Company Intelligence Profile
Yespoho India Private Limited
Yespoho (brand "Yes!poho", also runs sub-brand "Vasaas") is a Visakhapatnam/Hyderabad-based artisan-commerce company.
Last updated 4 August 2026
Yespoho India Private Limited, operating under the brand Yes!poho and sub-brand Vasaas, is a Visakhapatnam and Hyderabad based artisan-commerce company connecting handloom and handicraft artisans with customers through its technology platform, selling ethnic wear and home decor. The company reported revenue of approximately Rs 15.55 Cr in FY2024, up 28% year on year from Rs 12.1 Cr in FY2023. It is a funded company backed by Bharat Inclusion Initiative and IIMA Ventures, among others.
AI-generated summary from public filings and may contain errors. Verify against the detailed sections below.
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Company Identity
| Registered name | YESPOHO INDIA PRIVATE LIMITED |
|---|---|
| CIN | U72900AP2017PTC106822 |
| PAN | AAACY9339B — thecompanycheck.com; consistent with GSTIN 37AAACY9339B1Z7 (PAN embedded in GSTIN matches) |
| Status | Active |
| Listing | Unlisted (private limited company) — IndiaFilings |
| Incorporated | 10 October 2017 |
| ROC | RoC-Vijayawada |
| Sector (NIC) |
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| Registered address | 39-6-71/3-20, Mourya Chambers, 3rd Floor, Apartment No. A-5-6, Murali Nagar, Visakhapatnam, Andhra Pradesh – 530017 |
| Authorized capital |
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| Paid-up capital |
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Business Overview
- Yespoho (brand "Yes!poho", also runs sub-brand "Vasaas") is a Visakhapatnam/Hyderabad-based artisan-commerce company
- Per its own storefront (shop.yespoho.com) and LinkedIn: "a Techno-Experience based social platform connecting artisans and customers through technology to create trust and relationship through active engagement," selling handcrafted ethnic wear (sarees — Banarasi, Kalamkari, Madhubani styles — kurtas, lehengas, jewelry, men's wear) and home décor sourced from artisan communities, positioned as reviving India's handloom/handicraft ecosystem
- IndiaMART also lists an associated manufacturing/trading listing for cotton/rayon kurtis from a Hyderabad address, run under the same company name
- Founders Raghuram Kuchibhatla and Meenakshi Dubey were noted as featured in a "Young Leaders of India 2026" recognition for artisan-ecosystem work
Directors
| Name | DIN | Role | Appointed |
|---|---|---|---|
| Raghuram Kuchibhatla | 08252816 | Director | Jan 2021 |
GST Registration(s)
| GSTIN | State | PAN | Status |
|---|---|---|---|
| 37AAACY9339B1Z7 | Andhra Pradesh | AAACY9339B — thecompanycheck.com; consistent with GSTIN 37AAACY9339B1Z7 (PAN embedded in GSTIN matches) | Active |
Primary GSTIN: 37AAACY9339B1Z7 (Andhra Pradesh, state code 37), registered 04 Feb 2019, status active per piceapp.com and fnshiftsolutions.com (2 sources agree, PAN embedded matches thecompanycheck's PAN) — confirmed. Home state: Andhra Pradesh. A second, partially-masked GSTIN beginning "36" (Telangana state code) appears on the company's IndiaMART listing (Hyderabad address) but the full number is masked/unverifiable — treated as partial/not confirmed, possible second state registration given the company also operates from a Hyderabad (Madhapur) office per its storefront footer.
Financials
- Figures conflict somewhat by source/FY, standalone (no consolidation implied, single entity): Revenue FY2023 (ending 31-Mar-2023) ≈ ₹12.1 Cr with ~72% 1-yr CAGR
- Revenue FY2024 (ending 31-Mar-2024) ≈ ₹15.55 Cr, +28% YoY. thecompanycheck.com (for FY ending Mar-2024) reports: Net Profit growth +55.46%, Net worth growth +131.0%, Total revenue growth +28.17%, EBITDA change −21.42%, Assets growth +93.14% — absolute EBITDA/PAT/net-worth rupee figures are premium-locked on both Tofler and thecompanycheck
- No borrowings-vs-net-worth ratio available
Funding
- described as "a funded company" with investors Bharat Inclusion Initiative and IIMA Ventures, plus 2 unnamed additional investors; exact round name/date/amount were redacted/paywalled on the page — amount "not obtained"
- No corroborating second source found; treated as partial
Charges / Borrowings
- 2 open charges, agreeing across Tofler and thecompanycheck: State Bank of India ≈ ₹2.30 Cr (1 charge/loan)
- Tamilnad Mercantile Bank Limited ≈ ₹1.90 Cr (1 charge/loan)
- Total open charge value ≈ ₹4.24 Cr per Tofler — confirmed
Competitors
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