When was Chumbak founded?

Chumbak was founded in 2009 and raised its 1st funding round 3 years after it was founded.

Where is Chumbak located?

Chumbak is headquartered in Bengaluru, India. It is registered at No. 520, CMH Road, Indiranagar, 1st Stage, Bangalore, Bangalore, Karnataka, India, 560038.

Who is the current CEO of Chumbak?

Vasant Indar Nangia of Chumbak. They are also angel investors in 3 startups.

Which legal entities is Chumbak associated with?

Chumbak is associated with CHUMBAK DESIGN PRIVATE LIMITED.

How many employees does Chumbak have?

As of Aug 31, 2025, the latest employee count at Chumbak is 153.

Is Chumbak a funded company?

Chumbak is a funded company, having raised a total of $36.1M across 9 funding rounds to date. The company's 1st funding round was a $***** Series A round, raised on Oct 03, 2012.

How much is Chumbak worth?

The last known valuation of Chumbak was ₹***** as of Nov 18, 2020.

When was the latest funding round of Chumbak?

Chumbak's latest funding was a $***** Series D round on Sep 27, 2022, with participation from 1 investor.

What is the annual revenue of Chumbak?

Annual revenue of Chumbak is between ₹50 Cr and ₹100 Cr as on Mar 31, 2025

Where does Chumbak rank among its competitors?

Chumbak ranks 1st amongst 101 active competitors, of which 4 are funded. It stands 1st in terms of total funding among its competitors. The most recent competitor to raise funding was Chumbak, which secured $368K in Sep, 2022.

Who are the top competitors of Chumbak?

Chumbak's top competitors include GiTAGGED, Jaypore and Nicobar. Among them, Chumbak secured the most recent funding round in September, 2022.

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

Chumbak is an acquired company based in Bengaluru (India), founded in 2009 by Alicia Souza, Vivek Prabhakar and Shubhra Chadda. It operates as an Internet first brand of apparel for women. Chumbak has raised $36.1M in funding from investors like Gaja Capital, Z47 and Seedfund, with last known valuation of ₹*****. The company has 101 active competitors, including 4 funded and 4 that have exited. Its top competitors include companies like GiTAGGED, Jaypore and Nicobar.

Company Details

Chumbak is a manufacturing and product retailing company of multi-category lifestyle products. Its catalog includes more than 100 categories of hand-crafted designer products such as bags, wallets, key chains, coffee mugs, travel, and tech accessories. It expanded its product catalog to include curated apparel for women. It also provides online gifting services. The company sells its products online on its website and other e-commerce platforms like Flipkart, Myntra, and Snapdeal. It also sells through multi-brand retailers as well as in its self-owned offline stores.

Website: www.chumbak.com/
Social
Email ID: *****@chumbak.in
Phone Number: +91 **********
Registered Address: No. 520, CMH Road, Indiranagar, 1st Stage, Bangalore, Bangalore, Karnataka, India, 560038

Key Metrics

Founded Year

2009

Location

Bengaluru, India

Stage

Acquired

Total Funding

$36.1M in 9 rounds

Latest Funding Round

Series D, Sep 27, 2022, $*****

Last Known Valuation

₹***** as on Nov 18, 2020

Investors

Gaja Capital & 9 more

Ranked

1^st among 101 active competitors

Annual Revenue

₹50 - ₹100 Cr as on Mar 31, 2025

Employee Count

153 as on Aug 31, 2025

Similar Companies

GiTAGGED & 306 more

Exit Details

Acquired by GOAT Brand Labs (Jan 12, 2023)

View Chumbak's full profile

Chumbak is associated with 1 legal entity given below:

Legal Entity Name	Date of Incorporation	Revenue	Latest Employee Count	Documents
CHUMBAK DESIGN PRIVATE LIMITED CIN: U74999KA2011PTC058374 , India, Active	Apr 28, 2011	₹50 - ₹100 Cr (As on Mar 31, 2025)	140 (As on May 01, 2026)

Chumbak got acquired by GOAT Brand Labs on Jan 12, 2023.

Click here to take a look at Chumbak's acquisition in detail

Chumbak has raised a total funding of $36.1M over 9 rounds. Its first funding round was on Oct 03, 2012. Its latest funding round was a Series D round on Sep 27, 2022 for $*****. 1 investor participated in its latest round. Chumbak has 7 institutional investors and 3 angel investors.

Here is the list of recent funding rounds of Chumbak:

Filter this list

Date of Funding	Funding Amount	Round Name	Post-Money Valuation	Revenue Multiple	Lead Investors	Other Investors
Sep 27, 2022	4576684	Series D	4648064	4396342	4842256	7893649
Nov 18, 2020	1506121	Series D	3363577	7624420	2059525	4930977
Apr 16, 2019	1992697	Series D	7596761	5546878	Gaja Capital	Seedfund & 3 more

Access funding benchmarks and valuations. Sign up today!

View details of Chumbak's funding rounds and investors

The founders of Chumbak are Alicia Souza, Vivek Prabhakar and Shubhra Chadda.

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

Alicia Souza: Former Co-Founder of Chumbak and founder of 1 other company. They are also an angel investor in 2 startups.
Vivek Prabhakar: Former Co-Founder of Chumbak. They are also an angel investor in 1 startup and serve on the board of 1 company.
Shubhra Chadda: Co-Founder of Chumbak. They serve on the board of 1 company.
Contact Info: 1 email address and 1 phone number
Vasant Indar Nangia: CEO of Chumbak. They are also an angel investor in 3 startups.
Contact Info: 1 email address

Chumbak's Board of Directors

Chumbak's board has 3 active members. Ranjit Jayant Shah, Vivek Prabhakar and Shubhra Chadda are part of team.

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

Name	Type	Representing	Status	Duration
Vivek Prabhakar	Team	-	Current	15y 2m
Shubhra Chadda	Team	-	Current	15y 2m
Ranjit Jayant Shah	Investor	Gaja Capital	Current	8y 7m

View details of Chumbak's Founder profiles and Board Members

Chumbak's employee count trend

Chumbak has 153 employees as of Aug 25. The total employee count is 9.0% more than what it was in Aug 24. Here is Chumbak's employee count trend over the years:

Uncover Chumbak's growth story! Sign up today!

Access Tracxn on any website

Our Google Chrome extension lets you view company details while browsing their websites

Install Tracxn Extension

Top competitors of Chumbak include GiTAGGED, Jaypore and Nicobar. Here is the list of Top 10 competitors of Chumbak, ranked by Tracxn score:

Rank	Company Details	Short Description	Total Funding	Investors	Tracxn Score
1st	Chumbak 2009, Bengaluru (India), Acquired	Internet first brand of apparel for women	$36.1M	BlackSoil, IQ-EQ & 8 others	49/100
2nd	GiTAGGED 2016, Bengaluru (India), Unfunded	Internet first brand offering geographically tagged handicraft products	-	-	49/100
3rd	Jaypore 2011, Delhi (India), Acquired	E-commerce platform offering handcrafted and artisanal products	$9.65M	Aavishkaar Capital & 20 others	45/100
4th	Nicobar 2015, Delhi (India), Unfunded	Online Retailers of apparel, accessories, home goods, and personal care items	-	-	43/100
5th	Colorpur 2016, Bengaluru (India), Unfunded	Online private label lifestyle product retailer	-	-	35/100
6th	Happy Wagon 2010, Bengaluru (India), Unfunded	Brand offering multi-category products	-	-	34/100
7th	Alicia Souza 2016, Bengaluru (India), Unfunded	Internet-first brand of lifestyle products	-	-	33/100
8th	The Chennai Silks 1962, Tiruppur (India), Unfunded	Online retailer of sarees, salwar kameez, dhotis, shirts, and trousers	-	-	32/100
9th	Caravan Craft 1997, Bengaluru (India), Early Stage	Internet-first brand offering multi-category handcrafted products	$2.09M	Capria, Agnus Capital & 30 others	32/100
10th	India Circus 2011, Mumbai (India), Acquired	Custom-made lifestyle brand for fashion accessories and home decor etc.	-	-	32/100

Get insights and benchmarks for competitors of 2M+ companies! Sign up today!

Looking for more details on Chumbak's competitors? Click here to see the top ones

Founders own 14.12%, Funds (largest shareholder) own 79.33%, Angels own 3.73% and Other People own 0.59%. The net worth of Chumbak's founders is INR 93.5Cr as of Nov 18, 2020.

Shareholders Name	Post Round Holding %	Net worth	Cumulative Investment	Realised Returns	Unrealised Returns	Return Multiple
Founder	14.12%	93.5Cr	3610295	9845793	2972615	4407129
Shubhra Chadda	6379193	6461593	8330832	1924972	5957623	5315432
Vivek Prabhakar	7403252	9676075	5207039	4939213	3154156	6924557
Fund	79.33%	525Cr	9316162	9040160	2256354	6235065
Gaja Capital	4726147	6643851	1196282	7820738	1240076	4291333
Seedfund	2899134	7597604	7085469	6753671	1054361	4257103
Angel	3.73%	24.7Cr	496	563	120	841
Other People	0.59%	3.9Cr	0	0	0	0
ESOP Pool	2.23%	14.8Cr	31	53	82	35
Total	100.00%	662Cr	2843440	1606844	8021070	1752085