# Easy Spirit Enterprises Pvt.

Startup profile on Capital Atlas: https://capitalatlas.ai/startups/easy-spirit-enterprises-pvt

- Industry: Consumer Products
- Headquarters: Mumbai, India
- Website: www.chupps.com
- Total disclosed funding: $1M
- Latest round: Seed (Jul 22, 2021)
- Investors on record: 5

## About

Easy Spirit Enterprises Pvt. Ltd specializes in comfortable and stylish footwear for men and women, offering a diverse range of products that emphasize sustainability and everyday usability.Easy Spirit Enterprises Pvt. Ltd was founded in 2019 and is headquartered in Mumbai, India. The company focuses on creating diverse footwear options, including sliders and clogs, that cater to different consumer needs. The founders, Gaurav Agarwal and Yashesh Mukhi, aimed to fill a gap in the market for stylish yet comfortable footwear. In November 2022, the company raised INR 14.98 million in venture funding, marking it as a notable investment target for Genesis Packaging Pvt Ltd. The total amount raised by the company stands at INR 14.98 million, and its current valuation is INR 600.60 million.Chupps specializes in a diverse range of footwear including sliders, clogs, sandals, and flip-flops designed for both men and women. The products prioritize comfort, style, and sustainability, utilizing lightweight, cruelty-free materials with a low carbon footprint. Targeting fashion-conscious consumers, particularly in India and the United Arab Emirates, Chupps has established a strong market presence, bolstered by celebrity endorsements that enhance its appeal.For the most recent year, 2024, Easy Spirit Enterprises Pvt. Ltd reported revenue of INR 650,909.30 with an EBITDA of INR 18,724.10. The company generates revenue through direct-to-consumer sales via its e-commerce platform, allowing customers to purchase individual items. Special promotions, such as discounts for first-time buyers, further enhance sales opportunities.Looking ahead, Easy Spirit Enterprises Pvt. Ltd is focused on expanding its product line and geographic reach. The company plans to launch new footwear designs aimed at enhancing consumer engagement and capturing a larger market share by the end of 2024. Recent funding of INR 14.98 million raised in November 2022 will support these expansion initiatives and facilitate entry into new markets.

## Funding rounds

- Seed, Jul 22, 2021, $1M — Global Founders Capital, Venture Catalysts, Green Frontier Capital, Blissberry Brews Private Limited, Genesis Packaging Pvt Ltd

## Investors

- Global Founders Capital (https://capitalatlas.ai/funds/global-founders-capital) — Seed
- Venture Catalysts (https://capitalatlas.ai/funds/venture-catalysts) — Seed
- Green Frontier Capital (https://capitalatlas.ai/funds/green-frontier-capital) — Seed
- Blissberry Brews Private Limited — Seed
- Genesis Packaging Pvt Ltd — Seed