Skip to main content

Story of Nidhi Agarwal’s Kaaryah Lifestyle Solutions

Nidhi Agarwal, Fouder & CEO, Kaaryah
With an experience of 17+ years, Nidhi Agarwal understood the importance of well fitted, functional, feminine and fashion-forward western formal wear. She believes that, there is the huge scope for start-ups in this space, as the customers are extremely under-served and the need is very large. Thus,Just by virtue of that the number of providers that can actually coming to serve existing customers.

Speaking on the idea behind the launch of Kaaryah, Nidhi, Founder and CEO Kaaryah Lifestyle Solutions, said,
There was a large unmet need for these across age groups, no matter what their occupation was. I therefore focused on bridging the gap between western formals and the Indian silhouette, its perfect fit and a variety to choose from.
Hence, after 1.5 years of market and product related research focusing on challenges with the current set of options available, Nidhi launched Kaaryah in September 2013, aimed towards providing wardrobe solutions that help in discovering not just the perfect fit but also what flatters different body types.
The beginning

One fine day, Nidhi was travelling to attend a meeting and meanwhile at airport she spilled some coffee on herself. She spent hours in malls in search of new shirt, but failed to get any, due to fitting issues.

After conducting a survey among 250 women, she came to know that, she is not the only one facing this size and perfect fit issues and the survey revealed that 80 per cent of women are facing the same problem. Thus, Kaaryah came into existence.
The funding journey

Initially as a start-up Kaaryah struggled for months to get its first round of funding. But nevertheless, Ratan Tata, former Chairman of Tata Sons, has invested an undisclosed amount in Kaaryah.
We are fortunate to have investor associated with Kaaryah such as Mr.Ratan Tata and another gentleman whose name is unannounced for funding, added Nidhi.

The mechanism of Kaaryah

Kaaryah is focused on the women with busy life style. As far as its strategies are concern, Kaaryah is listed on all marketplaces and also available at Kaaryah.com, to reach out to its TG.

Today Kaaryah is the largest catalogue for shirt, skirts and trousers online and we introduce 150 new designs every month. We are the only brand, globally, that offers western wear in 18 sizes, compared to a global average of 12-13 sizes. Our innovative What’s my Size Algorithm, promises up to 85 per cent accuracy in sizing.

Nidhi informed that the venture has grown 15 per cent month on month without any marketing, so that should be indicative of response it’s getting.Karyaah has been receiving around 45-55 per cent of transaction from non-tier I cities.
Our vision is to make Kaaryah one of the largest brand for western non-casual wears for Indian Women. We will keep focusing on our vision and try our best to get as close as we can concluded Nidhi.
This article was earlier published on Indian Media Book http://www.indianmediabook.com/startup-of-the-week-nidhi-agarwals-kaaryah-lifestyle-solutions/

Comments

Popular posts from this blog

Up Close & Personal with Upasana Taku: Decoding women entrepreneurship in India

Upasana Taku, Co-founder Mobikwik After completing her engineering in 2001 from the National Institute of Technology in Jalandhar in June 2001, Upasana Taku, Co-founder, Mobikwik joined the Stanford University’s SLAC National Accelerator Laboratory as a research assistant. She had been working for several international companies till 2010 including HSBC, Paypal, 2020 Social, Drishtee etc. Later, she had joined Mobikwik in 2010 and then founded ZaakPay with her then business partner and now husband Bipin Preet Singh. How would you define true Woman Entrepreneurship? True woman entrepreneurship is breaking-free from all constraints, marching ahead with conviction. How is entrepreneurship and working women important for India as a whole? Working women not only add a lot of economic value to business, but also bring unique skills and capabilities to the workforce. Financially independent women help in developing a balanced societal structure. The scale of impact that ha...

The inception of RaghuKaka by Vineet Pandey and Vishal Panchal

Behind the scene It’s quite surprising that after building a successful facilities management company, Vineet Pandey and Vishal Panchal launched RaghuKaka an online marketplace for home and lifestyle services. The main object of RaghuKaka is to set standards, use technology and years of honed processes to make hiring services as easy and reliable as buying products from eCommerce. The reason behind this move is very simple and obvious too that owing a venture that employs over 700 skilled professionals for the corporate sector is easy, but whenever they looked to hire local service providers for household requirements, they were frustrated dealing with the unorganized options available.  Speaking about the idea behind RaghuKaka, Vineet Pandey, Co-Founder & CEO, said, “We realized that this was a big opportunity and the capability we had in delivering complex corporate facility solutions could be migrated to the retail sector as well. Raghukaka is an endeavour to brin...

Journey of Ankita Jain: From FM radio to GoPaisa

Ankita Jain, Co-founder of GoPaisa is a marketing graduate and holds a MBA degree in the same. She started her career in FM radio industry, but her keen interest in digital marketing motivated her to quit the job and initiate something in the field of her own interest. It was the time when e-commerce in India was at a nascent stage and to earn some additional income, Jain started digital affiliate marketing for companies based out of US and UK. Surprisingly she started earning more than her salary. Hence, instead of promoting international brands, in 2012, Jain decided to introduce the concept of CashBack in India with her husband Aman Jain, Co-Fouder, GoPaisa. At that time, she was just 24 years old and most of the brands did not take the concept seriously. She mentioned that the concept of CashBack was non-existent, everyone believed that CashBack as concept would never work. Our strong belief and understanding of the Indian psyche made us invest and be patient towards grow...