Veirdo

Ahmedabad, India Founded: 2016 • Age: 10 yrs Acquired By TMRW
Internet first brand offering casual wear for men and women
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About Veirdo

Veirdo is a company based in Ahmedabad (India) founded in 2016 by Piyush Ganatra, Amardeep Jadeja, and Dhaval Ahir was acquired by TMRW in November 2022.. The company has 128 employees as of March 29, 2024. Veirdo offers products and services including Oversized T-Shirts, Hoodies, and Cargos. Veirdo operates in a competitive market with competitors including Hopscotch, Bewakoof, Styched, Max Fashion and Be Young, among others.

  • Headquarter Ahmedabad, India
  • Employees 128 as on 29 Mar, 2024
  • Founders Piyush Ganatra, Amardeep Jadeja, Dhaval Ahir
  • Sectors
    Retail
  • Email
    ***********
  • Phone
    *********
  • Website
    *********
  • Social
    *********
  • Legal Name Awesomefab Shopping Private Limited
  • Date of Incorporation 19 Oct, 2020
  • Jurisdiction Ahmedabad, Gujarat, India
Operational Areas
Retail → Fashion & Retail Innovation
Retail → Consumer & Fashion Retail
Key Metrics
  • Annual Revenue
    $4.63 M (USD)
    37.18
    as on Mar 31, 2023
  • Net Profit
    $-56.49 K (USD)
    -110.91
    as on Mar 31, 2023
  • EBITDA
    $-32.7 K (USD)
    -104.1
    as on Mar 31, 2023
  • Latest Funding Round
  • Investors
  • Employee Count
    128

    as on Mar 29, 2024

  • Acquired by
    TMRW

    (Nov 28, 2022)

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Products & Services of Veirdo

Veirdo offers a comprehensive portfolio of products and services, including Oversized T-Shirts, Hoodies, and Cargos. 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

Trendy oversized t-shirts for casual streetwear style

Comfortable hoodies for everyday casual use

Stylish cargo pants for versatile daily outfits

Funding Insights of Veirdo

Date Amount Transaction Name Valuation Lead Investors Investors
Jul, 2021 Amount Post-IPO - Grab Valuation

investors

Feb, 2021 Amount Post-IPO - Grab Valuation

investors

Jan, 2021 Amount Post-IPO - Grab Valuation

investors

Feb, 2021 Amount Post-IPO - Grab Valuation

investors

Investors in Veirdo

Veirdo has secured backing from 1 investor, including institutional investors. Prominent investors backing the company include TMRW. 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
Tech-enabled services for fashion businesses are provided through a platform.
Founded Year Domain Location
Investor Description Founded Year Domain Location
Single family office of Amitabh Bachchan, founder of Amitabh Bachchan Corporation or AB CORP
Founded Year Domain Location
Startup ecosystems are ignited through strategic investments by Signite Partners.
Founded Year Domain Location
Venture capital is directed toward companies in multiple sectors.
Founded Year Domain Location
Venture capital is invested in cybersecurity, fintech, and AI startups.
Founded Year Domain Location

Investments & Acquisitions by Veirdo

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

Financial Statements - Veirdo

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

Feb, 2021 Amount Post-IPO - Grab Valuation

investors

Jan, 2021 Amount Post-IPO - Grab Valuation

investors

Feb, 2021 Amount Post-IPO - Grab Valuation

investors

Veirdo Comparisons

Employees
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Competitors of Veirdo

Veirdo 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 Hopscotch, Bewakoof, Styched, Max Fashion and Be Young, 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
domain founded_year HQ Location
Apparel and accessories for children are provided online.
domain founded_year HQ Location
Multi-category fashion products are sold by an internet-first brand.
domain founded_year HQ Location
Multi-category fashion for men and women is offered online.
domain founded_year HQ Location
Internet first brand of clothing, footwear, and accessories for women, men, and kids
domain founded_year HQ Location
Everyday fashion apparel, accessories, and combo options are retailed.
domain founded_year HQ Location
Internet first brand offering apparel wear for women and men
Company Name Domain Founded year HQ Location Description
domain founded_year HQ Location
Multiple services are booked via an app-based platform.
domain founded_year HQ Location
On-demand services are booked through an app-based platform.
domain founded_year HQ Location
App based platform offering on demand delivery and ride-hailing services
domain founded_year HQ Location
Operates an on-demand hyperlocal delivery app for food and groceries.

Latest news on Veirdo

Frequently Asked Questions about Veirdo

When was Veirdo founded?

Veirdo was founded in 2016.

Where is Veirdo located?

Veirdo is headquartered in Ahmedabad, India. It is registered at Ahmedabad, Gujarat, India.

How many employees does Veirdo have?

As of Mar 29, 2024, the latest employee count at Veirdo is 128.

What is the annual revenue of Veirdo?

Annual revenue of Veirdo is $4.63M as on Mar 31, 2023.

What does Veirdo do?

Veirdo was founded in 2016 in Ahmedabad, India, as an internet-first brand in the apparel sector. Casual clothing options for men and women are provided via the domain veirdo.in, focusing on e-commerce operations. The company is led by co-founders Piyush Ganatra, Amardeep Jadeja, and Dhaval Ahir, with activities centered on direct-to-consumer sales in the Indian market.

Who are the top competitors of Veirdo?

Veirdo's top competitors include Hopscotch, Bewakoof and Styched.

What products or services does Veirdo offer?

Veirdo offers Oversized T-Shirts, Hoodies, and Cargos.

Who are Veirdo's investors?

Veirdo has 1 investor. Key investors include TMRW.

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