TCNS Clothing designs, manufactures and sells contemporary ethnic wear targeting women aged 25–40 through three brands: W, Aurelia and Wishful. The company operates across the value chain from economy to premium segments and sells through over 300 exclusive stores in more than 100 cities plus more than 1,600 points of sale across India, Mauritius, Sri Lanka and the Middle East. W has grown to over 200 stores and Aurelia is available in more than 100 stores. TCNS reported consumer sales of more than US$120 million in fiscal year 2016, reporting 70% year‑over‑year growth, and added almost 100 stores in the prior year. The company has begun international expansion with exclusive stores in Sri Lanka and Mauritius. Management says it plans organic growth as well as expansion through additional womenswear brands, complementary offerings, and further international markets.

Total raised

$140M

Funding rounds

1

Latest round

Equity

Latest activity

Aug 2016