About Spykar
Spykar is a company based in Mumbai (India) founded in 1992 by Rajesh Sharma, Sanjay Vakharia, and Prasad Pabrekar. It operates as a Direct-to-Consumer (D2C). Spykar has raised $15.33 million across 3 funding rounds from investors including Avigo Capital Partners, Metmin Investments and Rajan Mehta. The company has 269 employees. Spykar offers products and services including Jeans, Shirts, and Innerwear. Spykar operates in a competitive market with competitors including Inditex, Bewakoof, Hopscotch, American Eagle Outfitters and Levi Strauss, among others.
- Headquarter Mumbai, India
- Employees 269
- Founders Rajesh Sharma, Sanjay Vakharia, Prasad Pabrekar
- Stage Minicorn
- SectorsRetail
- Phone•••• ••••
- Website spykar.com
- Social LinkedIn X Facebook Instagram YouTube
- Legal Name Spykar Lifestyles Private Limited
- Date of Incorporation 06 May, 1998
- Jurisdiction Mumbai, Maharashtra, India
- Annual Revenue₹622 Cr
FY 2025 · +3% YoY
- Net Profit₹7.51 Cr
FY 2025 · 1% margin
- EBITDA₹50.29 Cr
FY 2025 · 8% margin
- Total Equity Funding$15.33M (USD)
in 3 rounds
- Latest Funding Round$6.39M (USD), Series A
Jul 2011
- InvestorsAvigo Capital Partners
& 3 more
- Employee Count269
Associated legal entities of Spykar
Spykar operates through Spykar Lifestyles Private Limited (active). Its filings, financials, charges and directors are on the company page.
| Legal entity | Status | Incorporated | Registered in | Revenue (FY 2025) | Employees | Directors | Company page |
|---|---|---|---|---|---|---|---|
| Spykar Lifestyles Private Limited CIN U18101MH1998PTC114797 | Active | 06 May 1998 | Mumbai, Maharashtra | ₹622 Cr | 263 | 6 | View details |
Products & Services of Spykar
Spykar offers a comprehensive portfolio of products and services, including Jeans, Shirts, and Innerwear.
Denim jeans are offered for men and women.
Casual shirts are provided for both genders.
Underwear and loungewear are sold for comfort.
Apps and channels of Spykar
its YouTube channel SPYKAR has 15K subscribers and 30 videos.
Videos from Spykar
The most watched videos on Spykar's YouTube channel, SPYKAR (15K subscribers). Click a video to play it here.
More on SPYKAR.
Funding Insights of Spykar
Spykar has successfully raised a total of $15.33M across 3 strategic funding rounds. The most recent funding activity was a Series A round of $6.39 million completed in July 2011. 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 $15.33M
- Total Rounds 3
- Last Round Series A — $6.39M
- First Round $5.25M
(Jun 2007)
- Investors Count 4
All 3 funding rounds of Spykar 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 |
|---|---|---|---|---|---|
| Jul 2011 | $6.39M | Series A | $16.86M | – | |
| Sep 2009 | $3.68M | Series A | $26.19M | Avigo Capital Partners | – |
| Jun 2007 | $5.25M | Series A | $••••• | Avigo Capital Partners |
| Date | Valuation | Stage |
|---|---|---|
| Jul 2011 | $16.86M | •••••••• |
| Sep 2009 | $26.19M | •••••••• |
| Jun 2007 | $••••• | •••••••• |
Full valuation and stage history of Spykar
Every valuation point, the growth-stage changes (minicorn, soonicorn, unicorn) and the dates behind them require an active premium plan.
- All valuation points
- Stage changes
- Dates
- Exports
Verified entity values are shown only after access is granted.
Last known valuation $16.86M (Jul 2011). 4 investors in total: 2 institutional and 2 angel.
Investors in Spykar
Spykar has secured backing from 4 investors, including venture fund and angel investors. Prominent investors backing the company include Avigo Capital Partners, Metmin Investments and Rajan Mehta.
| Investor | Description | Founded Year | Domain | Location |
|---|---|---|---|---|
Private equity investments are directed toward the FMCG sector. | – | metmininvestments.tcc.mode | Ebene City, Mauritius | |
PE firm invests in India | 2005 | avigocapital.com | Delhi, India | |
RM Rajan Mehta | - | – | unknown_077b104114ce48b89 | - |
RM Rajan Mehta | - | – | unknown_22c36375bbfe4be6b | - |
Investor details for Spykar
The complete investor list, round-by-round participation and investor portfolios require an active premium plan.
- Complete investor list
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Board of directors of Spykar Lifestyles Private Limited (Spykar)
Spykar Lifestyles Private Limited is the primary company behind Spykar. The board of Spykar Lifestyles Private Limited currently have 5 directors; the longest-serving is Sanjay Navin Vakharia, appointed in 2006. 14 earlier directors have ceased.
| Director | Designation | Appointed | Tenure | Entity |
|---|---|---|---|---|
| Sanjay Navin Vakharia DIN 00280873 | Whole-time director | 27 Mar 2006 | 20 yrs 6 mo | Spykar Lifestyles Private Limited |
| Prasad Ghanshyam Desai DIN 03570407 | Director | 23 Apr 2014 | 12 yrs 5 mo | Spykar Lifestyles Private Limited |
| Uday Singh Singhi DIN 02201771 | Director | 26 Jun 2014 | 12 yrs 3 mo | Spykar Lifestyles Private Limited |
| Rajan Mittal DIN 02191501 | Director | 26 Jun 2014 | 12 yrs 3 mo | Spykar Lifestyles Private Limited |
| Jayanta Kumar Sinha DIN 02009697 | Director | 15 Mar 2017 | 9 yrs 6 mo | Spykar Lifestyles Private Limited |
People of Spykar
29 people are tracked at Spykar (12 in leadership, 17 in team); the tracked headcount is 269.
| Name | Role | Group |
|---|---|---|
Rajesh Sharma | Co-Founder | Leadership |
| Co-Founder & CEO | Leadership | |
| Co-Founder | Leadership | |
Khushboo Ahuja | Head Of Ecommerce (marketplace & D2c) | Leadership |
Ca Sandeep Jain | Head - Accounts & Finance | Leadership |
Deepali Katyal Mathur | Chief Manager - People | Leadership |
Rupendra N. | Head Of Information Technology Department | Leadership |
Rupendra Nigam | Head Of Information Technology | Leadership |
Ritesh Hingorani | Assistant Vice President Sales | Leadership |
Ajay Kulkarni | Head MBO Trade Sales & Lead Special Projects | Leadership |
Triloknath K P | General Manager | Leadership |
Sk Mitra | Director | Leadership |
Neha Singh | Ecommerce Manager | Team |
Rohit Sharma | Omnichannel Lead | Team |
Anil Talwar | Senior Sales Manager Trade | Team |
Isha Joshi | Assistant Manager | Team |
Richa Singh | Senior Manager | Team |
Pratishtha Gohain | Deputy Manager | Team |
Manish Panchal | Senior Information Technology Manager | Team |
Vivek Shah | Marketing Manager | Team |
9 more people are available in the full profile.
Complete people profiles for Spykar
Full employee and board profiles, team structure, tenure and professional contact details require an active premium plan.
- Full employee list
- Team structure
- Board tenure
- Professional contacts
Verified entity values are shown only after access is granted.
Financials of Spykar
Figures of Spykar Lifestyles Private Limited, the primary company behind Spykar, for FY 2025. Revenue was ₹622 Cr (+3% year on year). Net profit was ₹7.51 Cr (1% margin). EBITDA was ₹50.29 Cr (8% margin). Revenue has grown at a compounded annual rate of +17% over three years and +10% over five years.
- ₹622 CrRevenue · FY 2025 · +3% YoY
- ₹7.51 CrNet profit · 1% margin
- ₹50.29 CrEBITDA · 8% margin
- ₹19.51 CrPaid-up capital
- 263Employees (provident fund records)
- +17%Revenue CAGR, 3 years
- +10%Revenue CAGR, 5 years
Balance sheet, profit and loss, cash flow and ratios of Spykar Lifestyles Private Limited are on its company page.
Detailed financial statements for Spykar
Statement rows, ratios, five-year trends and downloadable financials of the group companies require an active premium plan.
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- Downloads
Verified entity values are shown only after access is granted.
Timeline of Spykar
4 dated milestones of Spykar across 19 years, from founding to its latest funding, stage changes and deals.
- Founded Spykar is founded.
- Funding First funding round of $5.3M.
- Milestone Reaches Minicorn status.
- Funding Latest funding round, Series A, of $6.4M.
Competitors of Spykar
Spykar 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 Inditex, Bewakoof, Hopscotch, American Eagle Outfitters and Levi Strauss, among others.
| Company Name | Domain | Founded | HQ Location | Total funding | Employees | Description |
|---|---|---|---|---|---|---|
| inditex.com | 1974 | Arteixo, Spain | – | 171,839 | Retailer of fashion products | |
| bewakoof.com | 2011 | Mumbai, India | $39.49M | 161 | Multi-category fashion products are sold by an internet-first brand. | |
| gethopscotch.com | 2011 | New York, United States | $1.2M | – | Programming is facilitated for children via drag-and-drop code blocks. | |
| ae.com | 1977 | Pittsburgh, United States | – | 40,000 | Multi-category fashion products for men and women are offered. | |
| levistrauss.com | 1853 | San Francisco, United States | – | 18,000 | Brand of fashion apparel for men and women | |
| styched.in | 2019 | Bengaluru, India | $925,098 | – | Multi-category fashion for men and women is offered online. | |
| abercrombie.com | 1892 | Columbus, United States | – | 33,637 | Internet first brand of fashion apparel wear for men and women |
Detailed competitors of Spykar
The full competitor set, operating metrics and side-by-side benchmarks require an active premium plan.
- Full competitor set
- Operating metrics
- Benchmarks
- Competitive positioning
Verified entity values are shown only after access is granted.
Web traffic of Spykar
The website of Spykar (spykar.com) receives about 169K visits a month.
- Monthly visits169K
▼ 53.8% vs previous month
Websites whose visitors overlap most with Spykar. Affinity shows how closely the audiences match.
| Website | Domain | Audience affinity | Monthly visits | Global rank | Profile |
|---|---|---|---|---|---|
levi.in | levi.in | 100% | – | #22,712 | – |
| muftijeans.in | 97% | 1M | #50,787 | View details | |
| myntra.com | 96% | 113.8M | #236 | View details | |
jackjones.in | jackjones.in | 91% | – | #54,510 | – |
| ajio.com | 87% | 30.1M | #1,339 | View details | |
| •••••••••• | ••••••.com | ••% | •.•M | #••••• | – |
| •••••••••• | ••••••.com | ••% | •.•M | #••••• | – |
| •••••••••• | ••••••.com | ••% | •.•M | #••••• | – |
All 40 similar websites and full traffic analytics for Spykar
The complete similar-websites list, audience overlap and engagement analytics require an active premium plan.
- 40 similar websites
- Audience overlap
- Engagement analytics
- Traffic by brand
Verified entity values are shown only after access is granted.
Latest news on Spykar
Complete news archive for Spykar
Full article history, source details, and older brand coverage require an active premium plan.
- Full article archive
- Source and publication date
- Older coverage
- Brand-specific news history
Verified entity values are shown only after access is granted.
Similar companies to Spykar
10 companies that operate in the same segment as Spykar (Fashion & Lifestyle E-Commerce), 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 1.08 B | USD 939.4 M | – | |
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 | |
Photo editing and sharing apps are developed by Meitu. | 2008 | Xiamen, Fujian, China | USD 525 M | USD 536.99 M | 2,420 | |
Subscription-based jewelry is provided by digital-first brand BlueStone. | 2011 | Bengaluru, Karnataka, India | USD 254.97 M | USD 259.64 M | 3,210 | |
Men's fashion apparel is offered online by Bonobos. | 2007 | New York, New York, United States | USD 127.67 M | – | – | |
Metabolic health is tracked via devices and fitness platforms. | 2019 | Bengaluru, Karnataka, India | USD 163.28 M | USD 65.48 M | 274 | |
Pre-owned fashion products are sold via an online marketplace. | 2008 | Vilnius, Lithuania | USD 872.04 M | – | – | |
Online rental platform offering multi-category fashion products and accessories | 2009 | New York, New York, United States | USD 326.35 M | USD 306.2 M | 850 | |
Customizable smart lock screen experiences are developed for mobile devices. | 2019 | Bengaluru, Karnataka, India | USD 390 M | – | – |
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Frequently Asked Questions about Spykar
Spykar was founded in 1992 and raised its 1st funding round 15 years after it was founded.
Spykar is headquartered in Mumbai, India. It is registered at Mumbai, Maharashtra, India.
Sanjay Vakharia is the current CEO of Spykar. They have also founded this company.
Spykar is a funded company, having raised a total of $15.33M across 3 funding rounds to date. The company's 1st funding round was a Series A of $5.25M, raised on Jun 2007.
Spykar has 269 employees.
The primary company behind Spykar, Spykar Lifestyles Private Limited, reported revenue of ₹622 Cr for FY 2025, up 3% year on year.
Spykar is involved in the retail of casual clothing, primarily focusing on denim jeans for men and women in India. The company offers a wide range of apparel including shirts, t-shirts, jackets, and innerwear. Operations are centered in the fashion and lifestyle sector, providing trendy and youth-oriented solutions through an online platform and physical stores.
Spykar's top competitors include Inditex, Bewakoof and American Eagle Outfitters.
Spykar offers Jeans, Shirts, and Innerwear.
Spykar has 4 investors. Key investors include Avigo Capital Partners, Metmin Investments, Rajan Mehta, and Rajan Mehta.
The valuation of Spykar is $16.86M as of Jul 2011.
Spykar operates through Spykar Lifestyles Private Limited.