Blissclub

  1. D2C startup BlissClub’s scale climbs to nearly Rs 15 Cr in FY22
  2. Statement on Start of Jury Trial of Asheville Blade Journalists
  3. Our Story – BlissClub
  4. Activewear for the Indian Woman by BlissClub


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D2C startup BlissClub’s scale climbs to nearly Rs 15 Cr in FY22

Women-focused wellness D2C brand BlissClub raised $15 million in a Series A round during the first quarter of FY23. While the impact of those funds would be ascertained when it files financials for FY23, for now lets decode its FY22 numbers. BlissClub’s revenue from operations ballooned multifold (41X) to Rs 14.82 crore during the fiscal year ending March 2022 in comparison to Rs 36 lakh in FY21, as per the company’s annual financial statements with the Registrar of Companies . Following the scale, expenses of the company also soared which resulted in a loss of Rs 8.9 crore during FY22. Importantly, FY21 was the first operational year for BlissClub. The Bengaluru-based startup is homegrown activewear brand and does retail trading of active lifestyle apparel, accessories and related products for women. The startup does around 90% of its sales through its website and rest from various other marketplaces. Purchase of traded goods accounted for the largest cost element for BlissClub and formed 33.5% of the total expenses. Along with scale, this cost shot up to Rs 7.97 crore in FY22 from Rs 21 lakh in FY21. Advertising & marketing cost also jumped to Rs 7.93 crore during the year followed by employee benefit expenses which registered at Rs 4.87 crore in FY22. BlissClub also incurred expenses related to shipping, legal, commission, rental, subscription, web domain & hosting, payment gateway et al. which took its overall expenditure 66X up to Rs 23.77 crore in FY22 as compared to...

Statement on Start of Jury Trial of Asheville Blade Journalists

WASHINGTON, June 12, 2023 -- Following is a statement from Eileen O'Reilly, president of the National Press Club, and Gil Klein, president of the National Press Club Journalism Institute, on the jury trial starting Monday of North Carolina journalists Matilda Bliss and Veronica Coit. Bliss and Coit were charged with trespassing in connection with their coverage of the eviction of a homeless encampment on December 25, 2021, and were found guilty at a bench trial in April. They appealed the ruling to a jury trial that is taking place this week. “We were deeply dismayed in April by the conviction of Matilda Bliss and Veronica Coit of the citizen journalism news outlet The Asheville Blade on misdemeanor trespassing charges, and are confident that this injustice will be reversed at this week’s jury trial. Bliss and Coit were engaged in routine newsgathering on a matter of public importance on December 25, 2021, when they were reporting on the clearing by police of a local homeless encampment. Police body camera footage shows Bliss and Coit did not endanger anyone or obstruct any police activity. “Routine newsgathering should never be treated as a crime. Local prosecutors never should have brought this case. We are glad that Bliss and Coit appealed their conviction to a jury trial and look forward to a favorable resolution of this case once a jury of their peers reviews the evidence.” Founded in 1908, the National Press Club is the world’s leading professional organization for j...

Our Story – BlissClub

Minu Margaret, like you and I is a woman who loves to move, and #KeepMoving. Unfortunately, the Indian market simply did not cater to her need for super functional, technical and innovative technical apparel. While some clothes were comfortable, they simply did not stretch enough. Those that did stretch, were too compressive. Problems were plenty, solutions scarce. And so, Minu decided to take matters into her own hands and founded Blissclub in 2020. Building for women of India has been superbly exciting! What began as a personal attempt at making a better pair of workout clothes, has now become a revolution to get women across the country to go out, workout and move around more comfortably and freely. My dream is that every woman and every girl, has access to the best products and experiences to keep #MovingIt, so we can all be happier together! And that’s why I’m so excited to bring BlissClub to every woman in India. Minu Margaret Founder, BlissClub

Activewear for the Indian Woman by BlissClub

Gretel D'Souza So comfy even new Momas love it! Mommy's new favourite ❤️😜 I've always been in love with high waisted pants, & with a mommy pouch .... after recently delivering my baby during the pandemic, I've wanted something that can be comfortable at the same time be used all day. My search has ended with the TUL We love movement - from the intentional to the incidental, from dance to HIIT, from taking a walk to watering the plants. We believe in its power, its power to transform lives. And that's what we keep in mind while engineering each product for you, so that no matter how you move, you are comfortable.