Free Culture Apparels Private Limited
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Free Culture Apparels Private Limited - overview
Established
2011
Location
New Delhi, Delhi, India
Primary Industry
Consumer Products
About
Free Culture Apparels Private Limited designs and manufactures a range of quality clothing, specializing in comfortable innerwear and loungewear for men and women, catering to a diverse demographic seeking stylish yet practical apparel. Founded in 2011 and headquartered in New Delhi, India, Free Culture Apparels Private Limited focuses on providing comfortable clothing solutions. The company has successfully completed a total of 4 deals, with the latest funding round being a Series A on January 5, 2022, where they raised INR 370 million led by Sixth Sense Ventures. The founder, Shrey Luthra, has a history of engaging in entrepreneurial ventures prior to establishing Free Culture Apparels.
Freecultr specializes in a diverse range of comfortable and quality clothing, focusing on innerwear and loungewear for both men and women. The core product offerings include men's innerwear such as trunks, briefs, boxer shorts, and t-shirts, alongside women's innerwear including hipster panties, boy shorts, and boxer briefs. Additionally, the company offers accessories like bandanas, socks, and arm sleeves. Freecultr's products prioritize design and comfort, appealing to consumers looking for casual wear in the Indian market.
In the most recent year, Freecultr reported a revenue of INR 8,818. 1 mn, alongside an EBITDA of INR 201,375. 9. With the recent Series A funding of INR 370 million secured in January 2022, Free Culture Apparels Private Limited plans to enhance its consumer outreach and brand presence.
The funds will be utilized for deeper brand building and expanding their product and category offerings, aiming to introduce new products that cater to evolving consumer preferences. The company aims to explore new markets and geographic regions, although specific locations for expansion have not been disclosed.
Current Investors
Sequoia, Sixth Sense Ventures
Primary Industry
Consumer Products
Sub Industries
Accessories, Clothing Stores, Internet
Website
www.freecultr.com
Verticals
E-commerce
Total Amount Raised
Subscriber access only
Free Culture Apparels Private Limited - financials
| Fiscal Year Ended | Mar 31, 2012 | Mar 31, 2013 | Mar 31, 2014 | Mar 31, 2015 | Mar 31, 2016 | Mar 31, 2017 |
|---|---|---|---|---|---|---|
| Revenue (USD) | 6,405,742 | - | 104,346,739 | - | - | - |
| % Revenue Growth (YoY) | - | - | - | - | - | - |
| EBITDA (USD) | (54,703,964) | - | - | - | - | - |
| Operating Income (USD) | (54,906,423) | - | - | - | - | - |
| Operating Margin | (857.1%) | - | - | - | - | - |
| % EBITDA Margin | (854.0%) | - | - | - | - | - |
| NET Income (USD) | (55,542,604) | (203,942,212) | (109,357,011) | - | - | - |
| % Net Margin | (867.1%) | - | (104.8%) | - | - | - |
Free Culture Apparels Private Limited - employee data


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