About Sukkhi Fashion Jewellery
Sukkhi Fashion Jewellery is a company based in Mumbai (India) founded in 2012 by Raj Kanojiya, Bhavesh Navlakha, and Viral Hingarh.. Sukkhi Fashion Jewellery has raised $9.56 million across 4 funding rounds from investors including Carpediem Capital Partners, Duane Ventures and Duane Park. The company has 45 employees as of April 06, 2024. Sukkhi Fashion Jewellery offers products and services including Earrings, Rings, Bracelets, Necklaces, and Pendant Sets. Sukkhi Fashion Jewellery operates in a competitive market with competitors including Voylla, Rubans and Palmonas, among others.
- Headquarter Mumbai, India
- Employees 45 as on 06 Apr, 2024
- Founders Raj Kanojiya, Bhavesh Navlakha, Viral Hingarh
- Stage Minicorn
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Sectors
Retail
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Email
***********
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Phone
*********
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Website
*********
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Social
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- Legal Name Sukkhi Online Private Limited
- Date of Incorporation 22 Aug, 2016
- Jurisdiction Mumbai, Maharashtra, India
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Annual Revenue
$12.77 M (USD)9.23as on Mar 31, 2023
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Net Profit
$-457.27 K (USD)46.6as on Mar 31, 2023
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EBITDA
$-155.36 K (USD)23.34as on Mar 31, 2023
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Total Equity Funding
$9.56 M (USD)
in 4 rounds
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Latest Funding Round
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Investors
Carpediem Capital Partners
& 6 more
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Employee Count
45
as on Apr 06, 2024
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Products & Services of Sukkhi Fashion Jewellery
Sukkhi Fashion Jewellery offers a comprehensive portfolio of products and services, including Earrings, Rings, Bracelets, Necklaces, and Pendant Sets. The company's diverse product and service offerings are designed to meet the evolving needs of its customers, address market demands, and provide comprehensive solutions that drive value creation and customer satisfaction across various segments and use cases.
Ear accessories in various styles for fashion wear
Finger rings for daily and special occasions
Wrist accessories including Kada and bangle sets
Neck wear like pendants and choker designs
Complete sets for coordinated fashion looks
Funding Insights of Sukkhi Fashion Jewellery
Sukkhi Fashion Jewellery has successfully raised a total of $9.56M across 4 strategic funding rounds. 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 4
- Last Round Last Round
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First Round
First Round
(17 Oct 2018)
- Investors Count 7
| Date | Amount | Transaction Name | Valuation | Lead Investors | Investors |
|---|---|---|---|---|---|
| Oct, 2025 | Amount | Series A - Sukkhi Fashion Jewellery | Valuation |
investors |
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| Sep, 2024 | Amount | Series A - Sukkhi Fashion Jewellery | Valuation | Capri Global Holdings | |
| Apr, 2022 | Amount | Series A - Sukkhi Fashion Jewellery | Valuation | Duane Park |
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| Date | Amount | Transaction Name | Valuation | Lead Investors | Investors |
|---|---|---|---|---|---|
| Jul, 2021 | Amount | Post-IPO - Grab | Valuation |
investors |
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| Feb, 2021 | Amount | Post-IPO - Grab | Valuation |
investors |
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| Jan, 2021 | Amount | Post-IPO - Grab | Valuation |
investors |
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| Feb, 2021 | Amount | Post-IPO - Grab | Valuation |
investors |
Investors in Sukkhi Fashion Jewellery
Sukkhi Fashion Jewellery has secured backing from 7 investors, including institutional and venture fund investors. Prominent investors backing the company include Carpediem Capital Partners, Duane Ventures and Duane Park. 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 |
|---|---|---|---|---|
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Private equity investments in Indian SMEs focusing on consumption opportunities and growth capital provision.
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Founded Year | Domain | Location | |
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Duane Ventures is engaged in startup investment activities.
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Founded Year | Domain | Location | |
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Venture capital investments and advisory services in the finance sector.
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Founded Year | Domain | Location |
| Investor | Description | Founded Year | Domain | Location |
|---|---|---|---|---|
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Single family office of Amitabh Bachchan, founder of Amitabh Bachchan Corporation or AB CORP
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Founded Year | Domain | Location | |
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Startup ecosystems are ignited through strategic investments by Signite Partners.
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Founded Year | Domain | Location | |
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Venture capital is directed toward companies in multiple sectors.
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Founded Year | Domain | Location | |
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Venture capital is invested in cybersecurity, fintech, and AI startups.
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Founded Year | Domain | Location |
Investments & Acquisitions by Sukkhi Fashion Jewellery
| Company Name | Description | Domain | Location | Founded Year | Amount |
|---|---|---|---|---|---|
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Bionic investment advisor platform
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2016 | ||||
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Fine Asian gourmet food is offered by an internet-first restaurant.
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2016 | ||||
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Physical e-commerce kiosks are deployed for rural purchases in Indonesia.
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2014 | ||||
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Fine Asian gourmet food is offered by an internet-first restaurant.
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2016 |
Financial Statements - Sukkhi Fashion Jewellery
| Date | Amount | Transaction Name | Valuation | Lead Investors | Investors |
|---|---|---|---|---|---|
| Jul, 2021 | Amount | Post-IPO - Grab | Valuation |
investors |
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| Feb, 2021 | Amount | Post-IPO - Grab | Valuation |
investors |
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| Jan, 2021 | Amount | Post-IPO - Grab | Valuation |
investors |
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| Feb, 2021 | Amount | Post-IPO - Grab | Valuation |
investors |
Sukkhi Fashion Jewellery Comparisons
Competitors of Sukkhi Fashion Jewellery
Sukkhi Fashion Jewellery 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 Voylla, Rubans and Palmonas, 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 |
Jewelry and fashion accessories are offered online by Voylla.
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| domain | founded_year | HQ Location |
Fashion and imitation jewelry are sold via an online platform.
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| domain | founded_year | HQ Location |
Demi-fine gold-plated jewelry pieces are designed and sold.
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| Company Name | Domain | Founded year | HQ Location | Description |
|---|---|---|---|---|
| domain | founded_year | HQ Location |
Multiple services are booked via an app-based platform.
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| domain | founded_year | HQ Location |
On-demand services are booked through an app-based platform.
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| domain | founded_year | HQ Location |
App based platform offering on demand delivery and ride-hailing services
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| domain | founded_year | HQ Location |
Operates an on-demand hyperlocal delivery app for food and groceries.
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Latest news on Sukkhi Fashion Jewellery
Frequently Asked Questions about Sukkhi Fashion Jewellery
When was Sukkhi Fashion Jewellery founded?
Sukkhi Fashion Jewellery was founded in 2012 and raised its 1st funding round 6 years after it was founded.
Where is Sukkhi Fashion Jewellery located?
Sukkhi Fashion Jewellery is headquartered in Mumbai, India. It is registered at Mumbai, Maharashtra, India.
Is Sukkhi Fashion Jewellery a funded company?
Sukkhi Fashion Jewellery is a funded company, having raised a total of $9.56M across 4 funding rounds to date. The company's 1st funding round was a Series A of $1.11M, raised on Oct 17, 2018.
How many employees does Sukkhi Fashion Jewellery have?
As of Apr 06, 2024, the latest employee count at Sukkhi Fashion Jewellery is 45.
What is the annual revenue of Sukkhi Fashion Jewellery?
Annual revenue of Sukkhi Fashion Jewellery is $12.77M as on Mar 31, 2023.
What does Sukkhi Fashion Jewellery do?
Sukkhi Fashion Jewellery was established in 2012 in Mumbai, India, within the online jewelry retail sector. A range of Indian ethnic and fashion jewelry, including necklaces, bangles, earrings, rings, and accessories in Kundan, oxidized, and temple styles, is offered to address varied preferences. The platform supports straightforward shopping and order monitoring. Product warranties are extended to customers.
Who are the top competitors of Sukkhi Fashion Jewellery?
What products or services does Sukkhi Fashion Jewellery offer?
Sukkhi Fashion Jewellery offers Earrings, Rings, Bracelets, Necklaces, and Pendant Sets.
Who are Sukkhi Fashion Jewellery's investors?
Sukkhi Fashion Jewellery has 7 investors. Key investors include Carpediem Capital Partners, Duane Ventures, Duane Park, Tute Consult, and Capri Global Holdings.
What is Sukkhi Fashion Jewellery's valuation?
The valuation of Sukkhi Fashion Jewellery is $27.24M as of Sep 2024.