Where is Manyavar located?

Manyavar is headquartered in Kolkata, India. It is registered at Paridhan Garment Park 19 Canal South Road,SDF-1,4th Floor,A501, -A502, Kolkata, West Bengal, India, 700015.

Which legal entities is Manyavar associated with?

Manyavar is associated with MANYAVAR CREATIONS PRIVATE LIMITED and 2 others.

How many employees does Manyavar have?

As of Aug 31, 2025, Manyavar has 526 employees, reflecting a 10% year-over-year decline in headcount.

Is Manyavar a funded company?

Manyavar is a funded company, having raised a total of $***** in its 1st and only funding round.

How much is Manyavar worth?

The latest valuation of Manyavar is ₹***** as of Aug 24, 2017.

What is the annual revenue of Manyavar?

Annual revenue of Manyavar is ₹1,470Cr as on Mar 31, 2025.

Where does Manyavar rank among its competitors?

Manyavar ranks 8th amongst 125 active competitors, of which 5 are funded. It stands 9th in terms of total funding among its competitors. The most recent competitor to raise funding was Ethnicity, which secured $22.7M in Sep, 2025.

Who are the top competitors of Manyavar?

Manyavar's top competitors include Fabindia, Vedant Fashions and KALKI. Among them, Ethnicity secured the most recent funding round in September, 2025.

Manyavar - 2026 Company Profile, Team, Competitors & Financials

Manyavar is an unfunded company based in Kolkata (India), founded in 1999 by Ravi Modi, Ajay Modi, Shilpi Modi and Usha Devi Modi. It operates as a Retailer of Indian celebration wear for men, women, and kids. Manyavar has not raised any funding yet, with a current valuation of ₹*****. The company has 125 active competitors, including 5 funded and 3 that have exited. Its top competitors include companies like Fabindia, Vedant Fashions and KALKI.

Company Details

Retailer of Indian celebration wear for men, women, and kids. They offer a variety of clothing options, including kurtas, sherwanis, lehengas, and sarees. Accessories such as safas, malas, and jutis are also available. Customers can shop by occasion, collection, or product type.

Website: www.manyavar.com/en-us
Social
Email ID: *****@manyavar.com
Phone Number: +91 **********
Part Of
Registered Address: Paridhan Garment Park 19 Canal South Road,SDF-1,4th Floor,A501, -A502, Kolkata, West Bengal, India, 700015

Key Metrics

Founded Year

1999

Location

Kolkata, India

Stage

Unfunded

Post Money Valuation

₹***** as on Aug 24, 2017

Ranked

8^th among 125 active competitors

Annual Revenue

₹1,470Cr as on Mar 31, 2025

Employee Count

526 as on Aug 31, 2025

Similar Companies

Fabindia & 114 more

View Manyavar's full profile

Manyavar is associated with 3 legal entities given below:

Legal Entity Name	Date of Incorporation	Revenue	Latest Employee Count
MANYAVAR CREATIONS PRIVATE LIMITED CIN: U17299WB2017PTC219874 , India, Active	Mar 10, 2017	$661K (As on Mar 31, 2024)	1 (As on Nov 30, 2024)
Vedant Fashions Limited CIN: L51311WB2002PLC094677 , India, Active	May 24, 2002	$174M (As on Mar 31, 2025)	526 (As on Aug 01, 2025)
MOHEY FASHIONS PRIVATE LIMITED CIN: U17121WB2015PTC208877 , India, Active	Dec 16, 2015	$361 (As on Mar 31, 2025)	-

Manyavar has not raised any funding rounds yet.

The founders of Manyavar are Ravi Modi, Ajay Modi, Shilpi Modi and Usha Devi Modi.

Here are the details of Manyavar's key team members:

Ravi Modi: Founder & Managing Director of Manyavar and founder of 2 other companies, and Vedant Fashions. They are also an angel investor in 4 startups.
Contact Info: 2 email addresses
Ajay Modi: Director of Manyavar.
Contact Info: 1 email address
Shilpi Modi: Director of Manyavar. They are also an angel investor in 1 startup.
Contact Info: 1 email address
Usha Devi Modi: Director of Manyavar.

View details of Manyavar's Founder profiles and Board Members

Manyavar's employee count trend

Manyavar has 526 employees as of Aug 25. The total employee count is 11.0% lower than what it was in Aug 24. Here is Manyavar's employee count trend over the years:

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Top competitors of Manyavar include Fabindia, Vedant Fashions and KALKI. Here is the list of Top 10 competitors of Manyavar, ranked by Tracxn score:

Rank	Company Details	Short Description	Total Funding	Investors	Tracxn Score
1st	Fabindia 1960, Delhi (India), Series B	Retailer of ethnic wear, home furniture, and home decor products	$45.8M	Premji Invest, Wolfensohn Capital Partners ... & 30 others	73/100
2nd	Vedant Fashions 2002, Kolkata (India), Public	Brand of wedding and celebration wear	$42M	Kedaara, Matajeeexport & 94 others	57/100
3rd	KALKI 2007, Mumbai (India), Late Stage	Retail chain of Indian ethnic wear for women, men, and children	$26.4M	Parichay Commotrade, Lighthouse & 2 others	55/100
4th	Indya 2016, Noida (India), Funding Raised	Multi channel fashion brand offering a range of traditional and contemporary ethnic wear	-	Lighthouse Canton, Elevation Capital	49/100
5th	Ethnicity 2008, Mumbai (India), Series B	Ethnic apparel brand for women and men	$68.7M	Ever Finance and Investment, Capri Loans ... & 94 others	47/100
6th	Shree 2009, Delhi (India), Series A	Online retailer of women’s ethnic clothing, dresses, and coordinated sets	$11.5M	OAKS & 118 others	44/100
7th	Frontier Raas 1954, Delhi (India), Unfunded	Internet first brand offering ethnic wear for men and women	-	-	37/100
8th	Manyavar 1999, Kolkata (India), Unfunded	Retailer of Indian celebration wear for men, women, and kids	-	-	36/100
9th	Net Avenue Technologies 1998, Chennai (India), Public	E-tailer of ethnic Indian clothing and jewelry via online platforms	$7.38M	Athera, Ojas Venture Partners & 13 others	36/100
10th	Pothys 1923, Chennai (India), Unfunded	Provides ethnic wear apparel for women,men and kids	-	-	36/100