SoxyToes

Noida, India Founded: 2017 • Age: 9 yrs
Online platform offering designer socks subscription platform for men
Annual revenue $396,669 Latest available
Total funding $115,758 1 rounds
Employees - Tracked headcount
Investors 15 Known backers
Products 4 Services tracked
Competitors 8 Brand Intelligence

About SoxyToes

SoxyToes is a company based in Noida (India) founded in 2017 by Aayush Goenka. SoxyToes has raised $115.76 thousand across 1 funding round from investors including Sorabh Agarwal, Hemant Dua and Vikas Bagaria. SoxyToes offers products and services including Bamboo Socks, Casual Socks, Corporate Socks, and Gift Boxes. SoxyToes operates in a competitive market with competitors including SockSoho, Thela Gaadi, Footprints Organic, Hapso and Inskinn, among others.

  • Headquarter Noida, India
  • Founders Aayush Goenka
  • Sectors
    Retail
  • Email
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  • Phone
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  • Website
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  • Social
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  • Legal Name Karma Holdings Private Limited
  • Date of Incorporation 01 Nov, 2010
  • Jurisdiction New Delhi, Delhi, India
Operational Areas
Retail → Fashion & Retail Innovation Unlock Sub-Sector Unlock Segment
Key Metrics
  • Annual Revenue
    $396.67 K (USD)
    129.86
    as on Mar 31, 2020
  • Net Profit
    $7.9 K (USD)
    551.5
    as on Mar 31, 2020
  • EBITDA
    $13.82 K (USD)
    551.15
    as on Mar 31, 2020
  • Total Equity Funding
    $115.76 K (USD)

    in 1 rounds

  • Latest Funding Round
    $115.76 K (USD), Angel Round

    Feb 10, 2020

  • Investors

    & 14 more

  • Employee Count
    Not available
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Products & Services of SoxyToes

SoxyToes offers a comprehensive portfolio of products and services, including Bamboo Socks, Casual Socks, Corporate Socks, and Gift Boxes.

Product name locked
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Primary

Comfortable socks made from bamboo for daily wear.

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Versatile socks for everyday casual activities.

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Professional socks designed for work environments.

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Packaged sets of socks for gifting purposes.

Funding Insights of SoxyToes

SoxyToes has successfully raised a total of $115.76K through 1 strategic funding round. The most recent funding activity was a Angel Round of $115.76 thousand completed in February 2020. 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.

Investors in SoxyToes

SoxyToes has secured backing from 15 investors, including angel investors. Prominent investors backing the company include Sorabh Agarwal, Hemant Dua and Vikas Bagaria.

All
Angel
Investor Description Founded Year Domain Location

Sorabh Agarwal

Angel investor and entrepreneur, co-founder of Power Gummies, active in consumer tech
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Hemant Dua

Angel investor, ex-CEO of Gillette India, focused on consumer and tech startups
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Vikas Bagaria

Founder of Pee Safe, active angel investor in Indian startups
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Investor details for SoxyToes

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Investments & Acquisitions by SoxyToes

Investments
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Investment portfolio details for SoxyToes

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Financial Statements - SoxyToes

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Detailed financials for SoxyToes

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Soxytoes Comparisons

SoxyToes Primary company
Description
Online platform offering designer socks subscription platfor...
Location
Noida, India
Founded Year
2017
Annual Revenue
$396.67 K (USD)
Net Profit
$7.9 K (USD)
EBITDA
$13.82 K (USD)
Employees
Not available
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Peer comparison for SoxyToes

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Competitors of SoxyToes

SoxyToes 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 SockSoho, Thela Gaadi, Footprints Organic, Hapso and Inskinn, among others.

Company Name Domain Founded year HQ Location Description
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Designer socks for men are offered online by SockSoho.
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Private label socks are manufactured for men and women.
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Offers organic cotton and bamboo socks for men, women, and kids online.
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Online retailer of designer socks for men and women with discounts and combos.
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Online retailer selling stylish socks including sports, formal, and combos.
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Detailed competitors of SoxyToes

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Latest news on Soxytoes

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Complete news archive for SoxyToes

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Frequently Asked Questions about SoxyToes

SoxyToes was founded in 2017 and raised its 1st funding round 3 years after it was founded.

SoxyToes is headquartered in Noida, India. It is registered at Noida, Uttar Pradesh, India.

Aayush Goenka is the current CEO of SoxyToes. They have also founded this company.

SoxyToes is a funded company, having raised a total of $115.76K across 1 funding round to date.

Annual revenue of SoxyToes is $396.67K as on Mar 31, 2020.

SoxyToes was established in 2017 as an e-commerce platform focused on mens sock subscriptions. Designer and patterned socks are provided through customizable plans, with options for styles such as casual or athletic, along with preferences like sock length. Operations are based in Noida, India, where various subscription tiers can be selected by users for ongoing deliveries.

SoxyToes's top competitors include Thela Gaadi, SockSoho and The Sock Street.

SoxyToes offers Bamboo Socks, Casual Socks, Corporate Socks, and Gift Boxes.

SoxyToes has 15 investors. Key investors include Sorabh Agarwal, Hemant Dua, Vikas Bagaria, Amar Agarwalla, and Lalit Wadhwa.

The valuation of SoxyToes is $677K as of Feb 2020.

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