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
28
Bunaai
Growth Category
Fact sheet
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FOUNDER(S)
Pari Choudhary
KEY INVESTORS
Bootstrapped
FOUNDED IN
November 2016
SUB-SECTOR
Fashion
HEADQUARTERS
Jaipur, Rajasthan
TOTAL FUNDING
Bootstrapped
KEY COMPETITORS
Libas, Indya, Global Desi
Fashion Fusion: Bunaai Blends Traditional Crafts And Modern Chic For A Vibrant Style Statement
Pari Choudhary started Bunaai with her own money and invested INR 50K. Today, the brand operates two exclusive stores in Indore and Jaipur
11%
Growth Rate
34 Cr
FY22 Revenues
90K (New)
Customers Served
800
Number Of SKUs
The ORIGIN STORY
While studying at a Delhi college, Pari Choudhary worked with many brands as a social media influencer. But she was more of a creator – a fashion enthusiast to the core – and loved experimenting with different designs, patterns and craft genres to create trendy outfits. When the 23-year-old moved back to her hometown Jaipur in 2016, she was naturally drawn towards fashion and wanted to blend the city’s vibrant craft legacy with contemporary styles to create her brand.
The GROWTH
Choudhary put INR 50K from her pocket to launch Bunaai and started her journey with a single category – handmade dresses. Over the years, she has diversified the product range to include kurta and suit sets, lehengas and co-ords and added categories such as jewellery, footwear, home décor and handmade accessories. The brand has also scaled its team from three to 300+, including the state’s artisans who work for it. Bunaai clocked INR 34 Cr as revenue in FY22 and opened two brick-and-mortar outlets in Indore and Jaipur. It has developed 800 SKUs to date and served about 90K customers in 2022.
The DIFFERENTIATOR
Bunaai features a variety of ethnic styles, including bandhej, chikankari and more. However, all its pieces have a distinctive touch of Rajasthan craftsmanship, be it through hand-painting, hand-dying or hand-block printing traditional designs. Choudhary says that the brand does not sell single items like a kurta or a stole. Instead, it offers entire sets at a ‘sweet price point’. Prices of traditional and Indo-western sets start at around INR 2K and can go up to INR 12-14K.
What’s NEXT
The brand started CY23 by listing itself on marketplaces such as Nykaa and Myntra. However, Choudhary will continue to focus on the startup’s website as its primary sales channel to help create a strong brand statement. Bunaai will also open more physical outlets and expand to Tier 1 cities like Bengaluru and Delhi to grow its offline business.
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