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Mufti - About the company

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 2038 active competitors, including 67 funded and 77 that have exited. Its top competitors include companies like Bewakoof, SNITCH and The Bear House.

Company Details

Social
XFacebook
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
Post Money Valuation
***** as on Nov 30, 2009
Ranked
Annual Revenue
₹624Cr as on Mar 31, 2025
Employee Count
16 as on Jan 31, 2025
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Mufti's funding and investors

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
1094032
Series A
6446448
8914113
5288588
2406473
Sep 19, 2008
1614351
Series A
8663572
9873044
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Mufti's founders and board of directors

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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:
Employee count trend for Mufti
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Mufti's Competitors and alternates

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
Logo for Bewakoof
Bewakoof
2011, Mumbai (India), Acquired
Online retailer of fashion apparel and accessories for men and women
$39.5M
76/100
2nd
Logo for SNITCH
SNITCH
2018, Bengaluru (India), Series B
Internet first brand offering casual wear for men
$53.3M
74/100
3rd
Logo for The Bear House
The Bear House
2017, Bengaluru (India), Series A
Retailer of men's apparel and accessories
$5.95M
73/100
4th
Logo for XYXX
XYXX
2017, Surat (India), Series C
Online retailer of clothing, apparel, and innerwear items for men
$38.8M
70/100
5th
Logo for Purple Style Labs
Purple Style Labs
2015, Mumbai (India), Series E
Online retailer of curated selections in luxury fashion and design
$72.5M
70/100
6th
Logo for Style Baazar
Style Baazar
2013, Howrah (India), Public
Retail chain of clothing and accessories
$22.4M
69/100
7th
Logo for Inditex
Inditex
1974, Arteixo (Spain), Acquired
Retailer of fashion products
-
68/100
8th
Logo for Westside
Westside
1994, Mumbai (India), Public
Internet first brand of casual apparel for men and women
-
-
67/100
9th
Logo for American Eagle Outfitters
American Eagle Outfitters
1977, Pittsburgh (United States), Funding Raised
Company offering multi-category fashion products for men and women
-
67/100
10th
Logo for Abercrombie and Fitch
Abercrombie and Fitch
1892, Columbus (United States), Acquired
Internet first brand of fashion apparel wear for men and women
-
-
66/100
72nd
Logo for Mufti
Mufti
1998, Mumbai (India), Series A
Internet first brand of apparel for men
$2.79M
44/100
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Mufti's Latest cap tables and shareholding

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.
Shareholders Name
Post Round Holding %
Net worth
Cumulative Investment
Realised Returns
Unrealised Returns
Return Multiple
Founder
28.34%
28Cr
6975361
1004368
6923162
3317961
Fund
13.44%
13.3Cr
2716648
8948712
9595448
7815285
834
961
267
570
673
214
0
0
0
0
0
0
Enterprise
4.24%
4.2Cr
1475
9209
2740
9162
Other People
53.99%
53.4Cr
3272311
4204215
8300451
7066734
Total
100.00%
98.9Cr
2271365
2798368
9593299
5379901
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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 Mufti's Shareholding

Mufti's Investments and acquisitions

Mufti has made no investments or acquisitions yet.

News related to Mufti

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Mufti launches Raipur store in Ambuja MallFashion NetworkOct 21, 2024Mufti
Mufti opens new store in LucknowFashion NetworkDec 21, 2022Mufti
Mufti aims to double its revenue by 2025Fashion NetworkJan 24, 2020Mufti
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