Launch · Commerce & Consumer Brands
Ecoright grows revenue 60% in FY25
By Startup Enthusiast ·
- Date
- Company
- Ecoright
- What it does
- Sustainable bags and accessories
- Kind
- Launch
- Founded
- 2019
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
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