About Textile Basket
Textile Basket is an Industrial Goods & Manufacturing company based in Mumbai (India) founded in 2016 by Ravi Mansinghka. A sustainable fabric supplier for the clothing industry. It operates on a B2B model. Its chief executive, as recorded, is Ravi Mansinghka. Its Indian entity Texbasket Private Limited reported revenue of ₹18.44 Cr. Its focus areas include Textiles and Apparel, Fabric Supply, Sustainable Textiles and Clothing Materials. Its competitors include Fabrito, Liquid Diamonds and The Yarn Bazaar; 3 of its 3 listed competitors have raised funding.
Company details
Textile Basket, founded in 2016 in Mumbai, India, focuses on textiles and apparel, fabric supply, sustainable textiles, and clothing materials. A sustainable fabric supplier for the clothing industry. The company is dedicated to excellence, innovation, and customer satisfaction, ensuring sustainable practices and long-term success in its sectors.
- Headquarters Mumbai, India
- Founders Ravi Mansinghka
- SectorsIndustrial Goods & Manufacturing
- Website textilebasket.com
- Social X Facebook
- Legal Name Texbasket Private Limited
- Date of Incorporation 25 May, 2016
- Jurisdiction Mumbai, Maharashtra, India
- Annual Revenue₹18.44 Cr
FY 2025 · -13% YoY
- Net Profit₹17.6 Lakh
FY 2025 · 1% margin
- EBITDA₹55.5 Lakh
FY 2025 · 3% margin
Associated legal entities of Textile Basket
Textile Basket operates through Texbasket 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 |
|---|---|---|---|---|---|---|---|
| Texbasket Private Limited CIN U74999MH2016PTC281604 | Active | 25 May 2016 | Mumbai, Maharashtra | ₹18.4 Cr | 2 | View details |
Board of directors of Texbasket Private Limited (Textile Basket)
Texbasket Private Limited is the primary company behind Textile Basket. The board of Texbasket Private Limited currently have 2 directors; the longest-serving is Ravvi Navinkumar Mansinghka, appointed in 2016. 1 earlier director has ceased.
| Director | Designation | Appointed | Tenure | Entity |
|---|---|---|---|---|
| Ravvi Navinkumar Mansinghka DIN 01657231 | Director | 25 May 2016 | 10 yrs 5 mo | Texbasket Private Limited |
| Lalita Navin Mansinghka DIN 01676947 | Director | 01 Jun 2021 | 5 yrs 4 mo | Texbasket Private Limited |
People of Textile Basket
1 people are tracked at Textile Basket (1 in leadership).
| Name | Role | Group |
|---|---|---|
Ravi Mansinghka | Founder, CEO | Leadership |
Complete people profiles for Textile Basket
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Financials of Textile Basket
Figures of Texbasket Private Limited, the primary company behind Textile Basket, for FY 2025. Revenue was ₹18.44 Cr (-13% year on year). Net profit was ₹17.6 Lakh (1% margin). EBITDA was ₹55.5 Lakh (3% margin). Revenue has grown at a compounded annual rate of 0% over three years and +22% over five years.
- ₹18.44 CrRevenue · FY 2025 · -13% YoY
- ₹17.6 LakhNet profit · 1% margin
- ₹55.5 LakhEBITDA · 3% margin
- ₹50 LakhPaid-up capital
- 0%Revenue CAGR, 3 years
- +22%Revenue CAGR, 5 years
Balance sheet, profit and loss, cash flow and ratios of Texbasket Private Limited are on its company page.
Detailed financial statements for Textile Basket
Statement rows, ratios, five-year trends and downloadable financials of the group companies require an active premium plan.
- Statement rows
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- Five-year trends
- Downloads
Verified entity values are shown only after access is granted.
Competitors of Textile Basket
Textile Basket has 3 listed competitors in our database, 3 of them funded. They include Fabrito, Liquid Diamonds and The Yarn Bazaar.
| Company Name | Domain | Founded | HQ Location | Total funding | Employees | Description |
|---|---|---|---|---|---|---|
| fabrito.in | 2022 | Gurugram, India | $447,934 | Fabrics are sourced and purchased via an online platform. | ||
| liquid.diamonds | 2017 | Mumbai, India | $1.22M | Technology-driven diamond sourcing solutions are offered to retailers and wholesalers. | ||
| theyarnbazaar.com | 2017 | Bengaluru, India | $1.96M | 10 | Yarns are traded via an online B2B marketplace platform. |
Detailed competitors of Textile Basket
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Top companies in Textile & Yarn Production
3 companies that operate in the same segment as Textile Basket (Textile & Yarn Production) in India, ranked by their profile score on The Company Check.
| Company | Description | Founded | Location | Total funding | Revenue | Employees |
|---|---|---|---|---|---|---|
Bicycle manufacturing, sales, and accessory services in India. | 1956 | Gurugram, Haryana, India | USD 246.88 M | 2,472 | ||
Fabrics, synthetic yarns, viscose, chemicals, and linen products are manufactured. | 1947 | Ujjain, Madhya Pradesh, India | USD 18.65 B | 47,020 | ||
Home textile products are manufactured, retailed, and distributed globally. | 1985 | Bengaluru, Karnataka, India | USD 253.24 M | 8,060 |
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Frequently Asked Questions about Textile Basket
Textile Basket was founded in 2016.
Textile Basket is headquartered in Mumbai, India. It is registered at Mumbai, Maharashtra, India.
Ravi Mansinghka is the CEO of Textile Basket, as recorded in our data. They have also founded this company.
The primary company behind Textile Basket, Texbasket Private Limited, reported revenue of ₹18.44 Cr for FY 2025, down 13% year on year.
Textile Basket, founded in 2016 in Mumbai, India, focuses on textiles and apparel, fabric supply, sustainable textiles, and clothing materials. A sustainable fabric supplier for the clothing industry. The company is dedicated to excellence, innovation, and customer satisfaction, ensuring sustainable practices and long-term success in its sectors.
Textile Basket's top competitors include Fabrito, The Yarn Bazaar and Liquid Diamonds.
Textile Basket operates through Texbasket Private Limited.
The legal entities of Textile Basket currently have 2 directors, including Ravvi Navinkumar Mansinghka, Lalita Navin Mansinghka.