About Thevasa
Thevasa is a company based in Gurugram (India) founded in 2020 by Himanshu Wardhan and Neha Kalra. Thevasa has raised $1.62 million across 2 funding rounds from investors including M-Venture Partners, Patni Wealth Advisors and Akash Lal. The company has 21 employees as of March 07, 2025. Thevasa operates in a competitive market with competitors including Fashor, Dressfolk, Suta, House of Chikankari and trueBrowns, among others.
- Headquarter Gurugram, India
- Employees 21 as on 07 Mar, 2025
- Founders Himanshu Wardhan, Neha Kalra
- Stage Minicorn
-
Sectors
Retail
-
Email
Locked
-
Phone
Locked
-
Website
Locked
-
Social
Locked
- Legal Name Fulton Brands Private Limited
- Date of Incorporation 06 Jan, 2022
- Jurisdiction Gurugram, Haryana, India
-
Annual Revenue
$1.61 M (USD)199.63as on Mar 31, 2024
-
Net Profit
-$451.62 K (USD)-108.08as on Mar 31, 2024
-
EBITDA
-$581.71 K (USD)-99.96as on Mar 31, 2024
-
Total Equity Funding
$1.62 M (USD)
in 2 rounds
-
Latest Funding Round
$528.23 K (USD), Seed
Dec 02, 2023
-
Investors
M-Venture Partners
& 40 more
-
Employee Count
21
as on Mar 07, 2025
Unlock complete access to The Company Check
Get unrestricted viewing across everything we track — from companies and brands to investors, funding rounds, acquisitions, financials, and more.
- Unlimited viewing on all profiles Companies, investors, financials, funding, acquisitions & directors
- Full access to every database India & global coverage, advanced filters and rich profile details
- Always-on access from your team account Single premium plan for everything you see on the portal
Funding Insights of Thevasa
Thevasa has successfully raised a total of $1.62M across 2 strategic funding rounds. The most recent funding activity was a Seed round of $528.23 thousand completed in December 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 Thevasa
Thevasa has secured backing from 41 investors, including venture fund, angel, and institutional investors. Prominent investors backing the company include M-Venture Partners, Patni Wealth Advisors and Akash Lal.
| Investor | Description | Founded Year | Domain | Location |
|---|---|---|---|---|
|
Early-stage investments are made in innovative startup ventures by MVP.
|
Locked | Locked | Locked | |
|
Venture capital investments are directed toward consumer brand startups.
|
Locked | Locked | Locked | |
|
Seed-series venture capital is invested in tech startups.
|
Locked | Locked | Locked |
Investor details for Thevasa
Investor domains, locations, round participation, and complete history require an active premium plan.
- Investor domains
- Investor locations
- Funding rounds
- Participation history
Verified entity values are shown only after access is granted.
Investments & Acquisitions by Thevasa
Investment portfolio details for Thevasa
Portfolio company identities, transaction dates, round details, and investment values require an active premium plan.
- Portfolio identities
- Transaction dates
- Round details
- Investment values
Verified entity values are shown only after access is granted.
Financial Statements - Thevasa
Detailed financials for Thevasa
Historical revenue, profit, statement rows, ratios, and trend charts require an active premium plan.
- Historical revenue
- Profit trends
- Statement rows
- Financial ratios
Verified entity values are shown only after access is granted.
Thevasa Comparisons
Peer comparison for Thevasa
Named peer metrics, headcount, funding, location, and side-by-side benchmarks require an active premium plan.
- Named peers
- Headcount comparison
- Funding comparison
- Operating benchmarks
Verified entity values are shown only after access is granted.
Competitors of Thevasa
Thevasa 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.
| Company Name | Domain | Founded year | HQ Location | Description |
|---|---|---|---|---|
| Locked | Locked | Locked |
Ethnic wear for women is offered via an internet-first brand.
|
|
| Locked | Locked | Locked |
Handcrafted ethnic wear for women is offered online by Dressfolk.
|
|
| Locked | Locked | Locked |
Online platform selling traditional Indian apparel and accessories.
|
|
| Locked | Locked | Locked |
Hand-embroidered Chikankari apparel for men and women is provided.
|
|
| Locked | Locked | Locked |
Women's apparel is offered through an internet-first brand.
|
|
| Locked | Locked | Locked |
Ethnic wear for women is offered online by Shobitam.
|
Detailed competitors of Thevasa
Competitor domains, locations, full profiles, and operating metrics require an active premium plan.
- Domains and locations
- Full company profiles
- Operating metrics
- Competitive positioning
Verified entity values are shown only after access is granted.
Latest news on Thevasa
Complete news archive for Thevasa
Full article history, source details, and older brand coverage require an active premium plan.
- Full article archive
- Source and publication date
- Older coverage
- Brand-specific news history
Verified entity values are shown only after access is granted.
Frequently Asked Questions about Thevasa
Thevasa was founded in 2020 and raised its 1st funding round 2 years after it was founded.
Thevasa is headquartered in Gurugram, India. It is registered at Gurugram, Haryana, India.
Thevasa is a funded company, having raised a total of $1.62M across 2 funding rounds to date.
As of Mar 07, 2025, the latest employee count at Thevasa is 21.
Annual revenue of Thevasa is $1.61M as on Mar 31, 2024.
Thevasa was founded in 2020 in Gurugram, India, and operates as an online platform in the ethnic apparel sector. Womens clothing such as short kurtas, mid-length kurtas, long kurtas, salwars, straight pants, kaftans, and tops is featured in the catalog. Dupattas and stoles are provided alongside household items including bowls, mugs, jars, teapots, and platters. Tickets for workshops on coffee painting, tie-dye, and similar activities are also available.
Thevasa's top competitors include Fashor, Dressfolk and House of Chikankari.
Thevasa has 41 investors. Key investors include M-Venture Partners, Patni Wealth Advisors, Akash Lal, Ritika Nikhil, and Brad Mattson.
The valuation of Thevasa is $7.71M as of Dec 2023.