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Mokobara
Fashion · D2C luggage / travel gear
Series BIndia
HQBengaluru, India
Founded2020
FoundersNavin Parwal, Sangeet Agrawal
RegionIndia
Financials
FY24 Revenue₹117 Cr (FY24)
FY25 Revenue₹240 Cr (FY25)
YoY growth2.2x FY24; 2x FY25
Profitabilityprofitable
Channels & Distribution
Channel mix not disclosed.
D2C—
Marketplace—
Offline—
Stores36
Tech stack
Primary stackShopify Plus
Shopify share95%In-house: 5%
Mobile appNo
Stack signals
Shopify Plus (verified case study)UpsellPluscustom checkout extensibilitymulti-store (UAE)
CRM: Shopify-native + apps
Analyst notes
D2C luggage/travel gear founded 2020 by Navin Parwal and Sangeet Agrawal. FY24 ₹117 Cr (2.2x); FY25 ₹240 Cr (2x), profitable. Shopify Plus verified case study; multi-region (India + Dubai). 36 stores including 15th India store in Khan Market.
Confidence: verifiedVerified 5 Jun 2026
Funding
Latest roundSeries BFeb 2024
Round size$12M
Total raised—
Valuation~$100-150M est.Feb 2024
Investors
Peak XV (lead)Sauce VCSaama Capital
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