The home textile brand sources high-quality fabrics from pan-India suppliers and products are stitched at its in-house unit in Mumbai
Presented by Inc42 & Emiza, Co-Presented by Simpl & Axis Bank – the list features 52 brands racing to capitalise on the estimated $300 Bn market opportunity by 2030.
When Shakeef Khan was newly married and setting up a new home, he noticed the misleading product labels on bed and bath linen that screamed rich or glace cotton (100% pure cotton), although the material was mostly polyester. Apart from inferior product quality, designs also needed more variety. Seeing an opportunity to bring in premium-quality products, Khan joined hands with Ajay Vaish, a veteran in the industry, and Naksh was born. The brand primarily retails through ecommerce marketplaces and became EBITDA-positive in December 2023.