# Cbazaar.com

Startup profile on Capital Atlas: https://capitalatlas.ai/startups/cbazaar-com

- Industry: Retail
- Headquarters: Chennai, India
- Website: www.cbazaar.com
- Total disclosed funding: $9.9M
- Latest round: Series B (Nov 10, 2014)
- Investors on record: 3

## About

Cbazaar.com is an online platform specializing in Indian ethnic wear, offering a wide range of products for women, men, and children, particularly for cultural and festive occasions.Cbazaar.com is an e-commerce company focused on Indian ethnic clothing. Founded by Rajesh Nahar, Ritesh Katariya, and Sarala Nahar, it operates from Chennai, India. The company has raised INR 400 mn in Series B funding on November 10, 2014, led by Forum Synergies, with participation from Inventus Capital Partners and Ojas Venture Partners. Cbazaar.com has engaged in two deals to date and has a current valuation of INR 1,500 mn.Cbazaar specializes in offering a diverse range of Indian ethnic wear, primarily targeting women, men, and children. Their core product offerings include lehengas, sarees, salwar kameez, and a variety of fusion wear such as Indo-Western outfits. The company caters to customers looking for traditional attire suitable for weddings, festivals, and other special occasions. Established to provide a platform for individuals seeking to embrace Indian culture through fashion, Cbazaar operates within several international markets, including the United States, United Kingdom, Australia, and Canada. The company emphasizes providing both ready-to-wear and customized clothing options, ensuring customers can find garments that fit both their style and size preferences.Cbazaar generated revenue of INR 4,166,023.90 in 2023, with an EBITDA of INR 250,169.50. Revenue is primarily derived from direct-to-consumer sales via its online platform, where customers can purchase a wide array of ethnic garments. The structure of transactions typically involves customers selecting items from the extensive product range, including flagship offerings such as bridal lehengas and embroidered sarees. The pricing structure caters to different budgets, reflecting the variety in the product offerings, and is influenced by seasonal demand, particularly during wedding seasons and cultural festivals.As part of its future growth strategy, Cbazaar plans to expand its product line by launching new ethnic wear collections aimed at international markets. Details on specific new products or release dates have yet to be publicly disclosed. The company is also targeting expansion into new regions beyond its existing markets in the United States, United Kingdom, Australia, and Canada, with specific geographic goals to be determined in the upcoming years. The recent Series B funding of INR 400 mn will be utilized to support these initiatives, enhancing the company's operational capabilities and marketing efforts.

## Funding rounds

- Series B, Nov 10, 2014, $6.5M — Inventus Capital Partners, Forum Synergies, Ojas Venture Partners
- Series A, Apr 28, 2012, $3.4M — Inventus Capital Partners, Ojas Venture Partners

## Investors

- Inventus Capital Partners (https://capitalatlas.ai/funds/inventus-capital-partners) — Series A, Series B
- Ojas Venture Partners (https://capitalatlas.ai/funds/ojas-venture-partners) — Series A, Series B
- Forum Synergies (https://capitalatlas.ai/funds/forum-synergies) — Series B