When was Greensole founded?

Greensole was founded in 2018 and raised its 1st funding round 6 years after it was founded.

Where is Greensole located?

Greensole is headquartered in Navi Mumbai, India. It is registered at PLOT NO. A460, TTC INDUSTRIAL AREA, MIDC, MAHAPE, NAVI MUMBAI, Thane, NAVI MUMBAI, Maharashtra, India, 400710.

Who is the current CEO of Greensole?

Shriyans Bhandari of Greensole. They have also founded 2 companies.

Which legal entities is Greensole associated with?

Greensole is associated with GREENSOLE FOOTWEAR PRIVATE LIMITED and 2 others.

How many employees does Greensole have?

As of Jan 31, 2025, the latest employee count at Greensole is 273.

Is Greensole a funded company?

Greensole is a funded company, having raised a total of $***** in its 1st and only funding round, a Seed round on May 25, 2024.

How much is Greensole worth?

The latest valuation of Greensole is $***** as of May 25, 2024.

When was the latest funding round of Greensole?

Greensole's latest funding was a $***** Seed round on May 25, 2024, with participation from 0 investor.

What is the annual revenue of Greensole?

Annual revenue of Greensole is less than ₹10 Cr as on Mar 31, 2025

Where does Greensole rank among its competitors?

Greensole ranks 3rd amongst 3 active competitors, of which 2 are funded. It stands 3rd in terms of total funding among its competitors. The most recent competitor to raise funding was Neemans, which secured $4M in Dec, 2025.

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

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

Seed, May 25, 2024, $*****

Post Money Valuation

$***** as on May 25, 2024

Investors

Arjana Partners

Ranked

3^rd among 3 active competitors

Annual Revenue

0 - ₹10 Cr as on Mar 31, 2025

Employee Count

273 as on Jan 31, 2025

Similar Companies

Neemans & 10 more

View Greensole's full profile

Greensole is associated with 3 legal entities given below:

Legal Entity Name	Date of Incorporation	Revenue	Latest Employee Count
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)	-

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	6781698	Seed	9441694	3723017	8358679	5405262

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View details of Greensole's funding rounds and investors

The 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
Shriyans Bhandari	Team	-	Current	11y 4m
Ramesh Shipe Dhami	Team	-	Current	11y 4m
Nitesh Naresh Bhasin	Independent board member	-	Current	11y 0m
usnrwcl	Independent board member	-	Current	4y 7m

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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Top competitors of Greensole include Neemans and Solethreads. Here is the list of Top 10 competitors of Greensole, ranked by Tracxn score:

Rank	Company Details	Short Description	Total Funding	Investors	Tracxn Score
1st	Neemans 2017, Hyderabad (India), Series B	Online retailer of shoes for men and women of all types	$19.4M	Sixth Sense Ventures, Anicut Capital & 43 others	69/100
2nd	Solethreads 2020, Gurugram (India), Acquired	Platform offering curated footwear and accessory collections	$7.66M	Saama, DSG Consumer Partners & 8 others	47/100
3rd	Greensole 2018, Navi Mumbai (India), Seed	Designer and retailer of sustainable footwear	$18K	-	33/100

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Founders (largest shareholder) own 64.69%, Enterprises own 0.38%, Other People own 32.93% and Other Investors own 1.99%. The net worth of Greensole's founders is INR 25.9Cr as of May 25, 2024.

Shareholders Name	Post Round Holding %	Net worth	Cumulative Investment	Realised Returns	Unrealised Returns	Return Multiple
Founder	64.69%	25.9Cr	4281622	2855808	1258504	7686529
Shriyans Bhandari	2719745	1232879	8486722	6649101	7046235	4507220
Ramesh Shipe Dhami	7328385	3025091	5394294	1218720	4768471	7852642
Enterprise	0.38%	15L	0	0	0	0
Other People	32.93%	13.2Cr	9936833	4006169	9213490	1764102
Other Investors	1.99%	79.7L	4	6	1	2
Total	99.99%	40Cr	8295866	1246176	3035907	4852804