Asian Footwears Private Limited Asset Profile

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Year 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 Management

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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

Deals

Deals Type
Growth

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)
Completed	Asian Footwears Private Limited	10 Oct 2022

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