When was Chumbak founded?

Chumbak was founded in 2010 and raised its 1st funding round 2 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 117 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, Nicobar and Colorpur. Among them, Chumbak secured the most recent funding round in September, 2022.

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

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

2010

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 117 active competitors

Annual Revenue

₹50 - ₹100 Cr as on Mar 31, 2025

Employee Count

153 as on Aug 31, 2025

Similar Companies

GiTAGGED & 401 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	Reports
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	4574246	Series D	4714673	9412856	7236351	7971807
Nov 18, 2020	2598386	Series D	9998333	1343083	2450027	3301101
Apr 16, 2019	7990484	Series D	7631793	7035889	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 4m
Shubhra Chadda	Team	-	Current	15y 4m
Ranjit Jayant Shah	Investor	Gaja Capital	Current	8y 9m

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, Nicobar and Colorpur. 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 2010, 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	Nicobar 2015, Delhi (India), Unfunded	Online Retailers of apparel, accessories, home goods, and personal care items	-	-	43/100
4th	Colorpur 2016, Bengaluru (India), Unfunded	Online private label lifestyle product retailer	-	-	35/100
5th	Happy Wagon 2010, Bengaluru (India), Unfunded	Brand offering multi-category products	-	-	34/100
6th	Alicia Souza 2016, Bengaluru (India), Unfunded	Internet-first brand of lifestyle products	-	-	33/100
7th	The Chennai Silks 1962, Tiruppur (India), Unfunded	Online retailer of sarees, salwar kameez, dhotis, shirts, and trousers	-	-	32/100
8th	Caravan Craft 1997, Bengaluru (India), Early Stage	Internet-first brand offering multi-category handcrafted products	$2.09M	Capria, Agnus Capital & 30 others	32/100
9th	India Circus 2011, Mumbai (India), Acquired	Custom-made lifestyle brand for fashion accessories and home decor etc.	-	-	32/100
10th	Rootpure 2020, Delhi (India), Unfunded	Internet first brand offering multi-category organic products	-	-	31/100

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	1162385	4043316	2397963	8387360
Shubhra Chadda	8255652	9030779	2238932	6497193	9068308	9915660
Vivek Prabhakar	1008020	6603642	1109128	9282692	7410594	6450302
Fund	79.33%	525Cr	9025176	6480550	8476348	5612807
Gaja Capital	8037535	7052059	7288355	6387304	2063475	8851991
Seedfund	7968004	8006539	9965413	6790672	8939637	9139771
Angel	3.73%	24.7Cr	735	719	617	975
Other People	0.59%	3.9Cr	0	0	0	0
ESOP Pool	2.23%	14.8Cr	24	11	46	58
Total	100.00%	662Cr	7676216	1436340	3889431	6846512