Confidential · Pre-Seed 2026 · ₹1.5 Cr on iSAFE

The Future of Fashion Commerce.
Explained by AI.

Instead of reading hundreds of pages, talk directly to Flynker's AI Investor Analyst — grounded only in the official data room.

₹1.5 Cr
Pre-Seed Ask
₹12.07 Cr
Post-Money
2,147
Organic Signups
₹0
Paid Acquisition
Flynker · AI Analyst · Live
VC
Investor
Ask about market, cap table, unit economics…
Company Overview

Inspired by Creators. Personalized by AI.

One flywheel, six moving parts. Each step multiplies the next.

Step 1
The Problem

1 in 3 Indian fashion orders is returned. ~₹8,000 Cr lost annually to RTO, reverse logistics and lost trust. The cause is purchase confidence — not product.

Step 2
AI Confidence Engine

Virtual Try-On + Skin Tone + AI Stylist. Users see what actually works on their own body — before they buy.

Step 3
Creator Commerce

Creator Corner storefronts with product tagging. Creators earn 15–20% of Flynker's revenue. Zero-CAC acquisition.

Step 4
Higher Conversion

Live AOV ₹1,899 · avg 16.5% commission · ~12.7% net contribution per order. Discovery converts into purchase.

Step 5
Lower Returns

AI layer is targeted to bring returns closer to global category benchmarks — reclaiming margin that Myntra structurally loses.

Step 6
Network Effects

Every try-on feeds the AI. Every creator brings an audience. Every audience trains the model. The flywheel compounds.

Product

Two engines. One flywheel.

AI Confidence Engine cuts RTO. Creator Corner cuts CAC. Together they compound.

AI Virtual Try-On

See any outfit rendered on your own body & skin tone — not a stock model. Live on flynker.in, powered by third-party try-on APIs (MVP).

Skin Tone Engine

500+ South Asian skin tones. Recommends colours and styles that actually work for you.

AI Personal Stylist

LLM-based conversational stylist that learns user taste over interactions. Designed to get smarter with usage.

Creator Corner

Creator storefronts with product tagging. Creators earn 15–20% of Flynker's revenue on tagged-product sales. Positioned as ₹0 / zero-CAC acquisition.

Founder disclosure (Investor FAQ): The current MVP integrates third-party AI APIs — Flynker has not yet trained proprietary models. The "60% returns drop" figure is the target outcome of the AI layer, not a measured result yet. Proprietary in-house models are a seed-stage plan.

Market

A $12B market. No AI-native player has won it yet.

Flynker is not competing with Myntra for everything — it is capturing the underserved AI-native creator commerce segment.

TAM · $12B
SAM · $3B
SOM
$150M
TAM
$12B
India online fashion market
SAM
$3B
Gen Z + creator-driven segment
SOM
$150M
AI-native creator commerce beachhead
65%
of Gen Z discover fashion through creators, not search
800M+
mobile-first smartphone users in India
$20B
projected India creator economy by 2030
10K+
D2C fashion brands with no scalable discovery channel
10M+
indie designers with no scalable discovery platform
20×
AI try-on cost reduction since 2021 (now <$0.10/query)

Competitive landscape

MyntraMeeshoInstagram ShopsFlynker
AI virtual try-on No No No Yes
Skin-tone matching No No No Yes
Return-rate reduction No No No Yes
Zero-CAC distribution No NoPartial Yes
Business Model

Simple model. High margin. Three phases.

Phase 1 is commission. Phase 2 is SaaS + ads. The data flywheel powers both.

Creator
Content
Traffic
Purchase
Commission
Better AI
Flywheel
More creators →
better AI

Revenue streams

Transaction Commission
10–25% of order value (avg 15%)
Day 1
Sponsored Listings
₹5,000–₹50,000 per campaign
Month 6+
Creator Commerce Fees
5% of brand-influencer deal value
Month 8+
Flynker Pro (user subscription)
₹299/month per user
Month 9+
Designer Pro (B2B SaaS)
₹2,999/month per brand
Month 12+
Native Advertising
₹80–150 CPM (in-feed AI-targeted)
Year 2+

Unit economics (per order)

From Deck — live AOV ₹1,899, avg 16.5% commission.

AOV (live)₹1,899
Flynker revenue @ 16.5%₹313
AI try-on + styling cost−₹9
Creator commission (18% of rev)−₹56
Payment gateway (2% of rev)−₹6
Net contribution / order₹242
Net contribution margin~12.7%
Blended CAC today₹0
AI cost per try-on query<₹0.10

AOV differs across documents: Deck cites live ₹1,899; Business Model / GTM doc uses ₹1,500 assumption. Requires founder confirmation.

Traction

2,147 signups. 15 days. ₹0 in paid ads.

Demand proved before a single rupee spent on marketing — pure organic, per the Pitch Deck.

Organic waitlist growth
0 signups
+2,147 in 15 days
2,147
Waitlist signups
15
Days to 2K
₹0
Paid acquisition
5
Creator LOIs signed
300+
Creator DMs sent
40%
Creator reply rate
15K+
Demo video organic views
0
LOI churn

Waitlist demographics

72%
Age 18–28
68%
Female
81%
Tier 1 & 2 cities
94%
Mobile-first

Investor signals

  • Sridhar Sampathirao — anchor angel, ₹5.2L closed for 0.65% via signed SSA.
  • Orane Carby, TFD Ventures — "Strong early signal either way."
  • Eureka 2025 Zonalists — IIT Bombay E-Cell.

Waitlist figure differs between uploaded documents: the Pitch Deck and One-Pager cite 2,147 signups in 15 days; the Financial Model Funding Ask tab cites 2,400+ signups in ~20 days. Requires founder confirmation.

Financials

₹10.77 Cr revenue by Year 3. 71.8% EBITDA margin.

Numbers below flow directly from the Pre-Seed Financial Model v6 (Dashboard + Annual P&L tabs).

3-Year P&L

Line itemFY1FY2FY3
Commission Revenue₹56.67 L₹3.94 Cr₹8.67 Cr
Subscription Revenue₹11.37 L₹88.01 L₹2.00 Cr
Brand & Ad Revenue₹1.40 L₹4.79 L₹9.63 L
TOTAL REVENUE₹69.43 L₹4.87 Cr₹10.77 Cr
Gross Profit₹54.56 L₹4.07 Cr₹9.15 Cr
Gross Margin %78.6%83.6%85.0%
EBITDA₹3.98 L₹3.17 Cr₹7.73 Cr
EBITDA Margin %5.7%65.1%71.8%
Net Income₹0.35 L₹2.36 Cr₹5.78 Cr

Monthly GMV trajectory (₹ Lakhs)

Source: One-Pager

8L
M3
18L
M6
42L
M9
91L
M12
82%
GM by M12
64%
EBITDA M18
36+ mo
Runway (model)
Fundraising

Raising ₹1.5 Cr Pre-Seed on iSAFE

₹10.62 Cr pre-money · ₹12.07 Cr post-money · 12% cap for new investors.

Round terms
Round size₹1.5 Cr (~$180K)
Instrument (new investors)iSAFE
Anchor tranche instrumentSSA — Sridhar Sampathirao, closed ₹5.2L
New Tranche pre-money₹10.62 Cr
New Tranche post-money₹12.07 Cr
Equity offered to new investors12% (capped)
New Tranche amount₹1.448 Cr
Runway (Deck)18 months
Runway (Financial Model)36+ months

Runway differs between the Deck (18 months) and the Financial Model Dashboard (36+ months). Requires founder confirmation.

Use of funds — ₹1.5 Cr
Product & Technology₹52.5 L · 35%
Marketing & Growth₹45.0 L · 30%
Team Expansion₹30.0 L · 20%
Operations & Working Capital₹15.0 L · 10%
Legal & Compliance₹7.5 L · 5%
M3
First creator drops
M6
₹30–50L GMV · 50 creators
M12
₹90L+ monthly GMV · Seed
Cap Table

Ownership after this round

Figures per the Valuation & Funding Ask tabs of the Pre-Seed Financial Model v6 and the Investor FAQ.

Post-Round
100%
Tharun Bandla (CEO)
61.2%
Vinay Racharla (CTO)
26.23%
New Pre-Seed Investors
12%
Sridhar Sampathirao
0.57%
ShareholderPre-RoundAfter SridharAfter New Tranche
Founder & CEO — Tharun Bandla (Tharun Tejh)70.00%69.55%61.20%
Co-Founder & CTO — Vinay Kumar Racharla30.00%29.81%26.23%
Sridhar Sampathirao (closed SSA)0.65%0.57%
New Pre-Seed Investors12.00%
TOTAL100.00%100.00%100.00%
Share structure
  • Face value: ₹1 per share
  • Authorized share capital: 10,00,000 shares
  • Issued at incorporation: 1,00,000 shares
  • Vinay's 30%: 4-year vesting, 1-year cliff
  • Tharun: subject to founder vesting per legal pack
Pending equity items
  • Sasi Preetham (CTO Advisor): equity grant under discussion — not finalized. Expected 4-year vesting / 1-year cliff.
  • Azhar Shaikh (Head of Ops): equity grant confirmed cancelled.
  • Sridhar advisory option: up to +1.35% contingent on continued advisory + ≥90% of ₹1.5 Cr close. Sits outside the 12% new- investor pool.
  • No formal ESOP pool established yet.
Technology

From third-party APIs today → proprietary AI at Seed.

Source: Investor FAQ · Technical Architecture.

Architecture stack
Frontend
Web + mobile app · flynker.in (React / Next-gen stack)
Backend
Marketplace, checkout, creator/vendor tooling, admin console
AI Layer (today)
Third-party AI APIs — try-on, image-gen, LLM stylist
Marketplace
Designers, D2C brands, creator storefronts, product catalog
Proprietary AI (Seed)
In-house skin-tone matching + styling models trained on usage data
1
Current MVP · Pre-Seed

Virtual Try-On, Skin Tone Engine and AI Stylist run on third-party AI APIs (image-gen / try-on APIs + LLM). Standard MVP approach — proves the end-to-end experience without training custom models before there is usage data.

2
Post Pre-Seed

Platform (marketplace, checkout, creator/vendor tooling, admin console) moves in-house on Flynker's own stack, while continuing to call third-party AI APIs for the AI layer.

3
Seed Stage

With usage and try-on/purchase data accumulated, AI models (skin-tone matching, styling recommendations) get developed in-house — replacing third-party API dependency and forming the proprietary data moat referenced in the deck.

Roadmap

12 months. Three milestones. One clear destination.

Pre-Seed funding gets Flynker to ₹90L+ monthly GMV and Series A readiness.

Team

The builders behind Flynker

Domain depth in AI, fashion commerce, and creator ecosystems. Eureka 2025 Zonalists — IIT Bombay E-Cell.

TB
Tharun Bandla
Founder & CEO
ProductFundraisingGTM

Ex-Genpact · MBA (Marketing & IB). Product vision, strategy, fundraising, GTM. Also referenced as Tharun Tejh in legal filings.

VR
Vinay Racharla
Co-Founder & CTO
EngineeringVendor MgmtGrowth

Ex-Capgemini · B.Tech Computer Science. Vendor management and growth. 30% equity, 4-year vesting, 1-year cliff.

AS
Azhar Shaikh
Head of Operations
OperationsGrowth

Head of Operations and Growth specialist.

SP
Sasi Preetham
Chief Technology Advisor
Applied AIResearchM.Tech CS

Applied Research Engineer at ZOHO · M.Tech CS. Architecting Flynker's proprietary AI roadmap. Equity grant under discussion — not finalized.

AI Investment Analyst

Ask anything. Grounded only in the data room.

The AI Analyst answers exclusively from the uploaded pitch deck, one-pager, business model, financial model and investor FAQ. If it cannot find an answer, it says so.

Flynker AI Analyst
Executive Investor Relations · Data-room grounded

What would you like to understand about Flynker?

Every answer cites the source document. If two documents disagree, the analyst flags it rather than choosing.

Answers drawn only from Flynker's uploaded data room. Not investment advice.

Data Room

Every document. Under one roof.

The source-of-truth documents that ground every claim on this portal — and every answer the AI Analyst gives.

PDF
Ready
Pitch Deck

Full investor deck — problem, solution, market, traction, ask.

22 pagesUpdated Pre-Seed 2026
PDF
Ready
One Pager

Snapshot: problem, solution, traction, ask & metrics.

1 pageUpdated Pre-Seed 2026
PDF
Ready
Business Model & GTM

Revenue streams, unit economics, creator flywheel, phased GTM.

Model docUpdated Pre-Seed 2026
XLSX
Ready
Financial Model v6

3-year P&L, monthly projections, valuation, funding ask.

Multi-tabUpdated Pre-Seed 2026
DOCX
Ready
Investor FAQ

Cap Table · Legal & Fundraising Summary · Technical Architecture.

Legal + TechUpdated Pre-Seed 2026
Investor FAQ

Straight answers, from the source.

Verbatim from the Investor FAQ document. For anything not listed, ask the AI Analyst above.

Flynker Cart Private Limited, CIN U47912TS2026PTC215043, incorporated in Warangal, Telangana, India.

Contact

Let's build the future of Indian Fashion.

For investor conversations, reach the founder directly.

Founder & CEO — Tharun Bandla · Confidential · Pre-Seed 2026