About Zapyle
Zapyle is a Retail company based in Bengaluru (India) founded in 2015 by Arjun Menda and Rashi Gulati Menda. Pre-owned luxury womens fashion is traded via an online marketplace. Zapyle has raised $1.19 million across 2 funding rounds. Its chief executive, as recorded, is Rashi Gulati Menda. Its Indian entity Noiets Internet Private Limited reported revenue of ₹46.8 Lakh. Its focus areas include Consumer, Fashion Tech, B2C Commerce and Multi Category. Its competitors include FreeUp, Elanic and ReThought; 3 of its 3 listed competitors have raised funding.
Company details
Zapyle is an online community marketplace for buyingselling of brand new and pre-owned luxury fashion apparel for women. Accepts products from an exclusive list of 1,200 domestic and international brands such as Prada, Louis Vuitton, Jimmy Choo, Tory Burch etc. Has a pricing algorithm which is based on the brand and age of the merchandise and its condition. Zapyle pickups the product after the order is placed and delivers it to the buyer. Charges a commission of 25 on each transaction. Has brought fashion bloggers, TV actresses, and models to list their fashion attire. As of March 2017, the company is clocking 550 orders per month with an average ticket size of INR 5,200. Raised USD 1M seed round from various individual investors. Also raised an undisclosed investment via a bridge round from existing investors in March 2017.
- Headquarters Bengaluru, India
- Founders Arjun Menda, Rashi Gulati Menda
- SectorsRetail
- Email••••••••
- Phone•••• ••••
- Website zapyle.com
- Social LinkedIn X Facebook
- Legal Name Noiets Internet Private Limited
- Date of Incorporation 06 May, 2015
- Jurisdiction Bangalore, Karnataka, India
- Annual Revenue₹46.8 Lakh
FY 2023 · -35% YoY
- Net Loss-₹2.3 Lakh
FY 2023 · -5% margin
- EBITDA-₹23.4 Lakh
FY 2023 · -50% margin
- Total Equity Funding$1.19M (USD)
in 2 rounds
- Latest Funding Round$185K (USD), Seed
Mar 2017
Associated legal entities of Zapyle
Zapyle operates through Noiets Internet Private Limited (active). Its filings, financials, charges and directors are on the company page.
| Legal entity | Status | Incorporated | Registered in | Revenue (FY 2023) | Employees | Directors | Company page |
|---|---|---|---|---|---|---|---|
| Noiets Internet Private Limited CIN U72200KA2015PTC080150 | Active | 06 May 2015 | Bangalore, Karnataka | ₹0.5 Cr | 2 | View details |
Funding Insights of Zapyle
Zapyle has successfully raised a total of $1.19M across 2 strategic funding rounds. The most recent funding activity was a Seed round of $185 thousand completed in March 2017. 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 $1.19M
- Total Rounds 2
- Last Round Seed — $185,000
- First Round $1M
(Sep 2015)
All 2 funding rounds of Zapyle 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 2017 | $185,000 | Seed | – | – | – |
| Sep 2015 | $1M | Seed | – | – | – |
Board of directors of Noiets Internet Private Limited (Zapyle)
Noiets Internet Private Limited is the primary company behind Zapyle. The board of Noiets Internet Private Limited currently have 2 directors; the longest-serving is Sidharth Raj Menda, appointed in 2015.
| Director | Designation | Appointed | Tenure | Entity |
|---|---|---|---|---|
| Sidharth Raj Menda DIN 07016294 | Director | 06 May 2015 | 11 yrs 6 mo | Noiets Internet Private Limited |
| Rashi Gulati DIN 07016297 | Director | 06 May 2015 | 11 yrs 6 mo | Noiets Internet Private Limited |
People of Zapyle
5 people are tracked at Zapyle (3 in leadership, 2 in team).
| Name | Role | Group |
|---|---|---|
Arjun Menda | Co-Founder | Leadership |
| Director | Leadership | |
Rashi Gulati Menda | Founder & CEO | Leadership |
Chandru VPS | Operations Manager | Team |
Anshula Bais | Associate marketing and design | Team |
Complete people profiles for Zapyle
Full employee and board profiles, team structure, tenure and professional contact details require an active premium plan.
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Verified entity values are shown only after access is granted.
Financials of Zapyle
Figures of Noiets Internet Private Limited, the primary company behind Zapyle, for FY 2023. Revenue was ₹46.8 Lakh (-35% year on year). Net loss was -₹2.3 Lakh (-5% margin). EBITDA was -₹23.4 Lakh (-50% margin). Revenue has grown at a compounded annual rate of +13% over three years and -10% over five years.
- ₹46.8 LakhRevenue · FY 2023 · -35% YoY
- -₹2.3 LakhNet loss · -5% margin
- -₹23.4 LakhEBITDA · -50% margin
- ₹92 LakhPaid-up capital
- +13%Revenue CAGR, 3 years
- -10%Revenue CAGR, 5 years
Balance sheet, profit and loss, cash flow and ratios of Noiets Internet Private Limited are on its company page.
Detailed financial statements for Zapyle
Statement rows, ratios, five-year trends and downloadable financials of the group companies require an active premium plan.
- Statement rows
- Financial ratios
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- Downloads
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Timeline of Zapyle
3 dated milestones of Zapyle across 2 years, from founding to its latest funding, stage changes and deals.
- Founded Zapyle is founded.
- Funding First funding round of $1.0M.
- Funding Latest funding round, Seed, of $185K.
Competitors of Zapyle
Zapyle has 3 listed competitors in our database, 3 of them funded. They include FreeUp, Elanic and ReThought.
| Company Name | Domain | Founded | HQ Location | Total funding | Employees | Description |
|---|---|---|---|---|---|---|
| freeup.app | 2019 | Bengaluru, India | $785,468 | 27 | Multi-category second-hand products are offered via an app-based marketplace. | |
| elanic.in | 2014 | Bengaluru, India | $1.89M | 11 | Mobile based P2P marketplace to buy and sell fashion products | |
| rethought.in | 2022 | Delhi, India | $160,000 | Online platform offering multi-category used fashion products |
Detailed competitors of Zapyle
The full competitor set, operating metrics and side-by-side benchmarks require an active premium plan.
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Top companies in Fashion & Lifestyle E-Commerce
3 companies that operate in the same segment as Zapyle (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 Zapyle
Complete news archive for Zapyle
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Frequently Asked Questions about Zapyle
Zapyle was founded in 2015.
Zapyle is headquartered in Bengaluru, India. It is registered at Bengaluru, Karnataka, India.
Rashi Gulati Menda is the CEO of Zapyle, as recorded in our data. They have also founded this company.
Zapyle is a funded company, having raised a total of $1.19M across 2 funding rounds to date. The company's 1st funding round was a Seed of $1M, raised on Sep 2015.
The primary company behind Zapyle, Noiets Internet Private Limited, reported revenue of ₹46.8 Lakh for FY 2023, down 35% year on year.
Zapyle is an online community marketplace for buyingselling of brand new and pre-owned luxury fashion apparel for women. Accepts products from an exclusive list of 1,200 domestic and international brands such as Prada, Louis Vuitton, Jimmy Choo, Tory Burch etc. Has a pricing algorithm which is based on the brand and age of the merchandise and its condition. Zapyle pickups the product after the order is placed and delivers it to the buyer. Charges a commission of 25 on each transaction. Has brought fashion bloggers, TV actresses, and models to list their fashion attire. As of March 2017, the company is clocking 550 orders per month with an average ticket size of INR 5,200. Raised USD 1M seed round from various individual investors. Also raised an undisclosed investment via a bridge round from existing investors in March 2017.
Zapyle operates through Noiets Internet Private Limited.
The legal entities of Zapyle currently have 2 directors, including Sidharth Raj Menda, Rashi Gulati.