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Terractive - About the company

Terractive is a seed company based in Mumbai (India), founded in 2023 by Rahee Ambani Choksi and Raena Ambani. It operates as a Retailer of activewear and accessories engineered for comfort and performance. Terractive has raised $948K in funding from DeVC and Fireside Ventures, with a current valuation of $*****. The company has 157 active competitors, including 14 funded and 6 that have exited. Its top competitors include companies like PUMA, Technosport and Under Armour.

Company Details

Retailer of activewear and accessories engineered for comfort and performance. They offer a range of apparel designed for various activities and relaxation. The company provides options for free repairs on its products. They also offer size exchanges and store credit for returns that meet specified conditions.
Social
Facebook
Email ID
*****@terractive.in
Phone Number
+91 **********
Registered Address
Sukh Shanti, 1st Floor 65, 6 Nutan Laxmi Society, Juhu Scheme, Vile Parle (W), Mumbai City, Mumbai, Maharashtra, India, 400056
Key Metrics
Founded Year
2023
Location
Mumbai, India
Stage
Seed
Total Funding
$948K in 1 round
Latest Funding Round
Post Money Valuation
$***** as on Nov 28, 2024
Investors
Ranked
Annual Revenue
0 - ₹10 Cr as on Mar 31, 2025
Employee Count
11 as on Jun 30, 2026
Similar Companies
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Terractive's funding and investors

Terractive has raised a total funding of $948K over 1 round. Its latest funding round was a Seed round on Nov 28, 2024 for $*****. 2 investors participated in its latest round. Terractive has 3 institutional investors.

Here is the list of recent funding rounds of Terractive:
Date of Funding
Funding Amount
Round Name
Post-Money Valuation
Revenue Multiple
Lead Investors
Other Investors
Nov 28, 2024
4580999
Seed
5742937
2018140
8570772
8053905
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Terractive's founders and board of directors

Founder? Claim Profile
The founders of Terractive are Rahee Ambani Choksi and Raena Ambani.
Here are the details of Terractive's key team members:

Terractive's Board of Directors

Terractive's board has 2 active members. Rahee Ambani Choksi and Raena Ambani are part of team.
Here is the list of Terractive's board of directors:
Name
Type
Representing
Status
Duration
Team
-
Current
3y 10m
Team
-
Current
3y 10m

Terractive's employee count trend

Terractive has 11 employees as of Jun 26. Here is Terractive's employee count trend over the years:
Employee count trend for Terractive
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Terractive's Competitors and alternates

Top competitors of Terractive include PUMA, Technosport and Under Armour. Here is the list of Top 10 competitors of Terractive, ranked by Tracxn score:
Rank
Company Details
Short Description
Total Funding
Investors
Tracxn Score
1st
Logo for PUMA
PUMA
1948, United States, Public
Retailer of clothing, shoes, and accessories for men, women, and kids
-
73/100
2nd
Logo for Technosport
Technosport
2015, Bengaluru (India), Series A
Online brand offering multi-category sports wear for men and women
$32.4M
69/100
3rd
Logo for Under Armour
Under Armour
1996, Baltimore (United States), Public
Online retailer of athletic apparel, footwear, accessories, and sports equipment
-
69/100
4th
Logo for CAVA Athleisure
CAVA Athleisure
2020, Bengaluru (India), Series A
Retailer of athletic apparel and activewear
$5.49M
66/100
5th
Logo for Boldfit
Boldfit
2018, Bengaluru (India), Series A
Internet first brand of sports shoes, apparel, and fitness equipment
$21.6M
64/100
6th
Logo for Decathlon
Decathlon
1976, San Francisco (United States), Funding Raised
Retailer of sporting goods
-
62/100
7th
Logo for RapidBox
RapidBox
2019, Bengaluru (India), Series A
Online brand offering multi-category fashion products and sneakers
$9.49M
54/100
8th
Logo for ASICS
ASICS
2012, Gurugram (India), Unfunded
Internet first brand of apparel & footwear for women, men, kids and accessories
-
-
53/100
9th
Logo for Elevar Sports
Elevar Sports
2017, Mumbai (India), Series A
Retailer of sneakers, sports shoes, flip-flops, slides, and sports apparel
$4.05M
47/100
10th
Logo for Gokyo
Gokyo
2020, Mumbai (India), Seed
Platform offering outdoor clothing and gear for trekking and travel
$198K
46/100
11th
Logo for Terractive
Terractive
2023, Mumbai (India), Seed
Retailer of activewear and accessories engineered for comfort and performance
$948K
45/100
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Terractive's Latest cap tables and shareholding

Founders (largest shareholder) own 71.91%, Funds own 18.61%, Enterprises own 3.78% and ESOP Pool own 5.70%. The net worth of Terractive's founders is INR 30.9Cr as of Nov 28, 2024.
Shareholders Name
Post Round Holding %
Net worth
Cumulative Investment
Realised Returns
Unrealised Returns
Return Multiple
Founder
71.91%
30.9Cr
7412938
4534131
6671439
3210180
8511695
9176365
1494940
8273586
6708501
7666847
5891647
7789895
5546547
3581251
6209316
9602170
Fund
18.61%
8Cr
8365178
1273012
9790241
4665207
5068293
2276685
6225182
4203195
7367964
8698110
424835
428657
654180
455469
504917
474901
Enterprise
3.78%
1.63Cr
608
613
468
153
ESOP Pool
5.70%
2.45Cr
24231
37339
55600
27204
Total
100.00%
43Cr
1429414
8004339
6734653
9984750
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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 Terractive's Shareholding

Terractive's Investments and acquisitions

Terractive has made no investments or acquisitions yet.

Reports related to Terractive

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News related to Terractive

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FAQs about Terractive

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