The Indian Ethnic

Mumbai, India Founded: 2016 • Age: 10 yrs
Internet first brand offering handcrafted ethnic wear for women
Annual revenue $1.4M Latest available
Total funding $199,818 1 rounds
Employees - Tracked headcount
Investors 1 Known backers
Products 4 Services tracked
Competitors 9 Brand Intelligence

About The Indian Ethnic

The Indian Ethnic is a company based in Mumbai (India) founded in 2016 by Hetal Desai and Lekhinee Desai. The Indian Ethnic has raised $199.82 thousand across 1 funding round from investors including SSS Advisory. The Indian Ethnic offers products and services including Kurtas, Dresses, Co-ord Sets, and Fabrics. The Indian Ethnic operates in a competitive market with competitors including Dressfolk, Via East, Pinklay, Handme and Six Yard Story, among others.

  • Headquarter Mumbai, India
  • Founders Hetal Desai, Lekhinee Desai
  • Stage Minicorn
  • Sectors
    Retail
  • Email
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  • Phone
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  • Website
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  • Social
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  • Legal Name Tieco Ecom And Retail Private Limited
  • Date of Incorporation 01 Sep, 2020
  • Jurisdiction Mumbai, Maharashtra, India
Operational Areas
Retail → Fashion & Retail Innovation Unlock Sub-Sector Unlock Segment
Retail → Consumer & Fashion Retail Unlock Sub-Sector Unlock Segment
Key Metrics
  • Annual Revenue
    $1.38 M (USD)
    37.98
    as on Mar 31, 2023
  • Net Profit
    $44.15 K (USD)
    -12.3
    as on Mar 31, 2023
  • EBITDA
    $95.87 K (USD)
    11.66
    as on Mar 31, 2023
  • Total Equity Funding
    $199.82 K (USD)

    in 1 rounds

  • Latest Funding Round
    $199.82 K (USD), Seed

    Apr 24, 2021

  • Investors
  • Employee Count
    Not available
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Products & Services of The Indian Ethnic

The Indian Ethnic offers a comprehensive portfolio of products and services, including Kurtas, Dresses, Co-ord Sets, and Fabrics.

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Category locked
Primary

Handcrafted traditional Indian tops with prints and embroidery

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Ethnic dresses made from natural fabrics for various occasions

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Matching sets of ethnic clothing for casual wear

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Hand block printed fabrics for custom clothing

Funding Insights of The Indian Ethnic

The Indian Ethnic has successfully raised a total of $199.82K through 1 strategic funding round. The most recent funding activity was a Seed round of $199.82 thousand completed in April 2021. 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.

Investors in The Indian Ethnic

The Indian Ethnic has secured backing from 1 investor. Prominent investors backing the company include SSS Advisory.

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Investor Description Founded Year Domain Location
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Investor details for The Indian Ethnic

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Investments & Acquisitions by The Indian Ethnic

Investments
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Investment portfolio details for The Indian Ethnic

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Financial Statements - The Indian Ethnic

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Detailed financials for The Indian Ethnic

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The Indian Ethnic Comparisons

The Indian Ethnic Primary company
Description
Internet first brand offering handcrafted ethnic wear for wo...
Location
Mumbai, India
Founded Year
2016
Annual Revenue
$1.38 M (USD)
Net Profit
$44.15 K (USD)
EBITDA
$95.87 K (USD)
Employees
Not available
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Peer comparison for The Indian Ethnic

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Competitors of The Indian Ethnic

The Indian Ethnic 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 Dressfolk, Via East, Pinklay, Handme and Six Yard Story, among others.

Company Name Domain Founded year HQ Location Description
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Handcrafted ethnic wear for women is offered online by Dressfolk.
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Retailer of handcrafted Indian sarees and clothing
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Online retailer offering women's clothing, home decor, and kids' products globally.
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Handcrafted casual wear for women is offered online.
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Provides handwoven sarees, blouses, and ethnic apparel through e-commerce platform.
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Detailed competitors of The Indian Ethnic

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Latest news on The Indian Ethnic

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Complete news archive for The Indian Ethnic

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Frequently Asked Questions about The Indian Ethnic

The Indian Ethnic was founded in 2016 and raised its 1st funding round 5 years after it was founded.

The Indian Ethnic is headquartered in Mumbai, India. It is registered at Mumbai, Maharashtra, India.

The Indian Ethnic is a funded company, having raised a total of $199.82K across 1 funding round to date.

Annual revenue of The Indian Ethnic is $1.38M as on Mar 31, 2023.

The company was founded in 2016 and is headquartered in Mumbai, India. Operations focus on the ethnic wear sector, where handcrafted apparel for women is offered through an online platform. Items such as kurtas, sarees, blouses, pants, lehengas, and churidars are included in the catalog, with cotton fabrics used in production. Co-founders Hetal Desai and Lekhinee Desai lead the venture.

The Indian Ethnic's top competitors include Dressfolk, Via East and Handme.

The Indian Ethnic offers Kurtas, Dresses, Co-ord Sets, and Fabrics.

The Indian Ethnic has 1 investor. Key investors include SSS Advisory.

The valuation of The Indian Ethnic is $1.62M as of Apr 2021.

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