Scale your Venture
invstt offers a chance to find the right investors to back your idea.
1-10
Katihar
India , 2019
Katihar
While our brand doesn't necessarily have a groundbreaking technological innovation, it does showcase a combination of existing innovations uniquely for our target market: Sustainable Materials: * Reduced Environmental Impact: * Data-Driven Marketing :
About Us Asparsh is a sustainable women's workwear brand. we're empowering women to feel confident and responsible in their everyday lives. Join us in redefining workwear and rewriting the future of fashion.
Primary Revenue Stream: Direct-to-Consumer (D2C) E-commerce Sales: we sell our products directly to customers through our own online store. This allows us to control branding, pricing, and customer experience while capturing a higher profit margin. Potential Additional Revenue Streams: Online Marketplaces: we listing our products on established online marketplaces like Myntra, Amazon Fashion, or Flipkart. This can significantly increase brand visibility and reach a wider audience, potentially driving sales growth.
India
Marketplace
* D2C * B2B2C *Offline Store
Overall Market: The Indian fashion industry is massive, valued at ₹2.3 trillion (USD 33 billion) in FY2023 and expected to reach ₹3.2 trillion (USD 46 billion) by FY2026 (source: IBEF). * The Indian textiles and garments industry contributes to 5% of the country's GDP but is known as one of the most polluting industries globally. * However, consumer awareness of sustainable fashion is increasing, with 44% of Indian consumers seeking brands with eco-conscious practices (source: Times of India). * The sustainable fashion market in India is still nascent but is projected to grow at a CAGR (Compound Annual Growth Rate) of 10.6% within 2021-2026(source: ResearchAndMarkets.com). Competitive Landscape: * Direct Competitors: Consider brands like B Label (uses organic hemp), Ikat by Weavers Studio (focuses on handloom textiles and ethical production), or Anavila (sustainable luxury wear with a focus on ethical production practices), Nicobar (Luxury Travel or holiday wear brand using Tencel fabric). * Indirect Competitors: Analyse established brands offering regular/non-sustainable ethnic wear for working women. These brands might be potential competitors if they choose to introduce eco-conscious lines in the future. like FabIndia, Pinkfort, and Summer house.
Are all the founders full-time on this project?
Yes
Set up your account as an Investor.
Already have an account? Login Nowinvstt offers a chance to find the right investors to back your idea.
Login and get access to a authentic community of investors, founders and professionals.