About Twenty Dresses
Twenty Dresses is a company based in Mumbai (India) founded in 2012 was acquired by Nykaa in March 2019.. Twenty Dresses has raised $1 million across 1 funding round from investors including Nykaa. The company has 14 employees as of April 08, 2024. Twenty Dresses operates in a competitive market with competitors including Culture Circle, SoleSearch, Exclusively, Elitify and Shuffling Suitcases, among others.
- Headquarter Mumbai, India
- Employees 14 as on 08 Apr, 2024
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Sectors
Retail
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Email
***********
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Phone
*********
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Website
*********
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Social
*********
- Legal Name Outletwise Retail Private Limited
- Date of Incorporation 18 Nov, 2011
- Jurisdiction Mumbai, Maharashtra, India
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Annual Revenue
$1.84 M (USD)102.26as on Mar 31, 2022
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Net Profit
$22.96 K (USD)1263.25as on Mar 31, 2022
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EBITDA
$25.7 K (USD)211.85as on Mar 31, 2022
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Total Equity Funding
$1 M (USD)
in 1 rounds
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Latest Funding Round
$1 M (USD), Angel Round
Feb 13, 2015
- Investors
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Employee Count
14
as on Apr 08, 2024
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Acquired by
Nykaa
(Mar 22, 2019)
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Funding Insights of Twenty Dresses
Twenty Dresses has successfully raised a total of $1M through 1 strategic funding round. The most recent funding activity was a Angel Round round of $1 million completed in February 2015. 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 Funding
- Total Rounds 1
- Last Round Angel Round — $1.0M
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First Round
First Round
(13 Feb 2015)
- Investors Count Investors Count
| Date | Amount | Transaction Name | Valuation | Lead Investors | Investors |
|---|---|---|---|---|---|
| Feb, 2015 | Amount | Angel Round - Twenty Dresses | Valuation |
investors |
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| Date | Amount | Transaction Name | Valuation | Lead Investors | Investors |
|---|---|---|---|---|---|
| Jul, 2021 | Amount | Post-IPO - Grab | Valuation |
investors |
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| Feb, 2021 | Amount | Post-IPO - Grab | Valuation |
investors |
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| Jan, 2021 | Amount | Post-IPO - Grab | Valuation |
investors |
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| Feb, 2021 | Amount | Post-IPO - Grab | Valuation |
investors |
Investors in Twenty Dresses
Twenty Dresses has secured backing from 1 investor, including institutional investors. Prominent investors backing the company include Nykaa. 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.
| Investor | Description | Founded Year | Domain | Location |
|---|---|---|---|---|
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Cosmetics, skincare, haircare, and wellness products are retailed online.
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Founded Year | Domain | Location |
| Investor | Description | Founded Year | Domain | Location |
|---|---|---|---|---|
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Single family office of Amitabh Bachchan, founder of Amitabh Bachchan Corporation or AB CORP
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Founded Year | Domain | Location | |
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Startup ecosystems are ignited through strategic investments by Signite Partners.
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Founded Year | Domain | Location | |
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Venture capital is directed toward companies in multiple sectors.
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Founded Year | Domain | Location | |
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Venture capital is invested in cybersecurity, fintech, and AI startups.
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Founded Year | Domain | Location |
Investments & Acquisitions by Twenty Dresses
| Company Name | Description | Domain | Location | Founded Year | Amount |
|---|---|---|---|---|---|
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Bionic investment advisor platform
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2016 | ||||
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Fine Asian gourmet food is offered by an internet-first restaurant.
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2016 | ||||
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Physical e-commerce kiosks are deployed for rural purchases in Indonesia.
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2014 | ||||
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Fine Asian gourmet food is offered by an internet-first restaurant.
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2016 |
Financial Statements - Twenty Dresses
| Date | Amount | Transaction Name | Valuation | Lead Investors | Investors |
|---|---|---|---|---|---|
| Jul, 2021 | Amount | Post-IPO - Grab | Valuation |
investors |
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| Feb, 2021 | Amount | Post-IPO - Grab | Valuation |
investors |
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| Jan, 2021 | Amount | Post-IPO - Grab | Valuation |
investors |
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| Feb, 2021 | Amount | Post-IPO - Grab | Valuation |
investors |
Twenty Dresses Comparisons
Competitors of Twenty Dresses
Twenty Dresses 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 Culture Circle, SoleSearch, Exclusively, Elitify and Shuffling Suitcases, 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.
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| domain | founded_year | HQ Location |
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Multi-category used fashion products are offered via an online marketplace.
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Indian luxury fashion products are retailed via an online marketplace.
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Online store for international premium and luxury brands
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Manages an e-commerce store offering multi-category sustainable products.
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| Company Name | Domain | Founded year | HQ Location | Description |
|---|---|---|---|---|
| domain | founded_year | HQ Location |
Multiple services are booked via an app-based platform.
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| domain | founded_year | HQ Location |
On-demand services are booked through an app-based platform.
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| domain | founded_year | HQ Location |
App based platform offering on demand delivery and ride-hailing services
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| domain | founded_year | HQ Location |
Operates an on-demand hyperlocal delivery app for food and groceries.
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Frequently Asked Questions about Twenty Dresses
When was Twenty Dresses founded?
Twenty Dresses was founded in 2012 and raised its 1st funding round 3 years after it was founded.
Where is Twenty Dresses located?
Twenty Dresses is headquartered in Mumbai, India. It is registered at Mumbai, Maharashtra, India.
Is Twenty Dresses a funded company?
Twenty Dresses is a funded company, having raised a total of $1M across 1 funding round to date. The company's 1st funding round was a Angel Round of $1M, raised on Feb 13, 2015.
How many employees does Twenty Dresses have?
As of Apr 08, 2024, the latest employee count at Twenty Dresses is 14.
What is the annual revenue of Twenty Dresses?
Annual revenue of Twenty Dresses is $1.84M as on Mar 31, 2022.
What does Twenty Dresses do?
The company was founded in 2012 in Mumbai, India, and operates in the online retail sector focused on womens fashion. Apparel and accessories, including clothing, shoes, handbags, jewelry, belts, clutches, loafers, sunglasses, and related items, are offered through an e-commerce platform. A mobile application is provided to support shopping on Android and iOS devices.
Who are the top competitors of Twenty Dresses?
Twenty Dresses's top competitors include Culture Circle, Exclusively and SoleSearch.
Who are Twenty Dresses's investors?
Twenty Dresses has 1 investor. Key investors include Nykaa.