The Yarn Bazaar
Have updates for this profile? Please contribute data
= Subscriber Access Only
You are viewing a preview of this profile. Request a Preqin Pro demo for full access to all profiles and underlying data.
With Preqin Pro, you gain an unobstructed view of all alternative asset class activity across institutional investors, fund managers, funds, portfolio companies, deals, exits, and service providers.
The Yarn Bazaar - overview
Established
2019
Location
Bengaluru, Karnataka, India
Primary Industry
Materials
About
Based in Karnataka, India, and founded in 2019, Filosha Infotech Pvt. Ltd. , doing business as The Yarn Bazaar operates as a software development company that provides a business-to-business marketplace platform for yarn sellers and buyers. The company was founded by its CEO Pratik Gadia.
In June 2023, The Yarn Bazaar raised INR 150 million in pre-series A funding co-led by Equanimity Investments and Rajiv Dadlani Group. The firm offers a marketplace platform for the yarn industry which helps yarn buyers and sellers to identify real-time prices, market trends, and information. The firm provides various yarn-related products and services which include discovery, trading, financing, logistics, advisory, and market intelligence services. The company plans to use the June 2023 funding to strengthen its leadership team, expand operations, develop technology infrastructure, and increase its online presence.
Current Investors
Equanimity Investments, Rajiv Dadlani Group, Culture Cap LLP
Primary Industry
Materials
Sub Industries
Web Applications, Analytics & Performance Software, Textiles
Website
www.theyarnbazaar.com
Verticals
Cloud Computing, E-commerce, Mobile Apps
Company Stage
Early Stage
Total Amount Raised
Subscriber access only
The Yarn Bazaar - financials
| Fiscal Year Ended | Mar 31, 2018 | Mar 31, 2019 | Mar 31, 2020 | Mar 31, 2021 | Mar 31, 2022 | Mar 31, 2023 | Mar 31, 2024 |
|---|---|---|---|---|---|---|---|
| Revenue (USD) | - | - | - | 509,187,380 | - | - | - |
| % Revenue Growth (YoY) | - | - | - | - | - | - | - |
| EBITDA (USD) | - | - | (212,430) | 3,129,708 | - | - | - |
| Operating Income (USD) | - | - | (227,718) | 1,981,936 | - | - | - |
| Operating Margin | - | - | - | 0.4% | - | - | - |
| % EBITDA Margin | - | - | - | 0.6% | - | - | - |
| NET Income (USD) | - | - | (227,718) | 1,399,707 | - | - | - |
| % Net Margin | - | - | - | 0.3% | - | - | - |
Time to go Pro
Get Preqin Pro for unrestricted access to 600,000+ detailed profiles on fund managers, investors, funds, companies, and other alternative asset players. Unlock exclusive data on future plans, company financials, fundraising history, track records, and more.