Asian Footwears Private Limited
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Asian Footwears Private Limited - overview
Established
1994
Location
New Delhi, -, India
Primary Industry
Consumer Products
About
Founded in 1994 by Rajinder Jindal, and based in New Delhi, India, Asian Footwears Private Limited, doing business as Asian operates as a manufacturer and seller of footwear such as sports shoes, casual shoes, sandals, and slippers. In October 2022, Motilal Oswal Private Wealth Management invested INR 2. 25 billion for a minority stake in Asian Footwears Private Limited. As of October 2022, the firm operates from across 9 manufacturing locations and produces over 5000 designs of footwear.
The company offers a wide variety of shoes for casual and formal occasions including safety shoes and shoes for school kids that are sold both online across e-commerce platforms and through an offline network of more than 200 distributors and over 10,000 retailers. The company intends to use the October 2022 funds to accelerate its growth and scales its brand across the country and internationally.
Current Investors
Motilal Oswal Private Wealth
Primary Industry
Consumer Products
Sub Industries
Footwear
Website
www.asianfootwears.com
Verticals
E-commerce, Manufacturing
Company Stage
Mature - Growth Capital
Total Amount Raised
Subscriber access only
Asian Footwears Private Limited - deals
| Deals Type | Deal Status | Target (s) | Deal Date | Investor(s) | Seller(s) | Deal size (Mn) | Enterprise value (Mn) | Post-money valuation (Mn) | EBITDA multiple (x) | Revenue multiple (x) | Lead partner (s) |
|---|---|---|---|---|---|---|---|---|---|---|---|
| Growth | Completed | Asian Footwears Private Limited | - |
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