INDIA'S
FASTEST-GROWING
D2C
BRANDS
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01
Desi Farms
02
The Sleep Company
03
Boldfit
04
The Pant Project
05
Rage Coffee
06
Juicy Chemistry
07
Anveya Living
08
Earth Rhythm
09
Happy Nature
10
Revour Consumer
11
Chkokko
12
Innovist
13
Beco
14
Geek – Harkin
15
Himalayan Organics
16
Country Bean
17
Infinia
18
DrinkPrime
19
Snitch
20
Flo Sleep Solutions
21
Wellbeing Nutrition
22
XYXX
23
The Decor Kart
24
Wings
25
Power Gummies
26
Gramiyaa
27
Farmers Fresh Zone
28
Bunaai
29
SuperBottoms
30
Deconstruct
31
Fix My Curls
32
Yu
33
Khari Foods
34
MasterChow
35
NE Origins
36
P-TAL
37
Perfora
38
Saaki
39
Sadhev
40
ShineXPro
41
SVISH-On-The-Go
42
Zeroharm
24
Wings
Growth Category
Fact sheet
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FOUNDER(S)
Nishit Sharma, Vijay Venkateswaran
KEY INVESTORS
NODWIN Gaming
FOUNDED IN
May 2018
SUB-SECTOR
Electronics
HEADQUARTERS
Noida, Uttar Pradesh
TOTAL FUNDING
$1.2 Mn
KEY COMPETITORS
Rode, Razer (International brands)
Wings Wants To Wow Mobile Gamers With Its In-Sync Audio Experience
Its wireless earbuds offer six hours of uninterrupted playtime for an immersive mobile gaming experience
62%
Growth Rate
27 Cr
FY22 Revenues
10 Lakh+
Customers Served
20-30
Number Of SKUs
The Origin Story
Gaming enthusiast Nishit Sharma knew about the explosion of mobile gamers in India much before the pandemic outbreak. However, no audio brand catered to this massive market, although gaming console/PC-friendly hardware was readily available. Realising that mobile gaming was largely overlooked, Sharma developed Wings (operating under the parent company Brandscale Innovations) to help mobile gamers enjoy a premium audio experience. Three years later, Vijay Venkateswaran, who previously held leadership roles in Myntra’s audio and wearables categories, came on board as a cofounder.
The Growth
The brand began its journey with wireless earbuds and has expanded into categories such as gaming keyboards, mouse options, speakers and wearables like smartwatches. Last year, it also sponsored two major offline events – the NH7 Weekender and DreamHack India – for better brand building. Wings has sold over 10 Lakh products, served 10 Lakh+ consumers and clocked INR 27 Cr in revenue in FY22.
The Differentiator
The mindblowing popularity of PUBG Mobile, Clash of Clans and the likes has seen the rapid rise of mobile gaming as a mainstream entertainment channel in India. So, Wings has developed a wide range of wireless earbuds and gaming headphones designed to serve the mobile gaming community. Its flagship Phantom Pro (wireless earbuds) offers a snug fit, supports passive noise cancellation (blocks out outside noises) and enables up to five hours of glitch-free playtime in a single charge. Latency in audio is another major pain point, especially in multiplayer mobile gaming. Hence, Phantom Pro and other dynamic audio products from Wings promise a lag of less than 65 milliseconds for an immersive gaming experience.
What’s Next
According to Mordor Intelligence, India ranks fifth among the top mobile gaming markets, with more than 22 Mn people spending an average of 42 minutes per day. Wings aims to make its mark in this market with its gaming-focussed audio lineup. In 2023, it will invest in brand building by collaborating with popular mobile gamers and expand to more lifestyle categories in another two years.
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
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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.
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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