XYXX

XYXX

Internet first brands offering inner-wear and lounge-wear

Founded

2017

Headquarters

Surat (India)

Status

Series C

Company Details

Website

Socials

Email

Phone

+91 - 6358729768

XYXX is a leading Indian men’s premium lifestyle brand specializing in innerwear, loungewear and athleisure. XYXX has rapidly grown to become a major player in the retail apparel and fashion industry, serving customers across India through a robust omnichannel network.

Products & Services 

  • Men’s Innerwear: Premium briefs, trunks, boxers and vests made from ultra-soft MicroModal, Tencel Modal, and cotton fabrics for superior comfort and breathability.

  • Loungewear: Pajamas, lounge shorts and relaxed sets designed for everyday comfort and style.

  • Athleisure: T-shirts, joggers, trackpants and thermals suitable for workouts and casual wear, blending fashion with functionality.

  • Bottomwear: Shorts, trackpants and joggers with modern fits and practical features like adjustable drawstrings and zipper pockets.

  • Eco-Friendly & Innovative: Products crafted from naturally sourced, biodegradable fabrics with antimicrobial and moisture-wicking properties.

  • Pan-India Distribution: Available via D2C website, leading e-commerce platforms (Amazon, Flipkart, Myntra), quick commerce and 22,000+ offline retail touchpoints.

Business Model & Revenue Streams

  • Omnichannel Sales: XYXX operates a hybrid model, selling through its own D2C website, major online marketplaces (Amazon, Flipkart, Myntra, Ajio), quick commerce platforms (Blinkit, Swiggy Instamart, Zepto), and an extensive offline network of general trade, modern trade and exclusive brand outlets.

  • Product Sales: The majority of revenue comes from direct sales of innerwear (70% of sales), loungewear and athleisure (30%), with a focus on high-volume, affordable, and premium-quality essentials.

  • Marketplace Commissions: Earns from high sales volumes and preferential placements on leading e-commerce platforms, consistently ranking among the top brands in its categories.

  • Retail Partnerships: Collaborates with multi-brand outlets, modern trade counters and retail chains like Shoppers Stop to maximize reach and brand visibility.

  • Quick Commerce: Rapidly growing revenue from quick commerce platforms, which now contribute a significant share of online sales, especially in metro and Tier 1/2 cities.

Customer Segmentation

  • B2C (Primary): Modern, style-conscious men across India, especially millennials and Gen Z, seeking comfort, quality and fashionable essentials.

  • B2B: Retail partners, multi-brand outlets, and distributors expanding XYXX’s reach in urban and non-metro markets.

Growth Strategy

  • Category Expansion: Moving beyond innerwear to loungewear, athleisure and outerwear to become a comprehensive men’s lifestyle brand.

  • Retail Network Growth: Expanding exclusive brand outlets and retail touchpoints to deepen penetration in Tier II/III cities.

  • Product Innovation: Launching new fabric technologies and signature collections to stay ahead of trends and consumer preferences.

  • Sustainability & Circular Fashion: Strengthening eco-friendly initiatives and partnerships to drive brand differentiation and loyalty.

  • Digital & Quick Commerce: Scaling D2C and quick commerce channels for faster delivery and a superior customer experience.

Key People

Siddhartha Gondal

Yogesh Arun Kabra

Key Metrics

Total Equity Funding

$35.3Million

No. of Funding Rounds

9

Latest Funding Round

$3.6Million, Series C

as of March 4, 2025

Post Money Valuation

$71Million

as of May 14, 2023

Funding Multiple

1.8

as of May 15, 2023

Investors

Sauce

and 8 more

Employee Count

313

Similar Companies

Littlebox India

Exit Details

-

All Funding Rounds

DateRound NameAmountValuationRevenueRevenue Multiple
Investors
March 4, 2025Series C$3.6Million---Niveshaay Sambhav Fund,Sauce.vc, Anicut Capital.
May 14, 2023 Series C$13.4Million$71.0Million$13.5Million4.2x ASVF, Sauce, Anicut Capital, DSG Consumer Partners, Singularity Ventures AMC , Amazon
August 25, 2022Series B$9.4Milion-$9.9Million- Sauce, DSG Consumer Partners, Singularity Ventures AMC, Trifecta Capital, Raur Ventures and Consultancy LLP, Bend Reality
June 9, 2021 Series A$100.0K-$6.0Million-Trifecta Capital
May 14, 2020 Seed$2.9Million$20.4Million$2.0Million9.0x Sauce , Parkem Dyes And Chemicals, Bodhivriksha Advisors
September 5, 2019Seed$883.0K$7.8Million$1.1Million6.4x6.4x
February 27, 2019Angel$281.0K$4.2Million$434.0K9.0x Manu Chandra , Sauce

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