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INCLUD - About the company

INCLUD is a seed company based in Gurugram (India), founded in 2023 by Ashwin Rastogi and Ruhani Aggarwal. It operates as an Internet first multi-category platform offering apparel, toys, school supplies & nursery. INCLUD has raised $4.38M in funding from investors like Incubate Fund India, Stride Ventures and 3one4 Capital, with a current valuation of ₹*****. The company has 230 active competitors, including 20 funded and 5 that have exited. Its top competitors include companies like Hopscotch, R for Rabbit and Mylo.

Company Details

Internet first multi-category platform offering apparel, toys, school supplies & nursery.
Website
includ.com
Social
Facebook
Email ID
*****@aspbrands.com
Phone Number
+91 **********
Part Of
Registered Address
UNIT NO. 500, 5TH FLOOR, ITL TWIN TOWER, PLOT NO-B-9, NSP PITAMPURA, New Delhi, DELHI, Delhi, India, 110034
Key Metrics
Founded Year
2023
Location
Gurugram, India
Stage
Seed
Total Funding
$4.38M in 4 rounds
Latest Funding Round
Post Money Valuation
₹***** as on Jun 17, 2026
Ranked
Annual Revenue
₹10 - ₹50 Cr as on Mar 31, 2026
Employee Count
60 as on Aug 31, 2026
Similar Companies
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INCLUD's funding and investors

INCLUD has raised a total funding of $4.38M over 4 rounds. Its first funding round was on Aug 08, 2023. Its latest funding round was a Seed round on Jun 17, 2026 for $*****. 1 investor participated in its latest round. INCLUD has 10 institutional investors and 6 angel investors.

Here is the list of recent funding rounds of INCLUD:lockFilter this list
Date of Funding
Funding Amount
Round Name
Post-Money Valuation
Revenue Multiple
Lead Investors
Other Investors
Jun 17, 2026
8888719
Seed
7146294
9345077
8509316
5372879
Jun 30, 2025
2364662
Seed
2070947
8002770
4723029
Apr 05, 2024
6403401
Seed
5932405
7299369
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INCLUD's founders and board of directors

Founder? Claim Profile
The founders of INCLUD are Ashwin Rastogi and Ruhani Aggarwal. Ashwin Rastogi is the CEO of INCLUD.
Here are the details of INCLUD's key team members:

INCLUD's Board of Directors

INCLUD's board has 2 active members. Ashwin Rastogi and Suraj Nathani are part of team.
Here is the list of INCLUD's board of directors:
Name
Type
Representing
Status
Duration
Team
-
Current
5y 0m
Team
-
Current
4y 0m

INCLUD's employee count trend

INCLUD has 60 employees as of Aug 26. The total employee count is 76.0% more than what it was in Aug 25. Here is INCLUD's employee count trend over the years:
Employee count trend for INCLUD
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INCLUD's Competitors and alternates

Top competitors of INCLUD include Hopscotch, R for Rabbit and Mylo. Here is the list of Top 10 competitors of INCLUD, ranked by Tracxn score:
Rank
Company Details
Short Description
Total Funding
Investors
Tracxn Score
1st
Logo for Hopscotch
Hopscotch
2012, Thane (India), Series D
Internet first brand offering kids and baby products
$71M
63/100
2nd
Logo for R for Rabbit
R for Rabbit
2014, Ahmedabad (India), Series B
Internet first brand offering multi-category baby care products
$19.4M
63/100
3rd
Logo for Mylo
Mylo
2018, Gurugram (India), Series B
Retailer of baby, mom, and pregnancy essential products online
$28.4M
63/100
4th
Logo for Kidbea
Kidbea
2021, Noida (India), Series A
Chains providing sustainable bamboo and organic cotton apparel for children
$4.63M
60/100
5th
Logo for Plan B
Plan B
2018, Thane (India), Seed
Retailer of innerwear and casual clothing for children and preteens
$907K
56/100
6th
Logo for INCLUD
INCLUD
2023, Gurugram (India), Seed
Internet first multi-category platform offering apparel, toys, school supplies & nursery
$4.38M
56/100
7th
Logo for Babyhug
Babyhug
2014, India, Unfunded
Internet first brand offering multi-category products for kids
-
-
52/100
8th
Logo for Blupin Technologies
Blupin Technologies
2017, Gurugram (India), Seed
Platform offering mom and baby products and services
$5.23M
 
49/100
9th
Logo for Baby Forest
Baby Forest
2022, Delhi (India), Unfunded
Retailer of ayurvedic products formulated for newborn baby care needs
-
-
49/100
10th
Logo for Ed-a-Mamma
Ed-a-Mamma
2020, Mumbai (India), Acquired
Internet first brand offering eco-friendly apparel for kids and mom
$4.9M
47/100
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INCLUD's Latest cap tables and shareholding

Founders (largest shareholder) own 53.10%, Funds own 36.86%, Enterprises own 1.34% and Angels own 0.91%. The net worth of INCLUD's founders is INR 62Cr as of Jun 17, 2026. The cap table displayed below is for Aspiring Brands Private Limited which is the legal entity associated with INCLUD.
Shareholders Name
Post Round Holding %
Net worth
Cumulative Investment
Realised Returns
Unrealised Returns
Return Multiple
Founder
53.10%
62Cr
5796028
5234155
6771453
6478604
8013292
8256197
6444976
6429175
5754123
7306103
Fund
36.86%
43.7Cr
6860908
5752533
9987301
9309979
1671299
2850773
2965369
9851788
8828952
3448352
3209142
9590516
8779944
3927678
2843639
8528305
89230
35360
92713
81304
96872
81813
0
0
0
0
0
0
0
0
0
0
0
0
Enterprise
1.34%
1.56Cr
7
7
3
3
Angel
0.91%
1.06Cr
0
0
0
0
ESOP Pool
7.80%
9.11Cr
1498479
6295509
6927639
2232453
Total
100.00%
117Cr
2327824
9322183
4331126
4179463
Notes: The column Net Worth represents the net worth of investments made by that entity, as per the latest cap table.
Disclaimer
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shareholding pattern of this entity
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Download Sample Files
What documents will you get?
  • Latest Shareholding Summary - Ownership breakdown across founders, investors, and other stakeholders
  • Round-by-Round Cap Tables - Evolution of shareholding across funding rounds
  • Year-on-Year Cap Tables - Dilution trends over time

INCLUD's Investments and acquisitions

INCLUD has made no investments or acquisitions yet.

Reports related to INCLUD

Here is the latest report on INCLUD's sector:

News related to INCLUD

Media has covered INCLUD for 1 event in last 1 year.
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FAQs about INCLUD

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