When was Bummer founded?

Bummer was founded in 2020 and raised its 1st funding round 1 year after it was founded.

Where is Bummer located?

Bummer is headquartered in Ahmedabad, India. It is registered at 204, DWARKESH COMPLEX, NR. CLASSIC HOTEL, Navrangpura, Ahmedabad, City Taluka, Gujarat, India, 380009.

Who is the current CEO of Bummer?

Sulay Malav Lavsi of Bummer. They have also founded 1 company.

Which legal entities is Bummer associated with?

Bummer is associated with BALLR APPARELS PRIVATE LIMITED.

How many employees does Bummer have?

As of Aug 31, 2025, Bummer has 17 employees, reflecting a 10% year-over-year decline in headcount.

Is Bummer a funded company?

Bummer is a funded company, having raised a total of $1.85M across 3 funding rounds to date. The company's 1st funding round was a $***** Seed round, raised on Jul 24, 2021.

How much is Bummer worth?

The latest valuation of Bummer is $***** as of Feb 03, 2025.

When was the latest funding round of Bummer?

Bummer's latest funding was a $***** Seed round on Feb 14, 2024, with participation from 2 investors. Its primary sector is Fashion Tech. In India, the Fashion Tech sector has seen $299M in funding in 2026 to date.

What is the annual revenue of Bummer?

Annual revenue of Bummer is between ₹10 Cr and ₹50 Cr as on Mar 31, 2025

Where does Bummer rank among its competitors?

Bummer ranks 2nd amongst 36 active competitors, of which 3 are funded. It stands 3rd in terms of total funding among its competitors. The most recent competitor to raise funding was Bummer, which secured $1.12M in Feb, 2024.

Who are the top competitors of Bummer?

Bummer's top competitors include Freecultr, PrettySecrets and Tailor And Circus. Among them, Bummer secured the most recent funding round in February, 2024.

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

Bummer is a seed company based in Ahmedabad (India), founded in 2020 by Sulay Malav Lavsi. It operates as an Online retailer of underwear, loungewear, socks, shorts, and t-shirts. Bummer has raised $1.85M in funding from investors like Beenext, Texport Industries and Fluid Ventures, with a current valuation of $*****. The company has 36 active competitors, including 3 funded and 1 that has exited. Its top competitors include companies like Freecultr, PrettySecrets and Tailor And Circus.

Company Details

Online retailer of underwear, loungewear, socks, shorts, and t-shirts. The company offers a variety of styles for men and women, including briefs, trunks, boxers, bikinis, hipster, and boy shorts. They also provide matching couple sets and build-a-pack options.

Website: bummer.in
Social
Email ID: *****@bummer.in
Phone Number: +91 **********
Registered Address: 204, DWARKESH COMPLEX, NR. CLASSIC HOTEL, Navrangpura, Ahmedabad, City Taluka, Gujarat, India, 380009

Key Metrics

Founded Year

2020

Location

Ahmedabad, India

Stage

Seed

Total Funding

$1.85M in 3 rounds

Latest Funding Round

Seed, Feb 14, 2024, $*****

Post Money Valuation

$***** as on Feb 03, 2025

Investors

Beenext & 26 more

Ranked

2^nd among 36 active competitors

Annual Revenue

₹10 - ₹50 Cr as on Mar 31, 2025

Employee Count

17 as on Aug 31, 2025

Similar Companies

Skims & 185 more

View Bummer's full profile

Bummer is associated with 1 legal entity given below:

Legal Entity Name	Date of Incorporation	Revenue	Latest Employee Count	Documents
BALLR APPARELS PRIVATE LIMITED CIN: U52322GJ2019PTC105947 , India, Active	Jan 08, 2019	₹10 - ₹50 Cr (As on Mar 31, 2025)	9 (As on Feb 01, 2026)

Bummer has raised a total funding of $1.85M over 3 rounds. Its first funding round was on Jul 24, 2021. Its latest funding round was a Seed round on Feb 14, 2024 for $*****. 2 investors participated in its latest round. Bummer has 15 institutional investors and 12 angel investors.

Here is the list of recent funding rounds of Bummer:

Date of Funding	Funding Amount	Round Name	Post-Money Valuation	Revenue Multiple	Lead Investors	Other Investors
Feb 14, 2024	2174151	Seed	9428894	5844364	5423005	4538019
Aug 16, 2022	3139418	Seed	6307709	1691023	6816446	Rajesh Corporation & 5 more
Jul 24, 2021	1967718	Seed	5626966	9698157	Beenext	Texport Industries & 7 more

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View details of Bummer's funding rounds and investors

The founders of Bummer is Sulay Malav Lavsi. Sulay Malav Lavsi is the CEO of Bummer.

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

Sulay Malav Lavsi: Founder & CEO of Bummer. They serve on the board of 1 company.
Contact Info: 1 email address and 1 phone number

Bummer's Board of Directors

Bummer's board has 2 active members. Sulay Malav Lavsi is part of team and Malav Shyamsunder Lavsi is independent board member.

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

Name	Type	Representing	Status	Duration
Sulay Malav Lavsi	Team	-	Current	7y 8m
Malav Shyamsunder Lavsi	Independent board member	-	Current	7y 8m

View details of Bummer's Founder profiles and Board Members

Bummer's employee count trend

Bummer has 17 employees as of Aug 25. The total employee count is 11.0% lower than what it was in Aug 24. Here is Bummer's employee count trend over the years:

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Top competitors of Bummer include Freecultr, PrettySecrets and Tailor And Circus. Here is the list of Top 10 competitors of Bummer, ranked by Tracxn score:

Rank	Company Details	Short Description	Total Funding	Investors	Tracxn Score
1st	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
2nd	Bummer 2020, Ahmedabad (India), Seed	Online retailer of underwear, loungewear, socks, shorts, and t-shirts	$1.85M	Texport Industries, Fluid Ventures & 25 others	45/100
3rd	PrettySecrets 2011, Mumbai (India), Deadpooled	Online-first private label lingerie brand	$13.9M	Orios Venture Partners, Apollo Trading And Finance ... & 77 others	40/100
4th	Tailor And Circus 2020, Tiruppur (India), Seed	Internet first brand of under & maternity wear for men and women	$241K	Samrakshana & 3 others	34/100
5th	Loggerhead 2016, Rajkot (India), Unfunded	Platform offering innerwear products	-	-	33/100
6th	Bruchiclub 2018, Noida (India), Unfunded	Internet first brand offering sustainable innerwear for men and women	-	-	32/100
7th	Nykd by Nykaa 2020, Bengaluru (India), Unfunded	Internet first brand of inner wear for women	-	-	30/100
8th	N-Gal 2010, Moradabad (India), Unfunded	Internet first brand offering inner wear for men and women	-	-	29/100
9th	Bareblow 2017, Bengaluru (India), Unfunded	Internet-first brand offering innerwear	-	-	28/100
10th	WhatsDown 2019, Mumbai (India), Unfunded	Retailer of men's and women's boxers and face masks	-	-	25/100

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Founders own 36.48%, Funds (largest shareholder) own 37.64%, Enterprises own 3.27% and Angels own 5.36%. The net worth of Bummer's founders is INR 16.4Cr as of Feb 03, 2025.

Shareholders Name	Post Round Holding %	Net worth	Cumulative Investment	Realised Returns	Unrealised Returns	Return Multiple
Founder	36.48%	16.4Cr	4142368	6703001	3345286	1674131
Sulay Malav Lavsi	2626660	6181573	6458615	4705387	1921213	5079167
Fund	37.64%	16.9Cr	3822660	8917865	8026242	3315006
Gruhas Collective Consumer Fund	2454019	2511761	3079411	7372027	1692271	3701494
Beenext	1367180	6379385	5330744	5716344	9748992	1769563
Fluid Ventures	971237	500950	725058	110694	757665	343606
Enterprise	3.27%	1.46Cr	200	598	927	195
Angel	5.36%	2.4Cr	20427	52040	31991	77768
Other People	11.92%	5.35Cr	1928168	7726415	5675838	5399435
ESOP Pool	5.34%	2.4Cr	60384	52358	21361	14522
Total	100.00%	44.9Cr	8302666	5216515	9274615	6899400