When was Spykar founded?

Spykar was founded in 1992 and raised its 1st funding round 15 years after it was founded.

Where is Spykar located?

Spykar is headquartered in Mumbai, India. It is registered at 19th Floor,F Wing,Lotus Corporate Park,Jay Coach Junction,Off Western Express Highway,Gor, egaon East, Mumbai, Maharashtra, India, 400063.

Who is the current CEO of Spykar?

Sanjay Vakharia of Spykar. They have also founded 1 company.

Which legal entities is Spykar associated with?

Spykar is associated with SPYKAR LIFESTYLES PRIVATE LIMITED.

How many employees does Spykar have?

As of Aug 31, 2025, the latest employee count at Spykar is 258.

Is Spykar a funded company?

Spykar is a funded company, having raised a total of $15.3M across 3 funding rounds to date. The company's 1st funding round was a $***** Series A round, raised on Jun 04, 2007.

How much is Spykar worth?

The latest valuation of Spykar is ₹***** as of Jul 06, 2011.

When was the latest funding round of Spykar?

Spykar's latest funding was a $***** Series A round on Jul 06, 2011, with participation from 1 investor.

What is the annual revenue of Spykar?

Annual revenue of Spykar is between ₹500 Cr and ₹1,000 Cr as on Mar 31, 2025

Where does Spykar rank among its competitors?

Spykar ranks 25th amongst 1580 active competitors, of which 32 are funded. It stands 2nd in terms of total funding among its competitors. The most recent competitor to raise funding was The Pant Project, which secured $4.25M in Jun, 2024.

Who are the top competitors of Spykar?

Spykar's top competitors include Bewakoof, American Eagle Outfitters and PVH Corp. Among them, The Pant Project secured the most recent funding round in June, 2024.

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

Spykar is a series A company based in Mumbai (India), founded in 1992 by Sanjay Vakharia and Prasad Pabrekar. It operates as an Internet first brand of casual apparel wear for men and women. Spykar has raised $15.3M in funding from Avigo Capital Partners, with a current valuation of ₹*****. The company has 1580 active competitors, including 32 funded and 44 that have exited. Its top competitors include companies like Bewakoof, American Eagle Outfitters and PVH Corp.

Company Details

Started in 1992, Spykar is leading denim maker focusing casual dressing needs. The brand presents itself as bold, brash, audacious and irreverent. Product portfolio includes five-pocket jeans, fashionable denims, cargos, fatigues, loozers, jackets, tees, shirts, etc. Spykar also has an extended collection of eyewear, deos, junk jewellery, dock tags, bags, belts, caps, wallets, socks, timewear and other trendily designed accessories. As of August, 2015 it is available at over 260 cities in India through more than more than 1100 stores and shop-in- shops, 200 EBOs. NRI businessman Apurv Bagri has acquired a controlling stake in the company according to a August 2014 report.

Website: spykar.com
Social
Email ID: *****@spykar.com
Phone Number: +91 **********
Registered Address: 19th Floor,F Wing,Lotus Corporate Park,Jay Coach Junction,Off Western Express Highway,Gor, egaon East, Mumbai, Maharashtra, India, 400063

Key Metrics

Founded Year

1992

Location

Mumbai, India

Stage

Series A

Total Funding

$15.3M in 3 rounds

Latest Funding Round

Series A, Jul 06, 2011, $*****

Post Money Valuation

₹***** as on Jul 06, 2011

Investors

Avigo Capital Partners & 24 more

Ranked

25^th among 1580 active competitors

Annual Revenue

₹500 - ₹1,000 Cr as on Mar 31, 2025

Employee Count

258 as on Aug 31, 2025

Similar Companies

H&M & 7013 more

View Spykar's full profile

Spykar is associated with 1 legal entity given below:

Legal Entity Name	Date of Incorporation	Revenue	Latest Employee Count	Documents
SPYKAR LIFESTYLES PRIVATE LIMITED CIN: U18101MH1998PTC114797 , India, Active	May 06, 1998	₹500 - ₹1,000 Cr (As on Mar 31, 2025)	252 (As on May 01, 2026)

Spykar has raised a total funding of $15.3M over 3 rounds. Its first funding round was on Jun 04, 2007. Its latest funding round was a Series A round on Jul 06, 2011 for $*****. 1 investor participated in its latest round. Spykar has 5 institutional investors and 20 angel investors.

Here is the list of recent funding rounds of Spykar:

Date of Funding	Funding Amount	Round Name	Post-Money Valuation	Revenue Multiple	Lead Investors	Other Investors
Jul 06, 2011	1174061	Series A	4143136	2798593	4429959	9325555
Sep 28, 2009	5289290	Series A	1198408	7579085	2833948	1298514
Jun 04, 2007	5303147	Series A	3925942	7007018	Avigo Capital Partners	Rajan Mehta

Access funding benchmarks and valuations. Sign up today!

View details of Spykar's funding rounds and investors

The founders of Spykar are Sanjay Vakharia and Prasad Pabrekar. Sanjay Vakharia is the CEO of Spykar.

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

Sanjay Vakharia: Co-Founder & CEO of Spykar. They serve on the board of 1 company.
Contact Info: 1 email address
Prasad Pabrekar: Co-Founder of Spykar. They serve on the board of 1 company.

Spykar's Board of Directors

Spykar's board has 5 active members. Sanjay Vakharia is part of team and Rajan Mittal, Prasad Desai, Uday Singh Singhi and Jayanta Sinha are independent board members.

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

Name	Type	Representing	Status	Duration
Sanjay Vakharia	Team	-	Current	20y 3m
blcwwzp	Team	-	Past	3y 6m
Rajan Mittal	Independent board member	-	Current	12y 0m
ckyxmza	Independent board member	-	Current	6y 5m
lyioezw	Independent board member	-	Current	9y 5m
cfvqia{	Independent board member	-	Past	7y 9m
rpttzuu	Independent board member	-	Past	3y 1m

View details of Spykar's Founder profiles and Board Members

Spykar's employee count trend

Spykar has 258 employees as of Aug 25. The total employee count is 3.0% lower than what it was in Aug 24. Here is Spykar's employee count trend over the years:

Uncover Spykar's growth story! Sign up today!

Access Tracxn on any website

Our Google Chrome extension lets you view company details while browsing their websites

Install Tracxn Extension

Top competitors of Spykar include Bewakoof, American Eagle Outfitters and PVH Corp. Here is the list of Top 10 competitors of Spykar, ranked by Tracxn score:

Rank	Company Details	Short Description	Total Funding	Investors	Tracxn Score
1st	Bewakoof 2011, Mumbai (India), Acquired	Online retailer of fashion apparel and accessories for men and women	$39.5M	Aarti Industries, Investcorp & 58 others	77/100
2nd	American Eagle Outfitters 1977, Pittsburgh (United States), Funding Raised	Company offering multi-category fashion products for men and women	-	Terbell Partners, PNC	72/100
3rd	PVH Corp 1881, New York City (United States), Public	Brand of fashion apparel wear for men and women	-	Apax, LNK Partners & 2 others	69/100
4th	Inditex 1974, Arteixo (Spain), Acquired	Retailer of fashion products	-	Gov.cz, Europa	67/100
5th	Abercrombie and Fitch 1892, Columbus (United States), Acquired	Internet first brand of fashion apparel wear for men and women	-	-	66/100
6th	The Pant Project 2020, Mumbai (India), Series A	Online retailer of custom-made and ready-to-wear pants for men and women	$4.25M	Sorin, MGA Ventures & 12 others	65/100
7th	Max Fashion 2006, Bengaluru (India), Funding Raised	Internet first brand of clothing, footwear, and accessories for women, men, and kids	-	Co-win Ventures	64/100
8th	Nobero 2014, Hyderabad (India), Acquired	Retailer of fashion apparel and athleisure clothing for men and women	$300K	-	64/100
9th	Levi Strauss 1853, San Francisco (United States), Public	Brand of fashion apparel for men and women	-	HTIF, LNK Partners & 1 others	63/100
10th	Joe's Jeans 2010, Commerce Charter Township (United States), Acquired	Online retailer of denim jeans, clothing, and related fashion apparel	$12.5M	Victory Park Capital Advisors, Palladin Consumer Retail Partners ... & 2 others	62/100
25th	Spykar 1992, Mumbai (India), Series A	Internet first brand of casual apparel wear for men and women	$15.3M	Avigo Capital Partners, Metmin Investments ... & 23 others	54/100

Get insights and benchmarks for competitors of 2M+ companies! Sign up today!

Looking for more details on Spykar's competitors? Click here to see the top ones

Founders own 10.45%, Funds (largest shareholder) own 59.32%, Enterprises own 3.33% and Angels own 7.25%. The net worth of Spykar's founders is INR 7.82Cr as of Jul 06, 2011.

Shareholders Name	Post Round Holding %	Net worth	Cumulative Investment	Realised Returns	Unrealised Returns	Return Multiple
Founder	10.45%	7.82Cr	9038334	4048444	2423331	9868530
Prasad Pabrekar	2464529	1006218	5367422	1727705	2128358	4381129
Sanjay Vakharia	2	7	8	5	3	8
Fund	59.32%	44.4Cr	5595712	8984496	7558340	3535774
Metmin Investments	9928298	7369107	2073308	3281840	6855961	7719619
Avigo Capital Partners	9954502	3377127	7027361	5861223	4106313	4535337
Enterprise	3.33%	2.49Cr	637	905	992	793
Angel	7.25%	5.42Cr	6436698	5693052	7979408	7930798
Other People	19.64%	14.7Cr	8393556	7266863	5674001	7654330
Total	100.00%	74.8Cr	4453535	2591730	3684587	9790508