Company Intelligence Profile
Indic Inspirations India Private Limited
Pune-based D2C/wholesale brand selling India-heritage-themed gifts, decor and souvenirs ("Indic Objects") under Indic Inspirations, incorporated Dec 2019.
AI-generated summary from public filings and may contain errors. Verify against the detailed sections below.
Company Identity
Confirmed| Registered name | Indic Inspirations India Private Limited |
|---|---|
| CIN | U74999PN2019PTC188534 |
| PAN | AAFCI5115C — derived from GSTIN 27AAFCI5115C1ZZ (digits 3-12 of a GSTIN are the PAN); not independently confirmed on a registry page listing PAN directly, so treat as partial |
| Status | Active (per Tofler, TheCompanyCheck, Tracxn — checked May 2026); DPIIT-recognized startup; compliance status "Active Compliant" (TheCompanyCheck) |
| Listing | Unlisted / Private (confirmed — TheCompanyCheck) |
| Incorporated | 20 December 2019 (confirmed — Tofler, TheCompanyCheck, Tracxn, WebSearch aggregator) |
| ROC | Registrar of Companies, Pune (confirmed — Tofler, TheCompanyCheck) |
| Sector (NIC) | Listed variously as "Other business activities n.e.c. (services to commercial clients)" (TheCompanyCheck aggregator) and "E-commerce / Arts, entertainment and recreation" (TheCompanyCheck direct); actual trade is retail/wholesale of culture-themed gifts, decor and souvenirs — sources conflict on exact NIC bucket, business model description (IndiaMART, company site) is consistent |
| Registered address | SN-13, APT-1101, Udaybag, Bt. Kawade Rd, Orange Blossom Special/Ghorpadi, Pune, Maharashtra, India – 411001 (confirmed — Tofler, TheCompanyCheck) |
| Authorized capital | ₹5.15 Crore (₹51,500,000) — TheCompanyCheck gives exact ₹5.15 Cr; Tofler shows ₹5.2 Cr (rounded) — treat ₹5,15,00,000 as the precise figure |
| Paid-up capital | ₹14,00,210 (₹14.1 Lakh) — confirmed, consistent across Tofler and TheCompanyCheck |
Business Overview
Confirmed- Indic Inspirations is a Pune-based cultural/lifestyle retail venture founded Dec 2019 by Sunil Mohan Jalihal and Padmaja Sunil Jalihal
- It designs, curates and sells "Indic Objects" — home décor, souvenirs, corporate gifts and educational products — that narrate stories of Indian culture, heritage, science, mythology and modern achievements (e.g. ISRO/Chandrayaan-themed merchandise, Gond/Madhubani art, yoga tools, board games)
- It operates via its D2C site indicinspirations.com, a physical "Lounge Store & Experience Center" near Koregaon Park, Pune, and wholesale/marketplace listings (IndiaMART)
- The venture grew out of Heart for Art Trust, which has supported rural artisans since 2014
- Won Maharashtra Innovation Society's Best Startup Award 2022
- Classified as a wholesale/retail trader with up to 10 employees and estimated annual turnover ₹1.5–5 Cr (IndiaMART)
Directors
Partial / conflictingTwo directors, both confirmed present since incorporation (20 Dec 2019) across Tofler, TheCompanyCheck and Tracxn:
| Name | DIN | Role | Appointed |
|---|---|---|---|
| Sunil Mohan Jalihal | 01829535 | - | - |
| Padmaja Sunil Jalihal | 03476605 | - | - |
GST Registrations
Partial / conflicting| GSTIN | State | PAN | Status |
|---|---|---|---|
| 27AAFCI5115C1ZZ | Maharashtra | AAFCI5115C — derived from GSTIN 27AAFCI5115C1ZZ (digits 3-12 of a GSTIN are the PAN); not independently confirmed on a registry page listing PAN directly, so treat as partial | Active |
Primary GSTIN: 27AAFCI5115C1ZZ (Maharashtra, state code 27), registration date 06-02-2020, status Active (confirmed — WebSearch aggregation citing IndiaMART/GST-verified listing). PAN embedded in GSTIN: AAFCI5115C. Home state: Maharashtra. Number of registrations: 1 (only one GSTIN found; no evidence of multi-state registration). Could not independently load a dedicated knowyourgst.com individual GSTIN page to cross-verify — treat as partial.
Financials
Partial / conflictingFY2024 (year ended 31 Mar 2024), standalone, per Tracxn/TheCompanyCheck/Tofler (aggregator-level, partially paywalled):
| Revenue | ₹1.78 Cr (down ~4-6.5% YoY — sources vary slightly: -4% Tracxn/TheCompanyCheck vs -6.49% Tofler) |
|---|---|
| EBITDA | not disclosed (locked/premium on all sources); Tracxn cites 1-yr EBITDA CAGR of 44% without absolute figure |
| PAT/Net Profit | not disclosed in absolute terms; Tofler shows Net Profit Margin 7.03%, Net Profit growth +190.59% YoY (implies rough PAT ≈ ₹12-13 L on ₹1.78 Cr revenue, but not a confirmed figure) |
| Net Worth / Return on Equity | ROE 7.53% (Tofler); absolute net worth not obtained |
| Borrowings | ₹45 Lakh open charge with HDFC Bank Ltd, registered 23 June 2021 (confirmed — TheCompanyCheck, Tofler); Debt-to-Equity 0.18 (Tofler) |
Last financial statements filed: 31 March 2024 (TheCompanyCheck)
Funding
Partial / conflicting- Total funding reported ~$814K (≈₹6.7 Cr) over 4 rounds from 15 investors (Tracxn)
- Notable round: ₹2.5 Cr angel round announced 19 March 2021 from senior executives at Google-USA and Goldman Sachs-Singapore, Venture Finance Development Corporation, a family venture fund, and entrepreneurs from architecture/design/automobile sectors (Global Prime News, 19 Mar 2021)
- Latest funding round dated 31 Jan 2024 led by HashInclude and Visdom Consulting (Tracxn) — round name/type not obtained
- No priced valuation disclosed in any source
Charges & Borrowings
Confirmed- One open charge: ₹45 Lakh with HDFC Bank Limited, registered 23 June 2021 (confirmed — TheCompanyCheck and Tofler agree on lender and amount)
- No satisfied/closed charges reported
Competitors
Confirmed3-6 named peers in India-heritage/culture-themed gifting and home-decor D2C space, rough scale tags:
- iTokri (Jaipur) — larger, established artisan-marketplace D2C brand
- Chumbak — much larger, VC-funded, multi-category India-inspired lifestyle/decor brand
- Cultural Concepts (India Circus lineage) — comparable niche, culture-inspired gifting
- Karma Kettle — smaller/similar-scale artisanal gifting brand
- Nicobar — larger, premium India-inspired lifestyle and home brand
- Mad(e) in India — comparable small-scale curated Indian craft/gifting platform
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