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eShakti.com

Sammamish, WA, 98074, US

Overview

Founded in 2011 by B.G. Krishnan, eShakti builds a made-to-order platform for western women’s clothing that produces garments to each customer’s exact size, height and style preferences. Its model emphasizes mass-customization and sustainability by holding zero finished-goods inventory, reducing waste. The company says it serves customers in 30+ countries and operates offices in New York, Delhi NCR and Chennai. eShakti’s fulfilment system is technology-driven and patented, enabling it to respond to real-time trend changes and bring new products to market in under seven days. The company plans to use the latest capital to expand geographically and grow its product line across a greater selection of fabrics. Previously it has raised institutional capital from Paragon Partners, IvyCap and Chiratae Ventures. eShakti designs and sells women's fashion clothing with a focus on size and style customization. Over the last 10 years it has grown into a mainstream U.S. women's fashion brand and claims a leadership position there. The company also operates in Australia and Canada. eShakti was founded by B G Krishnan and is headquartered in Chennai. Historically it has raised capital from investors including IDG Ventures, IvyCap and Infina Finance. Most recently it received a Rs 750 million investment from Paragon Partners. eShakti.com is a US-focused online fashion retailer that sells apparel through its e-commerce platform. The company plans to use recent funding to grow the business and introduce new products. Management is pursuing a Series C round of around USD 25 million to scale the business. To support near-term growth, eShakti took venture debt from Blacksoil Capital. The company has previously raised USD 15 million in equity from IDG Ventures, Ivy Cap, and other investors. Founder and CEO BG Krishnan said the debt is well-timed and fits the company’s scaling plans. Blacksoil’s founder Mohinder Bansal said the funds will catalyze multi-fold growth over the next three years. eShakti.com is an online retail brand that provides customized women's fashion, specializing in made-to-measure and made-by-design clothing. The company focuses on serving women of all shapes and sizes. It is led by Founder and CEO B.G. Krishnan. eShakti is a national brand with customers across over 10,000 towns and cities in the USA. The company raised a Series B round of undisclosed size. It intends to use the capital to continue to grow operations.

Total raised
$15M
Funding rounds
4
Latest round
Debt Financing
Latest activity
Feb 2023

Industries

  • E-Commerce
  • Fashion
  • Shopping
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Recent funding

  1. Debt Financing

    Feb 2023

    $2M

  2. Equity

    Jun 2018

    $11M

  3. Debt Financing

    Dec 2017

    $2M

Team