Company Intelligence Profile
Protinus Fashion Networking Private Limited
Protinus Fashion Networking Pvt Ltd (founded 2015 by Nikhil Ramesh Hegde and Amit Bhardwaj) operates the brand "6Degree" (and a second brand "MeriStore").
Last updated 6 August 2026
Protinus Fashion Networking Private Limited, founded in 2015, operates brands "6Degree" and "MeriStore," offering e-commerce growth enablement and retail management for lifestyle retail brands. The company reported revenue of approximately ₹1.39 crore in FY2024, reflecting a decline of about 74% year-over-year. It has raised around US$1.94 million in funding and claims over 75 retail brands as clients.
AI-generated summary from public filings and may contain errors. Verify against the detailed sections below.
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Company Identity
| Registered name | Protinus Fashion Networking Private Limited |
|---|---|
| CIN | U74140KA2015PTC081589 |
| PAN | AAICP2787J |
| Status | Active |
| Listing | Not listed — unlisted private limited company |
| Incorporated | 15 July 2015 |
| ROC | RoC Bangalore / Karnataka |
| Sector (NIC) | Business services — "Other professional, scientific and technical activities; other support services n.e.c." (NIC group M) |
| Registered address | M. No. #652, 3rd Floor, Khata No. 4312/652, 22nd Cross, 23rd Main, HSR Layout, Section 2, HSR Layout, Bangalore South, Karnataka, India – 560102 |
| Authorized capital | ₹2.12 crore |
| Paid-up capital | ₹1.79 crore |
Business Overview
- Protinus Fashion Networking Pvt Ltd (founded 2015 by Nikhil Ramesh Hegde and Amit Bhardwaj) operates the brand "6Degree" (and a second brand "MeriStore")
- 6Degree began as a fashion-industry networking platform connecting fashion professionals, designers and retail brands and evolved into a B2B e-commerce growth-enablement / retail-management platform for lifestyle retail brands, working on a revenue-share model and claiming "75+ retail brands" as clients (Tata nexarc)
- Sector tags across sources: Vertical SaaS, E-commerce enablement, Fashion & Beauty, Creator Economy (CapLight)
- Company is DPIIT-recognized as a Startup
- Its official domain 6degree.co currently resolves to a GoDaddy domain-parking page (verified by direct fetch, Aug 2026), i.e. the live site appears inactive/lapsed at present; an Internet Archive snapshot from 16 Oct 2025 shows the site was live under the "6Degree" brand as recently as Oct 2025
Directors
| Name | DIN | Role | Appointed |
|---|---|---|---|
| Nikhil Ramesh Hegde | 06578540 | Whole-time Director & Co-founder & CEO | 15 Jul 2015 |
Financials
- Revenue ≈ ₹1.39 crore, down ~74% YoY. FY2021: Authorised capital ₹2.1 Cr, paid-up ₹1.8 Cr, operating revenue in the broad band "₹1–100 Cr", net worth reported to have "decreased by 95.71%", debt-to-equity ratio 10.3, borrowings up 227.2%, total assets up 264.48% — exact revenue/EBITDA/PAT/net-worth/borrowings amounts for FY2021 and FY2024 are behind Tofler/Falconebiz paywalls and are NOT obtained as hard figures
- Employee headcount is inconsistent across sources — Falconebiz states 72 employees (as of 27 Mar 2024)
- CapLight states ~44 employees most recently, with a separate claim of growth from 78 to 107 by June 2023 — flagged as a likely data-quality/tracking inconsistency, not confirmed
Funding
- Total funding raised ≈ US$1.94 million across multiple rounds: Seed (2016), Pre-Seed (30 Jan 2018), Pre-Series A led by SucSEED Venture Partners, and a Seed round (4 May 2021)
- Named investors across sources: IAN (Indian Angel Network) Group — VCCircle mentions $400,000 (₹2.6 crore) raised from IAN for "6Degree" (date not specified in snippet), AngelBay, Keiretsu Forum, and SucSEED Venture Partners
- Only 2 sources (CapLight + Fibre2Fashion/VCCircle) corroborate the SucSEED/Pre-Series A round; the Seed/Pre-Seed round dates and the IAN amount come from single sources each — treat as partial/unconfirmed pending a primary filing or additional corroboration
- Tracxn corroborates 6Degree/MeriStore as the two operating brands but its funding-round detail page could not be fetched (HTTP 429 rate-limited)
Charges & Borrowings
- One open charge found: Charge holder Capwise Finance Private Limited, amount ₹0.30 crore (₹30 lakh), created/modified 14 Feb 2025, status Open
- This matches the "Open Charges: ₹30 Lakh" figure independently shown on Falconebiz's summary, so treated as confirmed
Competitors
- No sourced/named competitor list was found in the fetched sources (this is an inferred list based on business-model similarity, not sourced to a specific article — flagged accordingly): (1) Unicommerce eSolutions — larger scale, listed e-commerce/omnichannel enablement platform
- (2) Increff — larger scale, retail/fashion inventory & e-commerce operations platform
- (3) Vinculum Group — larger scale, multichannel commerce enablement
- (4) Anchanto — similar/larger scale, SEA-India e-commerce operations platform
- (5) Browntape (GreyMeter) — similar scale, omnichannel retail enablement for SMB/D2C brands
- (6) GoKwik — larger scale, D2C/fashion e-commerce growth & checkout enablement
- These are plausible sector peers only — not confirmed via a direct comparison source
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