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Men's Clothing Company Investment Opportunity in Ahmedabad, India

D2C brand that has served over 2L+ customers Pan-India and shipped products to 10k+ pincodes.
This Business is on a Premium Plan
Established 1-5 year(s)
Employees 10 - 50
Legal Entity Private Limited Company
Reported Sales USD 1.2 million
Run Rate Sales USD 1.4 million
EBITDA Margin Nil
Industries Men's Clothing + 1 more
Locations  Ahmedabad
Local Time 1:52 AM Asia / Kolkata
Listed By Advisor / Business Broker
Status Active
Overall Rating
Partial Stake Sale
USD 600 thousand for 10.0% stake (Native Currency: INR 50,000,000)
Reason: We are aiming to build Jockey 2.0 from India for the youth. We intend to be present across all onlin... View More
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Business Overview

- Sustainable D2C innerwear & loungewear brand packed with proprietary designs & strong fabric tech to enable products designed for Millennials & GenZ.

Business highlights.

- INR 15 cr ARR, grew 2.5x in last 12 months.

- 68% gross margins.

- Over 2L+ customers served Pan-India. They have shipped products to over 10,000+ pin codes across India.

- 85% of business from D2C-owned website, owning first-party customer data and the rest 15% through offline channels.

- Over 150+ SKUs for women & men.

- Strong brand recall across men & women, 50:50 order split between genders.

- Strong R&D on fabric & textile tech with the Founder's background in Textiles & team has a total of 15+ years of experience in the apparel supply chain.

- Featured on Shark Tank India season 1, having the highest video views for any Shark Tank company in India.

- Backed by institutional solid Investors such as Beenext Asia Fund, Fluid Ventures, and Aman Gupta to name a few.

- In 3 years, the business has grown from INR 70L in FY1 to INR 10 cr+ business in FY3.

- Business has tie-ups with multiple 3rd party manufacturers.

- Have not generated any profits as the business is in the cash burn phase looking to develop a solid brand.

Products & Services Overview

D2C innerwear brand for Millenials and GenZ of both genders.

Assets Overview

Currently company does not own any assests.

Facilities Overview

No physical office is available. Employees are working remotely.

Capitalization Overview

Currently, there are around 15 people on the cap table. The company has raised around INR 5.5 cr in total funding from institutional investors & angels in the past.

Recent Activity
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Disclaimer: SMERGERS is a regulated marketplace for connecting business sell sides with investors, buyers, lenders and advisors. Neither SMERGERS represents nor guarantees that the information mentioned above is complete or correct.
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