Back
vishakha Jangir
•
Set2Score • 9m
𝗡𝗼𝗯𝗼𝗱𝘆 𝗲𝘃𝗲𝗿 𝘁𝗵𝗼𝘂𝗴𝗵𝘁 𝘁𝘄𝗶𝗰𝗲 𝗮𝗯𝗼𝘂𝘁 𝘁𝗵𝗲𝗶𝗿 𝗶𝗻𝗻𝗲𝗿𝘄𝗲𝗮𝗿 - 𝘂𝗻𝘁𝗶𝗹 𝗫𝗬𝗫𝗫 𝗔𝗽𝗽𝗮𝗿𝗲𝗹𝘀 𝗰𝗮𝗺𝗲 𝗮𝗹𝗼𝗻𝗴 !! Founded by Yogesh Kabra in December 2017 in Surat, Gujarat. Yogesh holds an MBA from Hult International Business School, Boston. Identified a gap in the men's innerwear market in India. Aims to revolutionize innerwear using fabrics like modal and bamboo. Offers products such as briefs, trunks, vests, t-shirts, pyjamas, and boxers. Targets millennial and Gen Z men looking for premium comfort and style. Sells online via its website, Amazon, Flipkart, and Myntra. Present in over 22,000 general trade stores; aims for 30,000 by FY25. Operates 5 exclusive brand outlets (EBOs); plans to expand to 15–20 by FY25. Achieved ₹110 crore revenue in FY23; targets ₹240 crore for the current year. Recently expanded into the athleisure category. Focusing on Tier 1 and 2 cities like Indore and Surat. Uses an omnichannel distribution strategy (online + offline). Revenue split: 50% online, 48% general trade, 2% modern trade. Regional revenue split: 35% North, 30% South, 25% West, 10% East. Raised ₹135 crore (~$16.9 million) in funding. Investors include Amazon Smbhav Venture Fund, Sauce.vc, DSG Consumer Partners, Singularity Growth, and Trifecta Capital. FY24 operating revenue: ₹128 crore (24.15% growth from FY23). FY24 net loss: ₹35.4 crore (21.16% reduction from FY23 Follow vishakha Jangir for more such insights.
More like this
Recommendations from Medial
Ashish Singh
Finding my self 😶�... • 1y
🤯Founders with Highest salary in India. --⭐Supam Maheshwari (FirstCry) received an annual salary of ₹103.8 crore in FY24. This marks a significant decrease from his ₹200.7 crore salary in FY23. --⭐Nithin Kamath (Zerodha) Co-founder of the broker
See More
Ashish Singh
Finding my self 😶�... • 1y
🫡This is business . Drishti IAS Institute achieved revenue of over ₹400 crore in FY24, with profits reaching ₹90 crore🤯. The company's revenue has grown significantly over the past four years: -- ₹40 crore in FY21, -- ₹119 crore in FY22, --
See More
Account Deleted
Hey I am on Medial • 1y
The Year of Indian Startups' IPOs Series : 1. Groww -> • Groww is planning an IPO to raise approximately ₹6,000 crore, aiming for a valuation between $6 billion and $8 billion. • In FY24, Groww reported ₹3,145 crore in revenue from operations, do
See More
Account Deleted
Hey I am on Medial • 1y
SolarSquare’s Losses Surge Despite Revenue Growth in FY24 Rooftop solar provider SolarSquare saw a 63.5% YoY revenue growth in FY24, reaching ₹175 crore. However, its losses jumped 2.3X to ₹69 crore due to rising costs. Revenue from operations grew
See More
/entrackr/media/post_attachments/wp-content/uploads/2021/08/Accel-1.jpg)
Download the medial app to read full posts, comements and news.