Company lists
The Maharashtra edition · 2026

Apparel brandscompanies in Maharashtra

Casual & everyday wear, ethnic & wedding wear, luxury & formal, sports & activewear, kids clothing and more: the companies building apparel brands in Maharashtra, with their founders, funding, team size and business models.

498 company profiles167 with reported revenue34 with recorded fundingSeptember 2026 edition
Maharashtra · Photo: Wikimedia Commons (Creative Commons Attribution-ShareAlike 4.0)

Recent apparel brands business events in Maharashtra

Funding, M&A, contract wins and launches involving 541 apparel brands companies in Maharashtra, last 24 months: 6 funding rounds · 6 M&A deals · 4 Contracts · 1 Launch. Newest first; companies and investors link to their Fliar profiles. Latest event in our news feed: Mar 2026.

FundingSeries A

Bonkers Corner

Omnichannel clothing brand Bonkers Corner has raised Rs 95 crore (approximately $10.5 million) in its Series A funding round, led by India SME Investment Fund, with participation from…

Investors India SME Investment Fund, Radhakrishna Ramnarain, Namita Thapar, Rajesh Raheja
Fashion
ContractInfrastructure

Capacit'e infraprojects · client: Raymond

Capacit'e Infraprojects Limited has secured a Letter of Intent (LOI) from TenX Realty Limited, acting on behalf of Raymond Limited, for a contract valued at approximately ₹537 crore,…

Real Estate Construction
Funding

The souled store

The Souled Store has raised approximately US $ 30 million in funding to date, including a US $ 16 million round led by Xponentia Capital in 2023 and a US $ 10 million investment led by…

M&AAcquisition · Completed

Aditya Birla Fashion and Retail acquires House of masaba

In 2022, Aditya Birla Fashion and Retail also acquired a 51% stake in House of Masaba

Fashion
LaunchFrenchie X

Vip clothing

VIP Clothing Limited proudly announced the launch of its vibrant sub-brand Frenchie X on Amazon India.

Innerwear
Funding

Kalki Fashion

Private equity (PE) firm, with a total fund size of ₹4,000 crore, has invested ₹225 crore in premium occasion wear brand Kalki Fashion for an undisclosed amount of equity.

Fashion / Apparel (premium occasion wear)
M&AAcquisition · Announced

The souled store acquires Redwolf

D2C fashion and lifestyle brand The Souled Store has acquired Redwolf, a fellow player in the pop culture merchandise space, in a move aimed at consolidating its position in the…

Pop culture merchandise
M&AAcquisition

Aditya Birla Fashion and Retail acquires Bewakoof

Aditya Birla Fashion and Retail’s acquisition of controlling stakes in digital‑first brands like Bewakoof.

Digital‑first brand
ContractService

Capacit'e infraprojects · client: Raymond

Capacit'e Infraprojects Ltd on Tuesday said it has received the Letter of Intent (LOI) from Raymond Ltd's step-down subsidiary TenX Realty for a realty project contract worth Rs 220 crore.

Construction
M&AMerger · Announced

Vip clothing acquires Zepto

VIP Clothing surged 11% after announcing a merger with quick-commerce platform Zepto.

FundingSeries A

Freakins

Gen Z-focused direct-to-consumer brand Freakins is raising Rs 25 crore (approximately $3 million) in its Series A round from existing investors Matrix Partners India and Blume Ventures.

Fashion retail
ContractInfrastructure

TEN X REALTY · client: Raymond

On 1 April 2025, Raymond Ltd said its step-down subsidiary, Ten X Realty East Ltd has entered into a Joint Development Agreement (JDA) for an upcoming residential project in Wadala, Mumbai.

Real Estate
Contract

TEN X REALTY · client: Raymond

Also, Raymond Ltd’s subsidiary, Ten X Realty West Ltd., has entered into a Joint Development Agreement (JDA) for new residential project in Mahim West, Mumbai.

Real estate
FundingPre-Series A

Terractive

Terractive has raised ₹8 crore in a pre-Series A funding round, co-led by Fireside Ventures and DeVC (Matrix Partners). The fresh funds will be utilized to accelerate fabric development…

Activewear
M&AAcquisition · Announced

House of anita dongre acquires General atlantic

General Atlantic Service Co. LP's roughly 40% stake in House of Anita Dongre Pvt. Ltd. is being targeted for a buyback by the India-based fashion house, The Economic Times reported.

M&AAcquisition · Announced

Suditi industries acquires Gini & jony

New Delhi: Suditi Industries has acquired Gini & Jony, the children’s wear brand.

Kidswear / children's clothing
FundingSeed

The pant project

Sorin Investments led a $4.25 million seed round for custom-made and ready-to-wear trousers manufacturer The Pant Project in June.

Fashion

Apparel brands companies in Maharashtra, by revenue

Browse apparel brands companies in Maharashtra by reported revenue, one-year revenue growth, revenue model, age and stage. The 50 companies below are the largest by their most recent reported revenue among 167 apparel brands companies in Maharashtra that have filed a figure in the last four years. Every figure keeps its own reporting period, so compare periods before comparing amounts.

Showing 25 of 50

Brand of casual wear for men and women

Apparel brands
₹9,285.63 crFY 2023-24
Not reported
2,636-6% 12 mo to Feb 2024recorded Feb 2024
101 yr1925
0none in 3 months

Internet first brand offering apparel wear for women and men

Apparel brands
₹2,415.80 crFY 2024-25
+5%2024–2025
4,293+10% 12 mo to Sep 2024recorded Sep 2024
18 yr2008
0none in 3 months

Internet first brand of apparel for men

Apparel brands
₹2,129.65 crFY 2023-24
Not reported
4,651-3% 12 mo to Jul 2024recorded Jul 2024
48 yr1978
1postings · last posted Aug 2026

Manufacturer of cotton yarn, denim fabric, and terry towels

Apparel brands
₹1,057.62 crFY 2024-25
+9%2024–2025
480-5% 12 mo to Aug 2024recorded Aug 2024
23 yr2003
0none in 3 months

Designer, manufacturer, and marketer of branded clothing for men and women

Apparel brands
₹799.67 crFY 2022-23
Not reported
1,793-4% 12 mo to Nov 2023recorded Nov 2023
45 yr1981
0none in 3 months · last posted Jun 2026

Manufacturer and retailer of apparel and accessories

Apparel brands
₹614.89 crFY 2022-23
Not reported
1,418LinkedIn · Jul 2026
28 yr1998
0none in 3 months · last posted Jun 2026

Internet first brand of casual apparel wear for men and women

Apparel brands
₹606.96 crFY 2022-23
Not reported
1,078+6% 12 mo to Sep 2024LinkedIn · Jul 2026
34 yr1992
0none in 3 months · last posted May 2026

Internet first brand offering apparel wear for men, women and kids

Apparel brands
₹562.70 crFY 2022-23
Not reported
492+16% 12 mo to Sep 2024LinkedIn · Jul 2026
53 yr1973
0none in 3 months · last posted Jun 2025

Internet first brand of apparel for men

Apparel brands
₹511.32 crFY 2022-23
Not reported
612-2% 12 mo to Sep 2024LinkedIn · Jul 2026
28 yr1998
0none in 3 months

Internet first brand of apparel for women

Apparel brands
₹476.12 crFY 2022-23
Not reported
1,065-37% 12 mo to Sep 2024recorded Sep 2024
31 yr1995
—No postings tracked

Online retailer offering licensed pop culture apparel, accessories, and lifestyle products

Fashion tech
₹500.29 crFY 2024-25
+36%2024–2025
953-90% 12 mo to Sep 2024LinkedIn · Jul 2026
13 yr2013
8postings · last posted Sep 2026

Company specializing in designing, manufacturing, and selling a wide range of rainwear and winterwear products for men and women

Apparel brands
₹415.29 crFY 2022-23
Not reported
217LinkedIn · Jul 2026
31 yr1995
0none in 3 months

Internet first brand offering innerwear

Apparel brands
₹355.25 crFY 2022-23
Not reported
1,321-9% 12 mo to Sep 2024recorded Sep 2024
49 yr1977
—No postings tracked

Manufacturer of innerwear activewear swimwear and sleepwear for adult women

Apparel brands
₹370.44 crFY 2024-25
+16%2024–2025
5+8% 12 mo to Sep 2024LinkedIn · Jul 2026
17 yr2009
0none in 3 months

Brand of casual wear apparel for men and women

Apparel brands
₹282.98 crFY 2024-25
+3%2024–2025
7LinkedIn · Jul 2026
18 yr2008
0none in 3 months

Internet first brand offering kids and baby products

Mom & baby care
₹264.96 crFY 2024-25
+20%2024–2025
494+11% 12 mo to Sep 2024LinkedIn · Jul 2026
14 yr2012
0none in 3 months

Brand of multi category casual wear for women, men and kids

Apparel brands
₹249.59 crFY 2022-23
+33%2022–2023
66-47% 12 mo to Sep 2024recorded Sep 2024
19 yr2007
0none in 3 months

Retail chain of Indian ethnic wear for women, men, and children

Apparel brands
₹239.20 crFY 2024-25
+12%2024–2025
708+12100% 12 mo to Sep 2024LinkedIn · Jul 2026
19 yr2007
0none in 3 months · last posted May 2026

Internet first brand of formal wear for men

Apparel brands
₹215.12 crFY 2022-23
Not reported
104-9% 12 mo to Sep 2024recorded Sep 2024
30 yr1996
0none in 3 months

Manufacturer and distributor of mill-made Bottom-Weight cotton and blended suiting fabrics

Apparel brands
₹193.25 crFY 2021-22
Not reported
—Not available
7 yr2019
—No postings tracked

Innerwear, nightwear & hosiery brand for men & women

Apparel brands
₹183.71 crFY 2023-24
Not reported
3,750recorded
55 yr1971
1postings · last posted Jul 2026

Brand of ethnic and western clothing products, including kurtas, kurtas sets, and fusion wear, targeting women and kids

Apparel brands
₹151.92 crFY 2021-22
Not reported
—Not available
31 yr1995
—No postings tracked

Manufacturer of premium school and corporate uniform fabrics

Apparel brands
₹146.78 crFY 2021-22
Not reported
12+20% 12 mo to Feb 2024recorded Feb 2024
38 yr1988
—No postings tracked

Internet first brand of fashion apparel wear for women

Apparel brands
₹155.48 crFY 2022-23
Not reported
127-76% 12 mo to Sep 2024recorded Sep 2024
50 yr1976
—No postings tracked

Internet first brand of multi category casual wear and accessories for men

Apparel brands
₹161.76 crFY 2024-25
+77%2024–2025
77-11% 12 mo to Sep 2024LinkedIn · Jul 2026
26 yr2000
0none in 3 months
50 of 498 companies shown here · the full list is on Radar
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Explore all 498 apparel brands companies in Maharashtra on Radar

This page shows the top 50. Radar has the complete, filterable list with contacts and live company signals.

Open apparel brands in Maharashtra on Radar
  • Every company, not just 50All 498 apparel brands companies in Maharashtra, filterable by stage, funding, team size, revenue model and age.
  • Founders and decision-makersLeadership teams with roles and verified LinkedIn profiles, ready for outreach.
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Explore apparel brands companies in Maharashtra by what you are looking for

Browse top apparel brands in Maharashtra, from casual wear and ethnic wear to sports apparel brands and kids clothing. You can also find apparel brand startups in Maharashtra and companies that are hiring.

9 ways to explore apparel brands in Maharashtra

Casual wear & fashion clothing brandsEthnic wear & wedding wear brandsLuxury & formal wear brandsSports apparel & activewear brandsKids & baby clothing brandsGarment manufacturers & exporters

Casual wear & fashion clothing brands

Clothing brands for men and women, from everyday casual wear to street wear.

  1. Raymond

    Brand of casual wear for men and women

    Apparel brands
    See in list
  2. Siyaram

    Internet first brand of apparel for men

    Apparel brands
    See in list
  3. Sudar Industries

    Contract manufacturer, distributor & exporter of garments and apparel

    Apparel brands
    Website
  4. Sudarshanjeans

    Manufacturer of cotton yarn, denim fabric, and terry towels

    Apparel brands
    See in list
  5. Kewal Kiran Clothing

    Designer, manufacturer, and marketer of branded clothing for men and women

    Apparel brands
    See in list

Ethnic wear & wedding wear brands

Indian ethnic wear, designer and bridal clothing brands.

  1. Anita Dongre

    Manufacturer and retailer of apparel and accessories

    Apparel brands
    See in list
  2. KALKI

    Retail chain of Indian ethnic wear for women, men, and children

    Apparel brands
    See in list
  3. PeachMode

    Online retailer of women's ethnic wear and clothing

    Apparel brands
    See in list
  4. Libas Consumer Products

    Internet-first brand offering ethnic wear apparel for women and men

    Apparel brands
    See in list
  5. Tulsi Saree

    Provider of authentic handwoven silk sarees

    Apparel brands
    See in list

Luxury & formal wear brands

Luxury apparel brands and formal clothing labels.

  1. Sudarshanjeans

    Manufacturer of cotton yarn, denim fabric, and terry towels

    Apparel brands
    See in list
  2. Kewal Kiran Clothing

    Designer, manufacturer, and marketer of branded clothing for men and women

    Apparel brands
    See in list
  3. Anita Dongre

    Manufacturer and retailer of apparel and accessories

    Apparel brands
    See in list
  4. BRFL

    Manufacturer of casual and formal apparel wear for men and women

    Apparel brands
    Website
  5. Cottonking

    Internet first brand of formal wear for men

    Apparel brands
    See in list

Sports apparel & activewear brands

Sports apparel, gym wear and activewear brands.

  1. XLR8 Sports

    Internet first brand offering sportswear for men

    Sports tech
    Website
  2. TEGO

    Designer and retailer of premium fitness apparel and accessories

    Apparel brands
    Website
  3. Terractive

    Retailer of activewear and accessories engineered for comfort and performance

    Apparel brands
    Website
  4. Aesthetic Nation

    Online retailer of men's and women's gym wear and activewear

    Fashion tech
    Website
  5. Life & Jam

    Provider of an online brand of athletic apparel for women

    Apparel brands
    Website

Kids & baby clothing brands

Clothing brands for kids and babies.

  1. Hopscotch

    Internet first brand offering kids and baby products

    Mom & baby care
    See in list
  2. Cub McPaws

    Platform offering apparel for kids

    Mom & baby care
    Website
  3. PinkCow

    Online retailer of designer dresses, gowns, and related apparel

    Online mom & baby care
    Website
  4. Taffykids

    Online fashion brand offering a range of apparel for kids wear

    Mom & baby care
    Website
  5. Minnies

    Provider of personalized children's apparel and accessories

    Fashion tech
    Website
7 companies in Maharashtra

Garment manufacturers & exporters

Contract garment manufacturers and apparel exporters.

  1. Sudar Industries

    Contract manufacturer, distributor & exporter of garments and apparel

    Apparel brands
    Website
  2. Sudarshanjeans

    Manufacturer of cotton yarn, denim fabric, and terry towels

    Apparel brands
    See in list
  3. Shree Rayon

    Manufacturer & supplier of range of apparel and fabric products, including cotton kurtis, shirts, and salwar suits, to wholesalers and retailers

    Apparel brands
    See in list
  4. Eric Apparels

    Manufacturer of woven and knitted garments for men, boys, and girls

    Apparel brands
    Website
  5. CPS Shapers

    Manufacturer of shapewear, athleisure wear, and comfortable sports bras

    Contract manufacturers
    Website

Apparel brand startups in Maharashtra

Newer apparel brands founded in recent years.

  1. Freakins

    Chains providing denim apparel and fashion clothing

    Fashion tech
    See in list
  2. Knya

    Online retailer of medical apparel including scrubs, lab coats, and stethoscopes

    Apparel brands
    Website
  3. Ladycare

    Retailer of womens underwear, loungewear, shapewear, and related apparel items

    Apparel brands
    Website
  4. L.Y.F LIFESTYLE

    Brand of formal wear for men

    Apparel brands
    Website
  5. UNIREC Store

    Provider of sustainable, eco-friendly apparel for men and women

    Fashion tech
    Website
80 companies in Maharashtra

Apparel brands companies hiring in Maharashtra

Apparel brands currently hiring in Maharashtra.

  1. Siyaram

    Internet first brand of apparel for men

    Apparel brands
    See in list
  2. Kewal Kiran Clothing

    Designer, manufacturer, and marketer of branded clothing for men and women

    Apparel brands
    See in list
  3. Anita Dongre

    Manufacturer and retailer of apparel and accessories

    Apparel brands
    See in list
  4. KALKI

    Retail chain of Indian ethnic wear for women, men, and children

    Apparel brands
    See in list
  5. VIP Clothing

    Innerwear, nightwear & hosiery brand for men & women

    Apparel brands
    See in list
13 companies in Maharashtra

Listed apparel brands companies in Maharashtra

Publicly listed apparel brands in Maharashtra.

  1. Raymond

    Brand of casual wear for men and women

    Apparel brands
    See in list
  2. Siyaram

    Internet first brand of apparel for men

    Apparel brands
    See in list
  3. Kewal Kiran Clothing

    Designer, manufacturer, and marketer of branded clothing for men and women

    Apparel brands
    See in list
  4. Zodiac Clothing

    Manufacturer & exporter of men's fine clothing and accessories

    Apparel brands
    See in list
  5. Swasti Vinayaka Synthetics

    Brand of apparel for men

    Apparel brands
    Website
10 companies in Maharashtra
Mobile reach

Top 10 apparel brands apps from Maharashtra

The most-installed Android apps published by apparel brands companies headquartered in Maharashtra — 48.8M installs between them. 24 companies on this page publish at least one app; each company (legal entity) appears once, with its most-installed app.

1 of 10
1

Hopscotch - Kids Fashion Brand

by Hopscotch

Installs15.3M
Rating3.6691K ratings
Installs, year on year+20%
Last updatedMay 2026
View on Google Play ↗
Hopscotch - Kids Fashion Brand screenshot 1Hopscotch - Kids Fashion Brand screenshot 2Hopscotch - Kids Fashion Brand screenshot 3Hopscotch - Kids Fashion Brand screenshot 4Hopscotch - Kids Fashion Brand screenshot 5Hopscotch - Kids Fashion Brand screenshot 6
2

Mirraw: Online Shopping App

by Mirraw

Installs12.9M
Rating4.6432K ratings
Last updatedApr 2026
View on Google Play ↗
Mirraw: Online Shopping App screenshot 1Mirraw: Online Shopping App screenshot 2Mirraw: Online Shopping App screenshot 3Mirraw: Online Shopping App screenshot 4Mirraw: Online Shopping App screenshot 5Mirraw: Online Shopping App screenshot 6
3

The Souled Store: Shopping App

by The Souled Store

Installs10.1M
Rating4.85200K ratings
Installs, year on year+28%
Last updatedMay 2026
View on Google Play ↗
The Souled Store: Shopping App screenshot 1The Souled Store: Shopping App screenshot 2The Souled Store: Shopping App screenshot 3The Souled Store: Shopping App screenshot 4The Souled Store: Shopping App screenshot 5The Souled Store: Shopping App screenshot 6
4

Peachmode Online Shopping

by PeachMode

Installs6.8M
Rating3.8968K ratings
Last updatedFeb 2026
View on Google Play ↗
Peachmode Online Shopping screenshot 1Peachmode Online Shopping screenshot 2Peachmode Online Shopping screenshot 3Peachmode Online Shopping screenshot 4Peachmode Online Shopping screenshot 5Peachmode Online Shopping screenshot 6
5

Suta Bombay

by Suta

Installs1.1M
Rating4.733K ratings
Last updatedDec 2025
View on Google Play ↗
Suta Bombay screenshot 1Suta Bombay screenshot 2Suta Bombay screenshot 3Suta Bombay screenshot 4Suta Bombay screenshot 5
8

POWERLOOK Men's Fashion

by Powerlook

Installs505K
Rating—
Installs, year on year+140%
Last updatedApr 2026
View on Google Play ↗
POWERLOOK Men's Fashion screenshot 1POWERLOOK Men's Fashion screenshot 2POWERLOOK Men's Fashion screenshot 3POWERLOOK Men's Fashion screenshot 4POWERLOOK Men's Fashion screenshot 5POWERLOOK Men's Fashion screenshot 6
9

Knya

by Knya

Installs347K
Rating3.149K ratings
Last updatedMay 2026
View on Google Play ↗
Knya screenshot 1Knya screenshot 2Knya screenshot 3Knya screenshot 4Knya screenshot 5
10

KalkiFashion: Online Shopping

by KALKI

Installs259K
Rating—
Installs, year on year+42%
Last updatedJun 2026
View on Google Play ↗
KalkiFashion: Online Shopping screenshot 1KalkiFashion: Online Shopping screenshot 2KalkiFashion: Online Shopping screenshot 3KalkiFashion: Online Shopping screenshot 4KalkiFashion: Online Shopping screenshot 5KalkiFashion: Online Shopping screenshot 6
The business behind the activity

Apparel brands financials in Maharashtra

Revenue, profit and growth from the filed annual accounts of 141 apparel brands companies in Maharashtra for FY24-25 — 184 of the 498 companies on this page file accounts with the Ministry of Corporate Affairs. The five largest earn 43% of the revenue, so medians describe the typical company better than totals.

combined revenue, FY24-25₹12,992.66 cr

141 companies filing accounts

combined net profit₹8,931.91 cr

68.7% aggregate margin

are profitable59%

83 of 141 companies

median revenue~₹18.5 cr

the typical company

median revenue growth+9%

into FY24-25

earned by the top five43%

revenue concentration

Six-year view

Combined revenue of filing companies

₹11,297.29 crFY19-20119 filers
₹8,127.94 crFY20-21132 filers
₹13,135.25 crFY21-22140 filers
₹17,475.88 crFY22-23144 filers
₹12,569.64 crFY23-24155 filers
₹12,992.66 crFY24-25141 filers

The number of companies filing changes each year; the three-year cohort below compares like with like.

Like-for-like

The same 119 companies over three years

-23%
FY22-23₹16,590.37 cr₹582.11 cr net
FY23-24₹11,709.71 cr₹463.70 cr net
FY24-25₹12,822.13 cr₹8,950.37 cr net

Companies with accounts for all three years, so growth is not an artefact of who filed.

Scale and profit

Bigger companies are far more often profitable

Under ₹1 cr2722% profitable
₹1–10 cr2832% profitable
₹10–100 cr6080% profitable
₹100–1,000 cr2479% profitable
Over ₹1,000 cr250% profitable

Companies by FY24-25 revenue. Bars show how many companies sit in each band.

Momentum

How fast revenue moved into FY24-25

Shrinking52
0–20%38
20–50%22
50–100%9
Doubled+13

134 companies with accounts for both years; median growth +9%.

Profitability

Profit is concentrated at the top

83profitable
58loss-making
68.7%aggregate margin
0.8%median margin

The aggregate margin is pulled up by a few large filers; the median shows the typical company.

Growth leaders · ₹10 cr+ revenue

Fastest growing, FY24-25

CompanyGrowthRevenue
DemeDEMEBYGABRIELLA FASHION PRIVATE LIMITED+819%₹18.51 cr
Urban MonkeyURBAN MONKEY PRIVATE LIMITED+218%₹22.67 cr
FreakinsSINCE99 APPAREL PRIVATE LIMITED
KnyaKNYA ENTERPRISE PRIVATE LIMITED+88%₹51.11 cr
Thomas Scott, Thomas ScottTHOMAS SCOTT (INDIA) LIMITED+77%₹161.76 cr
EthnicityNEXON OMNIVERSE LIMITED₹587.61 cr
Profit leaders · ₹10 cr+ revenue

Highest net margins, FY24-25

CompanyMarginRevenue
RaymondRAYMOND LIMITED4743.0%₹190.35 cr
Sunnex JeansANNAPURNA APPARELS LIMITED25.4%₹34.97 cr
DemeDEMEBYGABRIELLA FASHION PRIVATE LIMITED20.1%₹18.51 cr
Linen And LinensLINEN AND LINENS PRIVATE LIMITED19.0%₹12.48 cr
I was a Sari2ND INNINGS HANDICRAFTS PRIVATE LIMITED17.2%₹13.08 cr
CottonkingFASHIONKING BRANDS PRIVATE LIMITED17.0%₹252.47 cr
Inside the industry

Sub-sectors compared, FY24-25

Sub-sectorCompaniesRevenueMedian revenueProfitableMargin
Apparel brands101₹11,863.09 cr~₹33.5 cr65%75.5%
Fashion tech34₹844.23 cr~₹1.8 cr47%-3.0%
Leaders

Largest apparel brands companies by revenue, FY24-25

Company · legal entityRevenueNet resultMarginGrowth
SuperdryRELIANCE BRANDS LIMITED₹2,415.80 cr−₹278.79 cr-11.5%+5%
SudarshanjeansSUDARSHAN JEANS PRIVATE LIMITED₹1,057.62 cr₹30.64 cr2.9%+9%
Kewal Kiran ClothingKewal Kiran Clothing Limited₹889.39 cr₹140.86 cr15.8%-1%
MuftiCredo Brands Marketing Limited₹624.26 cr₹68.41 cr11.0%+9%
SpykarSPYKAR LIFESTYLES PRIVATE LIMITED₹621.81 cr₹7.51 cr1.2%+3%
EthnicityNEXON OMNIVERSE LIMITED₹587.61 cr−₹24.03 cr-4.1%
The Souled StoreTHE SOULED STORE PRIVATE LIMITED₹500.29 cr₹11.04 cr2.2%+36%
Soie FashionGINZA INDUSTRIES LTD.₹370.12 cr₹8.67 cr2.3%+18%
BALDEV TEXTILE MILLSBALDEV TEXTILE MILLS PRIVATE LIMITED₹282.98 cr₹3.89 cr1.4%+3%
Red Rose IndiaJAIN AMAR CLOTHING PRIVATE LIMITED₹282.84 cr₹85.59 lakh0.3%-12%
Some figures are available to Radar members.Log in to Radar to see every figure

Standalone annual accounts filed with the Ministry of Corporate Affairs. Brands that share one legal entity are shown together and counted once.

For investors and data teams

Put this intelligence into your own tools

The figures on this page come from Fliar’s company, funding and MCA filings data. Use it through the Investor Intelligence API and MCA financials feeds, or explore every company, filing and investor in Radar.

Capital & corporate activity

Apparel brands funding and M&A across India

411 recorded equity rounds have gone to 2,456 apparel brands companies in India — how much, at which stage, into which sub-sectors, from whom, and how Maharashtra compares. Debt, IPO and grant rounds are excluded.

equity rounds, last 12 months25

US$58.94m

equity rounds, last 24 months74

US$223.62m

raised over five yearsUS$752.16m

230 rounds in India

M&A deals, Maharashtra6

last 24 months

Capital by year

Equity funding into apparel brands in India

amount rounds
$83m201826
$78m201935
$78m202026
$76m202136
$148m202248
$213m202343
$105m202437
$168m202550
$41m202616

Bars show US$ raised; the number under each year is equity rounds. 2026 is year to date. The peak year was 2023, with US$213.30m across 43 rounds.

The funding ladder · five years

Rounds and typical cheque by stage

AngelUS$5.31m39 rounds · median US$111k
SeedUS$103.82m117 rounds · median US$478k
Series AUS$276.73m35 rounds · median US$4.67m
Series BUS$239.23m24 rounds · median US$7.50m
Series CUS$51.74m8 rounds · median US$4.94m
Series D+US$25.00m4 rounds · median US$3.02m
Private equityUS$26.42m1 rounds · median US$26.42m
Where the money went · five years

Most-funded sub-sectors

Apparel brandsUS$383.36m109 rounds · 61 companies
Fashion techUS$270.86m106 rounds · 55 companies
SportswearUS$74.00m5 rounds · 1 companies
Mom & baby careUS$23.29m8 rounds · 4 companies
Baby & kids productsUS$466k1 rounds · 1 companies
Religion techUS$180k1 rounds · 1 companies
Corporate activity · last 24 months

M&A in Maharashtra

5Acquisition
1Merger

Most active acquirers

  1. Aditya Birla Fashion and Retail2
  2. The souled store1
  3. Vip clothing1
  4. House of anita dongre1
  5. Suditi industries1

Most acquired or merged

  1. House of masaba1
  2. Redwolf1
  3. Bewakoof1
  4. Zepto1
  5. General atlantic1

Each deal appears in the events strip at the top of the page.

Apparel brands funding in Maharashtra

34 apparel brands companies in Maharashtra have recorded equity funding, US$265.87m in total. Totals and round dates describe the historical record; they are not current valuations.

Founders and momentum in Maharashtra

Meet the people behind apparel brands companies in Maharashtra. 260 of 498 companies list founders or leaders; where a public LinkedIn profile matches exactly, the expanded profile shows the photo, headline, location and education.

Explore Maharashtra apparel brands companies by sub-sector

The most common specialisations among apparel brands companies in Maharashtra. Open a company to see what it sells, who runs it and how far it has come.

Keep exploring apparel brands in India and nearby markets.

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