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Milestone · Commerce & Consumer Brands

Koskii targets INR 200-240 Cr revenue in FY26

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Date
Company
Koskii
What it does
Women's ethnic wear brand
Kind
Milestone
Based in
Bengaluru
Founded
2016
Sector
Commerce & Consumer Brands

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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