trueBrowns

Gurugram, India Founded: 2016 • Age: 10 yrs
Womens apparel is offered through an internet-first brand.
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About trueBrowns

trueBrowns is a company based in Gurugram (India) founded in 2016 by Udita Bansal.. trueBrowns has raised $389.75 thousand across 1 funding round from investors including GOAT Brand Labs. The company has 26 employees as of April 07, 2024. trueBrowns offers products and services including Kurta Sets, Dresses, Co-ord Sets, and Jewelry. trueBrowns operates in a competitive market with competitors including Fashor, Dressfolk, Suta, House of Chikankari and Isadora Life, among others.

  • Headquarter Gurugram, India
  • Employees 26 as on 07 Apr, 2024
  • Founders Udita Bansal
  • Stage Minicorn
  • Sectors
    Retail
  • Email
    ***********
  • Phone
    *********
  • Website
    *********
  • Social
    *********
  • Legal Name Truebrowns Lifestyle Private Limited
  • Date of Incorporation 27 Jun, 2019
  • Jurisdiction Industrial Complex Dundahera, Haryana, India
Operational Areas
Retail → Fashion & Retail Innovation → →
Retail → Consumer & Fashion Retail → →
Key Metrics
  • Annual Revenue
    $2.61 M (USD)
    254.84
    as on Mar 31, 2023
  • Net Profit
    $-726.22 K (USD)
    -49858.16
    as on Mar 31, 2023
  • EBITDA
    $-694.32 K (USD)
    -4400.44
    as on Mar 31, 2023
  • Total Equity Funding
    $389.75 K (USD)

    in 1 rounds

  • Latest Funding Round
    $389.75 K (USD), Seed

    Mar 08, 2022

  • Investors
    GOAT Brand Labs
  • Employee Count
    26

    as on Apr 07, 2024

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Products & Services of trueBrowns

trueBrowns offers a comprehensive portfolio of products and services, including Kurta Sets, Dresses, Co-ord Sets, and Jewelry. The company's diverse product and service offerings are designed to meet the evolving needs of its customers, address market demands, and provide comprehensive solutions that drive value creation and customer satisfaction across various segments and use cases.

Primary

Outfits combining kurtas with matching pieces for daily wear

Various styles of dresses for women and events

Coordinated tops and bottoms for casual outfits

Fashion pieces like earrings and necklaces

Funding Insights of trueBrowns

trueBrowns has successfully raised a total of $389.75K through 1 strategic funding round. The most recent funding activity was a Seed round of $389.75 thousand completed in March 2022. 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.

  • Total Funding
  • Total Rounds 1
  • Last Round Seed — $389,745
  • First Round

    (08 Mar 2022)

  • Investors Count 1
Date Amount Transaction Name Valuation Lead Investors Investors
Mar, 2022 Amount Seed - trueBrowns Valuation GOAT Brand Labs
Date Amount Transaction Name Valuation Lead Investors Investors
Jul, 2021 Amount Post-IPO - Grab Valuation

investors
Emtek
Feb, 2021 Amount Post-IPO - Grab Valuation

investors
Signite Partners
Jan, 2021 Amount Post-IPO - Grab Valuation

investors
Hana Financial Group , GGV Capital
Feb, 2021 Amount Post-IPO - Grab Valuation

investors
Signite Partners

Investors in trueBrowns

trueBrowns has secured backing from 1 investor, including institutional investors. Prominent investors backing the company include GOAT Brand Labs. This diverse investor base provides strategic capital, industry expertise, and valuable network connections that support the company's growth initiatives, market expansion, and long-term value creation.

All
Institutional
Investor Description Founded Year Domain Location
GOAT Brand Labs
Investment and scaling of D2C lifestyle brands are facilitated.
Founded Year Domain Location
Investor Description Founded Year Domain Location
Amitabh Bachchan family office
Single family office of Amitabh Bachchan, founder of Amitabh Bachchan Corporation or AB CORP
Founded Year Domain Location
Signite Partners
Startup ecosystems are ignited through strategic investments by Signite Partners.
Founded Year Domain Location
Sixteenth Street Capital
Venture capital is directed toward companies in multiple sectors.
Founded Year Domain Location
GGV Capital
Venture capital is invested in cybersecurity, fintech, and AI startups.
Founded Year Domain Location

Investments & Acquisitions by trueBrowns

Investments
Company Name Description Domain Location Founded Year Amount
Bento Cloud
Bionic investment advisor platform
2016
48East
Fine Asian gourmet food is offered by an internet-first restaurant.
2016
GrabKios by Kudo
Physical e-commerce kiosks are deployed for rural purchases in Indonesia.
2014
48East
Fine Asian gourmet food is offered by an internet-first restaurant.
2016

Financial Statements - trueBrowns

Tata Steel revenue growth over time
Tata Steel profit and loss trends over time
Date Amount Transaction Name Valuation Lead Investors Investors
Jul, 2021 Amount Post-IPO - Grab Valuation

investors
Emtek
Feb, 2021 Amount Post-IPO - Grab Valuation

investors
Signite Partners
Jan, 2021 Amount Post-IPO - Grab Valuation

investors
Hana Financial Group , GGV Capital
Feb, 2021 Amount Post-IPO - Grab Valuation

investors
Signite Partners

Truebrowns Comparisons

Employees
+
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Competitors of trueBrowns

trueBrowns 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 Isadora Life, among others. This competitive environment drives innovation, market differentiation, and strategic positioning as companies strive to capture market share and deliver value to their customers. Understanding the competitive dynamics is crucial for assessing market positioning, identifying growth opportunities, and navigating the challenges inherent in a competitive marketplace.

Company Name Domain Founded year HQ Location Description
Fashor
domain founded_year HQ Location
Ethnic wear for women is offered via an internet-first brand.
Dressfolk
domain founded_year HQ Location
Handcrafted ethnic wear for women is offered online by Dressfolk.
Suta
domain founded_year HQ Location
Online platform selling traditional Indian apparel and accessories.
House of Chikankari
domain founded_year HQ Location
Hand-embroidered Chikankari apparel for men and women is provided.
Isadora Life
domain founded_year HQ Location
Ethnic wear for women is offered via an internet-first brand.
Company Name Domain Founded year HQ Location Description
inDrive
domain founded_year HQ Location
Multiple services are booked via an app-based platform.
Bolt
domain founded_year HQ Location
On-demand services are booked through an app-based platform.
Gojek
domain founded_year HQ Location
App based platform offering on demand delivery and ride-hailing services
Dunzo
domain founded_year HQ Location
Operates an on-demand hyperlocal delivery app for food and groceries.

Latest news on Truebrowns

Frequently Asked Questions about trueBrowns

When was trueBrowns founded?

trueBrowns was founded in 2016 and raised its 1st funding round 6 years after it was founded.

Where is trueBrowns located?

trueBrowns is headquartered in Gurugram, India. It is registered at Gurugram, Haryana, India.

Who is the current CEO of trueBrowns?

Udita Bansal is the current CEO of trueBrowns. They have also founded this company.

Is trueBrowns a funded company?

trueBrowns is a funded company, having raised a total of $389.75K across 1 funding round to date. The company's 1st funding round was a Seed of $389.75K, raised on Mar 08, 2022.

How many employees does trueBrowns have?

As of Apr 07, 2024, the latest employee count at trueBrowns is 26.

What is the annual revenue of trueBrowns?

Annual revenue of trueBrowns is $2.61M as on Mar 31, 2023.

What does trueBrowns do?

The company was founded in 2016 and is headquartered in Gurugram, India. Operations focus on the e-commerce sector for womens clothing, with a catalog that encompasses kurtas, pants, palazzos, sarees, workwear, casual wear, dresses, dupattas, and shawls. Products are distributed primarily online to serve a broad customer base in the apparel industry.

Who are the top competitors of trueBrowns?

trueBrowns's top competitors include Fashor, Dressfolk and House of Chikankari.

What products or services does trueBrowns offer?

trueBrowns offers Kurta Sets, Dresses, Co-ord Sets, and Jewelry.

Who are trueBrowns's investors?

trueBrowns has 1 investor. Key investors include GOAT Brand Labs.

What is trueBrowns's valuation?

The valuation of trueBrowns is $1.46M as of Mar 2022.

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