annual revenue of Shyaway is $1.93M as on Mar 31, 2021.
What does Shyaway do?
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.
Who are the top competitors of Shyaway?
Who are Shyaway's investors?
Shyaway has 1 investor. Key investors include Altis Resources.