About SoleSearch
SoleSearch is a Retail company based in Gurugram (India) founded in 2020 by Prabal Baghla and Param Minhas. Multi-category used fashion products are offered via an online marketplace. SoleSearch has raised $795.28 thousand across 2 funding rounds from investors including Venture Catalysts, Cornerstone and Anthill Ventures. The company has 27 employees. Its chief executive, as recorded, is Param Minhas. Its Indian entity Solesearch Private Limited reported revenue of ₹52.2 Lakh. Its focus areas include Consumer, Fashion Tech, B2C Commerce and Multi Category. Its competitors include Culture Circle, Twenty Dresses and Exclusively; 3 of its 3 listed competitors have raised funding.
Company details
SoleSearch was founded in 2020 and is based in Gurugram, India. An online marketplace is operated in the used fashion sector, where items such as streetwear, sneakers, watches, accessories, and collectibles are listed. Buyers and sellers across the country are connected through the platform, enabling transactions in these categories. Operations focus on facilitating peer-to-peer exchanges in the secondary fashion market.
- Headquarters Gurugram, India
- Employees 27
- Founders Prabal Baghla, Param Minhas
- SectorsRetail
- Email••••••••
- Phone•••• ••••
- Website solesearchindia.com
- Social LinkedIn X Facebook
- Legal Name Solesearch Private Limited
- Date of Incorporation 27 May, 2022
- Jurisdiction Gurugram, Haryana, India
- Annual Revenue₹52.2 Lakh
FY 2023
- Net Loss-₹1.01 Cr
FY 2023 · -193% margin
- EBITDA-₹99.9 Lakh
FY 2023 · -191% margin
- Total Equity Funding$795.28K (USD)
in 2 rounds
- Latest Funding Round$795.28K (USD), Seed
May 2023
- InvestorsVenture Catalysts
& 2 more
- Employee Count27
Associated legal entities of SoleSearch
SoleSearch operates through Solesearch Private Limited (active). Its filings, financials, charges and directors are on the company page.
| Legal entity | Status | Incorporated | Registered in | Revenue (FY 2023) | Employees | Directors | Company page |
|---|---|---|---|---|---|---|---|
| Solesearch Private Limited CIN U74999HR2022PTC103982 | Active | 27 May 2022 | Gurugram, Haryana | ₹0.5 Cr | 27 | 2 | View details |
Funding Insights of SoleSearch
SoleSearch has successfully raised a total of $795.28K across 2 strategic funding rounds. The most recent funding activity was a Seed round of $795.28 thousand completed in May 2023. 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 $795,282
- Total Rounds 2
- Last Round Seed — $795,282
- Investors Count 3
All 2 funding rounds of SoleSearch 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 |
|---|---|---|---|---|---|
| May 2023 | $795,282 | Seed | – | Venture Catalysts, Anthill Ventures | – |
| Jan 2023 | Seed | – | – | – |
3 investors in total: 3 institutional.
Investors in SoleSearch
SoleSearch has secured backing from 3 investors, including venture fund and institutional investors. Prominent investors backing the company include Venture Catalysts, Cornerstone and Anthill Ventures.
| Investor | Description | Founded Year | Domain | Location |
|---|---|---|---|---|
Early-stage startup ecosystem is supported by Venture Catalysts in India. | 2015 | venturecatalysts.in | Mumbai, India | |
Investments are made in early and growth stage tech startups. | anthillventures.com | Hyderabad, India | ||
Cornerstone is engaged in talent management and brand consultancy. | 2008 | cornerstone.in | Mumbai, India |
Investor details for SoleSearch
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Board of directors of Solesearch Private Limited (SoleSearch)
Solesearch Private Limited is the primary company behind SoleSearch. The board of Solesearch Private Limited currently have 2 directors; the longest-serving is Prabal, appointed in 2022.
| Director | Designation | Appointed | Tenure | Entity |
|---|---|---|---|---|
| Prabal DIN 09621927 | Director | 27 May 2022 | 4 yrs 5 mo | Solesearch Private Limited |
| Param Veer Singh Minhas DIN 09084347 | Director | 27 May 2022 | 4 yrs 5 mo | Solesearch Private Limited |
People of SoleSearch
2 people are tracked at SoleSearch (2 in leadership); the tracked headcount is 27.
| Name | Role | Group |
|---|---|---|
Prabal Baghla | Co-Founder | Leadership |
| Co-Founder & CEO | Leadership |
Complete people profiles for SoleSearch
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Financials of SoleSearch
Figures of Solesearch Private Limited, the primary company behind SoleSearch, for FY 2023. Revenue was ₹52.2 Lakh. Net loss was -₹1.01 Cr (-193% margin). EBITDA was -₹99.9 Lakh (-191% margin).
- ₹52.2 LakhRevenue · FY 2023
- -₹1.01 CrNet loss · -193% margin
- -₹99.9 LakhEBITDA · -191% margin
- ₹1 LakhPaid-up capital
- 27Employees (provident fund records)
Balance sheet, profit and loss, cash flow and ratios of Solesearch Private Limited are on its company page.
Detailed financial statements for SoleSearch
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Timeline of SoleSearch
3 dated milestones of SoleSearch across 3 years, from founding to its latest funding, stage changes and deals.
- Founded SoleSearch is founded.
- Funding First funding round.
- Funding Latest funding round, Seed, of $795K.
Competitors of SoleSearch
SoleSearch has 3 listed competitors in our database, 3 of them funded. They include Culture Circle, Twenty Dresses and Exclusively.
| Company Name | Domain | Founded | HQ Location | Total funding | Employees | Description |
|---|---|---|---|---|---|---|
| culture-circle.com | 2023 | Gurugram, India | $2.51M | Online marketplace for men's and women's fashion products is operated. | ||
| twentydresses.com | 2012 | Mumbai, India | $1M | 16 | Fashion apparel and accessories for women are retailed online. | |
| exclusively.com | 2010 | Delhi, India | $19.3M | Indian luxury fashion products are retailed via an online marketplace. |
Detailed competitors of SoleSearch
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- Full competitor set
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Web traffic of SoleSearch
The website of SoleSearch (solesearchindia.com) receives about 1.6K visits a month.
- Monthly visits1.6K
▼ 33.5% vs previous month
Websites whose visitors overlap most with SoleSearch. Affinity shows how closely the audiences match.
| Website | Domain | Audience affinity | Monthly visits | Global rank | Profile |
|---|---|---|---|---|---|
marketplace.mainstreet.co.in | marketplace.mainstreet.co.in | 100% | #174,535 | – | |
| culture-circle.com | 100% | 1.5M | #46,445 | View details | |
| vegnonveg.com | 100% | 697.5K | #57,500 | View details | |
| wearcomet.com | 100% | 1.5M | #44,404 | View details | |
| crepdogcrew.com | 100% | 806.2K | #56,402 | View details | |
| •••••••••• | ••••••.com | ••% | •.•M | #••••• | – |
All 6 similar websites and full traffic analytics for SoleSearch
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- 6 similar websites
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Top companies in Fashion & Lifestyle E-Commerce
3 companies that operate in the same segment as SoleSearch (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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Related news about Solesearch
Complete news archive for SoleSearch
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Frequently Asked Questions about SoleSearch
SoleSearch was founded in 2020 and raised its 1st funding round 3 years after it was founded.
SoleSearch is headquartered in Gurugram, India. It is registered at Gurugram, Haryana, India.
Param Minhas is the CEO of SoleSearch, as recorded in our data. They have also founded this company.
SoleSearch is a funded company, having raised a total of $795.28K across 2 funding rounds to date.
SoleSearch has 27 employees.
The primary company behind SoleSearch, Solesearch Private Limited, reported revenue of ₹52.2 Lakh for FY 2023.
SoleSearch was founded in 2020 and is based in Gurugram, India. An online marketplace is operated in the used fashion sector, where items such as streetwear, sneakers, watches, accessories, and collectibles are listed. Buyers and sellers across the country are connected through the platform, enabling transactions in these categories. Operations focus on facilitating peer-to-peer exchanges in the secondary fashion market.
SoleSearch's top competitors include Twenty Dresses, Culture Circle and Exclusively.
SoleSearch has 3 investors. Key investors include Venture Catalysts, Cornerstone, and Anthill Ventures.
SoleSearch operates through Solesearch Private Limited.
The legal entities of SoleSearch currently have 2 directors, including Prabal, Param Veer Singh Minhas.