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INCLUD - About the company

INCLUD is a seed company based in Gurugram (India), founded in 2021 by Ashwin Rastogi. It operates as an Internet first brand offering apparel for babies and kids. INCLUD has raised $4.86M in funding from investors like Incubate Fund India, 3one4 Capital and EscapeVelocity, with a current valuation of *****. The company has 229 active competitors, including 17 funded and 5 that have exited. Its top competitors include companies like Mylo, Hopscotch and R for Rabbit.

Company Details

Internet first brand offering apparel for babies and kids. The product catalog includes beachwear, innerwear leggings, skirts, sweatshirts, cardigans, t-shirts, shirts, jeans, hoodies, and more.
Website
includ.com
Social
Facebook
Email ID
*****@includ.com
Phone Number
+91 **********
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
2021
Location
Gurugram, India
Stage
Seed
Total Funding
$4.86M in 3 rounds
Latest Funding Round
Post Money Valuation
***** as on Jul 29, 2025
Ranked
Annual Revenue
₹29.2Cr as on Mar 31, 2025
Employee Count
34 as on Aug 31, 2025
Similar Companies
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INCLUD's funding and investors

INCLUD has raised a total funding of $4.86M over 3 rounds. Its first funding round was on Aug 08, 2023. Its latest funding round was a Seed round on Jun 30, 2025 for $*****. 4 investors participated in its latest round. INCLUD has 10 institutional investors and 6 angel investors.

Here is the list of recent funding rounds of INCLUD:
Date of Funding
Funding Amount
Round Name
Post-Money Valuation
Revenue Multiple
Lead Investors
Other Investors
Jun 30, 2025
5240578
Seed
8911497
7736076
7624557
2266834
Apr 05, 2024
6169494
Seed
9648897
1981639
9152804
Aug 08, 2023
7702530
Seed
4887181
4459525
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INCLUD's founders and board of directors

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

INCLUD's employee count trend

INCLUD has 34 employees as of Aug 25. The total employee count is 62.0% more than what it was in Aug 24. 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 Mylo, Hopscotch and R for Rabbit. 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 Mylo
Mylo
2018, Gurugram (India), Series B
Retailer of baby, mom, and pregnancy essential products online
$28.4M
65/100
2nd
Logo for Hopscotch
Hopscotch
2012, Thane (India), Series D
Internet first brand offering kids and baby products
$71M
64/100
3rd
Logo for R for Rabbit
R for Rabbit
2014, Ahmedabad (India), Series B
Internet first brand offering multi-category baby care products
$33.6M
63/100
4th
Logo for INCLUD
INCLUD
2021, Gurugram (India), Seed
Internet first brand offering apparel for babies and kids
$4.86M
62/100
5th
Logo for Plan B
Plan B
2018, Thane (India), Seed
Retailer of innerwear, casuals, accessories for preteen girls, girls, boys
$728K
56/100
6th
Logo for Kidbea
Kidbea
2021, Noida (India), Series A
Retailer of plant-based apparel and accessories for infants and children
$1.24M
55/100
7th
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
54/100
8th
Logo for Babyhug
Babyhug
2014, India, Unfunded
Internet first brand offering multi-category products for kids
-
-
52/100
9th
Logo for LuvLap
LuvLap
1999, Kolkata (India), Unfunded
Internet-first brand offering multi-category baby care products
-
-
48/100
10th
Logo for Orange Sugar
Orange Sugar
2022, Bengaluru (India), Seed
Online fashion brand offering multi-category apparel for kids
$483K
47/100
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INCLUD's Latest cap tables and shareholding

Founders (largest shareholder) own 57.29%, Funds own 39.53%, Enterprises own 1.44% and Angels own 0.98%. The net worth of INCLUD's founders is INR 62Cr as of Jul 29, 2025.
Shareholders Name
Post Round Holding %
Net worth
Cumulative Investment
Realised Returns
Unrealised Returns
Return Multiple
Founder
57.29%
62Cr
7047254
3365077
6306232
1295379
6724120
9852060
6341991
9039479
1544530
2394897
Fund
39.53%
42.8Cr
8910725
5339495
6683525
2751322
5548485
9512823
5421149
8547264
8935537
2892056
1
6
1
5
4
3
2915109
9335650
6994507
5300296
7075181
9135829
80923
89938
35728
60981
79808
15393
0
0
0
0
0
0
Enterprise
1.44%
1.56Cr
5
1
6
5
Angel
0.98%
1.06Cr
0
0
0
0
ESOP Pool
0.75%
81.5L
0
0
0
0
Total
100.00%
108Cr
3705939
1484276
7825507
5612258
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Notes: The column Net Worth represents the net worth of investments made by that entity, as per the latest cap table.
Disclaimer
View more details of INCLUD's Shareholding

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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