About Zymrat
Zymrat is a company based in Bengaluru (India) founded in 2018 was acquired by Styched in September 2023.. Zymrat has raised $833.84 thousand across 3 funding rounds from investors including Styched, LetsVenture and Anicut Capital. Zymrat offers products and services including Training Tees, Sweatshirts, Shorts, Joggers, and Crop Tops. Zymrat operates in a competitive market with competitors including Technosport, BlissClub, Elevar Sports, Terractive and Hrx, among others.
- Headquarter Bengaluru, India
- Stage Minicorn
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Sectors
RetailMedia & Entertainment
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Email
***********
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Phone
*********
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Website
*********
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Social
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- Legal Name Zymrat Activewear Private Limited
- Date of Incorporation 15 Feb, 2018
- Jurisdiction Bangalore, Karnataka, India
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Annual Revenue
$213.89 K (USD)205.43as on Mar 31, 2022
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Net Profit
$-371.08 K (USD)-393.14as on Mar 31, 2022
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EBITDA
$-335.75 K (USD)-229.01as on Mar 31, 2022
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Total Equity Funding
$833.84 K (USD)
in 3 rounds
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Latest Funding Round
$500 K (USD), Seed
Jan 08, 2022
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Investors
Styched
& 23 more
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Employee Count
Employee Count
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Acquired by
Styched
(Sep 28, 2023)
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Products & Services of Zymrat
Zymrat offers a comprehensive portfolio of products and services, including Training Tees, Sweatshirts, Shorts, Joggers, and Crop Tops. 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.
Tees designed for workouts with odor-resistant fabrics
Comfortable sweatshirts for everyday and active wear
Performance shorts with cooling technology for fitness
Breathable joggers for running and training activities
Women's crop tops for active and casual use
Funding Insights of Zymrat
Zymrat has successfully raised a total of $833.84K across 3 strategic funding rounds. The most recent funding activity was a Seed round of $500 thousand completed in January 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 Funding
- Total Rounds 3
- Last Round Seed — $500,000
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First Round
First Round
(23 Aug 2018)
- Investors Count 23
| Date | Amount | Transaction Name | Valuation | Lead Investors | Investors |
|---|---|---|---|---|---|
| Jan, 2022 | Amount | Seed - Zymrat | Valuation | Dominor | |
| Oct, 2020 | Amount | Seed - Zymrat | Valuation | LetsVenture | |
| Aug, 2018 | Amount | Angel Round - Zymrat | Valuation | Sundaram Guru Shankar |
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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 Zymrat
Zymrat has secured backing from 24 investors, including venture fund, angel, and institutional investors. Prominent investors backing the company include Styched, LetsVenture and Anicut Capital. 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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Investment firm focusing on early stage, venture capital, and equities investments.
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Founded Year | Domain | Location | |
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Investment services in private credit, seed funds, growth equity, and late-stage equity for businesses in India.
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Founded Year | Domain | Location | |
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Asset management services are provided by Avalokiteshvar Valinv in India.
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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 Zymrat
| 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 - Zymrat
| 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 |
Zymrat Comparisons
Competitors of Zymrat
Zymrat 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 Technosport, BlissClub, Elevar Sports, Terractive and Hrx, 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 |
Online brand offering multi-category sports wear for men and women
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| domain | founded_year | HQ Location |
Sportswear for women is offered by an internet-first brand.
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| domain | founded_year | HQ Location |
Retailer of sneakers, sports shoes, flip-flops, slides, and sports apparel
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| domain | founded_year | HQ Location |
Designer and retailer of comfortable, versatile sportswear
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| domain | founded_year | HQ Location |
Internet first brand of fashion apparel wears for men and women
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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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Latest news on Zymrat
Frequently Asked Questions about Zymrat
When was Zymrat founded?
Zymrat was founded in 2018.
Where is Zymrat located?
Zymrat is headquartered in Bengaluru, India. It is registered at Bengaluru, Karnataka, India.
Is Zymrat a funded company?
Zymrat is a funded company, having raised a total of $833.84K across 3 funding rounds to date. The company's 1st funding round was a Angel Round of $28.6K, raised on Aug 23, 2018.
What is the annual revenue of Zymrat?
Annual revenue of Zymrat is $213.89K as on Mar 31, 2022.
What does Zymrat do?
Zymrat was founded in 2018 in Bengaluru, India, as an internet-first brand in the sportswear sector. A range of apparel, including vests, t-shirts, jackets, hoodies, and bottom wear, is provided for both men and women. Operations are conducted primarily through the online domain zymrat.com, focusing on direct-to-consumer sales in the apparel industry. The company targets activewear needs across genders in the Indian market.
Who are the top competitors of Zymrat?
Zymrat's top competitors include Technosport, BlissClub and Gokyo.
What products or services does Zymrat offer?
Zymrat offers Training Tees, Sweatshirts, Shorts, Joggers, and Crop Tops.
Who are Zymrat's investors?
Zymrat has 24 investors. Key investors include Styched, LetsVenture, Anicut Capital, Ladderup, and Dominor.
What is Zymrat's valuation?
The valuation of Zymrat is $2.92M as of Jan 2022.
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