StopDownOpen the app

Launch · Commerce & Consumer Brands

Ecoright grows revenue 60% in FY25

By ·

Date
Company
Ecoright
What it does
Sustainable bags and accessories
Kind
Launch
Founded
2019
Sector
Commerce & Consumer Brands

What they do

Ecoright makes bags and accessories from organic cotton, jute, and recycled plastic

What happened

The startup grew revenue 60% to ₹14.08 Cr in FY25 and targets ₹18-19 Cr in FY26

Why it matters

Quick commerce now contributes 27% of sales, and the company plans to enter jewellery and home décor

The details

  • Ecoright was founded in 2019 by Nikita Barmecha and Udit Sood, both IIM Calcutta alumni.
  • The company started with tote bags and now sells over 300 SKUs including handbags, backpacks, and cross-body bags.
  • Products are made from organic cotton, jute, and recycled plastic bottles.
  • Manufacturing partners are based in Ahmedabad.
  • Revenue grew ~60% from ₹8.82 Cr in FY24 to ₹14.08 Cr in FY25.
  • By November 2025, the company had clocked ₹11.85 Cr in revenue, targeting ₹18-19 Cr for FY26.
  • Sales channels: marketplaces 53%, quick commerce 27%, own website 16%.

The bigger picture

  • The company improved return on ad spend and launched 60-minute delivery in Bengaluru.
  • Quick commerce revenue doubled and logistics costs were reduced 20-25%.
  • Tote bags anchor volumes, while premium cross-body bags, socks, bag charms, and backpacks are emerging growth drivers.

About the business

  • Ecoright sells sustainable bags and accessories through marketplaces, quick commerce, and its own website.
  • Products include totes, utility bags, handbags, cross-body bags, backpacks, and combos.
  • Materials used are organic cotton, jute, and recycled plastic bottles.
  • Manufacturing is done by partners in Ahmedabad.
  • Revenue grew from ₹8.82 Cr in FY24 to ₹14.08 Cr in FY25, a ~60% increase.

What happens next

  • Expand collections and strengthen corporate gifting.
  • Improve D2C experience.
  • Enter jewellery, home décor, and travel categories.
  • Explore international markets and build offline retail presence.
  • Focus on both B2B and B2C channels.

Founders

  • Nikita Barmecha, Co-founder
  • Udit Sood, Co-founder

Read it as a card in the app

Same day

All startup news on 21 February 2026 →