World Art Community

World Art Community is an online marketplace that connects artisans with consumers, specializing in handcrafted artifacts and artisanal products that celebrate traditional craftsmanship. Founded in 2014 in New Delhi, India, World Art Community operates as a direct marketplace for artists and artisans to sell their handcrafted creations. The company has raised a total of INR 5 million in funding as of December 27, 2017, with investment from Viraj Tyagi and others. The founder’s background is not specified, but the platform has executed three deals since inception, focusing primarily on the Indian market.

World Art Community specializes in the sale of handcrafted artifacts and artisanal products created by various artists and artisans. Their core offerings include a wide range of categories such as home decor, art jewelry, clothing, pottery, and various craft items, focusing on traditional crafts like Usta Kaam and intricate hand-painted designs. The platform connects creators with consumers, providing unique products that cater to individual tastes and styles, primarily within India and internationally. In the most recent year, 2023, World Art Community reported a revenue of INR 15,687.

70 mn, with an EBITDA of INR -39,476 mn. The company generates revenue through direct-to-consumer sales on its online platform, allowing customers to purchase products directly. Each transaction is typically a one-off purchase, with varied pricing based on the complexity of the crafts. Looking ahead, World Art Community plans to launch new artisanal products designed to expand its offerings and attract a broader customer base.

The company aims to enter new markets, specifically targeting international markets where artisanal craftsmanship is valued, by 2025. The recent funding of INR 5 million will be utilized to support product development and marketing efforts to facilitate this expansion.