INDIA'S
FASTEST-GROWING
D2C
BRANDS
VIEW Categories & selection Criteria
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01
Sanfe
02
Neeman’s
03
Flo Mattress
04
Super Bottoms
05
Loom Solar
06
Prolixr
07
Sleepy Head
08
Arata
09
The Indus Valley
10
Pee Safe
11
Power Gummies
12
Ugaoo
13
The Beauty Co.
14
Go Desi
15
Wellversed
16
Doozy Happy Nature
17
Melorra
18
Himalayan Organics
19
Boldfit
20
Zunpulse
21
Eyewearlabs
22
Farmers Fresh Zone
23
Clensta
24
Country Bean
25
Juicy Chemistry
26
Upakarma Ayurveda
27
Fast&Up
28
Kapiva
29
The Sleep Company
30
Vilvah Store
31
The Pant Project
32
Boldcare
33
Earth Rhythm
34
Pilgrim
35
Barf India
36
Solara
37
Tagz Foods
38
Boingg
39
Bili Hu
40
Habbit Health
41
Argatin
42
Bebe Burpp
19
Boldfit
Growth Category
Fact sheet
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FOUNDER(S)
Pallav Bihani
KEY INVESTORS
NA
FOUNDED IN
January 2019
SUB-SECTOR
Health & Fitness
HEADQUARTERS
Bengaluru
TOTAL FUNDING
Bootstrapped
KEY COMPETITORS
Decathlon
A health and fitness brand making supplements, equipment and more
Looking to transform himself from an overweight teenager to a healthy individual, founder Pallav Bihani set out on a fitness journey and then found his calling with fitness brand Boldfit
186.42%
Growth Rate
INR 25 Cr
FY21 Revenue
-
Users Served (New)
75+
NUMBER OF SKU’S
The ORIGIN STORY
While on his physical transformation journey, Bihani realised that he was fortunate to have all the resources he needed to afford a holistic fitness regime, but most people in India cannot say the same. With gyms or nutrition plans and superfoods being expensive for many, Bihani wanted to make health and fitness easily accessible and affordable.
The GROWTH
Although it is bootstrapped, the startup has grown at a fast clip, providing more than 75 SKU across health supplements, fitness accessories, healthy foods, and ayurveda categories and claims 1 Lakh monthly customers. The D2C model has also helped the brand win customer trust and gain significant traction for its recently launched vegan range and wellness products. It claims to have shipped 2 Mn products to date, and its revenue is expected to touch INR 65 Cr in FY22 compared to INR 25 Cr clocked in the previous financial year.
The DIFFERENTIATOR
Timing the product launch and keeping the prices reasonable without compromising on quality are Boldfit’s mantras. It has gone all out to push fitness and wellness as a critical mainstream category as this is the right time to build the mindset and reach that goal. As people’s awareness has surged, the company helps them stay active and updated with relevant fitness content.
The JOURNEY
In 2019, Boldfit kicked off and went on to add yoga and home workout equipment, nutraceutical supplements and other health and wellness products at pocket-friendly prices. The company has partnered with nutritionists, health and fitness experts, and manufacturers to standardise, curate and develop the product line, while top-quality ingredients are sourced from all over the globe. In the past few months, the D2C brand has introduced a range of vegan supplements, ayurvedic products and skincare items to broaden its portfolio. Most of its products are sold online, via its website or marketplaces.
What’s NEXT
The startup will expand its product portfolio in 12 months to cover more areas in fitness and wellness segments and make top-quality products readily available and affordable. Apart from sales through online channels, it is working on an omnichannel approach to ensure greater reach. It is also looking to launch an app this year to add value to people’s fitness journeys through better engagement. Boldfit plans to export its ayurvedic range in CY22 and touch the INR 100 Cr mark in revenue by December 2022.
42 of india's fastest growing d2c brans of 2022
fast42
42 of india's fastest growing d2c brands of 2022
fast42
42 of india's fastest growing d2c brands of 2022
fast42
42 of india's fastest growing d2c brans of 2022
fast42
42 of india's fastest growing d2c brands of 2022
fast42
42 of india's fastest growing d2c brands of 2022
fast42
42 of india's fastest growing d2c brans of 2022
fast42
42 of india's fastest growing d2c brands of 2022
fast42
42 of india's fastest growing d2c brands of 2022
fast42
The
SELECTION
PROCESS
1000+
APPLICATION
APPLICATION
500+
Verification Calls
Verification Calls
140+
INTERVIEWS & PITCHES
INTERVIEWS & PITCHES
42
Brands Shortlisted
Brands Shortlisted
Inc42 conducted a 3 month application cycle and received over 1,000 nominations from India’s D2C brands. The D2C brands who submitted the complete application and who data we could independently verify were considered in this ranking.
The list comprises two categories – Growth and Emerging.
The list comprises two categories – Growth and Emerging.
01
02
GROWTH
CATEGORY
Read more
Read LESS
For India’s fastest growing D2C brands who have successfully demonstrated significant traction and growth, ranked on the basis of the highest revenue growth rates between 2020 & 2022.
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Generated at least INR 1 Cr revenue in FY 2020
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Generated at least INR 7 Cr revenue in FY 2022
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Generated at most INR 100 Cr revenue in any financial year
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Be privately held, for profit; based in India, and independent entity (not a subsidiary or division of another company)
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Should sell its own products via its own website as a key sales channel
EMERGING
CATEGORY
Read more
Read LESS
For India’s emerging D2C brands who have successfully demonstrated innovation or has the potential to disrupt a category, selected & ranked by an esteemed panel of industry leaders & Inc42’s editorial team.
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Founded on or after Apr 1st, 2020
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Generated at least INR 50 L revenue in any financial year
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Generated at most INR 7.5 Cr revenue in any financial year
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Be privately held, for profit; based in India, and independent entity (not a subsidiary or division of another company)
-
Should sell its own products via its own website as a key sales channel
EMERGING CATEGORY JURY
Growth category
For India’s emerging D2C brands who have successfully demonstrated innovation or has the potential to disrupt a category, selected & ranked by an esteemed panel of industry leaders & Inc42’s editorial team.
-
Founded on or after Apr 1st, 2020
-
Have generated minimum revenue of INR 50 L in any financial year/since incorporation
-
Should not have revenue exceeding INR 7.5 Cr in any financial year
-
Be privately held, for profit; based in India, and independent entity (not a subsidiary or division of another company)
-
Should sell its own products via its own website as a key sales channel