Aanchal Saini, CEO
Relating to the everyday problem faced by today's youngsters which can be briefly summed up as having a wardrobe full of clothes yet nothing to wear, AanchalSaini took an innovative step to introduce fashion at the doorstep without spending loads of money on it. A lawyer turned entrepreneur, Aanchal founded RENT IT BAE in 2016 as a luxury fashion rental service offering ethnic, western and accessories from designer labels and brands on rent at a fraction of cost. She acquired Flyrobe in 2019. Flyrobe is India's first and largest fashion rental company and she has been steering the business towards profitability with scale since then. Ensuring growth via an omni-channel strategy across both online and offline mode, Aanchal has been stimulating a Pan India expansion of Flyrobe by building an innovative and reliable fashion rental business.
India’s Fashion Sector is Full of Promises
By: Deepshikha Singh, Editor
As the growth of apparel markets in developed countries is slowing down, simultaneously, it is seeing a robust growth in the developing nations. There is a paradigm shift due to demanding customer base, with trends inclining towards
Smart, Sustainable And Safe - Way Forward For Indian Apparel Exporters
By: Prof. Archana Gandhi, PHD - Dept. Of Fashion Technology, National Institute Of Fashion Technology, New Delhi
India is the fourth largest producer of textile and sixth largest exporter of apparel globally and has the entire value chain from
By: Ms. Rosie Gulati, Founder, Dressbio- A Luxury Women’s Fashion Wear Startup
In 2020, the fashion landscape has witnessed a major change in the shopping behavior of customers. This year, after navigating customers'
By: Rajesh Kumar Singh, Global Head HR, KPIT
Have explored a variety of roles in a professional life of more than 20 years spanning Public sector, Government, Private Sector and Startup. My journey began with State Bank of India as Probationary officer and then I moved to Government of
By: Kumar Gaurav, Vice President, Billion smiles Hospitality
Today, business is evolving, every minute and every second. Consumer demand and consumer perception plays vital role in demand which
By: Prof. Shobhit Aggarwal, Associate Professor, Finance And Accounting Area, IIM Udaipur
What is the most important thing for having a successful start-up? Good product or service? Great marketing skills? Exceptional technological superiority? The answer varies sharply based on whether you ask someone who is planning to start
By: Manish Bhatia, President - Technology, Analytics And Capabilities, Lending kart
During the dotcom boom from 1995 to 2000s, then commerce startups like Amazon, eBay, PayPal, were able to build businesses and scale them on an already available payment infrastructure.
Top 10 Fashion Startups - 2021
In India, fashion designing has traversed a long path and has applied aesthetics and turned into a lucrative industry. As per a report by McKinsey FashionScope, the Indian apparel market is projected to reach USD 59.3 billion by 2022. It would the sixth-largest market in the world. The fashion industry in the country is among the largest employing sector, contributing five percent to the GDP. Last year the fashion startups got boosted by the advent of technology, highly growing e-commerce, and the encouraging strategies of Startup India, Make in India, and AatmaNirbhar Bharat initiatives by the Indian government. As a result, fashion business managers led the startups to become renowned brands with their exquisite plans and ideas.
The Covid pandemic has shifted the work process and lifestyle of people, where they are paying more attention to home decorations, requisites, and fashion behaviors. The Indian and worldwide consumers have started accepting the new normal and their inclination towards brands and shopping have changed. The consumers trust the brands that offer authentic clothing and garments across different channels, and the brands that maintaining Covid norms like sanitation, health, hygiene and nutrition with a well-developed supply chain. Experts suggest that this trend will be staying.
The invincible technologies like Artificial Intelligence, 3D image rendering, visual search and QR codes are helpful technologies for the fashion startups which are staying aligned to innovation for designing and manufacturing the latest unachievable fashion wear and filling the gaps between consumer demand and industry supply. There is growth in sales, digital merchandise, retail and connection with customers.
In this issue of the CEO Insights magazine, a list of ‘Top 10 Fashion Startups - 2021’, is provided to the readers by a team of fervent researchers, CEOs and VCs, and the CEO Insights magazine editorial board with accurate information about the exclusive offers of the startups and their journeys.
|Company Logo||Company Name||Company Management||Company Description|
|Black Cocoon||Ashutosh Sehrawat,Co-Founder & Chief Executive Officer||Online organic fashion store with sustainable products and manufacturer and exporter of modern fashion and textile|
|Flyrobe||Aanchal Saini,Chief Executive Officer||Designing and providing latest fashionable clothing with cloth rental services at doorstep and has unlimited subscription plans|
|Foxiie||Urwashee Saxena,Founder||Latest online platform for women jewellery pieces which are trending and has a huge collection of earrings, bracelets, necklace, and finger rings|
|Lueur Lingerie||Kunal Mohan Sharma & Sandhya Sharma,Co-Founders||Lueur Lingerie was established in 2019 with a vision of educating women regarding their breast health and significance of lingerie|
|Mids&Lows||Vikramaditya Sharma,Founder & Chief Executive Officer||Mids&Lows has emerged as India's next generation, second-to-none RETAIL sneaker & streetwear store|
|Moonstruck||Shrapi Singhvi,Chief Executive Officer||Renowned for giving detailed attention to every style they produce and provides conscious focus in creating silhouettes|
|PurpleGlossy||Padmini Bollineni & Sundeep Bollineni,Co-founders||Internationally acclaimed one of the premier designer hubs in the country for apparel and accessories for women and men|
|Studio Beej||Arundhati,Founder||Showing way to innovation in materials of clothing with latest materials and Indian craftsmanship|
|Valkyre Clothing||Arindam Bora,Director||Infusing fashion and art for design creation which are customized and unique for jackets and t-shirts|
|Walking Wardrobe||Ayush Rathi,Chief Operating Officer||Providing branded t-shirts, shirts ,jeans and chinos for men, kurtis and tops for women, with exclusive stitching service for ladies for ethnic wears|