When was Sudathi founded?

Sudathi was founded in 2023 and raised its 1st funding round 2 years after it was founded.

Where is Sudathi located?

Sudathi is headquartered in Surat, India. It is registered at 7TH FL SHOP-7003 HTC-2, DUMBHAL, Parvat Patia, Surat, Choryasi, Gujarat, India, 395010.

Which legal entities is Sudathi associated with?

Sudathi is associated with SWARON INTERNATIONAL PRIVATE LIMITED.

How many employees does Sudathi have?

As of May 01, 2026, the latest employee count at Sudathi is 47.

Is Sudathi a funded company?

Sudathi is a funded company, having raised a total of $***** in its 1st and only funding round, a Seed round on Mar 15, 2025.

How much is Sudathi worth?

The latest valuation of Sudathi is ₹***** as of Nov 18, 2025.

When was the latest funding round of Sudathi?

Sudathi's latest funding was a $***** Seed round on Mar 15, 2025, with participation from 6 investors.

What is the annual revenue of Sudathi?

Annual revenue of Sudathi is between ₹10 Cr and ₹50 Cr as on Mar 31, 2025

Where does Sudathi rank among its competitors?

Sudathi ranks 11th amongst 933 active competitors, of which 23 are funded. It stands 7th in terms of total funding among its competitors. The most recent competitor to raise funding was DSLR, which secured $9M in Feb, 2026.

Who are the top competitors of Sudathi?

Sudathi's top competitors include Fashor, DSLR and Aramya. Among them, DSLR secured the most recent funding round in February, 2026.

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

Sudathi is a seed company based in Surat (India), founded in 2023 by Darshan Lathiya, Viren Lathiya and Hiren Lathiya. It operates as a Retailer of traditional and contemporary Indian ethnic wear including sarees and kurta sets. Sudathi has raised $115K in funding, with a current valuation of ₹*****. The company has 933 active competitors, including 23 funded and 7 that have exited. Its top competitors include companies like Fashor, DSLR and Aramya.

Company Details

Retailer of traditional and contemporary Indian ethnic wear including sarees and kurta sets. The company offers a diverse collection of apparel such as Banarasi, Kanjivaram, Paithani, and Bandhani sarees, alongside ready-to-wear options and coordinated kurta sets. The product range includes various fabrics and embroidery styles suitable for festive, party, and daily wear. Additionally, the business provides a selection of fragrances and accessories to complement its clothing line.

Website: sudathi.com
Social
Email ID: *****@sudathi.com
Phone Number: +91 **********
Registered Address: 7TH FL SHOP-7003 HTC-2, DUMBHAL, Parvat Patia, Surat, Choryasi, Gujarat, India, 395010

Key Metrics

Founded Year

2023

Location

Surat, India

Stage

Seed

Total Funding

$115K in 1 round

Latest Funding Round

Seed, Mar 15, 2025, $*****

Post Money Valuation

₹***** as on Nov 18, 2025

Investors

Anupam Mittal & 4 more

Ranked

11^th among 933 active competitors

Annual Revenue

₹10 - ₹50 Cr as on Mar 31, 2025

Employee Count

47 as on May 01, 2026

Similar Companies

Fashor & 540 more

View Sudathi's full profile

Sudathi is associated with 1 legal entity given below:

Legal Entity Name	Date of Incorporation	Revenue	Latest Employee Count	Reports
SWARON INTERNATIONAL PRIVATE LIMITED CIN: U46901GJ2023PTC144429 , India, Active	Sep 04, 2023	₹10 - ₹50 Cr (As on Mar 31, 2025)	47 (As on May 01, 2026)

Sudathi has raised a total funding of $115K over 1 round. Its latest funding round was a Seed round on Mar 15, 2025 for $*****. 6 investors participated in its latest round. Sudathi has 5 angel investors.

Here is the list of recent funding rounds of Sudathi:

Date of Funding	Funding Amount	Round Name	Post-Money Valuation	Revenue Multiple	Lead Investors	Other Investors
Mar 15, 2025	5038952	Seed	7291033	1915945	4537320	4553027

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View details of Sudathi's funding rounds and investors

The founders of Sudathi are Darshan Lathiya, Viren Lathiya and Hiren Lathiya.

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

Darshan Lathiya: Co-Founder of Sudathi.
Contact Info: 1 email address and 1 phone number
Viren Lathiya: Co-Founder of Sudathi.
Contact Info: 1 email address and 1 phone number
Hiren Lathiya: Co-Founder of Sudathi.
Contact Info: 1 phone number

Sudathi's Board of Directors

Sudathi's board has 3 active members. Darshan Lathiya, Hiren Lathiya and Viren Lathiya are part of team.

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

Name	Type	Representing	Status	Duration
Darshan Lathiya	Team	-	Current	3y 2m
Hiren Lathiya	Team	-	Current	3y 2m
Viren Lathiya	Team	-	Current	3y 2m

View details of Sudathi's Founder profiles and Board Members

Sudathi's employee count trend

Sudathi has 47 employees as of May 26. The total employee count is 135.0% more than what it was in May 25. Here is Sudathi's employee count trend over the years:

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Top competitors of Sudathi include Fashor, DSLR and Aramya. Here is the list of Top 10 competitors of Sudathi, ranked by Tracxn score:

Rank	Company Details	Short Description	Total Funding	Investors	Tracxn Score
1st	Fashor 2017, Chennai (India), Seed	Internet-first brand offering ethnic wear for women	$6.23M	Sprout Venture Partners, 100Unicorns & 74 others	56/100
2nd	DSLR 2021, Jaipur (India), Series A	Brand of casual wear for men and women	$18.2M	Z47, Accel & 4 others	56/100
3rd	Aramya 2024, Jaipur (India), Funding Raised	Retailer of premium cotton kurtas and ethnic wear for women	-	Accel	55/100
4th	SHREE 2009, Delhi (India), Series A	Online retailer of women’s ethnic clothing, dresses, and suit sets	$11.5M	OAKS, Kapasi Investment and Trading & 117 others	55/100
5th	Dressfolk 2015, Delhi (India), Seed	Internet first brand offering handcrafted ethnic wear for women	$839K	All In Capital, Eternal Capital & 26 others	53/100
6th	PeachMode 2014, Mumbai (India), Unfunded	Online retailer of women's ethnic wear and clothing	-	-	52/100
7th	Koskii 2016, Bengaluru (India), Series A	Online retailer of women's occasion wear including sarees and lehengas	$8.7M	Stride Ventures, Baring Private Equity Partners ... & 2 others	52/100
8th	iTokri 2011, Gwalior (India), Seed	Online platform offering handcrafted multi-category consumer products	$13.7K	-	51/100
9th	House of Masaba 2009, Mumbai (India), Acquired	Online retailer of womenswear, menswear, jewellery, and bridal collections	$1M	Salarpuria Group, Purple Style Labs & 9 others	50/100
10th	Karagiri 2017, Pune (India), Acquired	Internet first brand offering ethnic wear for women	-	-	49/100
11th	Sudathi 2023, Surat (India), Seed	Retailer of traditional and contemporary Indian ethnic wear including sarees and kurta sets	$115K	-	62/100

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Founders (largest shareholder) own 97.01%, Funds own 1.39% and Angels own 1.60%. The net worth of Sudathi's founders is INR 23.2Cr as of Nov 18, 2025. The cap table displayed below is for SWARON INTERNATIONAL PRIVATE LIMITED which is the legal entity associated with Sudathi.

Shareholders Name	Post Round Holding %	Net worth	Cumulative Investment	Realised Returns	Unrealised Returns	Return Multiple
Founder	97.01%	23.2Cr	1128324	3039329	5496032	1598887
Hiren Lathiya	5468645	6959974	4507910	4903024	6705733	4755176
Darshan Lathiya	9735184	8047697	5880500	3130875	3237991	5341540
Viren Lathiya	9046720	6582565	1585990	7421892	1028178	9574504
Fund	1.39%	33.2L	4	7	4	8
LVX	5	8	3	4	7	6
Angel	1.60%	38.3L	7	2	7	4
Anupam Mittal	2	4	5	3	3	3
Total	100.00%	24Cr	3738338	5952525	7736373	3392714