What is eShakti?
eShakti operates as an online apparel store, differentiating itself by offering customers extensive customization options for their purchases. This allows for adjustments to style, comfort, and size, ensuring a personalized fit and aesthetic. The company provides a broad range of sizes, from 0 to 26W, with the additional capability for custom sizing. Customers can select from various embellishments, print designs, embroidery, and fabric texturing to create unique, one-of-a-kind garments. This made-to-order model eliminates stock-outs and fosters a direct, customer-centric interaction, enabling eShakti to better understand and cater to shopper needs.
How much funding has eShakti raised?
eShakti has raised a total of $7.7M across 3 funding rounds:
Series A
$4M
Unspecified
$1.3M
Debt
$2.3M
Series A (2011): $4M with participation from Chiratae Ventures
Unspecified (2016): $1.3M led by Infina Finance Pvt. Ltd
Debt (2017): $2.3M supported by Blacksoil Capital
Key Investors in eShakti
Blacksoil Capital
Blacksoil Capital is an entity that provides asset-backed loans to companies, particularly those in the new economy sector, to support their working capital and expansion needs. They focus on financing companies that may have limited access to traditional capital or are looking to finance intangible assets.
Chiratae Ventures
Chiratae Ventures is a venture capital firm that invests in technology and technology-enabled businesses. They are known for backing early to growth-stage companies across various sectors.
Infina Finance Pvt. Ltd
Infina Finance Pvt. Ltd is an Indian Non-Banking Financial Company (NBFC) that offers a range of financial solutions, including corporate real estate funding and loans against property, catering to clients seeking substantial financing with efficient processes.
What's next for eShakti?
The recent major strategic investment in eShakti signals a pivotal phase for the company, likely focused on scaling operations, enhancing its customization technology, and expanding its market reach. This infusion of capital is expected to fuel further innovation in personalized fashion e-commerce, potentially leading to broader product lines and enhanced customer engagement strategies. The company's unique value proposition in custom apparel positions it for continued growth and market leadership.
See full eShakti company page
