Underneat

Underneat

E-commerce led womens innerwear D2C brand

Founded

2024

Headquarters

Gurugram

Status

Seed

Company Details

Website

Socials

Email

Phone

+91 - 7428636888

Underneat is a direct-to-consumer shapewear and intimate apparel brand designed for Indian women, focusing on breathable, climate-adapted products that prioritize comfort, subtle support, and everyday functionality.

Core Products and Services

  • Shapewear (waist cinchers, corsets, bodysuits, tummy-control shorts) designed for everyday light-to-moderate shaping and comfort for Indian body types

  • Intimate wear including bras and supportive innerwear optimized to be seamless under Indian outfits like kurtas, sarees, and Western wear

  • Comfort apparel such as leggings, tops, and other "second-skin" pieces that integrate shapewear-like support with breathable, climate-suited fabrics

Business Model and Revenue Streams

  • Direct-to-consumer online model through its own website, with a focus on repeat purchases and basket-building across shapewear and intimates

  • Revenue primarily from product sales (shapewear, bras, innerwear, comfort apparel), supported by strong influencer-led marketing and brand collaborations to drive high-volume digital sales

  • Growth reinforced by venture funding used to scale inventory, performance marketing, and potential expansion into marketplaces and select offline/retail formats

Key People

Vimarsh Razdan

Kusha Kapila

Key Metrics

Total Equity Funding

$2.51Million

No. of Funding Rounds

2

Latest Funding Round

$1.7Million, Seed

as of September 22, 2025

Post Money Valuation

$31.2Million

as of September 22, 2025

Funding Multiple

-

as of N/A

Investors

Fireside Ventures

Employee Count

28

Similar Companies

Rotoris

Exit Details

No Exits

All Funding Rounds

DateRound NameAmountValuationRevenueRevenue Multiple
Investors
September 22, 2025Seed$1.7Million--- Fireside Ventures
February 21, 2025Seed$808K$4.05Million-- Fireside Ventures

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