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Manyavar - About the company

Manyavar is an unfunded company based in Kolkata (India), founded in 1999 by Ravi Modi, , and Ajay Modi. It operates as a Brand of ethnic wear for men, women, and kids. Manyavar has not raised any funding yet, with a current valuation of ₹4,300°ä°ù. The company has 105 active competitors, including 4 funded and 3 that have exited. Its top competitors include companies like Aza Fashions, Fabindia and Indya.

Company Details

Brand of ethnic wear for men, women, and kids. It offers a wide range of ethnic wear, including sherwanis, kurtas, indo-western attire, Nehru jackets, Brooch, Dupatta, Shawl, Sarees, Suits, Gowns, Lehengas, and other accessories.
Website
Social
Email ID
@manyavar.com
Phone Number
+91
Key Metrics
Founded Year
1999
Location
Kolkata, India
Stage
Unfunded
Post Money Valuation
as on Aug 24, 2017
Ranked
9th among
Employee Count
as on Feb 28, 2025
Similar Companies

Legal entities associated with Manyavar

Manyavar is associated with 3 legal entities given below:
Legal Entity Name
Date of incorporation
Revenue
Net Profit
Employee Count
Mar 09, 2017
$6.89M (as on Mar 31, 2022)
505
618
Dec 15, 2015
NaN (as on Mar 31, 2022)
553
299
May 23, 2002
$174M (as on Mar 31, 2024)
734
945

Manyavar's funding and investors

Manyavar has not raised any funding rounds yet.

Manyavar's valuation details

Manyavar is valued at $672M as per the latest available filings. Here is Manyavar's valuation trend over time:
Employee count trend for Manyavar
Date
Valuation
Aug 17
$672M
Mar 10
851
Mar 09
560
Mar 07
638
Sep 06
167
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Manyavar's founders and board of directors

The founders of Manyavar are Ravi Modi, , and Ajay Modi. Ravi Modi has founded 2 more companies - and Vedant Fashions.
Manyavar's board has 6 active members. Sunish Sharma, Ravi Modi, , Ajay Modi, and Sanjeev Aga are part of team.

Manyavar's employee count trend

Manyavar has 579 employees as of Feb 25. The total employee count is 3.2% lower than what it was in Feb 24. Here is Manyavar's employee count trend over the years:
Employee count trend for Manyavar
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Manyavar's Competitors and alternates

Top competitors of Manyavar include Aza Fashions, Fabindia and Indya. Here is the list of Top 10 competitors of Manyavar, ranked by ÃØÃÜÑо¿Ëù score :
Overall Rank
Company Details
Short Description
Total Funding
Investors
ÃØÃÜÑо¿Ëù Score
1st
Logo for Aza Fashions
Aza Fashions
2005, Mumbai (India), Series A
Retail chain for luxury and designer apparel and accessories
$7.07M
The Alka Family Trust, Ìý&²¹³¾±è;Ìý
70/100
2nd
Logo for Fabindia
Fabindia
1960, Delhi (India), Late Stage
Internet first brand of ethnic wear, home furniture, and home decor products
$57.2M
L Catterton, Osmium GlobalÌý&²¹³¾±è;Ìý
65/100
3rd
Logo for Indya
Indya
2016, Noida (India), Funding Raised
Multi channel fashion brand offering a range of traditional and contemporary ethnic wear
-
63/100
4th
Logo for Vedant Fashions
Vedant Fashions
2002, Kolkata (India), Public
Brand of wedding and celebration wear
$42M
Kedaara, Ravi Modi Family TrustÌý&²¹³¾±è;Ìý
54/100
5th
Logo for Neerus Ensembles
Neerus Ensembles
1971, Hyderabad (India), Unfunded
Private label brand of Indian ethnic wear
-
-
52/100
6th
Logo for KALKI
KALKI
2007, Mumbai (India), Funding Raised
Retail chain of Indian ethnic wear for women, men, and children
-
-
51/100
7th
Logo for Tarun Tahiliani
Tarun Tahiliani
1995, Gurugram (India), Series A
Internet first brand offering ethnic wear apparel for women and men
$9.24M
40/100
8th
Logo for Anokhi
Anokhi
1973, Jaipur (India), Unfunded
Manufacturer and retailer of ethnic apparels involving rural artisans.
-
-
40/100
9th
Logo for Manyavar
1999, Kolkata (India), Unfunded
Brand of ethnic wear for men, women, and kids
-
-
38/100
10th
Logo for Solino
Solino
1995, Vasai-Virar (India), Unfunded
Brand of ethnic wear for men and women
-
-
37/100
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Looking for more details on Manyavar's competitors? Click to see the top ones

Manyavar's Investments and acquisitions

Manyavar has made no investments or acquisitions yet.

Reports related to Manyavar

Here is the latest report on Manyavar's sector:
View

News related to Manyavar

Media has covered Manyavar for a total of 2 events in the last 1 year, 2 of them have been about company updates.
•
Fashion Network•Jan 03, 2025•Manyavar
•
Khaleej Times•Jul 21, 2024•Manyavar
•
Fashion Network•Oct 23, 2023•Manyavar
•
Business Standard•May 17, 2023•Vedant Fashions, Manyavar
•
Adgully•Mar 13, 2023•Mirum India, Wunderman Thompson, Manyavar
•
Adgully•Jul 13, 2022•Manyavar,
•
Livemint•Feb 08, 2022•Vedant Fashions, AXIS Capital, Edelweiss, ICICI Securities and 3 others
•
Indiatimes•Jan 24, 2022•Vedant Fashions, , Axis Capital, Edelweiss and 5 others
•
Deccan Herald•Oct 25, 2021•Manyavar,
•
Fashion Network•Sep 13, 2021•Vedant Fashions, Manyavar, Kedaara
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Frequently asked questions about Manyavar

When was Manyavar founded?
Manyavar was founded in 1999.
Where is Manyavar located?
Manyavar is located in Kolkata, India.
How much is Manyavar worth?
The latest valuation of Manyavar is ₹4,300°ä°ù as on Aug 24, 2017.
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