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Styched - About the company

Styched is a seed company based in Bengaluru (India), founded in 2019 by Soumajit Bhowmik and Durga D. It operates as an Internet-first brand offering multi-category fashion products for men and women. Styched has raised $925K in funding from Orbit Startups, with a current valuation of ₹17.3°ä°ù. The company has 742 active competitors, including 32 funded and 19 that have exited. Its top competitors include companies like Bewakoof, Hopscotch and The Souled Store.

Company Details

Internet-first brand offering multi-category fashion products for men and women. The product catalog includes casual wear, ethnic wear, sportswear, merchandise apparel, bottom wear, jackets, sweaters, and accessories like footwear, handbags, and more.
Website
Social
Email ID
@styched.in
Phone Number
+91
Key Metrics
Founded Year
2019
Location
Bengaluru, India
Stage
Seed
Total Funding
in 4 rounds
Latest Funding Round
Post Money Valuation
as on Apr 13, 2022
Investors
Ranked
5th among
Annual Revenue
as on Mar 31, 2023
Similar Companies

Legal entities associated with Styched

Styched is associated with 3 legal entities given below:
Legal Entity Name
Date of incorporation
Revenue
Net Profit
Employee Count
Nov 17, 2023
-
872
243
Nov 12, 2022
-
756
385
Oct 09, 2018
$1.44M (as on Mar 31, 2023)
838
455
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Styched's funding and investors

Styched has raised a total funding of $925K over 4 rounds. Its first funding round was on Oct 09, 2019. Its latest funding round was a Seed round on Mar 22, 2022 for $255K. 5 investors participated in its latest round, lead by .

Styched has 10 institutional investors including Orbit Startups, and . There are 65 Angel Investors in Styched.

Here is the list of recent funding rounds of Styched:
Date of funding
Funding Amount
Round Name
Post money valuation
Revenue multiple
Investors
Mar 22, 2022
$255K
Seed
1555857
6772506
Feb 21, 2022
Undisclosed
Seed
1717068
8009337
Nov 10, 2020
$568K
Angel
7403043
7946379
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Styched's founders and board of directors

The founders of Styched are Soumajit Bhowmik and Durga D. Soumajit Bhowmik is the CEO of Styched. Soumajit Bhowmik has founded 1 more company - Fundora's Box.
Styched's board has 1 active member. Soumajit Bhowmik is part of team.

Styched's Competitors and alternates

Top competitors of Styched include Bewakoof, Hopscotch and The Souled Store. Here is the list of Top 10 competitors of Styched, ranked by ÃØÃÜÑо¿Ëù score :
Overall Rank
Company Details
Short Description
Total Funding
Investors
ÃØÃÜÑо¿Ëù Score
1st
Logo for Bewakoof
Bewakoof
2011, Mumbai (India), Acquired
Internet-first brand of multi-category fashion products
$39.5M
Investcorp, Anicut CapitalÌý&²¹³¾±è;Ìý
68/100
2nd
Logo for Hopscotch
Hopscotch
2012, Mumbai (India), Series D
Internet first brand offering apparel for kids
$71M
360 One, IIFL FinanceÌý&²¹³¾±è;Ìý
68/100
3rd
Logo for The Souled Store
The Souled Store
2013, Mumbai (India), Series C
Online licensed merchandise platform offering multi-category products
$29.7M
Elevation Capital, Ìý&²¹³¾±è;Ìý
66/100
4th
Logo for The House Of Rare
The House Of Rare
2007, Bengaluru (India), Unfunded
Online platform selling apparel products such as trousers, jeans, shorts, and shoes
-
-
66/100
5th
Logo for Styched
2019, Bengaluru (India), Seed
Internet-first brand offering multi-category fashion products for men and women
$925K
Agile Angel, SOSVÌý&²¹³¾±è;Ìý
65/100
6th
Logo for Nicobar
Nicobar
2015, Delhi (India), Unfunded
Private label fashion and lifestyle brand
-
-
60/100
7th
Logo for Max Fashion
Max Fashion
2006, Bengaluru (India), Funding Raised
Internet first brand of clothing, footwear, and accessories for women, men, and kids
-
56/100
8th
Logo for Be Young
Be Young
2017, Udaipur (India), Series A
Internet first brand offering multi-category casual apparel for men and women
$4.89M
56/100
9th
Logo for NNNOW
NNNOW
2016, Bengaluru (India), Unfunded
Internet-first brand offering casual and formal apparel wear for men and women
-
-
54/100
10th
Logo for Ketch
Ketch
2010, Bengaluru (India), Series A
Online retailer of men's and women's apparel and ethnic wear
$18.9M
FK Myntra HoldingsÌý&²¹³¾±è;Ìý
52/100
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Styched's Latest cap tables and shareholding

Founders (largest shareholder) own 67.53%, Enterprises own 8.60%, Angels own 14.19% and Other People own 0.80%. The net worth of Styched's founders is INR 11.7Cr as of Apr 13, 2022.
Shareholders Name
Post Round Holding %
Net worth
Cumulative investment
Realised returns
Unrealised returns
Return multiple
Founder
67.53%
11.7Cr
2175128
7919764
3271106
8048238
5251477
3253447
7484521
7634531
8287401
6577311
85017
55320
36080
44177
44638
13868
Enterprise
8.60%
1.49Cr
2581735
7332736
7371040
5598542
Angel
14.19%
2.45Cr
1897599
9831074
3273754
1348382
6
3
7
2
5
6
4
6
4
6
4
7
0
0
0
0
0
0
0
0
0
0
0
0
Other People
0.80%
13.8L
0
0
0
0
ESOP Pool
8.91%
1.54Cr
8278065
7006912
2597214
4004573
Total
100.00%
17.3Cr
4625968
7342868
4825281
2852393
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Notes: The column Net Worth represents the net worth of investments made by that entity, as per the latest cap table.
Disclaimer
View more details of Styched's Shareholding

Styched's Investments and acquisitions

Styched has made no investments or acquisitions yet.

Reports related to Styched

Here is the latest report on Styched's sector:
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News related to Styched

Media has covered Styched for 1 event in last 1 year, It was about company updates.
•
Arabian Business•May 16, 2024•Styched
•
GCC Business News•Nov 03, 2023•, Styched, ,
•
Entrackr•Sep 28, 2023•Styched, Zymrat
•
VCCircle•Sep 28, 2023•Styched, Zymrat
•
Inc42•Sep 28, 2023•Styched, Zymrat
•
e27•Sep 22, 2023•CrossFund, Vulcan, Lipa Later, Styched and 7 others
•
ApparelResources•Jul 17, 2023•Styched, Flatheads
•
PRWeb•May 06, 2022•, , Styched
•
YourStory•Jan 24, 2022•Styched
•
Asian News International•May 20, 2021•Styched
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