Women’s Ethnic Wear Showroom Raising Funds In Bangalore
About Business
The business is a retail showroom operating in the premium women’s ethnic wear segment, focusing on sarees and occasion-based traditional clothing.
Background and Approach
It runs on a model that combines manufacturing, wholesale, and retail, which helps in maintaining better control over product quality and pricing. The focus has been on offering authentic designs and building trust with customers through consistency and variety rather than aggressive expansion.
Product Offering
The showroom offers a wide selection of sarees, including traditional varieties like Kanjeevaram, Mysore Silk, Dharmavaram, and Banarasi, along with other regional weaves. There is also a mix of cotton collections such as Chanderi and Narayanpet, along with designer kurtis.
A significant part of the sales comes from customers looking for wedding, festive, and party wear, where the business provides more personalized and customized options based on preferences.
Sourcing and Pricing
The sourcing is largely done directly from weavers, which helps in maintaining authenticity and also keeps pricing competitive compared to typical retail outlets. This approach allows the business to offer better value while maintaining margins.
Operations
The business operates through a physical showroom setup, with a strong focus on customer experience and repeat clientele. The integrated sourcing and selling model helps in managing inventory and ensuring product availability.
Financials
The business is currently doing an average monthly turnover of around ₹8 lakhs, reflecting steady demand and a stable customer base.
Investment Perspective
The business is built on a straightforward model with consistent demand in the ethnic wear segment. With the right support, there is scope to improve visibility, expand the product range, and gradually scale the operations.
Clientele type
The business caters to a diverse customer base, which helps maintain steady demand across different segments.
Local Customers: Residents from nearby areas and surrounding localities form a regular base of walk-in buyers.
Bridal and Occasion Buyers: A significant portion of sales comes from customers shopping for weddings, festivals, and special occasions, typically involving higher-value purchases.
Online and Remote Buyers: Through digital channels such as social media and direct communication, the business also serves customers across different cities and overseas, offering options like video-based selection and remote purchasing.
Reseller Segment: In addition to retail customers, the business supplies products to smaller boutiques and independent sellers, supporting a wholesale revenue stream.
Premises
LEASED
Lease per month (in INR): 1.00 L
Security Deposit (in INR): 10.00 L
Carpet Area: 1,550 sq ft
The showroom is located in a well-established and high-visibility area within a key residential and commercial zone of Bangalore.
Positioning: The showroom is on the first floor, above a popular sweet shop and next to a bank. This placement helps in maintaining lower rental costs compared to ground-floor spaces, while still benefiting from steady footfall due to the strong presence of nearby businesses.
Facilities: The space is well laid out and properly lit, offering a comfortable shopping experience. It includes dedicated sections for bridal collections and areas for customers looking at bulk or wholesale purchases.
Asking Price Includes
The investment includes a 25% stake in the business along with a share in inventory, showroom setup, and brand presence. It also provides access to the sourcing network, digital assets, and customer base. The investor will receive 25% of future profits and a proportional share in any future exit.
Asking Price
INR 50.00 L
Minimum ticket size
INR 50.00 L
Reason
The founders are seeking ₹50 lakhs for a 25% stake to transition an existing ₹1 crore revenue, 15% profit retail business into a D2C brand. The funds will be used for technology development, direct sourcing from weavers, and scaling digital marketing efforts.
Licenses
The business operates under the standard regulatory framework for textile retail in Karnataka: Trade License: Issued by the BBMP (Bruhat Bengaluru Mahanagara Palike). GST Registration: Active GSTIN for inter-state and intra-state trade (Essential for th
More Details
Management and Team
The business is managed directly by the founders, ensuring close control over operations. A small team of four members keeps costs low and operations flexible.
Digital Approach
The focus is on expanding digital presence through social media, collaborations, and improving online sales channels.
Key Highlights
Holds Silk Mark certification, ensuring product authenticity.
Achieved stable sales and local recognition within a short period.
Built a growing online audience with consistent engagement.
Keywords
Business Tags
Fundraising for ₹10 Cr – 500 Cr
Confidential Process Completed in 120 Days
Strategic Preparation, Aligned Investor Outreach and Seamless Closure
Supported by Advisors with 26+ Years of Experience