Zouk
Estimated enterprise value$10Mto$30M
Zouk bags and luggage operating business
Basis and limits
Estimated . Financials through .
StartupPedia's report on FY25 regulatory financials gives INR 1,247M operating revenue and INR 196M net loss. The ECB period end rates of INR 92.3955 and USD 1.0815 per EUR convert operating revenue to about USD 14.5963M.
An analyst selected 1 to 2 times revenue sensitivity gives about USD 14.5963M to USD 29.1926M, rounded outward to USD 10M to USD 30M in USD 5M increments. Damodaran's January 2026 US apparel EV to sales benchmark of 1.59 times is broad context, not a direct Indian company comparable.
Low confidence operating business scenario, not a disclosed funding valuation or a price for the brand name. The business is loss making and reported negative operating cash flow. Debt, excess cash, preference rights and FY26 growth are not modelled. Proposed funding valuations are not treated as completed transactions.
Zouk FY25 financial reporting (opens in a new tab)Reviewed 2026-10-11ECB financial period exchange rates (opens in a new tab)Reviewed 2026-10-11Damodaran sector valuation benchmarks (opens in a new tab)Reviewed 2026-10-11