8.8 / 10
 Mumbai

India’s first sustainable fashion brand using plant-based materials with an omnichannel presence & 50k+ customers.

Key Business Facts
Yearly Sales USD 360 thousand
EBIDTA Margin Nil
Industries Apparel Stores
Locations  Mumbai
Business Overview
At the company the belief is that business success must harmonize with environmental and social responsibility. The vision is not just to create products; but it's about crafting a legacy—a legacy of sustainability, innovation, and positive change.
The company has been a pioneer in India’s sustainable growth story since 2018. They have proudly contributed to India’s inclusive growth story and circular economy.
· 1st brand in India to use plant-based leather alternatives since 2018.
· 1st multi-category sustainable & craft-based fashion brand.
Key business highlights:
· Innovative vegan materials: 1st Brand to use plant-based leather alternatives such as Piñatex, Apple leather, Cactus leather, SI leather and many more innovative materials.
·Promoting Indian crafts: They promote and use traditional Indian crafts such as Kalamkari, Lambani, Mirzapuri, Shibori, Jaipuri, Chikankari, Bagru, Kutch etc.
· Impact-driven: They now work with 100+ artisans directly contributing to sustaining their crafts and livelihoods.
· Large addressable markets: The company's AOV ranges between INR 2,500 to 3,000.
· Omnichannel brand: They have opened their flagship premium store at a huge mall in Pune tapping into the offline market. 2 new stores in Mumbai and Bangalore planned in this FY.
· Proven product market fit: They have proudly crossed 50K + customers and is growing. They have expanded their product portfolio from one category (bags) to 4 categories (bags, men & women clothing and footwear) making it an end-to-end fashion brand.
· High margins: They have maintained consistent high gross margins (60% +) and have grown 4x in revenues in just 2 years.
· Path to profitability: Their cash burns have nearly come down to almost NIL and will turn profitable within 2 months.
Products & Services Overview
India’s first sustainable multi-category fashion brand to introduce innovative plant-based alternatives to leather. What makes the business unique is the fusion of Indian crafts with plant-based materials like Pinatex, cactus leather, texon, hemp & many more. Products give the customers the power to make an impact:
- Cruelty-free product.
- Supporting artisan livelihood.
- Sustaining Indian crafts.
- Elevated experience.
- Ethical sourcing.
- Crafts directly from artisans.
- Sustainable materials from the world over.
- Responsible design: - Every detail of the product is thought of with sustainability in mind.
- Fair manufacturing.
- Supporting livelihoods by engaging artisans directly.
- Fair pricing.
Capitalization Overview
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Assets Overview
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Partial Stake Sale
USD 160 thousand for 4.0% stake (Native Currency: INR 13,000,000)
Reason: Funds will be used in 4 stages: - Phase 1 - 0 to 6 months. D2C - pan India. D2C – International (... View More
Includes physical assets worth USD 12 thousand
In talks with 3 Investors
Contact Business