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CAVA Athleisure - About the company

CAVA Athleisure is a series A company based in Bengaluru (India), founded in 2020 by Shreya Mittal and Ria Mittal. It operates as a Retailer of athletic apparel and activewear. CAVA Athleisure has raised $5.49M in funding from Sharrp Ventures and Spring, with a current valuation of $*****. The company has 101 active competitors, including 11 funded and 3 that have exited. Its top competitors include companies like BlissClub, Boldfit and Gokyo.

Company Details

Retailer of athletic apparel and activewear. The company offers a selection of clothing designed for various physical activities including training, running, and studio workouts. Products include tops, sports bras, leggings, trousers, jackets, and shorts. The inventory features specialized fabrics and designs intended for movement and exercise.
Social
Facebook
Email ID
*****@cavaathleisure.com
Phone Number
+91 **********
Registered Address
17/12, Ali Asker Road, Shivajinagar, H.K.P. Road, Bangalore, Bangalore North, Karnataka, India, 560051
Key Metrics
Founded Year
2020
Location
Bengaluru, India
Stage
Series A
Total Funding
$5.49M in 2 rounds
Latest Funding Round
Post Money Valuation
$***** as on Mar 12, 2026
Ranked
Annual Revenue
₹10 - ₹50 Cr as on Mar 31, 2025
Employee Count
120 as on Apr 30, 2026
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CAVA Athleisure's funding and investors

CAVA Athleisure has raised a total funding of $5.49M over 2 rounds. Its first funding round was on Jun 06, 2024. Its latest funding round was a Series A round on Jan 29, 2026 for $*****. 3 investors participated in its latest round. CAVA Athleisure has 11 institutional investors and 2 angel investors.

Here is the list of recent funding rounds of CAVA Athleisure:
Date of Funding
Funding Amount
Round Name
Post-Money Valuation
Revenue Multiple
Lead Investors
Other Investors
Jan 29, 2026
3407576
Series A
6526859
6050807
4832086
1738171
Jun 06, 2024
5465272
Seed
9480510
9850606
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CAVA Athleisure's founders and board of directors

Founder? Claim Profile
The founders of CAVA Athleisure are Shreya Mittal and Ria Mittal. Ria Mittal is the CEO of CAVA Athleisure.
Here are the details of CAVA Athleisure's key team members:

CAVA Athleisure's Board of Directors

CAVA Athleisure's board has 2 active members. Shreya Mittal and Ria Mittal are part of team.
Here is the list of CAVA Athleisure's board of directors:
Name
Type
Representing
Status
Duration
Team
-
Current
2y 4m
Team
-
Current
3y 4m

CAVA Athleisure's employee count trend

CAVA Athleisure has 120 employees as of Apr 26. The total employee count is 300.0% more than what it was in Apr 25. Here is CAVA Athleisure's employee count trend over the years:
Employee count trend for CAVA Athleisure
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CAVA Athleisure's Competitors and alternates

Top competitors of CAVA Athleisure include BlissClub, Boldfit and Gokyo. Here is the list of Top 10 competitors of CAVA Athleisure, ranked by Tracxn score:
Rank
Company Details
Short Description
Total Funding
Investors
Tracxn Score
1st
Logo for BlissClub
BlissClub
2020, Bengaluru (India), Series B
Internet first brand offering sportswear for women
$38.4M
70/100
2nd
Logo for CAVA Athleisure
CAVA Athleisure
2020, Bengaluru (India), Series A
Retailer of athletic apparel and activewear
$5.49M
66/100
3rd
Logo for Boldfit
Boldfit
2018, Bengaluru (India), Series B
Internet first brand of sports shoes, apparel, and fitness equipment
$63.1M
66/100
4th
Logo for Gokyo
Gokyo
2020, Mumbai (India), Seed
Platform offering outdoor clothing and gear for trekking and travel
$198K
46/100
5th
Logo for Built
Built
2025, Gurugram (India), Seed
Manufacturer of footwear designed to facilitate natural human foot movement
$2M
44/100
6th
Logo for Infinia
Infinia
2020, Kolkata (India), Unfunded
Internet first brand offering sportswear for men and women
-
-
41/100
7th
Logo for Performax
Performax
2016, Bengaluru (India), Unfunded
Internet first brand offering multi-categeory sports wear for men and women
-
-
38/100
8th
Logo for Alcissports
Alcissports
2015, Noida (India), Seed
Retailer of performance apparel and gym clothing for active individuals
$5.22M
38/100
9th
Logo for Athlos
Athlos
2015, Mumbai (India), Seed
Internet-first brand of activewear
$633K
38/100
10th
Logo for Kica
Kica
2017, Delhi (India), Acquired
Internet-first brand of sports wear for women
-
-
37/100
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CAVA Athleisure's Latest cap tables and shareholding

Founders (largest shareholder) own 43.66%, Funds own 34.53%, Enterprises own 3.34% and Angels own 2.90%. The net worth of CAVA Athleisure's founders is INR 93.9Cr as of Mar 12, 2026. The cap table displayed below is for CAVA ATHLEISURE PRIVATE LIMITED which is the legal entity associated with CAVA Athleisure.
Shareholders Name
Post Round Holding %
Net worth
Cumulative Investment
Realised Returns
Unrealised Returns
Return Multiple
Founder
43.66%
93.9Cr
6958995
2547772
2754656
2166506
6540068
4808767
2004273
4239096
8165895
2710300
4118880
8132218
7347958
5727234
5038954
6163156
Fund
34.53%
74.2Cr
6482721
8504596
6304709
5326409
1754695
9064138
8328269
4291300
2993123
2122601
2795864
5449489
4664985
3447939
5372947
5595690
975564
186588
813492
296969
565301
985217
8
3
1
7
8
4
Enterprise
3.34%
7.18Cr
772
497
143
414
Angel
2.90%
6.24Cr
52
81
89
34
Other People
9.07%
19.5Cr
9611027
7780811
2541295
8602520
ESOP Pool
6.51%
14Cr
158879
214614
328963
571069
Total
100.00%
215Cr
9492946
1539636
3379227
5665961
Notes: The column Net Worth represents the net worth of investments made by that entity, as per the latest cap table.
Disclaimer
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shareholding pattern of this entity
$9.99$4.23(excl. taxes)
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What documents will you get?
  • Latest Shareholding Summary - Ownership breakdown across founders, investors, and other stakeholders
  • Round-by-Round Cap Tables - Evolution of shareholding across funding rounds
  • Year-on-Year Cap Tables - Dilution trends over time

CAVA Athleisure's Investments and acquisitions

CAVA Athleisure has made no investments or acquisitions yet.

Reports related to CAVA Athleisure

Here is the latest report on CAVA Athleisure's sector:

News related to CAVA Athleisure

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Media has covered CAVA Athleisure for a total of 6 events in the last 1 year, 3 of them have been about company updates.
•
Khushi Kapoor and Cava launch athleisure collection 'Soft Serve'The Tribune•Sep 02, 2026•CAVA Athleisure
•
Cava Athleisure Raises US $ 4.35 Million in Series A RoundApparelResources•Aug 02, 2026•CAVA Athleisure
•
CAVA Athleisure Plans Offline Retail Expansion Across Metro CitiesIndian Retailer•Mar 17, 2026•CAVA Athleisure
•
Cava opens its first physical store at Orion Mall, BengaluruRetail4growth•Feb 26, 2026•CAVA Athleisure
•
Cava Athleisure partners with Zepto for quick commerceFashion Network•Mar 24, 2025•CAVA Athleisure, Zepto
•
Cava Athleisure launches ADPT fabricFashion Network•Jan 08, 2025•CAVA Athleisure
•
CAVA Athleisure launches own fabric blend called ADPTApparelResources•Jan 07, 2025•CAVA Athleisure
•
Cava eyes monthly recurring revenue target of Rs 2.5 crore in FY25Fashion Network•Dec 03, 2024•CAVA Athleisure
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