INDIA'S
FASTEST-GROWING
D2C
BRANDS
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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
31
The Pant Project
Emerging Category
Fact sheet
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FOUNDER(S)
Dhruv Toshniwal, Udit Toshniwal
KEY INVESTORS
NA
FOUNDED IN
October 2020
SUB-SECTOR
Apparel
HEADQUARTERS
Mumbai
TOTAL FUNDING
Bootstrapped
KEY COMPETITORS
Raymonds, Louis Phillipe, BlackBerry, Zara, H&M, Levis, Uniqlo, Andamen, Korra
Custom-made clothing for men and women
Despite launching amid the pandemic, The Pant Project banked on the comfort of its clothing winning over new customers.
INR 1 Cr
FY21 Revenue
13K
Users Served (New)
160
NUMBER OF SKU’S
The ORIGIN STORY
When The Pant Project cofounder Dhruv Toshniwal was studying in the US in 2013, he was taken aback by the flurry of D2C brands hitting the fashion market. Having become used to the comfort they offered, he saw that back in India, there’s a gap for such apparel. “I found the experience of going to a local tailor to be too tedious, and launched The Pant Project so that Indian men could get custom-made clothing from the comfort of their home,“ he says. The Toshniwal brothers come from the house that built Banswara Syntex, a textiles and garments manufacturer. Set up in 1976, the public-listed company currently has a market cap of over $50 Mn. But the brothers set up a separate entity as they wanted to take a digital-first approach and solve the problem of custom clothing through ecommerce.
The GROWTH
The founders claim the company earned INR 1 Cr in FY21, but is on track to grow this by 10X by March 2022 based on the ARR in December 2021. It’s confident that the new categories of jeans and womenswear will help it cross this mark. In terms of the customer base, the startup currently claims to have served 13,000 customers with over 20,000 units sold.
The DIFFERENTIATOR
The Pant Project’s association with the larger textiles company offers it access to a range of fabrics and material for its custom-made clothing, which doesn’t just include trousers, but also jeans, shorts, loungers and womenswear. The company’s signature range is made out of a stretch material that it claims is loved by customers because of the comfort it offers for all occasions. The startup also arranges free alterations and monogramming for its pants to take customisation to the next level.
The JOURNEY
While its power stretch pants range is said to be the top-seller, the company has also added custommade shorts and jeans, which is another category that is seeing a bit of action on the D2C front. It has also ventured into the highly-lucrative custom womenswear category with pants for now. Besides this, it will also be adding other categories as the company’s ambitions include owning a larger slice of an individual’s wardrobe.
What’s NEXT
Riding on the traction seen in the past few months, The Pant Project will soon launch on marketplaces and is looking to experiment with pop-up stores in the retail channel followed by brand-owned stores or experience centres. The plan is to get to an ARR of INR 25 Cr 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+
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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
Emerging 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
Emerging CATEGORY JURY