When was Shyaway founded?

Shyaway was founded in 2015 and raised its 1st funding round 5 years after it was founded.

Where is Shyaway located?

Shyaway is headquartered in Chennai, India.

Which legal entities is Shyaway associated with?

Shyaway is associated with GENXLEAD RETAIL PRIVATE LIMITED and 1 other.

How many employees does Shyaway have?

As of Apr 30, 2026, the latest employee count at Shyaway is 307.

Is Shyaway a funded company?

Shyaway is a funded company, having raised a total of $640K across 2 funding rounds to date. The company's 1st funding round was a $***** Seed round, raised on Jan 09, 2020.

How much is Shyaway worth?

The latest valuation of Shyaway is $***** as of Jun 17, 2024.

When was the latest funding round of Shyaway?

Shyaway's latest funding was a $***** Seed round on Mar 10, 2021, with participation from 1 investor.

What is the annual revenue of Shyaway?

Annual revenue of Shyaway is between ₹10 Cr and ₹50 Cr as on Mar 31, 2023

Where does Shyaway rank among its competitors?

Shyaway ranks 3rd amongst 90 active competitors, of which 9 are funded. It stands 9th in terms of total funding among its competitors. The most recent competitor to raise funding was MHYTH, which secured $600K in May, 2026.

Who are the top competitors of Shyaway?

Shyaway's top competitors include Zivame, Clovia and Krvvy. Among them, MHYTH secured the most recent funding round in May, 2026.

Shyaway - 2026 Company Profile, Team, Funding, Competitors & Financials

Shyaway is a seed company based in Chennai (India), founded in 2015 by Sanjay Dangi. It operates as a Retailer of women lingerie sleepwear sportswear and various body shapewear. Shyaway has raised $640K in funding, with a current valuation of $*****. The company has 90 active competitors, including 9 funded and 4 that have exited. Its top competitors include companies like Zivame, Clovia and Krvvy.

Company Details

Retailer of women lingerie sleepwear sportswear and various body shapewear. This business sells bras, panties, and matching sets designed for different support needs and coverage preferences. The inventory includes activewear such as sports bras, leggings, and jackets intended for exercise routines. Additionally, the product selection features sleepwear items like nightgowns and robes, alongside various garments designed to provide a sculpted silhouette. Customers can purchase these items through an online store or at multiple physical retail locations.

Website: www.shyaway.com/
Social
Email ID: *****@shyaway.com
Phone Number: +91 **********, +91 **********

Key Metrics

Founded Year

2015

Location

Chennai, India

Stage

Seed

Total Funding

$640K in 2 rounds

Latest Funding Round

Seed, Mar 10, 2021, $*****

Post Money Valuation

$***** as on Jun 17, 2024

Investors

Altis Resources & 2 more

Ranked

3^rd among 90 active competitors

Annual Revenue

₹10 - ₹50 Cr as on Mar 31, 2023

Employee Count

307 as on Apr 30, 2026

Similar Companies

Zivame & 210 more

View Shyaway's full profile

Shyaway is associated with 2 legal entities given below:

Legal Entity Name	Date of Incorporation	Revenue	Latest Employee Count	Reports
ALTIS RESOURCES SDN. BHD CIN: 201301036423 , Australia, Active	Oct 14, 2013	-	-
GENXLEAD RETAIL PRIVATE LIMITED CIN: U52100TN2015PTC099124 , India, Active	Feb 06, 2015	₹10 - ₹50 Cr (As on Mar 31, 2023)	307 (As on Apr 30, 2026)

Shyaway has raised a total funding of $640K over 2 rounds. Its first funding round was on Jan 09, 2020. Its latest funding round was a Seed round on Mar 10, 2021 for $*****. 1 investor participated in its latest round. Shyaway has 2 institutional investors and 1 angel investor.

Here is the list of recent funding rounds of Shyaway:

Date of Funding	Funding Amount	Round Name	Post-Money Valuation	Revenue Multiple	Lead Investors	Other Investors
Mar 10, 2021	7516026	Seed	6527663	8650470	2541897	1355609
Jan 09, 2020	2949136	Seed	6877888	4999368	2257182	Altis Resources

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View details of Shyaway's funding rounds and investors

The founders of Shyaway is Sanjay Dangi.

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

Sanjay Dangi: Co-Founder of Shyaway.
Contact Info: 1 email address

Shyaway's Board of Directors

Shyaway's board has 3 active members. Madhan Kumar Ramachandran, Kanniah Ponnuswamy Chella Chella Kannan and Karthikeyan are independent board members.

Here is the list of Shyaway's board of directors:

Name	Type	Representing	Status	Duration
Madhan Kumar Ramachandran	Independent board member	-	Current	8y 4m
{dehajj	Independent board member	-	Current	2y 8m
dqgpsbc	Independent board member	-	Current	9y 4m

View details of Shyaway's Founder profiles and Board Members

Shyaway's employee count trend

Shyaway has 307 employees as of Apr 26. The total employee count is 38.0% more than what it was in Apr 25. Here is Shyaway's employee count trend over the years:

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Top competitors of Shyaway include Zivame, Clovia and Krvvy. Here is the list of Top 10 competitors of Shyaway, ranked by Tracxn score:

Rank	Company Details	Short Description	Total Funding	Investors	Tracxn Score
1st	Zivame 2011, Bengaluru (India), Acquired	Internet-first brand offering womens apparel and innerwear	$70.8M	Zodius, Chiratae Ventures & 15 others	66/100
2nd	Clovia 2012, Delhi (India), Acquired	Online retailer of lingerie, sleepwear, activewear, shapewear, swimwear, and innerwear	$25.3M	IvyCap Ventures, Golden Birch Investments ... & 32 others	64/100
3rd	Shyaway 2015, Chennai (India), Seed	Retailer of women lingerie sleepwear sportswear and various body shapewear	$640K	Altis Resources & 2 others	59/100
4th	Krvvy 2023, Noida (India), Seed	Online brand offering innerwear for women	$837K	Titan Capital, All In Capital & 22 others	53/100
5th	Underneat 2024, Gurugram (India), Seed	Retailer of shapewear and intimate essentials	$6.81M	Fireside Ventures, Alteria Capital & 1 others	50/100
6th	Freecultr 2011, Delhi (India), Series A	Retailer of innerwear loungewear and apparel made from sustainable fabrics	$18.4M	Sixth Sense Ventures, Peak XV Partners & 13 others	47/100
7th	MHYTH 2024, Bengaluru (India), Seed	Online fashion brand offering a range of intimate wear products for women	$766K	Nine Rivers Capital, Team Pumpkin & 4 others	46/100
8th	Bummer 2020, Ahmedabad (India), Seed	Online retailer of underwear, loungewear, socks, shorts, and t-shirts	$1.85M	Beenext, Texport Industries & 24 others	44/100
9th	PrettySecrets 2011, Mumbai (India), Deadpooled	Online-first private label lingerie brand	$13.9M	Orios Venture Partners, Apollo Trading And Finance ... & 77 others	40/100
10th	Adira 2013, Bengaluru (India), Unfunded	Internet first brand offering inner wear brand for girls, teens and ladies	-	-	38/100

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Founders (largest shareholder) own 49.09%, Enterprises own 40.76% and Other People own 10.15%. The net worth of Shyaway's founders is INR 10.3Cr as of Jun 17, 2024.

Shareholders Name	Post Round Holding %	Net worth	Cumulative Investment	Realised Returns	Unrealised Returns	Return Multiple
Founder	49.09%	10.3Cr	8258037	2329192	5700811	6576671
Enterprise	40.76%	8.57Cr	2697778	2954782	4876724	4354579
Other People	10.15%	2.13Cr	8064879	6117245	5635837	1732623
Total	100.00%	21Cr	3555587	9047557	4958382	3338818