When was Almo founded?

Almo was founded in 2019 and raised its 1st funding round 1 year after it was founded.

Where is Almo located?

Almo is headquartered in Gurugram, India. It is registered at A-701,Orchard Avenue, Sector 93,Hayatpur, Gurgaon, Gurugram, Haryana, India, 122505.

Which legal entities is Almo associated with?

Almo is associated with Almo Digital Private Limited.

How many employees does Almo have?

As of Jun 30, 2026, the latest employee count at Almo is 31.

Is Almo a funded company?

Almo is a funded company, having raised a total of $3.16M across 5 funding rounds to date. The company's 1st funding round was a $***** Seed round, raised on Nov 21, 2020.

How much is Almo worth?

The latest valuation of Almo is ₹***** as of Jun 09, 2022.

When was the latest funding round of Almo?

Almo's latest funding was a $***** Seed round on Jun 09, 2022, with participation from 0 investor. Its primary sector is Apparel Brands. In India, the Apparel Brands sector has seen $41.8M in funding in 2026 to date.

What is the annual revenue of Almo?

Annual revenue of Almo is less than ₹10 Cr as on Mar 31, 2025

Where does Almo rank among its competitors?

Almo ranks 3rd amongst 26 active competitors, of which 4 are funded. It stands 2nd in terms of total funding among its competitors. The most recent competitor to raise funding was Modern Crew, which secured $159K in Apr, 2023.

Who are the top competitors of Almo?

Almo's top competitors include Organic Basics, Freecultr and Modern Crew. Among them, Modern Crew secured the most recent funding round in April, 2023.

Almo - 2026 Company Profile, Team, Funding, Competitors & Financials

Almo is a seed company based in Gurugram (India), founded in 2019 by Muskaan Jain and Chhavi Bhardwaj Kargaonkar. It operates as an Internet first brand offering performance casual wear for men. Almo has raised $3.16M in funding from Wellfound and Inflection Point Ventures, with a current valuation of ₹*****. The company has 26 active competitors, including 4 funded and 3 that have exited. Its top competitors include companies like Organic Basics, Freecultr and Modern Crew.

Company Details

Internet first brand offering performance casual wear for men. The product catalog includes t-shirts, shorts, trunks, briefs, boxer briefs, vests, undershirts, etc. The company claims its products are made from performance fabric and have features like breathable, anti-microbial, etc.

Website: almowear.com
Social
Email ID: *****@almowear.com
Phone Number: +91 **********
Registered Address: A-701,Orchard Avenue, Sector 93,Hayatpur, Gurgaon, Gurugram, Haryana, India, 122505

Key Metrics

Founded Year

2019

Location

Gurugram, India

Stage

Seed

Total Funding

$3.16M in 5 rounds

Latest Funding Round

Seed, Jun 09, 2022, $*****

Post Money Valuation

₹***** as on Jun 09, 2022

Investors

Wellfound & 84 more

Ranked

3^rd among 26 active competitors

Annual Revenue

0 - ₹10 Cr as on Mar 31, 2025

Employee Count

31 as on Jun 30, 2026

Similar Companies

Modern Crew & 2 more

View Almo's full profile

Almo is associated with 1 legal entity given below:

Legal Entity Name	Date of Incorporation	Revenue	Latest Employee Count	Documents
Almo Digital Private Limited CIN: U17100HR2018PTC073091 , India, Active	Mar 16, 2018	0 - ₹10 Cr (As on Mar 31, 2025)	37 (As on Dec 31, 2024)

Almo has raised a total funding of $3.16M over 5 rounds. Its first funding round was on Nov 21, 2020. Almo has 13 institutional investors and 72 angel investors.

Here is the list of recent funding rounds of Almo:

Filter this list

Date of Funding	Funding Amount	Round Name	Post-Money Valuation	Revenue Multiple	Lead Investors	Other Investors
Jun 09, 2022	6507402	Seed	9708631	3024491	6036243	6188603
Mar 28, 2022	6443519	Seed	6776450	2097677	5031961	7238656
Jan 03, 2022	7716995	Seed	5280512	7565616	Inflection Point Ventures	LetsVenture & 53 more

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View details of Almo's funding rounds and investors

The founders of Almo are Muskaan Jain and Chhavi Bhardwaj Kargaonkar.

Here are the details of Almo's key team members:

Muskaan Jain: Former Co-Founder & Director of Almo and founder of 1 other company. They serve on the board of 1 company.
Chhavi Bhardwaj Kargaonkar: Former Co-Founder of Almo.

Almo's Board of Directors

Almo's board has 2 active members. Abhishek Shah and Muskaan Jain are part of team.

Here is the list of Almo's board of directors:

Name	Type	Representing	Status	Duration
mtlgefw	Team	-	Past	7y 8m
uuzxdhc	Team	-	Past	7y 2m
rgepoec	Team	-	Past	5y 4m
bygsxjb	Independent board member	-	Past	5y 2m
aufqjzj	Independent board member	-	Past	9y 1m

View details of Almo's Founder profiles and Board Members

Almo's employee count trend

Almo has 31 employees as of Jun 26. Here is Almo's employee count trend over the years:

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Top competitors of Almo include Organic Basics, Freecultr and Modern Crew. Here is the list of Top 10 competitors of Almo, ranked by Tracxn score:

Rank	Company Details	Short Description	Total Funding	Investors	Tracxn Score
1st	Organic Basics 2015, Copenhagen (Denmark), Acquired	Internet first brand offering innerwear for women and men	$2.91M	Fiftyfive Capital, Vaekstfonden & 5 others	48/100
2nd	Freecultr 2011, Delhi (India), Series A	Retailer of innerwear loungewear and apparel made from sustainable fabrics	$18.4M	Sixth Sense Ventures, Peak XV Partners & 13 others	47/100
3rd	Almo 2019, Gurugram (India), Seed	Internet first brand offering performance casual wear for men	$3.16M	LetsVenture, Inflection Point Ventures & 83 others	37/100
4th	Modern Crew 2019, Mumbai (India), Seed	Premium men's innerwear and loungewear online retailer	$450K	Indiaxis Investments, Xpanse Service & 17 others	36/100
5th	Tailor And Circus 2020, Tiruppur (India), Seed	Internet first brand of under & maternity wear for men and women	$241K	Samrakshana & 3 others	34/100
6th	Bruchiclub 2018, Noida (India), Unfunded	Internet first brand offering sustainable innerwear for men and women	-	-	32/100
7th	Subset 2018, New York City (United States), Unfunded	Online fashion brand specializes in sustainable innerwear products for men and women	-	-	26/100
8th	Bella Bodies Australia 2000, Brookvale (Australia), Unfunded	Online fashion brand offering multi-category sustainable innerwear products for women	-	-	25/100
9th	Kearo Surat (India), Unfunded	Online fashion brand offering multi-category sustainable innerwear products for men and women	-	-	24/100
10th	LITE Underwear 2020, Tallinn (Estonia), Unfunded	Designer and retailer of lingerie, swimwear, and underwear	-	-	24/100

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Founders (largest shareholder) own 48.15%, Funds own 12.49%, Enterprises own 9.28% and Angels own 16.85%. The net worth of Almo's founders is INR 24.5Cr as of Jun 09, 2022.

Shareholders Name	Post Round Holding %	Net worth	Cumulative Investment	Realised Returns	Unrealised Returns	Return Multiple
Founder	48.15%	24.5Cr	7584226	3082046	4122471	3415067
Muskaan Jain	4648826	2083617	3066648	3712152	4362984	3505314
Chhavi Bhardwaj Kargaonkar	6	4	8	3	5	1
Fund	12.49%	6.36Cr	5120553	7490732	7479226	7190097
LetsVenture	346	742	577	411	223	519
Inflection Point Ventures	0	0	0	0	0	0
Enterprise	9.28%	4.73Cr	5084030	5635176	5913201	3859259
Angel	16.85%	8.59Cr	9368251	6596395	2268166	1706625
Vivek Lodha	0	0	0	0	0	0
Piyush Shah	0	0	0	0	0	0
Nishith Shah	0	0	0	0	0	0
Other People	0.78%	40.1L	0	0	0	0
ESOP Pool	12.43%	6.33Cr	7144776	3265823	5936828	4957874
Total	99.98%	50.9Cr	9085498	6175503	8592478	6821827