When was Inc5 Shoes founded?

Inc5 Shoes was founded in 1998 and raised its 1st funding round 19 years after it was founded.

Where is Inc5 Shoes located?

Inc5 Shoes is headquartered in Mumbai, India. It is registered at The Centrium, 3rd Floor Unit No.5, Phoenix Market city LBS Marg, Kurla, Mumbai, Mumbai, Maharashtra, India, 400070.

Which legal entities is Inc5 Shoes associated with?

Inc5 Shoes is associated with INC.5 SHOES PRIVATE LIMITED.

How many employees does Inc5 Shoes have?

As of Aug 31, 2025, the latest employee count at Inc5 Shoes is 40.

Is Inc5 Shoes a funded company?

Inc5 Shoes is a funded company, having raised a total of $11.7M across 3 funding rounds to date. The company's 1st funding round was a $***** Angel round, raised on Jun 15, 2017.

How much is Inc5 Shoes worth?

The latest valuation of Inc5 Shoes is $***** as of Oct 14, 2025.

When was the latest funding round of Inc5 Shoes?

Inc5 Shoes' latest funding was a $***** Unattributed round on Oct 14, 2025, with participation from 2 investors.

What is the annual revenue of Inc5 Shoes?

Annual revenue of Inc5 Shoes is between ₹100 Cr and ₹500 Cr as on Mar 31, 2025

Where does Inc5 Shoes rank among its competitors?

Inc5 Shoes ranks 13th amongst 119 active competitors, of which 4 are funded. It stands 2nd in terms of total funding among its competitors. The most recent competitor to raise funding was Inc5 Shoes, which secured $1.63M in Oct, 2025.

Who are the top competitors of Inc5 Shoes?

Inc5 Shoes' top competitors include Under Armour, Crocs and Duke Fashions. Among them, Inc5 Shoes secured the most recent funding round in October, 2025.

Inc5 Shoes - 2026 Company Profile, Team, Funding, Competitors & Financials

Inc5 Shoes is a seed company based in Mumbai (India), founded in 1998 by Almas Nanda and Satyen K Nanda. It operates as a Brand offering multi-category fashion products. Inc5 Shoes has raised $11.7M in funding from Carpediem Capital, with a current valuation of $*****. The company has 119 active competitors, including 4 funded and 14 that have exited. Its top competitors include companies like Under Armour, Crocs and Duke Fashions.

Company Details

Brand offering multi-category fashion products. It offers a range of fashion products, include boots, casual & formal shoes, sandals, slip ons, heels, flip flops, flats, handbags, and wallets.

Website: inc5shop.com
Social
Email ID: *****@inc5shoes.com
Phone Number: +91 **********
Part Of
Registered Address: The Centrium, 3rd Floor Unit No.5, Phoenix Market city LBS Marg, Kurla, Mumbai, Mumbai, Maharashtra, India, 400070

Key Metrics

Founded Year

1998

Location

Mumbai, India

Stage

Seed

Total Funding

$11.7M in 3 rounds

Latest Funding Round

Unattributed, Oct 14, 2025, $*****

Post Money Valuation

$***** as on Oct 14, 2025

Investors

Carpediem Capital & 8 more

Ranked

13^th among 119 active competitors

Annual Revenue

₹100 - ₹500 Cr as on Mar 31, 2025

Employee Count

40 as on Aug 31, 2025

Similar Companies

Under Armour & 108 more

View Inc5 Shoes' full profile

Inc5 Shoes is associated with 1 legal entity given below:

Legal Entity Name	Date of Incorporation	Revenue	Latest Employee Count	Documents
INC.5 SHOES PRIVATE LIMITED CIN: U19120MH2013PTC249172 , India, Active	Oct 14, 2013	₹100 - ₹500 Cr (As on Mar 31, 2025)	40 (As on Aug 31, 2025)

Inc5 Shoes has raised a total funding of $11.7M over 3 rounds. Its first funding round was on Jun 15, 2017. Its latest funding round was a Unattributed round on Oct 14, 2025 for $*****. 2 investors participated in its latest round. Inc5 Shoes has 3 institutional investors and 6 angel investors.

Here is the list of recent funding rounds of Inc5 Shoes:

Date of Funding	Funding Amount	Round Name	Post-Money Valuation	Revenue Multiple	Lead Investors	Other Investors
Oct 14, 2025	3436860	Unattributed	2733539	1971880	9235445	7228808
Oct 12, 2023	1382778	Unattributed	8819704	9480659	5068576	P3 Green & 4 more
Jun 15, 2017	9310348	Angel	6873266	6862207	Zulfikar Anwar Abdul Shakur Ansari	9772304

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View details of Inc5 Shoes's funding rounds and investors

The founders of Inc5 Shoes are Almas Nanda and Satyen K Nanda.

Here are the details of Inc5 Shoes' key team members:

Almas Nanda: Co-Founder & Director of Inc5 Shoes.
Contact Info: 1 email address
Satyen K Nanda: Co-Founder & Director of Inc5 Shoes.
Contact Info: 1 email address

Inc5 Shoes' Board of Directors

Inc5 Shoes's board has 6 active members. Abhishek Sharman, Hithendra Karadathodi Ramachandran, Amin Virji, Almas Nanda and Rozmin Virji are part of team and Abdul Rasoolnooral Lah Virji is independent board member.

Here is the list of Inc5 Shoes' board of directors:

Name	Type	Representing	Status	Duration
Amin Virji	Team	-	Current	12y 10m
Almas Nanda	Team	-	Current	12y 10m
Rozmin Virji	Team	-	Current	6y 10m
Abhishek Sharman	Investor	-	Current	2y 5m
Hithendra Karadathodi Ramachandran	Investor	-	Current	2y 5m
Abdul Rasoolnooral Lah Virji	Independent board member	-	Current	12y 10m

View details of Inc5 Shoes's Founder profiles and Board Members

Inc5 Shoes' employee count trend

Inc5 Shoes has 40 employees as of Aug 25. The total employee count is 3.0% more than what it was in Aug 24. Here is Inc5 Shoes's employee count trend over the years:

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Top competitors of Inc5 Shoes include Under Armour, Crocs and Duke Fashions. Here is the list of Top 10 competitors of Inc5 Shoes, ranked by Tracxn score:

Rank	Company Details	Short Description	Total Funding	Investors	Tracxn Score
1st	Under Armour 1996, Baltimore (United States), Public	Online retailer of athletic apparel, footwear, accessories, and sports equipment	-	JSP Ventures, Rosewood Capital & 1 others	69/100
2nd	Crocs 2002, Broomfield (United States), Public	Brand of footwear	-	Bank of America, Blackstone & 3 others	63/100
3rd	Duke Fashions 1966, Ludhiana (India), Funding Raised	Internet first brand of moderate casual wear for men and women	-	Brand Capital	54/100
4th	Nordstrom Rack 1998, New York City (United States), Unfunded	Internet first brand of casual apparel for men and women	-	-	52/100
5th	Relaxo 1976, Rohtak (India), Public	Manufacturer of slippers, sandals, and sports & casual shoes	-	WestBridge Capital, SBI Mutual Fund	52/100
6th	Maison Margiela 2008, Paris (France), Unfunded	Internet first brand offering multi-category fashion products	-	-	51/100
7th	Christian Louboutin 1992, Paris (France), Late Stage	Designer and retailer of luxury footwear and leather goods	$644M	Exor	50/100
8th	Axel Arigato 2014, Gothenburg (Sweden), Acquired	Designer and retailer of men's and women's sneakers and footwear	$7.5M	Vaultier7, Eurazeo	49/100
9th	Walkaroo 2012, Coimbatore (India), Unfunded	Manufacturer of footwear for men, women, and children	-	-	47/100
10th	Havaianas 1962, New York City (United States), Unfunded	Original Brazilian flip-flops and sandals since 1962, offering style and comfort	-	-	46/100
13th	Inc5 Shoes 1998, Mumbai (India), Seed	Brand offering multi-category fashion products	$11.7M	Carpediem Capital, Param Capital & 7 others	48/100

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Founders (largest shareholder) own 66.33%, Funds own 11.61%, Angels own 12.38% and Other People own 3.51%. The net worth of Inc5 Shoes's founders is INR 204Cr as of Oct 14, 2025.

Shareholders Name	Post Round Holding %	Net worth	Cumulative Investment	Realised Returns	Unrealised Returns	Return Multiple
Founder	66.33%	204Cr	3037793	8683764	6650201	3860116
Fund	11.61%	35.7Cr	3607008	2488318	3632883	1784453
Carpediem Capital	4367949	6474872	7193768	1912202	6945315	5398292
P3 Green	0	0	0	0	0	0
Angel	12.38%	38.1Cr	1551099	8713533	7170080	2381879
Mukul Agarwal	6404602	5159219	3567521	4521619	8910854	6131805
Zulfikar Anwar Abdul Shakur Ansari	840	750	590	560	921	343
Other People	3.51%	10.8Cr	202	782	718	651
ESOP Pool	6.17%	19Cr	123514	994864	807313	800740
Total	100.00%	308Cr	9730459	4199327	3305409	1883418