About XSTOK
XSTOK is a Retail company based in Mumbai (India) founded in 2015 by Shilpa Sanjeev Khandelwal. Auction-based marketplace platform offering B2B textile. XSTOK has raised $1.93 million across 2 funding rounds from investors including Arvind Ltd, Keynote India and Oliphans Capital. The company has 1 employees. XSTOK was last valued at $6 million in March 2016. Its focus areas include B2B E-Commerce, Fashion, Raw Material and Marketplace. Its legal entity in India is Centerac Emarket Places Private Limited (U74999MH2015PTC261420). Its competitors include The Yarn Bazaar, Fibre2Fashion and Zoomtail; 3 of its 3 listed competitors have raised funding.
Company details
XSTOK was founded in 2015 in Mumbai, India, as an auction-based platform for B2B textile trading. Surplus products in fabric, denim, apparel, home textiles, and yarn are managed through end-to-end solutions connecting wholesale buyers and sellers. Operations are facilitated on an online portal, with mobile applications available for Android and iOS devices.
- Annual Revenue₹28,659
FY 2020 · -22% YoY
- Net Loss-₹31.8 Lakh
FY 2020 · -11087% margin
- EBITDA-₹4.3 Lakh
FY 2020 · -1496% margin
- Total Equity Funding$1.93M (USD)
in 2 rounds
- Latest Funding Round$1.48M (USD), Seed
Mar 2016
- InvestorsArvind Ltd.
& 12 more
- Employee Count1
Associated legal entities of XSTOK
XSTOK operates through Centerac Emarket Places Private Limited (strike off). Its filings, financials, charges and directors are on the company page.
| Legal entity | Status | Incorporated | Registered in | Revenue (FY 2020) | Employees | Directors | Company page |
|---|---|---|---|---|---|---|---|
| Centerac Emarket Places Private Limited CIN U74999MH2015PTC261420 | Strike Off | 28 Jan 2015 | Mumbai, Maharashtra | ₹0.0 Cr | 3 | View details |
Apps and channels of XSTOK
its YouTube channel Lazada Indonesia has 13.5K subscribers and 30 videos.
Videos from XSTOK
The most watched videos on XSTOK's YouTube channel, Lazada Indonesia (13.5K subscribers). Click a video to play it here.
More on Lazada Indonesia.
Funding Insights of XSTOK
XSTOK has successfully raised a total of $1.93M across 2 strategic funding rounds. The most recent funding activity was a Seed round of $1.48 million completed in March 2016. 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 $1.93M
- Total Rounds 2
- Last Round Seed — $1.48M
- First Round $451,647
(Sep 2015)
- Investors Count 13
All 2 funding rounds of XSTOK with amounts and investors; the two latest post-money valuations are shown, the rest are part of the premium plan.
| Date | Amount | Transaction Name | Valuation | Lead Investors | Investors |
|---|---|---|---|---|---|
| Mar 2016 | $1.48M | Seed | $6M | Arvind, Arvind | – |
| Sep 2015 | $451,647 | Seed | $3.43M | Manish Chokshi |
| Date | Valuation | Stage |
|---|---|---|
| Mar 2016 | $6M | •••••••• |
| Sep 2015 | $3.43M | •••••••• |
Last known valuation $6M (Mar 2016). 13 investors in total: 4 institutional and 9 angel.
Investors in XSTOK
XSTOK has secured backing from 13 investors, including institutional, angel, and venture fund investors. Prominent investors backing the company include Arvind Ltd, Keynote India and Oliphans Capital.
| Investor | Description | Founded Year | Domain | Location |
|---|---|---|---|---|
Investment in start-ups, growth capital, and debt financing for business ventures. | 2012 | oliphans.com | Mumbai, India | |
Textiles, apparel, and advanced materials are manufactured across sectors. | 1931 | arvind.com | Ahmedabad, India | |
Debt and M&A advisory services are offered across multiple sectors. | 1993 | keynoteindia.net | Mumbai, India | |
MC Manish Chokshi | unknown_bb9d6697da79461ea | |||
BS Balram Singh Yadav | unknown_bc059873f9da42fcb | |||
JS Jatin Shah | Angel investor, ex-entrepreneur, focused on early-stage Indian startups | unknown_6d7dcfe60a244be18 | ||
JK Jamil Khatri | unknown_76d1b67a748d483b9 | |||
RI Ravi Iyer | unknown_dca7d53876574ab6b | |||
JP Jeetu Panjabi | unknown_a5e0338d08b44a889 | |||
SN Suraj Nangalia | unknown_639963de43244344b |
Investor details for XSTOK
The complete investor list, round-by-round participation and investor portfolios require an active premium plan.
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Board of directors of Centerac Emarket Places Private Limited (XSTOK)
Centerac Emarket Places Private Limited is the primary company behind XSTOK. The board of Centerac Emarket Places Private Limited currently have 3 directors; the longest-serving is Sanjiv Jagdishchand Khandelwal, appointed in 2015. 3 earlier directors have ceased.
| Director | Designation | Appointed | Tenure | Entity |
|---|---|---|---|---|
| Sanjiv Jagdishchand Khandelwal DIN 00152508 | Director | 28 Jan 2015 | 11 yrs 9 mo | Centerac Emarket Places Private Limited |
| Mihir Dinesh Shah DIN 07159692 | Director | 29 Jun 2015 | 11 yrs 4 mo | Centerac Emarket Places Private Limited |
| Jayesh Kantilal Shah DIN 00008349 | Director | 28 Mar 2016 | 10 yrs 7 mo | Centerac Emarket Places Private Limited |
People of XSTOK
1 people are tracked at XSTOK (1 in leadership); the tracked headcount is 1.
| Name | Role | Group |
|---|---|---|
| Co-Founder | Leadership |
Complete people profiles for XSTOK
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Verified entity values are shown only after access is granted.
Financials of XSTOK
Figures of Centerac Emarket Places Private Limited, the primary company behind XSTOK, for FY 2020. Revenue was ₹28,659 (-22% year on year). Net loss was -₹31.8 Lakh (-11087% margin). EBITDA was -₹4.3 Lakh (-1496% margin). Revenue has grown at a compounded annual rate of -85% over three years.
- ₹28,659Revenue · FY 2020 · -22% YoY
- -₹31.8 LakhNet loss · -11087% margin
- -₹4.3 LakhEBITDA · -1496% margin
- ₹32.3 LakhPaid-up capital
- -85%Revenue CAGR, 3 years
Balance sheet, profit and loss, cash flow and ratios of Centerac Emarket Places Private Limited are on its company page.
Detailed financial statements for XSTOK
Statement rows, ratios, five-year trends and downloadable financials of the group companies require an active premium plan.
- Statement rows
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- Downloads
Verified entity values are shown only after access is granted.
Timeline of XSTOK
4 dated milestones of XSTOK across 1 years, from founding to its latest funding, stage changes and deals.
- Founded XSTOK is founded.
- Funding First funding round of $452K.
- Milestone Reaches Minicorn status.
- Funding Latest funding round, Seed, of $1.5M.
Competitors of XSTOK
XSTOK has 3 listed competitors in our database, 3 of them funded. They include The Yarn Bazaar, Fibre2Fashion and Zoomtail.
| Company Name | Domain | Founded | HQ Location | Total funding | Employees | Description |
|---|---|---|---|---|---|---|
| theyarnbazaar.com | 2017 | Bengaluru, India | $1.96M | 10 | Yarns are traded via an online B2B marketplace platform. | |
| fibre2fashion.com | 2000 | Ahmedabad, India | $836,500 | 124 | B2B marketplace for textile and fashion sourcing is operated. | |
| zoomtail.com | 2018 | Bengaluru, India | $1.6M | 8 | Manages a B2B digital marketplace for multi-category fashion products. |
Detailed competitors of XSTOK
The full competitor set, operating metrics and side-by-side benchmarks require an active premium plan.
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Web traffic of XSTOK
The website of XSTOK (xstok.com) receives about 1.2K visits a month.
- Monthly visits1.2K
Top companies in Fashion & Lifestyle E-Commerce
3 companies that operate in the same segment as XSTOK (Fashion & Lifestyle E-Commerce) in India, ranked by their profile score on The Company Check.
| Company | Description | Founded | Location | Total funding | Revenue | Employees |
|---|---|---|---|---|---|---|
Eyewear is offered online for men, women, and kids. | 2010 | Gurugram, Haryana, India | USD 1.04 B | USD 939.4 M | 18,984 | |
Fashion and lifestyle products are offered via an online marketplace. | 2007 | Bengaluru, Karnataka, India | USD 123.71 M | USD 639.15 M | 1,031 | |
Gold and silver jewellery, lab-grown diamonds, and accessories are retailed. | 2019 | Bengaluru, Karnataka, India | USD 144.58 M | USD 32.66 M | 711 |
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Related news about Xstok
Complete news archive for XSTOK
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Frequently Asked Questions about XSTOK
XSTOK was founded in 2015.
XSTOK is headquartered in Mumbai, India. It is registered at Mumbai, Maharashtra, India.
XSTOK is a funded company, having raised a total of $1.93M across 2 funding rounds to date. The company's 1st funding round was a Seed of $451.65K, raised on Sep 2015.
XSTOK has 1 employees.
The primary company behind XSTOK, Centerac Emarket Places Private Limited, reported revenue of ₹28,659 for FY 2020, down 22% year on year.
XSTOK was founded in 2015 in Mumbai, India, as an auction-based platform for B2B textile trading. Surplus products in fabric, denim, apparel, home textiles, and yarn are managed through end-to-end solutions connecting wholesale buyers and sellers. Operations are facilitated on an online portal, with mobile applications available for Android and iOS devices.
XSTOK's top competitors include Fibre2Fashion, Zoomtail and The Yarn Bazaar.
XSTOK has 13 investors. Key investors include Arvind Ltd, Keynote India, Oliphans Capital, Arvind, and Manish Chokshi.
The valuation of XSTOK is $6M as of Mar 2016.
XSTOK operates through Centerac Emarket Places Private Limited.
The legal entities of XSTOK currently have 3 directors, including Mihir Dinesh Shah, Jayesh Kantilal Shah, Sanjiv Jagdishchand Khandelwal.