About The Yarn Bazaar
The Yarn Bazaar is a company based in Bengaluru (India) founded in 2017 by Pratik Gadia and Akshat Doshi. The Yarn Bazaar has raised $1.96 million across 3 funding rounds from investors including Angel List, LetsVenture and ACG Group. The Yarn Bazaar operates in a competitive market with competitors including XSTOK, Fabrito, Fabric Monde, TradeUNO and The Design Cart, among others.
- Headquarter Bengaluru, India
- Founders Pratik Gadia, Akshat Doshi
- Stage Minicorn
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Sectors
RetailIndustrial Goods & Manufacturing
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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 Filosha Infotech Private Limited
- Date of Incorporation 16 Nov, 2017
- Jurisdiction Goregaon East, Maharashtra, India
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Annual Revenue
$221.83 K (USD)2326.65as on Mar 31, 2023
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Net Profit
-$170.53 K (USD)-576.62as on Mar 31, 2023
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EBITDA
-$240.36 K (USD)-1126.06as on Mar 31, 2023
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Total Equity Funding
$1.96 M (USD)
in 3 rounds
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Latest Funding Round
$1.83 M (USD), Seed
Jun 19, 2023
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Investors
Angel List
& 34 more
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Employee Count
Not available
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People of The Yarn Bazaar
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Funding Insights of The Yarn Bazaar
The Yarn Bazaar has successfully raised a total of $1.96M across 3 strategic funding rounds. The most recent funding activity was a Seed round of $1.83 million completed in June 2023. 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 Yarn Bazaar
The Yarn Bazaar has secured backing from 35 investors, including venture fund, angel, and institutional investors. Prominent investors backing the company include Angel List, LetsVenture and ACG Group.
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Series A investments are managed by this venture capital firm.
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Venture capital investments in early-stage Indian startups focusing on technology and innovation.
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Investor details for The Yarn Bazaar
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Investments & Acquisitions by The Yarn Bazaar
Investment portfolio details for The Yarn Bazaar
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Financial Statements - The Yarn Bazaar
Detailed financials for The Yarn Bazaar
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The Yarn Bazaar Comparisons
Peer comparison for The Yarn Bazaar
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Competitors of The Yarn Bazaar
The Yarn Bazaar 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 XSTOK, Fabrito, Fabric Monde, TradeUNO and The Design Cart, among others.
| Company Name | Domain | Founded year | HQ Location | Description |
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Auction-based marketplace platform offering B2B textile
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Fabrics are sourced and purchased via an online platform.
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Distributes high-quality handloom products to wholesale and retail markets.
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Online B2B marketplace for fabrics and readymade clothes is operated.
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Online B2B marketplace for fashion raw materials is provided.
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Detailed competitors of The Yarn Bazaar
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Latest news on The Yarn Bazaar
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Frequently Asked Questions about The Yarn Bazaar
The Yarn Bazaar was founded in 2017 and raised its 1st funding round 5 years after it was founded.
The Yarn Bazaar is headquartered in Bengaluru, India. It is registered at Bengaluru, Karnataka, India.
Pratik Gadia is the current CEO of The Yarn Bazaar. They have also founded this company.
The Yarn Bazaar is a funded company, having raised a total of $1.96M across 3 funding rounds to date.
Annual revenue of The Yarn Bazaar is $221.83K as on Mar 31, 2023.
The Yarn Bazaar was founded in 2017 in Bengaluru, India, as an online B2B platform in the textile sector. Yarns are sourced and traded through the marketplace, where buyers and sellers access prices, market trends, and related information. Technical support and advice are delivered by a dedicated team to customers. Financing options and logistics services are facilitated for yarn procurement across operations.
The Yarn Bazaar's top competitors include Fabrito, Fabric Monde and The Design Cart.
The Yarn Bazaar has 35 investors. Key investors include Angel List, LetsVenture, ACG Group, Patni Financial Advisors, and Equanimity Investments.
The valuation of The Yarn Bazaar is $1.29M as of Mar 2022.