Vedant Fashions - About the company
Vedant Fashions is a public company based in Kolkata (India), founded in 2002 by Ravi Modi. It operates as a Brand of wedding and celebration wear. Vedant Fashions has raised $42M in funding from investors like Kedaara, Agni Transport and . The company has 107 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 wedding and celebration wear. Its product includes indo-western, sherwanis, kurtas, jackets, and accessories. It also trades and sells readymade ethnic wear for men, women, and kids primarily in India.
- Website
- Email ID
- @vedantfashions.com
- Phone Number
- +91
Key Metrics
Founded Year
2002
Location
Kolkata, India
Stage
Public
Total Funding
in 7 rounds
Latest Funding Round
Investors
Ranked
5th among
Employee Count
as on Jan 31, 2025
Similar Companies
Exit Details
Public
Legal entities associated with Vedant Fashions
Vedant Fashions is associated with 2 legal entities given below:
Legal Entity Name | Date of incorporation | Revenue | Net Profit | Employee Count |
|---|---|---|---|---|
- | 344 | 573 | ||
May 23, 2002 | - | 227 | 776 |
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Vedant Fashions's funding and investors
Vedant Fashions has raised a total funding of $42M over 7 rounds. Its first funding round was on Sep 14, 2006. Its latest funding round was a Angel round on Oct 16, 2021 for $602K. 11 investors participated in its latest round, which includes , Ravi Modi Family Trust, Agni Transport and Rhineholdings.
Vedant Fashions has 35 institutional investors including Kedaara, Agni Transport and . is the largest institutional investor in Vedant Fashions. There are 61 Angel Investors in Vedant Fashions.
Here is the list of recent funding rounds of Vedant Fashions:
Date of funding | Funding Amount | Round Name | Post money valuation | Revenue multiple | Investors |
|---|---|---|---|---|---|
Oct 16, 2021 | $602K | Angel | 7851561 | 5824123 | Ajay Modi, Amar Sethia, and |
Aug 25, 2017 | $35.1M | Series A | 4190651 | 6084983 | |
Mar 30, 2011 | $1.98M | Seed | 8743421 | 4414776 |
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Vedant Fashions's founders and board of directors
The founders of Vedant Fashions is Ravi Modi. Ravi Modi has founded 2 more companies - and Manyavar.
Vedant Fashions's board has 4 active members. Sunish Sharma, and are part of team and Sanjeev Aga is independent board member.
View details of Vedant Fashions's Founder profiles and Board Members
Vedant Fashions's employee count trend
Vedant Fashions has 1,156 employees as of Jan 25. The total employee count is 3.5% lower than what it was in Jan 24. Here is Vedant Fashions's employee count trend over the years:
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Top competitors of Vedant Fashions include Aza Fashions, Fabindia and Indya. Here is the list of Top 10 competitors of Vedant Fashions, ranked by 秘密研究所 score :
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Overall Rank | Company Details | Short Description | Total Funding | Investors | 秘密研究所 Score |
|---|---|---|---|---|---|
1st | Aza Fashions 2005, Mumbai (India), Series A | Retail chain for luxury and designer apparel and accessories | $7.07M | Techpro Engineers, Justsoftware.com听&补尘辫;听 | 69/100 |
2nd | Internet first brand of ethnic wear, home furniture, and home decor products | $57.2M | Trayi, Wolfensohn Capital Partners听&补尘辫;听 | 63/100 | |
3rd | Multi channel fashion brand offering a range of traditional and contemporary ethnic wear | - | 56/100 | ||
4th | Retail chain of Indian ethnic wear for women, men, and children | - | , 听&补尘辫;听 | 53/100 | |
5th |  Vedant Fashions 2002, Kolkata (India), Public | Brand of wedding and celebration wear | $42M | , Ravi Modi Family Trust听&补尘辫;听 | 52/100 |
6th | Neerus Ensembles 1971, Hyderabad (India), Unfunded | Private label brand of Indian ethnic wear | - | - | 51/100 |
7th | Manufacturer and retailer of ethnic apparels involving rural artisans. | - | - | 39/100 | |
8th | Brand of ethnic wear for men, women, and kids | - | - | 38/100 | |
9th |  Tarun Tahiliani 1995, Gurugram (India), Series A | Internet first brand offering ethnic wear apparel for women and men | $9.24M | 37/100 | |
10th | Brand of ethnic wear for men and women | - | - | 37/100 |
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Vedant Fashions's Latest cap tables and shareholding
Founders own 17.61%, Funds (largest shareholder) own 74.06%, Enterprises own 7.11% and Angels own 0.22%. The net worth of Vedant Fashions's founders is INR 380Cr as of Oct 16, 2021.
Shareholders Name | Post Round Holding % | Net worth | Cumulative investment | Realised returns | Unrealised returns | Return multiple |
|---|---|---|---|---|---|---|
Founder | 17.61% | 380Cr | 8415617 | 6480352 | 3557547 | 6951920 |
9871009 | 7945022 | 3323497 | 8148749 | 5325641 | 7111319 | |
Fund | 74.06% | 1,600Cr | 6867121 | 3535243 | 5888563 | 7947490 |
0 | 0 | 0 | 0 | 0 | 0 | |
Enterprise | 7.11% | 154Cr | 2041261 | 8871681 | 1710995 | 7435099 |
Angel | 0.22% | 4.52Cr | 0 | 0 | 0 | 0 |
0 | 0 | 0 | 0 | 0 | 0 | |
0 | 0 | 0 | 0 | 0 | 0 | |
ESOP Pool | 1.00% | 21.5Cr | 4 | 8 | 6 | 1 |
Total | 100.00% | 2,160Cr | 9032052 | 8769641 | 2336899 | 9789459 |
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DisclaimerView more details of Vedant Fashions's Shareholding
Vedant Fashions's Investments and acquisitions
Vedant Fashions has made no investments or acquisitions yet.
Reports related to Vedant Fashions
Here is the latest report on Vedant Fashions's sector:
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News related to Vedant Fashions
Media has covered Vedant Fashions for a total of 6 events in the last 1 year, 3 of them have been about company updates.
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Fashion Network鈥�Feb 03, 2025鈥�Vedant Fashions
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Get curated news about company updates, funding rounds, M&A deals and others. Sign up today!Frequently asked questions about Vedant Fashions
When was Vedant Fashions founded?
Vedant Fashions was founded in 2002.Where is Vedant Fashions located?
Vedant Fashions is located in Kolkata, India.When was the latest funding round of Vedant Fashions?
Vedant Fashions's latest funding round was on Oct 16, 2021.Our Lite Plan Awaits you - Its Free!
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