About Taruni
Taruni is a company based in Hyderabad (India) founded in 2008 by Rajesh Malve, Rajendra Malve, and Rajeev Malve. It operates as a D2C, and B2C. The company has 194 employees as of March 31, 2023. Taruni offers products and services including Suit Sets, Lehengas, Kurtis, and Jewellery. Taruni operates in a competitive market with competitors including Fashor, Dressfolk, Suta, House of Chikankari and trueBrowns, among others.
- Headquarter Hyderabad, India
- Employees 194 as on 31 Mar, 2023
- Founders Rajesh Malve, Rajendra Malve, Rajeev Malve
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Sectors
Consumer
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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 Taruni Clothing Private Limited
- Date of Incorporation 27 Feb, 2008
- Jurisdiction Secunderabad, Telangana, India
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Annual Revenue
$17.64 M (USD)40.56as on Mar 31, 2023
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Net Profit
$1.53 M (USD)710.23as on Mar 31, 2023
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EBITDA
$2.48 M (USD)236.39as on Mar 31, 2023
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Latest Funding Round
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Investors
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Employee Count
194
as on Mar 31, 2023
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Products & Services of Taruni
Taruni offers a comprehensive portfolio of products and services, including Suit Sets, Lehengas, Kurtis, and Jewellery. 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.
Traditional suit sets for women and kids with custom stitching options.
Elegant lehengas designed for weddings and festive occasions.
Versatile kurtis in various styles for everyday and formal wear.
Ethnic jewellery pieces including earrings and necklaces for occasions.
Funding Insights of Taruni
| 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 |
Investments & Acquisitions by Taruni
| 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 - Taruni
| 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 |
Taruni Comparisons
Competitors of Taruni
Taruni 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 Fashor, Dressfolk, Suta, House of Chikankari and trueBrowns, 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 |
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| domain | founded_year | HQ Location |
Ethnic wear for women is offered via an internet-first brand.
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| domain | founded_year | HQ Location |
Handcrafted ethnic wear for women is offered online by Dressfolk.
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| domain | founded_year | HQ Location |
Online platform selling traditional Indian apparel and accessories.
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| domain | founded_year | HQ Location |
Hand-embroidered Chikankari apparel for men and women is provided.
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| domain | founded_year | HQ Location |
Women's apparel is offered through an internet-first brand.
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| domain | founded_year | HQ Location |
Ethnic wear for women is offered via an internet-first brand.
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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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Frequently Asked Questions about Taruni
When was Taruni founded?
Taruni was founded in 2008.
Where is Taruni located?
Taruni is headquartered in Hyderabad, India. It is registered at Hyderabad, Telangana, India.
How many employees does Taruni have?
As of Mar 31, 2023, the latest employee count at Taruni is 194.
What is the annual revenue of Taruni?
Annual revenue of Taruni is $17.64M as on Mar 31, 2023.
What does Taruni do?
Taruni specializes in selling ethnic wear such as suit sets, lehengas, kurtis, and jewellery primarily for women and kids. It operates through an online platform offering custom stitching, free alterations, and worldwide shipping. Based in India with a focus on South India, it serves customers seeking affordable, high-quality traditional and modern fusion designs for occasions like weddings and festivals.
Who are the top competitors of Taruni?
Taruni's top competitors include Fashor, Dressfolk and House of Chikankari.
What products or services does Taruni offer?
Taruni offers Suit Sets, Lehengas, Kurtis, and Jewellery.