When was Mufti founded?

Mufti was founded in 1998 and raised its 1st funding round 10 years after it was founded.

Where is Mufti located?

Mufti is headquartered in Mumbai, India. It is registered at B 8, MIDC CENTRAL ROAD, MAROL, NEXT TO MIDC POLICE STATION, ANDHERI (E), , Mumbai City, ANDHERI, Maharashtra, India, 400093.

Which legal entities is Mufti associated with?

Mufti is associated with Credo Brands Marketing Limited.

How many employees does Mufti have?

As of Jan 31, 2025, the latest employee count at Mufti is 16.

Is Mufti a funded company?

Mufti is a funded company, having raised a total of $2.79M across 2 funding rounds to date. The company's 1st funding round was a $***** Series A round, raised on Sep 19, 2008.

How much is Mufti worth?

The latest valuation of Mufti is ₹***** as of Nov 30, 2009.

When was the latest funding round of Mufti?

Mufti's latest funding was a $***** Series A round on Nov 30, 2009, with participation from 1 investor. Its primary sector is Apparel Brands. In India, the Apparel Brands sector has seen $128M in funding in 2026 to date.

What is the annual revenue of Mufti?

Annual revenue of Mufti is between ₹500 Cr and ₹1,000 Cr as on Mar 31, 2026

Where does Mufti rank among its competitors?

Mufti ranks 116th amongst 2411 active competitors, of which 75 are funded. It stands 7th in terms of total funding among its competitors. The most recent competitor to raise funding was The Bear House, which secured $1.25M in Sep, 2026.

Who are the top competitors of Mufti?

Mufti's top competitors include Bewakoof, Snitch and The Bear House. Among them, The Bear House secured the most recent funding round in September, 2026.

Mufti - 2026 Company Profile, Funding, Competitors & Financials

Mufti is a series A company based in Mumbai (India), founded in 1998. It operates as an Internet first brand of apparel for men. Mufti has raised $2.79M in funding from Brand Capital, with a current valuation of ₹*****. The company has 2411 active competitors, including 75 funded and 71 that have exited. Its top competitors include companies like Bewakoof, Snitch and The Bear House.

Company Details

Website: www.muftijeans.in/
Social
Email ID: *****@mufti.in
Phone Number: +91 **********
Part Of
Registered Address: B 8, MIDC CENTRAL ROAD, MAROL, NEXT TO MIDC POLICE STATION, ANDHERI (E), , Mumbai City, ANDHERI, Maharashtra, India, 400093

Key Metrics

Founded Year

1998

Location

Mumbai, India

Stage

Series A

Total Funding

$2.79M in 2 rounds

Latest Funding Round

Series A, Nov 30, 2009, $*****

Post Money Valuation

₹***** as on Nov 30, 2009

Investors

Brand Capital & 7 more

Ranked

116^th among 2411 active competitors

Annual Revenue

₹500 - ₹1,000 Cr as on Mar 31, 2026

Employee Count

16 as on Jan 31, 2025

Similar Companies

SUITSUPPLY & 1079 more

View Mufti's full profile

Mufti is associated with 1 legal entity given below:

Legal Entity Name	Date of Incorporation	Revenue	Latest Employee Count	Reports
Credo Brands Marketing Limited CIN: L18101MH1999PLC119669 , India, Active	Apr 29, 1999	₹500 - ₹1,000 Cr (As on Mar 31, 2026)	16 (As on Dec 31, 2024)

Mufti has raised a total funding of $2.79M over 2 rounds. Its first funding round was on Sep 19, 2008. Its latest funding round was a Series A round on Nov 30, 2009 for $*****. 1 investor participated in its latest round. Mufti has 4 institutional investors and 4 angel investors.

Here is the list of recent funding rounds of Mufti:

Date of Funding	Funding Amount	Round Name	Post-Money Valuation	Revenue Multiple	Lead Investors	Other Investors
Nov 30, 2009	9608048	Series A	5903800	5880487	4295962	6143788
Sep 19, 2008	2215994	Series A	1233290	6791441	Brand Capital	Dharmayug Investments & 1 more

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View details of Mufti's funding rounds and investors

Mufti's employee count trend

Mufti has 16 employees as of Jan 25. The total employee count is the same as what it was in Jan 24. Here is Mufti's employee count trend over the years:

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Top competitors of Mufti include Bewakoof, Snitch and The Bear House. Here is the list of Top 10 competitors of Mufti, ranked by Tracxn score:

Rank	Company Details	Short Description	Total Funding	Investors	Tracxn Score
1st	Bewakoof 2011, Bhiwandi (India), Acquired	Online retailer of fashion apparel and accessories for men and women	$25.9M	Aarti Industries, Uniqorn Ventures & 57 others	78/100
2nd	Snitch 2020, Bengaluru (India), Series B	Retailer of men fashion apparel	$47.7M	360 One, IvyCap Ventures & 6 others	77/100
3rd	The Bear House 2017, Bengaluru (India), Series A	Retailer of premium men's apparel and accessories	$8.43M	Trifecta Capital, JM Financial Private Equity ... & 10 others	74/100
4th	Fabindia 1960, Delhi (India), Series B	Internet first brand of ethnic wear, home furniture, and home decor products	$46.2M	Premji Invest, Wolfensohn Capital Partners ... & 30 others	71/100
5th	PVH Corp 1881, New York City (United States), Public	Brand of fashion apparel wear for men and women	-	Apax, LNK Partners & 2 others	70/100
6th	American Eagle Outfitters 1977, Pittsburgh (United States), Funding Raised	Company offering multi-category fashion products for men and women	-	Terbell Partners, PNC	69/100
7th	The Souled Store 2013, Mumbai (India), Series C	Retailer of apparel and accessories for men and women	$27.6M	Elevation Capital, Xponentia Capital & 59 others	69/100
8th	Inditex 1974, Arteixo (Spain), Acquired	Retailer of fashion products	-	Europa, Gov.cz	68/100
9th	Style Baazar 2013, Kolkata (India), Public	Retail chain of clothing and accessories	$22.4M	Chandurkar Investments, Intensive Fiscal Services ... & 39 others	67/100
10th	ABFRL 2007, Mumbai (India), Public	Retailer of a diverse portfolio of fashion brands and retail formats across multiple high-growth segments	-	Fidelity Investments, GIC & 2 others	67/100
116th	Mufti 1998, Mumbai (India), Series A	Internet first brand of apparel for men	$2.79M	Brand Capital, Dharmayug Investments & 6 others	40/100

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Credo Brands Marketing Limited, the legal entity associated with Mufti, generated between ₹500 Cr and ₹1,000 Cr in revenue for the financial year ending on Mar 31, 2026. The revenue of Credo Brands Marketing Limited has a compounded annual growth rate (CAGR) of -3% in the last 1 year.

Financial Statement Summary

Metrics	FY 2025-26	FY 2024-25	FY 2023-24	FY 2022-23	FY 2021-22
Income Statement
Revenue	1079	7131	2403	7226	5853
Total Sales	1645	9526	3745	9820	8091
Total Expenses	6216	5652	5696	7997	2584
Operating Expenses	5277	7926	9300	1287	5309
Employee Expenses	3613	7488	1132	5397	5293
Marketing Expenses	1348	3211	6370	6114	8528
Operating Income (EBIT)	7271	5460	5184	1253	3131
Interest Expenses	7563	5962	2998	7864	6565
Expenses from other activities	2761	8874	9923	6645	8986
Information Technology Expenses	5867	5221	8497	5427	6198
EBITDA	3798	7579	4794	3700	7393
Taxes	5503	1688	2741	1050	9025
Net Profit	6767	6554	4862	5286	1491
Balance Sheet
Assets	7945	5548	8789	8568	6187
Cash Equivalent	9952	3844	7338	3477	3140
Accounts Receivables	7044	2812	4549	8217	2773
Inventory	2184	1018	3928	3111	3594
Liabilities	8125	6644	2869	6546	3334
Total Debt	2613	6628	6652	8250	6809
Accounts Payable	2294	5001	2724	1292	8451
Equities	1298	7857	7700	5159	6550
Cashflow Statement
Cash from Operating activities	9194	9040	3399	9464	7155
Cash from Investing activities	4812	5808	5076	5288	8295
Net cash from Financing activities	1970	9726	6240	1607	1346

Detailed Financials (Income Statement, Balance Sheet, Cashflow Statement)

Founders own 28.34%, Funds own 13.44%, Enterprises own 4.24% and Other People (largest shareholder) own 53.99%. The net worth of Mufti's founders is INR 28Cr as of Nov 30, 2009. The cap table displayed below is for Credo Brands Marketing Limited which is the legal entity associated with Mufti.

Shareholders Name	Post Round Holding %	Net worth	Cumulative Investment	Realised Returns	Unrealised Returns	Return Multiple
Founder	28.34%	28Cr	8770414	8181991	9657980	2753203
Fund	13.44%	13.3Cr	8775700	8604093	4425139	3687309
Brand Capital	798	374	940	744	985	566
Dharmayug Investments	0	0	0	0	0	0
Enterprise	4.24%	4.2Cr	6196	1310	9189	4059
Other People	53.99%	53.4Cr	9307029	7553683	2095889	9191378
Total	100.00%	98.9Cr	4997817	3944472	9380942	6662017