Kashmir Box Online Pvt. Ltd.

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Kashmir Box Online Pvt. Ltd. - overview

Established

2011

Location

Srinagar, Jammu and Kashmir, India

Primary Industry

Internet

About

Kashmir Box Online Pvt. Ltd. is an e-commerce platform that specializes in offering high-quality, handcrafted products from Kashmir, encompassing textiles and gourmet food items, catering to a global market that values authenticity and craftsmanship. Founded in 2011, Kashmir Box Online Pvt.


Ltd. is based in Srinagar, India. The company operates as an e-commerce platform focusing on the sale of authentic Kashmiri products, primarily handcrafted textiles and gourmet foods. The founders, Ishfaq Mir and Moheet Mehraj, have established a singular business strategy that emphasizes the cultural significance of their offerings.


The company secured Angel funding in June 2018, which has supported its operations and growth objectives. Kashmir Box specializes in the production and distribution of a diverse range of high-quality products rooted in the rich cultural heritage of Kashmir. Their core offerings include a variety of handcrafted textiles such as embroidered clothing, Pashmina shawls, and woolen wraps, as well as gourmet food items like saffron, dry fruits, and pure Kashmiri honey. The company aims to address the needs of consumers seeking authentic, sustainable, and heritage-rich products, appealing to a demographic that values craftsmanship and cultural significance.


The primary customer base consists of both individual consumers looking for unique clothing and gourmet foods, as well as retailers seeking to stock these culturally significant items. Kashmir Box markets its products predominantly in international markets, including regions in Europe, North America, and various parts of Asia, capitalizing on the increasing global demand for artisanal goods. In the most recent financial year 2023, Kashmir Box generated revenue of USD 553,311 with an EBITDA of USD 12,588. 8.


The company generates revenue through direct-to-consumer sales via their online platform, where customers can purchase items directly, streamlining the transaction process. Kashmir Box is focused on launching new handcrafted product lines aligned with the cultural heritage of Kashmir, with plans to unveil these offerings in early 2024. The company aims to expand into additional markets, specifically targeting regions in the Middle East and South-East Asia by mid-2024. The funding raised in June 2018 is intended to facilitate product development and enhance their marketing strategies to support this expansion.


Primary Industry

Internet

Sub Industries

Courier & Delivery Services, Search Engines, Web Applications

Website

www.kashmirbox.com

Verticals

E-commerce

Company Stage

Angel & Seed

Total Amount Raised

Subscriber access only

Kashmir Box Online Pvt. Ltd. - timeline of key events

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Kashmir Box Online Pvt. Ltd. - financials

Fiscal Year EndedMar 31, 2013Mar 31, 2014Mar 31, 2015Mar 31, 2016Mar 31, 2017Mar 31, 2018Mar 31, 2019Mar 31, 2020Mar 31, 2021Mar 31, 2022Mar 31, 2023Mar 31, 2024
Revenue (USD)-1,337,263-6,422,081.66,874,432.315,304,460.232,671,668.29,168,27822,441,922.9---
% Revenue Growth (YoY)----7.0%122.6%113.5%(71.9%)144.8%---
EBITDA (USD)---(2,428,852.1)(2,362,436.1)(265,906,442)(193,998,707)(111,737,346)526,950.2---
Operating Income (USD)---(2,477,871.1)(2,442,402)(266,013,565)(194,217,843)(111,906,432)392,719.2---
Operating Margin---(38.6%)(35.5%)(1738.1%)(594.5%)(1220.6%)1.7%---
% EBITDA Margin---(37.8%)(34.4%)(1737.4%)(593.8%)(1218.7%)2.3%---
NET Income (USD)14,365.717,400.8-(2,516,989.1)(2,470,097)(262,703,465)(193,987,443)(129,303,441)375,147.1---
% Net Margin-1.3%-(39.2%)(35.9%)(1716.5%)(593.7%)(1410.3%)1.7%---

Kashmir Box Online Pvt. Ltd. - employee data

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