Manyavar - About the company
Manyavar is a funded company based in Kolkata (India), founded in 1999 by Ravi Modi, Ajay Modi, Shilpi Modi and Usha Devi Modi. It operates as a Chains providing traditional ethnic wear and celebration attire for men, women, and children. , with a current valuation of ₹*****. The company has 193 active competitors, including 4 funded and 6 that have exited. Its top competitors include companies like KALKI, House of Chikankari and Vedant Fashions.
Company Details
Chains providing traditional ethnic wear and celebration attire for men, women, and children. The company offers a wide range of garments including sherwanis, kurta sets, indo-western outfits, lehengas, and sarees. These collections are designed for weddings, festivals, and various celebratory occasions. The business also provides a selection of matching accessories to complement its apparel lines.
- Website
- www.manyavar.com/en-us
- Social
- Email ID
- *****@vedantfashions.com
- Phone Number
- +91 **********
- 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
Funding Raised
Post Money Valuation
₹***** as on Aug 24, 2017
Investors
Ranked
9th among 193 active competitors
Annual Revenue
₹1,000+ Cr as on Mar 31, 2026
Employee Count
482 as on May 31, 2026
Legal entities associated with Manyavar
Manyavar is associated with 3 legal entities given below:
Legal Entity Name | Date of Incorporation | Revenue | Latest Employee Count | Reports |
|---|---|---|---|---|
MANYAVAR CREATIONS PRIVATE LIMITED CIN: U17299WB2017PTC219874 , India, Amalgamated | Mar 10, 2017 | 0 - ₹10 Cr (As on Mar 31, 2024) | 1 (As on Nov 30, 2024) | |
MOHEY FASHIONS PRIVATE LIMITED CIN: U17121WB2015PTC208877 , India, Active | Dec 16, 2015 | 0 - ₹10 Cr (As on Mar 31, 2025) | - | |
Vedant Fashions Limited CIN: L51311WB2002PLC094677 , India, Active | May 24, 2002 | ₹1,000+ Cr (As on Mar 31, 2026) | 482 (As on May 31, 2026) |
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Manyavar's funding and investors
Manyavar is a funded company. Manyavar has 1 institutional investor.
View details of Manyavar's funding rounds and investors
Manyavar's founders and board of directors
Founder? Claim ProfileHere are the details of Manyavar's key team members:
- Ravi Modi: Founder & Managing Director of Manyavar and founder of 2 other companies, Ravi Modi Family Trust and Vedant Fashions. They are also an angel investor in 4 startups.Contact Info: 2 email addresses and 1 phone number
- Ajay Modi: Director of Manyavar. Contact Info: 1 email address and 1 phone number
- 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.
Manyavar's Board of Directors
Manyavar's board has 8 active members. Sunish Sharma, Ravi Modi and Shilpi Modi are part of team and Nihir Parikh, Neetu Kashiramka, Manish Mahendra Choksi, Nihir Parikh and Neetu Kashiramka are independent board members.Here is the list of Manyavar's board of directors:
Name | Type | Representing | Status | Duration |
|---|---|---|---|---|
Team | - | Current | 24y 5m | |
ndoevuh | Team | - | Current | 4y 4m |
varigaj | Team | - | Current | 8y 6m |
Independent board member | - | Current | 0y 2m | |
rehrzvr | Independent board member | - | Current | 6y 1m |
ekk{bir | Independent board member | - | Current | 9y 7m |
cflj{iy | Independent board member | - | Current | 5y 5m |
bxkqbuw | Independent board member | - | Current | 8y 6m |
View details of Manyavar's Founder profiles and Board Members
Manyavar's employee count trend
Manyavar has 482 employees as of May 26. The total employee count is 16.0% lower than what it was in May 25. Here is Manyavar's employee count trend over the years:
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Manyavar's Competitors and alternates
Top competitors of Manyavar include KALKI, House of Chikankari and Vedant Fashions. Here is the list of Top 10 competitors of Manyavar, ranked by Tracxn score:
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Rank | Company Details | Short Description | Total Funding | Investors | Tracxn Score |
|---|---|---|---|---|---|
1st | Retail chain of Indian ethnic wear for women, men, and children | $26.4M | 65/100 | ||
2nd |  House of Chikankari 2020, Delhi (India), Series A | Provider of hand-embroidered Chikankari apparel for men and women | $3.35M | 58/100 | |
3rd |  Vedant Fashions 2002, Kolkata (India), Public | Retail chains providing traditional wedding and celebration wear for families | $42M | 57/100 | |
4th | Designer blouses and sarees online retailer | - | - | 55/100 | |
5th | Ethnic apparel brand for women and men | $68.7M | 51/100 | ||
6th | House of Masaba 2009, Mumbai (India), Acquired | Online retailer of womenswear, menswear, jewellery, and bridal collections | $1M | 50/100 | |
7th | Multi channel fashion brand offering a range of traditional and contemporary ethnic wear | - | 46/100 | ||
8th | Neerus Ensembles 1971, Hyderabad (India), Unfunded | Retailer of women's ethnic wear and bridal apparel | - | - | 44/100 |
9th | Chains providing traditional ethnic wear and celebration attire for men, women, and children | - | 40/100 | ||
10th | Online platform offering multi-category fashion products for womens | - | - | 42/100 |
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Manyavar's Investments and acquisitions
Manyavar has made no investments or acquisitions yet.
Reports related to Manyavar
Here is the latest report on Manyavar's sector:
News related to Manyavar
Filter this listMedia has covered Manyavar for a total of 2 events in the last 1 year, 2 of them have been about company updates.
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Manyavar campaign crosses 300 million views in 72 hours across platformsBusiness Line•Mar 09, 2026•Manyavar
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Vedant Fashions promoter plans to sell 7% stake for Rs 1,962 croreBusiness Standard•May 17, 2023•Vedant Fashions, Manyavar
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Mirum India & Wunderman Thompson Commerce partners with ManyavarAdgully•Mar 13, 2023•Mirum India, Wunderman Thompson, Manyavar
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Vedant Fashions IPO: What GMP signals on last day of subscriptionMint•Feb 08, 2022•Vedant Fashions, AXIS Capital, Edelweiss, ICICI Securities and 3 others
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Dreamfolks Services files draft papers with Sebi to raise funds via IPOIndiatimes•Jan 24, 2022•Vedant Fashions, SEBI, Axis Capital, Edelweiss and 3 others
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