Milestone · Commerce & Consumer Brands

Arista Vault targets ₹100 Cr revenue, IPO

By Startup Enthusiast · 16 February 2026

What they do

Arista Vault makes smart luggage, wallets, and rideable suitcases with AI sensors and anti-theft features

The company reported ₹37 Cr revenue in FY26 to date and projects ₹100 Cr in FY27, with a ₹100 Cr valuation

It plans smart stores in India, exports to UAE, US, UK, and an IPO, aiming for ₹1K Cr valuation by 2028

Arista Vault was founded by Purvi Roy and Atul Gupta after two personal incidents: a broken suitcase in Milan and a wallet stolen in Delhi Metro.
The company makes smart luggage, smart wallets, and rideable suitcases, with a flagship product featuring AI-driven follow-me sensors.
It offers fingerprint-locked bags and luggage with live location tracking and anti-theft alarms.
The company has 20 SKUs (stock-keeping units, or distinct product types) across four categories.
Core technology is made in Delhi headquarters, with the rest in Kolkata, following a Make-in-India mission.
Every product undergoes 10 rounds of testing and certification.
Arista Vault was selected for MeitY's national innovation programme in 2020.
The company reported revenue of ₹7.71 Cr in FY24, ₹17.02 Cr in FY25, and ₹37 Cr in FY26 to date.
It collaborates with Hindustan Petroleum and was represented in Japan alongside Prime Minister Narendra Modi.
The company plans smart stores across India and exports to UAE, US, and UK in the next 12-18 months.

The smart luggage market in India is estimated at $245 Mn by 2030, growing at a 20% CAGR from 2025 to 2030.
Legacy brands rarely integrate smart features due to high costs and the need for constant innovation.
The brand name 'Arista' comes from Sanskrit, meaning 'unhurt', reflecting its focus on protection.
The company's revenue growth from ₹7.71 Cr in FY24 to ₹17.02 Cr in FY25 shows a 121% year-on-year increase.

Arista Vault is a hardware-innovation brand specializing in smart luggage, smart wallets, and rideable suitcases.
Its flagship product is a smart suitcase with AI-driven follow-me sensors.
The company offers fingerprint-locked bags, wallets, and luggage with live location tracking and anti-theft alarms.
It sells through 65% digital D2C (direct-to-consumer) channels and 35% offline experience centres at airports and high-traffic hubs.
Manufacturing is split: core tech in Delhi, rest in Kolkata, supporting a Make-in-India mission.
The company has 20 SKUs across four product categories, each undergoing 10 rounds of testing.
Revenue was ₹7.71 Cr in FY24, ₹17.02 Cr in FY25, and ₹37 Cr in FY26 to date, projecting ₹100 Cr in FY27.