About Texfy
Texfy is a company based in Visakhapatnam (India) founded in 2016 by Srinivas Reddy Yarragudi, Raghunath Penumarthi, and Akhil Teja Dandamudi. Texfy operates in a competitive market with competitors including Fibre2Fashion, Zoomtail, XSTOK, Tradyl and BizUp, among others.
- Headquarter Visakhapatnam, India
- Founders Srinivas Reddy Yarragudi, Raghunath Penumarthi, Akhil Teja Dandamudi
- SectorsRetail
- Email••••••••
- Website texfy.com
- Social LinkedIn X Facebook
- Legal Name Teremac Private Limited
- Date of Incorporation 24 Aug, 2016
- Jurisdiction Visakhapatnam, Andhra Pradesh, India
- Net Loss-₹16,000
FY 2017 · 0% margin
- EBITDA-₹16,000
FY 2017 · 0% margin
Associated legal entities of Texfy
Texfy operates through Teremac Private Limited (active). Its filings, financials, charges and directors are on the company page.
| Legal entity | Status | Incorporated | Registered in | Revenue (FY 2017) | Employees | Directors | Company page |
|---|---|---|---|---|---|---|---|
| Teremac Private Limited CIN U74997AP2016PTC103937 | Active | 24 Aug 2016 | Visakhapatnam, Andhra Pradesh | – | – | 2 | View details |
Board of directors of Teremac Private Limited (Texfy)
Teremac Private Limited is the primary company behind Texfy. The board of Teremac Private Limited currently have 2 directors; the longest-serving is Inturi Sravani, appointed in 2019. 4 earlier directors have ceased.
| Director | Designation | Appointed | Tenure | Entity |
|---|---|---|---|---|
| Inturi Sravani DIN 08601070 | Director | 08 Dec 2019 | 6 yrs 10 mo | Teremac Private Limited |
| Satya Akhil Teja Dandamudi DIN 09010635 | Director | 26 Dec 2020 | 5 yrs 9 mo | Teremac Private Limited |
People of Texfy
3 people are tracked at Texfy (3 in leadership).
| Name | Role | Group |
|---|---|---|
Srinivas Reddy Yarragudi | Co-Founder | Leadership |
Raghunath Penumarthi | Co-Founder & CEO | Leadership |
| Co-Founder | Leadership |
Complete people profiles for Texfy
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Financials of Texfy
Figures of Teremac Private Limited, the primary company behind Texfy, for FY 2017. Net loss was -₹16,000 (0% margin). EBITDA was -₹16,000 (0% margin).
- -₹16,000Net loss · 0% margin
- -₹16,000EBITDA · 0% margin
- ₹1 LakhPaid-up capital
Balance sheet, profit and loss, cash flow and ratios of Teremac Private Limited are on its company page.
Detailed financial statements for Texfy
Statement rows, ratios, five-year trends and downloadable financials of the group companies require an active premium plan.
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Competitors of Texfy
Texfy 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 Fibre2Fashion, Zoomtail, XSTOK, Tradyl and BizUp, among others.
| Company Name | Domain | Founded | HQ Location | Total funding | Employees | Description |
|---|---|---|---|---|---|---|
| fibre2fashion.com | 2000 | Ahmedabad, India | $836,500 | 124 | B2B marketplace for textile and fashion sourcing is operated. | |
| zoomtail.com | 2018 | Bengaluru, India | $1.6M | 8 | Manages a B2B digital marketplace for multi-category fashion products. | |
| xstok.com | 2015 | Mumbai, India | $1.93M | – | Auction-based marketplace platform offering B2B textile | |
| tradyl.biz | 2021 | Bengaluru, India | $2.18M | 14 | Provider of B2B e-commerce platform for fashion and lifestyle sourcing | |
| bizup.app | 2021 | Delhi, India | $1.57M | 13 | Fashion B2B wholesale is enabled via zero-commission video shopping app. | |
| kaarigarmandi.in | 2017 | Agra, India | $209,710 | – | Footwear manufacturers are connected via a B2B marketplace platform. | |
| sarafabazar.in | 2020 | Saharanpur, India | $97,993 | 22 | Online B2B marketplace for jewelry items is operated. | |
| greenorbit.co.in | 2005 | Kolkata, India | $66,416 | 135 | Children's apparel is distributed electronically by Green Orbit. |
Detailed competitors of Texfy
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- Full competitor set
- Operating metrics
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Similar companies to Texfy
10 companies that operate in the same segment as Texfy (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 Texfy
Texfy was founded in 2016.
Texfy is headquartered in Visakhapatnam, India. It is registered at Visakhapatnam, Andhra Pradesh, India.
Raghunath Penumarthi is the current CEO of Texfy. They have also founded this company.
Texfy was established in 2016 in Visakhapatnam, India, as an online B2B platform in the fashion sector. A wide range of apparel is provided for men, women, and children, including shirts, t-shirts, dresses, tops, pants, bottoms, suits, and formal wear. Operations focus on connecting buyers and sellers through a digital catalog. The company is led by co-founders Srinivas Reddy Yarragudi, Raghunath Penumarthi as CEO, and Akhil Teja Dandamudi.
Texfy's top competitors include Fibre2Fashion, Zoomtail and BizUp.
Texfy operates through Teremac Private Limited.
The legal entities of Texfy currently have 2 directors, including Satya Akhil Teja Dandamudi, Inturi Sravani.