When was EUME founded?

EUME was founded in 2018 and raised its 1st funding round 4 years after it was founded.

Where is EUME located?

EUME is headquartered in Mumbai, India. It is registered at B-2 NANDKISHORE INDL ESTATE, OFF MAHAKALI CAVES ROAD, ANDHERI EAST, Mumbai City, MUMBAI, Maharashtra, India, 400093.

Which legal entities is EUME associated with?

EUME is associated with EUME LIFESTYLE PRIVATE LIMITED and 1 other.

How many employees does EUME have?

As of Sep 30, 2026, the latest employee count at EUME is 30.

Is EUME a funded company?

EUME is a funded company, having raised a total of $5.23M across 3 funding rounds to date. The company's 1st funding round was a $***** Seed round, raised on Dec 16, 2022.

How much is EUME worth?

The latest valuation of EUME is $***** as of May 22, 2025.

When was the latest funding round of EUME?

EUME's latest funding was a $***** Series A round on May 22, 2025, with participation from 3 investors.

What is the annual revenue of EUME?

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

Where does EUME rank among its competitors?

EUME ranks 10th amongst 116 active competitors, of which 17 are funded. It stands 5th in terms of total funding among its competitors. The most recent competitor to raise funding was Mokobara, which secured $9.5M in Sep, 2026.

Who are the top competitors of EUME?

EUME's top competitors include Mokobara, uppercase and Safari. Among them, Mokobara secured the most recent funding round in September, 2026.

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

EUME is a series A company based in Mumbai (India), founded in 2018 by Naina Parekh and Pranay Parekh. It operates as an Online retailer offering luggage, bags, and accessories. EUME has raised $5.23M in funding from Mumbai Angels and Himalaya Finance And Investment, with a current valuation of $*****. The company has 116 active competitors, including 17 funded and 7 that have exited. Its top competitors include companies like Mokobara, uppercase and Safari.

Company Details

Online retailer offering luggage, bags, and accessories. The company offers a selection of travel luggage, including cabin and check-in sizes, as well as various backpacks, messenger bags, and handbags. It also provides a range of accessories such as wallets, passport holders, and travel organizers.

Website: eumeworld.com
Social
Email ID: *****@eumeworld.com
Phone Number: +91 **********
Part Of
Registered Address: B-2 NANDKISHORE INDL ESTATE, OFF MAHAKALI CAVES ROAD, ANDHERI EAST, Mumbai City, MUMBAI, Maharashtra, India, 400093

Key Metrics

Founded Year

2018

Location

Mumbai, India

Stage

Series A

Total Funding

$5.23M in 3 rounds

Latest Funding Round

Series A, May 22, 2025, $*****

Post Money Valuation

$***** as on May 22, 2025

Investors

Mumbai Angels & 34 more

Ranked

10^th among 116 active competitors

Annual Revenue

₹10 - ₹50 Cr as on Mar 31, 2025

Employee Count

30 as on Sep 30, 2026

Similar Companies

Mokobara & 192 more

View EUME's full profile

EUME is associated with 2 legal entities given below:

Legal Entity Name	Date of Incorporation	Revenue	Latest Employee Count	Documents
AVON LIFESTYLE PRIVATE LIMITED CIN: U36992MH1997PTC106816 , India, Active	Mar 25, 1997	₹50 - ₹100 Cr (As on Mar 31, 2025)	-
EUME LIFESTYLE PRIVATE LIMITED CIN: U19120MH2021PTC365611 , India, Active	Aug 10, 2021	₹10 - ₹50 Cr (As on Mar 31, 2025)	19 (As on May 01, 2026)

EUME has raised a total funding of $5.23M over 3 rounds. Its first funding round was on Dec 16, 2022. Its latest funding round was a Series A round on May 22, 2025 for $*****. 3 investors participated in its latest round. EUME has 22 institutional investors and 13 angel investors.

Here is the list of recent funding rounds of EUME:

Date of Funding	Funding Amount	Round Name	Post-Money Valuation	Revenue Multiple	Lead Investors	Other Investors
May 22, 2025	7184656	Series A	5387241	1099424	7067719	2958937
Mar 27, 2024	2258804	Series A	4908827	2533708	1295109	Lead Angels & 10 more
Dec 16, 2022	2779312	Seed	2114711	5489317	Mumbai Angels	JITO Incubation & Innovation Foundation & 20 more

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View details of EUME's funding rounds and investors

The founders of EUME are Naina Parekh and Pranay Parekh.

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

Naina Parekh: Co-Founder of EUME.
Contact Info: 1 email address and 1 phone number
Pranay Parekh: Co-Founder of EUME.

View details of EUME's Founder profiles and Board Members

EUME's employee count trend

EUME has 30 employees as of Sep 26. Here is EUME's employee count trend over the years:

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Top competitors of EUME include Mokobara, uppercase and Safari. Here is the list of Top 10 competitors of EUME, ranked by Tracxn score:

Rank	Company Details	Short Description	Total Funding	Investors	Tracxn Score
1st	Mokobara 2019, Bengaluru (India), Series C	Chains providing luggage, bags, and travel accessories	$33.6M	Sauce, Saama & 61 others	78/100
2nd	uppercase 2021, Mumbai (India), Series B	Online retailer of eco-friendly backpacks, trolley bags, duffle bags, and accessories	$22.1M	Sixth Sense Ventures, Accel & 24 others	68/100
3rd	Safari 1974, Mumbai (India), Public	Brand of backpacks and luggage bags	$8.33M	Tano Capital, Elevation Capital & 2 others	61/100
4th	Samsonite 1910, Boston (United States), Public	Travel & business bags brand	-	Ares Management, EVCP & 7 others	57/100
5th	Assembly 2018, Gurugram (India), Series A	Online retailer of travel bags, luggage, backpacks, and accessories	$2.64M	Smile Group, Anicut Capital & 43 others	56/100
6th	Arctic Fox 2018, Bengaluru (India), Unfunded	Internet-first brand offering bags and luggage	-	-	54/100
7th	Provogue Mumbai (India), Public	Retailer of travel bags backpacks and various small accessory items	-	Plutus Wealth Management, Gabriel Venture Partners ... & 1 others	51/100
8th	VIP Industries 1968, Mumbai (India), Public	Manufacture & exporter of luggage & travel utilities	-	Multiples Alternate Asset Management, Rare Enterprises ... Read more	51/100
9th	Nasher Miles 2017, Mumbai (India), Seed	Online retailer of travel luggage, backpacks, and related travel accessories	$5.96M	Mfour Advisory, Singularity AMC & 58 others	50/100
10th	EUME 2018, Mumbai (India), Series A	Online retailer offering luggage, bags, and accessories	$5.23M	Lucky Investment Managers, Arvog & 33 others	50/100

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Founders (largest shareholder) own 49.00%, Funds own 4.90%, Enterprises own 20.34% and Angels own 17.90%. The net worth of EUME's founders is INR 60.6Cr as of May 22, 2025.

Shareholders Name	Post Round Holding %	Net worth	Cumulative Investment	Realised Returns	Unrealised Returns	Return Multiple
Founder	49.00%	60.6Cr	9053420	4577746	8754833	4366634
Naina Parekh	6586005	7481642	1926398	9202261	2765343	5625222
Fund	4.90%	6.07Cr	5573	2664	7011	3176
Lead Angels	1	8	6	8	8	3
Mumbai Angels	0	0	0	0	0	0
Enterprise	20.34%	25.2Cr	9929564	8535961	5068342	2432033
Angel	17.90%	22.1Cr	1130567	4529329	8583210	8911264
ESOP Pool	6.22%	7.7Cr	333852	801640	605484	302507
Other Investors	1.63%	2.02Cr	2	8	6	2
Total	99.99%	124Cr	9334422	1563726	2743575	3660559