# Sukkhi Online Private

Startup profile on Capital Atlas: https://capitalatlas.ai/startups/sukkhi-online-private

- Industry: Consumer Products
- Headquarters: Mumbai, India
- Website: www.sukkhi.com
- Total disclosed funding: $7M
- Latest round: Series A (Oct 29, 2018)
- Investors on record: 2

## About

Sukkhi Online Private Limited is a Mumbai-based company specializing in the design and sale of Indian ethnic and fashion jewellery, catering to both traditional and contemporary tastes through an extensive online catalogue.Founded in 2012 in Mumbai, India, Sukkhi Online Private Limited focuses on offering a variety of fashion jewellery products. The company was co-founded by Bhavesh Navlakha and Raj Kanojiya, who have a background in the jewellery market. Sukkhi has successfully raised funding across three deals, with the latest round in May 2023 resulting in a total of INR 115.000 mn raised, valuing the company at INR 2792.328 mn. The latest investment was made by Duane Park Capital alongside other investors.Sukkhi Fashion Jewellery specializes in a diverse range of Indian ethnic and fashion jewellery, providing exclusive designs that range from necklace sets to earrings, bangles, rings, and hair accessories. These products cater to various occasions, including weddings and festivals, and are marketed primarily in India while also reaching customers in North America, Europe, and the Middle East through online sales channels.In the most recent fiscal year 2023, Sukkhi generated revenue of INR 13,138,609.4 with an EBITDA of INR -66,461, reflecting the company's operational performance during this period.Sukkhi Online Private Limited plans to introduce new jewellery lines in the upcoming months, aiming for a launch by late 2023. The company also intends to expand its reach into additional international markets, specifically targeting Southeast Asia and Australia within the next year. The recent funding round of INR 115.000 mn will be utilized to support these initiatives, as outlined in the deal overview from May 2023, which included participation from Foundation Private Equity.

## Funding rounds

- Series A, Oct 29, 2018, $7M — Carpediem Capital, Duane Park Capital

## Investors

- Carpediem Capital (https://capitalatlas.ai/funds/carpediem-capital) — Series A
- Duane Park Capital — Series A