2021
Noida (India)
Seed
Tonoto is a prominent Indian brand specializing in handcrafted accessories, with a strong focus on jewellery and designer bags. The company stands out for its commitment to traditional Indian embroidery techniques—such as aari, zardosi and resham threadwork—blended with modern, lightweight designs. Every product is meticulously crafted by skilled artisans, reflecting a dedication to quality, finesse and customer satisfaction.
Handcrafted jewellery like earrings, necklaces, chokers, maang tikkas, haathphools, mathapattis
Designer bags and clutches with traditional embroidery
Select home accessories (dinnerware, serveware, trays)
Customization for bridal/festive orders
Revenue mainly from direct product sales (online/offline)
Additional income from B2B wholesale and customization fees
Direct sales estimated at 70%+ of total revenue
Customer base: Predominantly B2C (urban women 18–40); B2B via retail partners and events
FY24 turnover: ₹1.5–5 crore range
Influencer and celebrity collaborations for brand advocacy
Artisan partnerships in Uttar Pradesh for production and skill development
Diversified client base; no single partner dominates revenue
Products shipped to 20+ countries
Growth: Expand offline stores, launch new product lines (home décor, men’s accessories)
Risks: Regulatory changes, economic volatility, rising competition
Targets: Double-digit revenue growth in FY25, greater artisan engagement, invest in product and supply chain innovation
$59.9 K
1
$59.9 K, Angel
as of January 21, 2023
$486 K
as of March 31, 2023
8.11×
as of March 31, 2023
N/A
3
Littlebox India
-
Date | Round Name | Amount | Valuation | Revenue | Revenue Multiple | Investors |
---|---|---|---|---|---|---|
January 21, 2023 | Angel | $59.9 K | $486.0 K | - | - | - |
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