Greensole - About the company
Greensole is a seed company based in Navi Mumbai (India), founded in 2018 by Shriyans Bhandari, Ramesh Shipe Dhami and Ramesh Dhami. It operates as a Designer and retailer of sustainable footwear. Greensole has raised $18K in funding from Arjana Partners, with a current valuation of $*****. The company has 3 active competitors, including 2 funded and 1 that has exited. Its top competitors are Neemans and Solethreads.
Company Details
Designer and retailer of sustainable footwear. It offers a collection of mens, womens, and accessories made from recycled materials. The company focuses on combining stylish designs with a commitment to ethical and environmentally conscious manufacturing practices. Products are designed for comfort and durability, emphasizing both fashion and sustainability. The business model includes online sales and a physical retail store.
- Website
- www.greensole.com/
- Social
- Email ID
- *****@greensole.in, *****@greensole.in
- Phone Number
- +91 **********
- Registered Address
- PLOT NO. A460, TTC INDUSTRIAL AREA, MIDC, MAHAPE, NAVI MUMBAI, Thane, NAVI MUMBAI, Maharashtra, India, 400710
Key Metrics
Founded Year
2018
Location
Navi Mumbai, India
Stage
Seed
Total Funding
$18K in 1 round
Latest Funding Round
Post Money Valuation
$***** as on May 25, 2024
Investors
Ranked
3rd among 3 active competitors
Annual Revenue
0 - ₹10 Cr as on Mar 31, 2025
Employee Count
273 as on Jan 31, 2025
Legal entities associated with Greensole
Greensole is associated with 3 legal entities given below:
Legal Entity Name | Date of Incorporation | Revenue | Latest Employee Count | Reports |
|---|---|---|---|---|
RAM FASHION EXPORTS PRIVATE LIMITED CIN: U19129MH1985PTC037032 , India, Active | Aug 02, 1985 | ₹50 - ₹100 Cr (As on Mar 31, 2025) | 44 (As on Nov 30, 2018) | |
GREENSOLE FOUNDATION CIN: U74999RJ2016NPL055290 , India, Active | Jun 22, 2016 | 0 - ₹10 Cr (As on Mar 31, 2025) | - | |
GREENSOLE FOOTWEAR PRIVATE LIMITED CIN: U19200RJ2015PTC047523 , India, Active | May 12, 2015 | 0 - ₹10 Cr (As on Mar 31, 2025) | - |
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Greensole's funding and investors
Greensole has raised a total funding of $18K over 1 round. Greensole has 1 institutional investor.
Here is the list of recent funding rounds of Greensole:
Date of Funding | Funding Amount | Round Name | Post-Money Valuation | Revenue Multiple | Lead Investors | Other Investors |
|---|---|---|---|---|---|---|
May 25, 2024 | 9584181 | Seed | 2052011 | 8478032 | 2551509 | 3524363 |
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Greensole's founders and board of directors
Founder? Claim ProfileThe founders of Greensole are Shriyans Bhandari, Ramesh Shipe Dhami and Ramesh Dhami. Shriyans Bhandari is the CEO of Greensole.
Here are the details of Greensole's key team members:
- Shriyans Bhandari: Co-Founder & CEO of Greensole and founder of 2 other companies, GreenSole Foundation and Greensole. They serve on the board of 1 company.Contact Info: 1 email address and 1 phone number
- Ramesh Shipe Dhami: Co-Founder, Director of Greensole. They serve on the board of 1 company.Contact Info: 2 phone numbers
- Ramesh Dhami: Co-Founder and director of Greensole.
Greensole's Board of Directors
Greensole's board has 4 active members. Shriyans Bhandari and Ramesh Shipe Dhami are part of team and Nitesh Naresh Bhasin and Rishi Suresh Bhasin are independent board members.Here is the list of Greensole's board of directors:
Name | Type | Representing | Status | Duration |
|---|---|---|---|---|
Team | - | Current | 11y 4m | |
Team | - | Current | 11y 4m | |
Independent board member | - | Current | 11y 0m | |
eppqogo | Independent board member | - | Current | 9y 6m |
View details of Greensole's Founder profiles and Board Members
Greensole's employee count trend
Greensole has 273 employees as of Jan 25. The total employee count is 26.0% more than what it was in Jan 24. Here is Greensole's employee count trend over the years:
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Greensole's Competitors and alternates
Top competitors of Greensole include Neemans and Solethreads. Here is the list of Top 10 competitors of Greensole, ranked by Tracxn score:
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Rank | Company Details | Short Description | Total Funding | Investors | Tracxn Score |
|---|---|---|---|---|---|
1st | Online retailer of shoes for men and women of all types | $19.4M | 69/100 | ||
2nd |  Solethreads 2020, Gurugram (India), Acquired | Platform offering curated footwear and accessory collections | $7.66M | 47/100 | |
3rd | Designer and retailer of sustainable footwear | $18K | - | 33/100 |
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Greensole's Investments and acquisitions
Greensole has made no investments or acquisitions yet.
Reports related to Greensole
Here is the latest report on Greensole's sector:
News related to Greensole
•
Greensole Footwear Launches Flagship Store at Phoenix Market City, MumbaiAsian News International•Sep 09, 2024•Greensole
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