Milestone · Commerce & Consumer Brands
Koskii targets INR 200-240 Cr revenue in FY26
By Startup Enthusiast ·
- Date
- Company
- Koskii
- What it does
- Women's ethnic wear brand
- Kind
- Milestone
- Based in
- Bengaluru
- Founded
- 2016
What they do
Koskii is an omnichannel D2C women's ethnic wear brand with 30 stores across 7 Indian cities
What happened
The company reported FY25 revenue of INR 150 Cr and aims for INR 200-240 Cr in FY26, with 33-60% growth
Why it matters
It raised INR 61 Cr in Series A funding in 2023 from Baring Private Equity Partners India
The details
- Koskii is a women's ethnic wear brand that sells bridal collections, festive wear, occasion-specific outfits, western wear, and fusion styles.
- The company operates 30 stores across 7 cities: Delhi, Hyderabad, Bengaluru, Chennai, Coimbatore, Kochi, and Pune.
- Its physical stores span 1.5 lakh sq ft in total.
- Koskii claims more than 50,000 brides have worn its lehengas.
- Footfall across stores is close to 5 million visitors.
- The company's digital storefronts attract 4.5 million monthly sessions.
- It has onboarded 2,25,422 unique customers on its website and app.
- Koskii reported FY25 revenue of INR 150 Cr and targets INR 200-240 Cr in FY26.
The bigger picture
- The company is preparing for a larger funding round, potentially leading to a public listing.
- It is building its leadership team and technology base for an INR 500 Cr business.
- Koskii's distributed sourcing model uses a network of small manufacturers and designer-entrepreneurs across India.
- The brand has a proprietary SaaS-style platform for demand analytics, trend detection, and automated order management.
About the business
- Koskii is an omnichannel D2C brand selling women's ethnic wear, including bridal, festive, occasion-specific, western, and fusion styles.
- It operates 30 physical stores across 7 cities in India.
- The company uses a distributed sourcing model with a network of small manufacturers and designer-entrepreneurs.
- It has a proprietary SaaS-style platform for demand analytics, trend detection, and automated order management.
- Koskii's annualised online revenue run-rate is INR 58 Cr, with 50% year-on-year growth.
- Its average order value (AOV) is INR 4,500.
- Digital audience: 30% from Tier 1 cities, 25% from Tier 2, and 45% from Tier 3 cities.
- An order is placed every 1.3 minutes across all online channels.
What happens next
- Building leadership team and technology base for an INR 500 Cr business.
- Preparing for a larger funding round, potentially leading to a public listing.
Founders
- Umar Akhter, CEO
- Haroon Rashid, CPO
- Sameen Eajaz, COO
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