Company Intelligence Profile
Solesearch Private Limited
Gurugram-based online marketplace for limited-edition sneakers, streetwear and collectibles (brand "SoleSearch"), incorporated 2022, seed-funded (~Rs 6 cr, 2023).
AI-generated summary from public filings and may contain errors. Verify against the detailed sections below.
Company Identity
Confirmed| Registered name | Solesearch Private Limited |
|---|---|
| CIN | U74999HR2022PTC103982 |
| PAN | not obtained |
| Status | Active |
| Listing | Unlisted (private limited) |
| Incorporated | 27 May 2022 |
| ROC | RoC-Haryana |
| Sector (NIC) | Business services / Other business activities n.e.c. (CIN class U74999); operationally e-commerce marketplace for sneakers & streetwear |
| Registered address | 2nd Floor, Plot No. 4, Minarch Tower, Sector 44, Gurugram, Haryana 122003, India |
| Authorized capital | Rs 10,00,000 (Rs 10 lakh) |
| Paid-up capital | Rs 1,00,000 (Rs 1 lakh) |
Business Overview
Confirmed- SoleSearch operates an online marketplace/platform (solesearchindia.com) for buying, selling and bidding on limited-edition and high-demand sneakers, streetwear, accessories and collectibles in India
- It emphasises verification/authentication of products and monetises via commissions (reported ~10-50% depending on product)
- Publicly the brand traces its origins to a sneaker-trading community (founders publicly cited as Param Minhas and Prabal Baghla)
- the registered entity was incorporated in May 2022
- Reported headcount ~27 (April 2024, per aggregators)
- DPIIT-recognised startup per TheCompanyCheck
Directors
Confirmed| Name | DIN | Role | Appointed |
|---|---|---|---|
| Param Veer Singh Minhas | 09084347 | - | 27 May 2022 |
Financials
Partial / conflicting- FY 2022-23 (year ending 31 Mar 2023), standalone: Revenue Rs 52.24 lakh per TheCompanyCheck
- Tofler corroborates "under Rs 1 crore" for FY ending 31 Mar 2023
- EBITDA: not obtained (paywalled)
- PAT: not obtained (paywalled)
- Net worth: not obtained
- Borrowings: not obtained
- Last AGM 30 Sep 2023
- latest balance sheet 31 Mar 2023
- No consolidated figures found (single entity)
- Later FY (FY24/FY25) audited figures not obtained
Funding
Confirmed- Maiden/seed round: approx Rs 6 crore (reported ~$730K-$795K), announced May 2023
- Investors: Venture Catalysts, Anthill Ventures, and Cornerstone Sports LLP
- Stated use: omni-channel expansion — mobile app launch and physical stores (Mumbai, Hyderabad)
- Confirmed across Entrackr, SiliconIndia, Indian Retailer, MediaBrief
- Tracxn cites total ~$734K from 3 investors
- Note: press "founded 2020/2021" refers to the brand
- the registered company dates to 2022
Charges & Loans
ConfirmedNo charges or secured borrowings are registered against this company's assets.
Competitors
Confirmed- Crepdog Crew / CDC (largest India sneaker-streetwear marketplace
- peer/larger)
- DawnTown (Mumbai-based hype sneakers, founded 2021
- peer)
- HypeFly India (peer)
- VegNonVeg (established premium sneaker/streetwear boutique
- larger, retail)
- Culture Circle (authentication marketplace
- peer)
- Find Your Kicks (Shark Tank India resale marketplace
- peer)
- Scale: all early-stage/SME resale players
- VegNonVeg and Crepdog Crew are larger/more established
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