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Styched - About the company

Styched is a seed company based in Bengaluru (India), founded in 2019 by Soumajit Bhowmik and Durga Madhab Dash. It operates as an Internet-first brand offering multi-category fashion products for men and women. Styched has raised $925K in funding from Orbit Ventures, with a current valuation of $*****. The company has 1616 active competitors, including 65 funded and 31 that have exited. Its top competitors include companies like Bewakoof, The Bear House and NEWME.

Company Details

Internet-first brand offering multi-category fashion products for men and women. The product catalog includes casual wear, ethnic wear, sportswear, merchandise apparel, bottom wear, jackets, sweaters, and accessories like footwear, handbags, and more.
Social
Facebook
Email ID
*****@styched.in
Phone Number
+91 **********
Registered Address
No.4050,19th Main,HAL 2nd Stage, Indiranagar, Bangalore, Bangalore, Karnataka, India, 560008
Key Metrics
Founded Year
2019
Location
Bengaluru, India
Stage
Seed
Total Funding
$925K in 4 rounds
Latest Funding Round
Post Money Valuation
$***** as on Apr 13, 2022
Ranked
Annual Revenue
₹10 - ₹50 Cr as on Mar 31, 2023
Employee Count
21 as on Jul 31, 2026
Investment & Acquisitions
Similar Companies
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Styched's funding and investors

Styched has raised a total funding of $925K over 4 rounds. Its first funding round was on Oct 09, 2019. Its latest funding round was a Seed round on Mar 22, 2022 for $*****. 5 investors participated in its latest round. Styched has 10 institutional investors and 65 angel investors.

Here is the list of recent funding rounds of Styched:lockFilter this list
Date of Funding
Funding Amount
Round Name
Post-Money Valuation
Revenue Multiple
Lead Investors
Other Investors
Mar 22, 2022
7554791
Seed
8995919
7447275
3702255
5002661
Feb 21, 2022
2029327
Seed
3931001
1742018
4517438
2466281
Nov 10, 2020
7704063
Angel
2677071
5555903
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Styched's founders and board of directors

Founder? Claim Profile
The founders of Styched are Soumajit Bhowmik and Durga Madhab Dash. Soumajit Bhowmik is the CEO of Styched.
Here are the details of Styched's key team members:

Styched's Board of Directors

Styched's board has 1 active member. Soumajit Bhowmik is part of team.
Here is the list of Styched's board of directors:
Name
Type
Representing
Status
Duration
Team
-
Current
7y 9m

Styched's employee count trend

Styched has 21 employees as of Jul 26. Here is Styched's employee count trend over the years:
Employee count trend for Styched
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Styched's Competitors and alternates

Top competitors of Styched include Bewakoof, The Bear House and NEWME. Here is the list of Top 10 competitors of Styched, 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
77/100
2nd
Logo for The Bear House
The Bear House
2017, Bengaluru (India), Series A
Retailer of men's apparel and accessories
$5.95M
72/100
3rd
Logo for NEWME
NEWME
2022, Bengaluru (India), Series B
Internet First brand of current-trend women's apparel, accessories, and coordinated outfit sets
$35.6M
72/100
4th
Logo for FS Life
FS Life
2015, Gurugram (India), Series B
Provider of multi-category fashion products
$15.3M
66/100
5th
Logo for Nobero
Nobero
2014, Hyderabad (India), Acquired
Retailer of fashion apparel and athleisure clothing for men and women
$300K
-
64/100
6th
Logo for VIRGIO
VIRGIO
2022, Bengaluru (India), Series A
Online retailer of sustainable clothing, plus-size dresses, and luxury perfumes
$37.8M
62/100
7th
Logo for Wrogn
Wrogn
Bengaluru (India), Series H
Internet first brand of men apparel footwear and various fashion related accessories
$98.7M
61/100
8th
Logo for Styched
Styched
2019, Bengaluru (India), Seed
Internet-first brand offering multi-category fashion products for men and women
$925K
61/100
9th
Logo for The Indian Garage Co
The Indian Garage Co
2012, Bengaluru (India), Series B
D2C fashion brand offering casual wear
$18.7M
57/100
10th
Logo for Banana Club
Banana Club
2011, Bengaluru (India), Seed
Retailer of men's apparel and accessories
$1.39M
-
56/100
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Styched's Latest cap tables and shareholding

Founders (largest shareholder) own 67.53%, Enterprises own 8.60%, Angels own 14.19% and Other People own 0.80%. The net worth of Styched's founders is INR 11.7Cr as of Apr 13, 2022.
Shareholders Name
Post Round Holding %
Net worth
Cumulative Investment
Realised Returns
Unrealised Returns
Return Multiple
Founder
67.53%
11.7Cr
2911038
1503255
7706722
3765740
4725380
6632564
7410682
6576585
2072703
7603918
88782
80904
80702
40176
88420
75938
Enterprise
8.60%
1.49Cr
7137588
3865913
8692840
5303844
Angel
14.19%
2.45Cr
1915124
4637389
4771892
8437277
8
7
4
8
7
8
8
2
3
2
8
4
0
0
0
0
0
0
0
0
0
0
0
0
Other People
0.80%
13.8L
0
0
0
0
ESOP Pool
8.91%
1.54Cr
1553084
7578889
8104224
4533480
Total
100.00%
17.3Cr
3886739
4300639
8993695
9573706
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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 Styched's Shareholding

Styched's Investments and acquisitions

Styched has acquired 2 companies including Zymrat and Flatheads. Styched has not made any investments as of now.

Reports related to Styched

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News related to Styched

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FAQs about Styched

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