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Manyavar & Mohey

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Manyavar & Mohey
Websiteurl
stores.manyavar.com
Company typeenum
Private
Founded yearstring
-
Ownership categoryenum
Headcount rangeband
11–50
akta.pro rankint
Markets served

Serves global market

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Social media profiles1 record
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Manyavar & Mohey

stores.manyavar.com

Manyavar & Mohey firmographics

Firmographics
Name
Manyavar & Mohey
Website
https://stores.manyavar.com
Company type
Private
Headcount range
11–50 employees
Ownership category
akta.pro rank

Manyavar & Mohey technology and API

Technology

API detail

API docs
API detail

Core technology

AI maturity

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Manyavar & Mohey competitors and assessment

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Manyavar & Mohey funding detail

Funding detail

Funding overview

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Investors

Funding detail is available on the Subscription and Enterprise plan.Contact sales →

Manyavar & Mohey M&A and investment

M&A and investment

M&A

Investments

M&A and investment is available on the Subscription and Enterprise plan.Contact sales →

Frequently asked questions about Manyavar & Mohey

When was Manyavar & Mohey founded?

Manyavar & Mohey was founded in -1. It employs 11 to 50 people.

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The Indian ExpressAnushka Sharma-Virat Kohli wedding was a ‘covert operation’, says Karan Johar; wedding coordinator reveals its biggest ‘cost factor’Wedding planner Devika Narain discussed the 2017 secret wedding of Anushka Sharma and Virat Kohli during an interview with Karan Johar for Manyavar and Mohey. The event, described as a 'covert operation,' involved using fake names and secret meetings to maintain privacy in Italy. This high-profile union is credited with significantly changing public approaches to weddings.LinkedInHow Manyavar and Mohey became India's most successful ethnic wear brandsIndia's athletic wear brands How Manyavar and Mohey are increasingly recognized as the country's most successful ethnic wear brands, with significant growth and regional impact. The articles discuss the development and prominence of these brands within the Indian market.The Times of Indiavedant fashions: Sales slump for Manyavar & Mohey's parent Vedant Fashions - The Economic TimesVedant Fashions, the operator of Manyavar and Mohey, has seen nearly $2 billion wiped off its market capitalisation over the past five months amid unprecedented competition in India's ethnic wear segment, where store numbers have trebled in the past two to three years. The company posted just 2% revenue growth last fiscal with same-store sales falling 4% in FY25 and the March quarter, while weak performance in Andhra Pradesh and Telangana compounded pressures from fewer wedding dates and subdued consumer sentiment. Management warned that current market dynamics are unsustainable given the scale of new entrants flooding the segment.India.comMeet man, who turned Rs 10000 borrowed from mother into Rs 32000 crore company, has over 600 stores in India alone, he is…Ravi Modi borrowed Rs 10,000 from his mother to found Vedant Fashions in 1999, building Manyavar into one of India's leading ethnic wear brands with over 600 stores nationwide. The company is now valued at Rs 32,000 crore with an estimated net worth for Modi of $3.1 billion as of February 2023. Manyavar, originally focused on men's kurta-pajamas and wedding wear, expanded to women's ethnic wear through its Mohey brand launched in 2015.The Voice Of FashionCan Twamev Recreate Manyavar and Mohey’s Success Story?Twamev, a new occasionwear brand from Vedant Fashions Limited, is expanding with its largest 10,000 sq ft flagship store in Delhi, aiming to fill a market gap between the company's budget-friendly Manyavar and Mohey brands and the luxury designer segment. The brand offers designer-inspired pieces at accessible prices, ranging from ₹3,990 for basic menswear to ₹1.6 lakh for ornate lehenga sets, with prices comparable to average festive designer offerings. Vedant Fashions reported revenue of ₹474.45 crore in Q3 FY24, up from ₹441.42 crore in Q3 FY23, though the company's shares recently hit an 18-month low, slipping 7 per cent on the BSE.LinkedInThe ethnic wear market in India is a $19 Billion market, with women's wear accounting for 93% of the market. However, Vedant Fashions Limited - Manyavar-Mohey has disrupted this trend. Ravi Modi was…Vedant Fashions Limited, operating under the brand Manyavar-Mohey, has established itself as a leading player in India's ethnic wear market by focusing on men's ready-to-wear clothing. The company generated $131 million in revenue from branded men's Indian wedding apparel in FY22 and currently operates 515 stores across India.