PROTINUS FASHION NETWORKING PRIVATE LIMITED

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, per Fibre2Fashion/CapLight: "15,000+ professionals, 4,000+ fashion designers", partnerships with IMG Reliance, Lakme Fashion Week, FDCI, 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 (Falconebiz).
• 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.

Sector & Classification

Business services — "Other professional, scientific and technical activities; other support services n.e.c." (NIC group M); Falconebiz separately tags it under Internet/Professional Networking Platforms. Business model in practice: e-commerce enablement / retail-tech (see business_overview).

Directors & Key Management

GST Registrations

Not obtained. No individual GSTIN could be located via knowyourgst/findgst/mastersindia searches (pages returned 404/500 for direct lookups); TheCompanyCheck's GST section exists but figures are paywalled ("state-wise registrations... require an active report plan"). PAN AAICP2787J is confirmed; GSTIN(s), home state count of registrations, and per-registration status are not obtained.

Financials

• Partial / paywall-limited, standalone.
• FY2024, year ended 31 Mar 2024: Revenue ≈ ₹1.39 crore, down ~74% YoY, Falconebiz; EBITDA and PAT locked behind premium access — not obtained.
• FY2021, year ended 31 Mar 2021, Tofler: 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, per known headcount-tracker unreliability, not confirmed.

Funding History

Shareholding

• Not obtained in detail.
• Tofler/Falconebiz list Nikhil Ramesh Hegde and Amit Bhardwaj as shareholders, in addition to being directors, but exact shareholding percentages and any institutional/investor cap-table entries are behind a paywall on TheCompanyCheck, "Shareholding" tab returned 404 on direct fetch, and not shown on Tofler/Falconebiz free views.

Loans & Charges

• One open charge found (Tofler): 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, 2 sources agree on the amount.

Related Parties

• Tofler's company-network view lists three entities connected via common directors, not confirmed as a formal corporate group/holding structure — flagged as director-overlap only, to avoid over-attribution: (1) Protinus Technologies LLP — Karnataka, marked Defunct, 2 common directors
• (2) Kamti Technologies Private Limited — Maharashtra, Active, 1 common director
• (3) Shradha Setu Private Limited — Delhi, Active, 1 common director. No parent/holding company or subsidiary of Protinus Fashion Networking itself was identified.

Credit Ratings

• None found. No CRISIL/ICRA/CARE rating could be located for this entity across the sources checked
• Consistent with it being a small, early-stage private company unlikely to carry a public bank-facility rating.

Competitive Landscape

• 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.

Frequently Asked Questions

Sources

Tofler (tofler.in) — identity, capital, directors+DINs, PAN, financial ratios, charges; TheCompanyCheck (thecompanycheck.com) — identity corroboration, page-structure/GST-paywall confirmation; Falconebiz (falconebiz.com) — identity, capital, NIC classification, directors, FY2024 revenue, employee count, DPIIT status, website/brands, open charge amount; CapLight (caplight.com/company/6degree) — business description, funding totals/rounds, investors, headcount (secondary/unverified); Fibre2Fashion (fibre2fashion.com) — SucSEED Pre-Series A round detail, network scale claims; Tata nexarc (tatanexarc.com) — business/product description; IndianKanoon (indiankanoon.org) — legal search, zero results; Internet Archive Wayback Machine — Oct 2025 snapshot of 6degree.co for domain/logo confirmation; DuckDuckGo HTML search — used to locate the above source URLs (VCCircle and Tracxn results cited by snippet only; VCCircle page itself was blocked from direct fetch, Tracxn detail page rate-limited HTTP 429).