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Miraggio - About the company

Miraggio is a series A company based in Gurugram (India), founded in 2005 by Mohit Jain. It operates as an Online retailer of handbags, shoulder bags, crossbody bags, and wallets. Miraggio has raised $7.78M in funding from investors like Client Associates, Magnetic and RPSG Capital Ventures, with a current valuation of $*****. The company has 26 active competitors, including 2 that are funded. Its top competitors include companies like Amounee, Lafoli and The Bad Billy.

Company Details

Online retailer of handbags, shoulder bags, crossbody bags, and wallets. The company offers tote, top handle, laptop, hobo, and mini bags. Also available are clutches, card holders, charms, passport covers, and travel pouches. Featured collections include holiday, summer, capsule, and gifting options.
Social
XFacebook
Email ID
*****@miraggiolife.com
Phone Number
+91 **********
Registered Address
D-6,SUSHANT LOK-2,SECTOR-56, GOLF COURSE ROAD, Gurgaon, GURGAON, Haryana, India, 122002
Key Metrics
Founded Year
2005
Location
Gurugram, India
Stage
Series A
Total Funding
$7.78M in 3 rounds
Latest Funding Round
Post Money Valuation
$***** as on May 16, 2025
Ranked
Annual Revenue
₹50 - ₹100 Cr as on Mar 31, 2025
Employee Count
104 as on Aug 31, 2025
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Miraggio's funding and investors

Miraggio has raised a total funding of $7.78M over 3 rounds. Its first funding round was on Mar 05, 2007. Its latest funding round was a Series A round on May 16, 2025 for $*****. 3 investors participated in its latest round. Miraggio has 7 institutional investors and 26 angel investors.

Here is the list of recent funding rounds of Miraggio:
Date of Funding
Funding Amount
Round Name
Post-Money Valuation
Revenue Multiple
Lead Investors
Other Investors
May 16, 2025
7336369
Series A
4966803
7493245
5412277
7636967
Nov 13, 2023
2799238
Seed
2264495
6006709
1343858
2298043
Mar 05, 2007
7611127
Angel
1453718
4005208
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Miraggio's founders and board of directors

Founder? Claim Profile
The founders of Miraggio is Mohit Jain. Mohit Jain is the CEO of Miraggio.
Here are the details of Miraggio's key team members:

Miraggio's Board of Directors

Miraggio's board has 2 active members. Mohit Jain is part of team and Usha Jain . is independent board member.
Here is the list of Miraggio's board of directors:
Name
Type
Representing
Status
Duration
Team
-
Current
7y 4m
Independent board member
-
Current
21y 3m

Miraggio's employee count trend

Miraggio has 104 employees as of Aug 25. The total employee count is 35.0% more than what it was in Aug 24. Here is Miraggio's employee count trend over the years:
Employee count trend for Miraggio
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Miraggio's Competitors and alternates

Top competitors of Miraggio include Amounee, Lafoli and The Bad Billy. Here is the list of Top 10 competitors of Miraggio, ranked by Tracxn score:
Rank
Company Details
Short Description
Total Funding
Investors
Tracxn Score
1st
Logo for Miraggio
Miraggio
2005, Gurugram (India), Series A
Online retailer of handbags, shoulder bags, crossbody bags, and wallets
$7.78M
63/100
2nd
Logo for Amounee
Amounee
2017, Ahmedabad (India), Seed
Online retailer of handloom sarees, shawls, and handicraft products
-
36/100
3rd
Logo for Lafoli
Lafoli
2024, Bengaluru (India), Funding Raised
Online retailer of handbags, totes, and related fashion accessories
-
29/100
4th
Logo for The Bad Billy
The Bad Billy
2021, Jaipur (India), Unfunded
Online fashion brand offering a wide range of recycled leather made handbags and accessories
-
-
25/100
5th
Logo for Slender Snake
Slender Snake
Ahmedabad (India), Unfunded
Retailer of wallets, handbags, and clutches made from leather
-
-
24/100
6th
Logo for Brownever
Brownever
2021, Delhi (India), Unfunded
Online fashion brand offering a wide range of leather made bags and accessories
-
-
22/100
7th
Logo for Green Hermitage
Green Hermitage
2021, Noida (India), Funding Raised
Internet first brand offering eco-friendly handbags and wallets
-
22/100
8th
Logo for Draupadi
Draupadi
Mathura (India), Unfunded
Retailer of upcycled textile products repurposing post-production sari waste materials
-
-
16/100
9th
Logo for Sri Jeevanam
Sri Jeevanam
Bengaluru (India), Unfunded
Online retailer of plant-based handbags, wallets, footwear, and office essentials
-
-
16/100
10th
Logo for Womnenmadecraft
Womnenmadecraft
Panchkula (India), Unfunded
Retailer of handcrafted fashion and lifestyle products supporting local craftsmanship
-
-
16/100
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Miraggio's Latest cap tables and shareholding

Founders (largest shareholder) own 58.55%, Funds own 29.69%, Enterprises own 0.00% and Angels own 5.25%. The net worth of Miraggio's founders is INR 132Cr as of May 16, 2025.
Shareholders Name
Post Round Holding %
Net worth
Cumulative Investment
Realised Returns
Unrealised Returns
Return Multiple
Founder
58.55%
132Cr
2614362
5584248
1876619
4532518
9792496
3751300
9142257
8692857
4528815
8923152
Fund
29.69%
66.8Cr
2533064
1001371
2833368
2006361
7699506
6251721
1674692
5123606
3120640
5498754
5025673
1671664
7711268
9119109
2286685
6363490
74611
12970
40608
19181
72401
52732
Enterprise
-
0
0
0
0
0
Angel
5.25%
11.8Cr
39815
48482
10970
19241
0
0
0
0
0
0
0
0
0
0
0
0
Other People
0.01%
2.67L
0
0
0
0
ESOP Pool
6.50%
14.6Cr
260665
890788
447798
865693
Total
100.00%
225Cr
3699998
4841898
2261496
6159710
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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 Miraggio's Shareholding

Miraggio's Investments and acquisitions

Miraggio has made no investments or acquisitions yet.

Reports related to Miraggio

Here is the latest report on Miraggio's sector:

News related to Miraggio

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Media has covered Miraggio for a total of 2 events in the last 1 year, 1 of them has been about company updates.
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FAQs about Miraggio

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