It used to be something on the lines of brands like Tantra. It is a very low cost development market. How have festival purchasing habits evolved over the years? Ltd. View Siddharth Munot’s professional profile on Relationship Science, the database of decision makers. ", Gaurav Sharma, Co-Head of Private Equity, Investcorp India, said: “Bewakoof.com has an impressive team led by its founders Prabhkiran and Siddharth. Siddharth Munot. The Latest: France shuts about 120 schools over virus, Net group says Wikipedia disrupted in Iran amid coronavirus, Israeli exit polls: Netanyahu ahead, but short of majority, Virus alarms sound worldwide, but China sees crisis ebbing. What strategies are you planning to gain that amount of traction? Why Retailers Are Innovating & Diving Deeper into AI and Robotics Solutions? Bewakoof.com – an online portal lead by Prabhkiran Singh and Siddharth Munot (engineer buddies from IIT Bombay) has hit the headlines, sometimes for funding from founder of Snapdeal, recently for its women’s collections, most-of-the-times for being licensee of Yash Raj Films and eveytime for the domain name BEWAKOOF. University of Pune. Investcorp raised INR 1,000 crore in its maiden India-focused private equity fund. Bewakoof - Founders & Team Prabhkiran Singh and Siddharth Munot are the founders of this hugely famous E-commerce startup known as Bewakoof.com. Get Contact Information on the World's Most Influential Decision Makers. Empower Your Business Applications with Industry-Leading Relationship Data from the RelSci API. IndigoEdge was the advisor to Bewakoof.com for the deal. Recruitment practices for brands and businesses post-pandemic, 6 points e-commerce firms should consider while selecting their logistics partner, Data will be the new oil running the workforce in retail, The Future of the Jewelry Industry: Trends & Insights, How maternity fashion has evolved in India, The changing food trends and startup strategies that are defining the New Normal, India's national product data repository hosts information on 'Country of Origin' of products. Of late a lot of T-shirt portals have come up. Box 24995, Doha See Photos. Ltd., Bewakoof Brands Pvt. Al Maryah Island Find RelSci relationships, employment history, board memberships, donations, awards, and more. See the complete profile on LinkedIn and discover Siddharth’s connections and jobs at similar companies. Bewakoof Brands Pvt. London W1K 3HW 280 Park Avenue Bandra Kurla Complex any kind between RelSci and Siddharth Munot. Since we did not know about the market so we thought to start with T-shirts first then getting into full-fledged category which is comparatively tough when it comes to sourcing. One thing that we have observed is that the Indian market has become more fashion conscious, credits to exposure to Hollywood or rise of Instagram. Directors of Bewakoof Brands Private Limited are Siddharth Anilkumar Munot, Gaurav Sharma and Prabhkirandeep Singh. See Photos. Siddharth Munot . We look forward to this partnership and towards seeking to crystallize the founders’ vision to create a formidable Indian apparel brand”. That was the first idea for Indian audiences. Siddharth Munot is Director at Bewakoof Brands Pvt. Investcorp manages over US $28 billion globally and at its core is a mid-market investment specialist. Having grown significantly in the last couple of years, we will continue investing in improving the customer experience through technological innovation and focusing on talent acquisition. What the future of personal care industry will look like? PO Box 5340 Copyright © 2009 - 2020 Franchise India Holdings Ltd, Brand highly depends upon viral effect for marketing of its women's category, Submit your email address to recieve the latest updates on news & host of opportunities. But when one is to buy trousers or shirts, consumers are very specific about the material, brand etc. All these factors make us believe that Bewakoof.com is a unique company amongst Indian digital consumer brands. New York, NY 10017 How much percentage of your revenue is from Tier II and Tier III cities? How consumer startups can get a business loan for their startup? Circuit initiative, Jayanti Kathale of 'PurnaBramha' Quit Infosys To Serve Authentic Maharashtrian Food In Bangalore. Between 2014 and 2017, Bewakoof Brands reportedly raised funds totalling $2.31 million from several investors such as Snapdeal founders Rohit Bansal and Kunal Bahl, private equity fund Uniqorn Ventures, Krishil Capital Holdings and Texport Industries. Riyadh 11575 Rising Trend Of Online Retailing In Consumer Electronics & Appliances Segment In India, Preparing for retail recovery and revival post COVID-19, The 'viral effect' strategy of marketing for bewakoof, January 16, 2016 They offer exceptional products, with a focus on innovation, affordability, capital efficiency and bottom-line contribution. According to you why this market has gain popularity? Do you have any plans for option like ‘Create ur own T-shirt’ on Bewakoof.com? The firms womens products include casual shirts, dresses, tank tops and crop tops. Whenever we were to launch a new category, we knew men would give a better response. ", CrazyEngineers exclusive interview with Siddharth Munot of Bewakoof.com as a part of Founders It is a big NO for us because our aim is to create a brand. What are the trends that are seen this year for online shopping? Launched on April 1, 2012, by IITians Prabhkiran Singh and Siddharth Munot, Bewakoof.com has relied on quirky, funny, out-of-the-box messaging on its products to connect with its customers. (adsbygoogle = window.adsbygoogle || []).push({}); Co-Founder at Bewakoof.comSiddharth Munot has worked with Bewakoof.Com, Munot Networks LLP, IIT-ians Pace Education Pvt Ltd, Siddharth Munot specializes in Business Strategy, Entrepreneurship, Market Research. Co-Founder at Bewakoof.comSiddharth Munot has worked with Bewakoof.Com, Munot Networks LLP, IIT-ians Pace Education Pvt Ltd, Siddharth Munot specializes in Business Strategy, Entrepreneurship, Market Research. Ltd. Stay informed and up-to-date on your network with RelSci news and business alerting service. We have around 2 M fan following on Facebook and around 30 thousand followers on Instagram. Ltd. added: “We are very pleased to have Investcorp on-board with us as we gear-up for the next exciting stage of our journey. Founded in 2011 by Prabhkiran Singh and Siddharth Munot, Bewakoof.com is one of the leading direct to consumer online apparel companies in India focused on providing creative and distinctive fashion at affordable prices for trendy and contemporary Indians. 5. Number of Boards. IndigoEdge was the advisor to Bewakoof.com for the deal. RelSci Relationships are individuals Siddharth Munot likely has professional access to. Also, they wanted to create something humorously, witty and eye-catching by the youth, so they thought Bewakoof.com would be perfectly good to start with. Our aim was not to create a T-shirt brand but to create a lifestyle brand. Co-Founder at Bewakoof.comSiddharth Munot has worked with Bewakoof.Com, Munot Networks LLP, IIT-ians Pace Education Pvt Ltd. Box 36961, Abu Dhabi Relationships. The private equity business of Investcorp has close to 40 years of mid-market investing experience across the North America, Europe and the MENA region with more than US $36 billion of transaction value in almost 200 investments across retail, consumer products, technology, business services and industrials. Bewakoof.com is a cool self-expression youth lifestyle Brand The more than a million Facebook Likes of Bewakoof.com with a Weekly Talking about of 5.5 Lac+(highest among brands in India), is a proof of the fondness of this Bewakoofi Culture. How Can Retailers Get a Platform to Connect & Work Seamlessly through Technology? One important thing has been the social media, wherein we are pretty active. New York, NY 10001. Bewakoof Brands Private Limited's Corporate Identification Number is (CIN) U74999MH2011PTC220994 and its registration number is 220994.Its Email address is cs@bewakoof.com and its registered address is 4th Floor, Kerom Building, Plot No. We focus a lot on designs and timely delivery, which are the proposition on to grow viral. 1. Which is the most preferred channel of shopping these days? This has led to delivering sales of more than 650,000 products per month with a customer base of over 4 million, often making repeat purchases. Whereas in Tier II and Tier III cities, there is lack of options and by selling online we are offering them accessibility to great designs and that is how we are relevant. Siddharth Munot 's Details. Siddharth Munot is the founder of Bewakoof Brands Pvt Ltd. Mr. Munot is on the board of Bewakoof Brands Pvt Ltd. “Having grown significantly in the last couple of years, we will continue investing in improving the customer experience through technological innovation and focusing on talent acquisition," said Prabhkiran Singh, co-founder and director of Bewakoof Brands, said the company in a statement. West Bay Area So the brand is all about - this is what we believe in, this is what we stand for and if you like it, you should buy from us. The use of any trade name or trademark is for identification and 45 per cent of our sales are in metros and a major chunk comes from Tier II and Tier III cities. Mumbai – 400051 United States of America, Investcorp House Tower 1, Suite 701 What made you go the WhatsApp was to sell products? At Bewakoof.com, the customer is at the centre of everything we do, and we remain committed to providing quality and creative fashion to the youth at an unmatched value. State of Qatar, Al Sila Tower – 8th Floor 8 Clever Ways For Online Shoppers To Save Big On Every Purchase Everyday, Emerging Trends In Digitizing Retail Stores. The company has its business running through catchy and funny messages printed on its products. What change do you see in consumer behavior?