Utsav Fashion Pvt. Ltd.

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.

Utsav Fashion Pvt. Ltd. - overview

Established

2000

Location

New Delhi, -, India

Primary Industry

Consumer Products

About

Utsav Fashion Pvt. Ltd. is a leading online retailer specializing in Indian ethnic and fusion wear, catering to a diverse clientele with a vibrant collection that includes sarees, lehengas, and kurtas for various occasions. Founded in 2000 in New Delhi, India, Utsav Fashion Pvt.


Ltd. is dedicated to providing high-quality Indian ethnic wear. The company has not undergone any significant pivots or structural changes since its inception. It was co-founded by Hemant Kala and Nitin Kala, who have a background in apparel and retail.


Utsav Fashion operates primarily through its global e-commerce platform, serving customers across various international markets. Utsav Fashion specializes in a wide range of Indian ethnic and fusion wear for women, men, and children. The company offers an extensive collection that includes sarees, lehengas, salwar suits, kurtas, and indo-western clothing, all designed to cater to various cultural festivals, weddings, and casual occasions. The core product offerings blend traditional artistry with contemporary styles, appealing to a diverse clientele that spans across the United States and international markets.


Utsav Fashion serves a global customer base, attracting individuals seeking authentic Indian fashion, as well as event planners and retailers looking to source traditional attire for special occasions. In the most recent year of 2023, Utsav Fashion generated revenue of USD 7. 93 mn, with an EBITDA of USD 699,272. The company generates revenue primarily through direct-to-consumer sales on its e-commerce platform, where customers can select from a broad range of products.


Various pricing tiers and promotional offers are employed to incentivize sales, including discounts for bulk purchases and free shipping. Utsav Fashion plans to continue expanding its product line with new designs tailored for upcoming cultural festivals and wedding seasons. There are strategic initiatives to increase market presence in North America and Europe by the end of 2024. Recent funding will be allocated towards enhancing the e-commerce platform, expanding the logistics network, and introducing new product categories aimed at increasing customer engagement and satisfaction.


Primary Industry

Consumer Products

Sub Industries

Clothing

Website

www.utsavfashion.com

Verticals

E-commerce

Total Amount Raised

Subscriber access only

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.