Nicobar Celebrates 10 Years with ₹200 Crore Revenue and New Collaborations
Nicobar at 10: Founders Simran Lal and Raul Rai on the brand’s ₹200 crore growth and collaboration with Rajesh Pratap Singh

Image: The Hindu
Nicobar, a contemporary fashion brand under Eicher Goodearth, celebrates its 10th anniversary with a revenue of ₹200 crore for FY 2025-26. Founders Simran Lal and Raul Rai discuss their collaboration with designer Rajesh Pratap Singh, expanding their offerings while maintaining a unique design language and plans for future growth in India and internationally.
- 01Nicobar has over 30 retail locations and a strong e-commerce presence.
- 02The brand's revenue for FY 2025-26 is projected at ₹200 crore (approximately $24 million USD).
- 03The collaboration with Rajesh Pratap Singh includes a limited edition collection priced between ₹8,000 and ₹25,000.
- 04Simran Lal emphasizes the importance of evolving the brand while staying true to its roots and design philosophy.
- 05Expansion plans include deepening their presence in Indian metros and exploring international markets like Dubai.
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Nicobar, a fashion brand founded by Simran Lal and Raul Rai, recently celebrated its 10-year anniversary at Tulsi Farms, Delhi, with a gathering of prominent figures in the industry. The brand, which has grown to over 30 retail locations and a robust e-commerce platform, is projected to achieve a revenue of ₹200 crore (approximately $24 million USD) for FY 2025-26. The couple reflects on their journey since launching in 2016, overcoming initial skepticism about their longevity. They are excited about a new collaboration with renowned designer Rajesh Pratap Singh, which features a limited edition collection that blends Nicobar's relaxed aesthetic with Singh's architectural precision. The collection includes evening wear with shimmer and a wedding line called NicoBara, aiming to provide lighter, more refreshing options for modern brides. Simran emphasizes the need for brands to evolve while staying true to their identity, and both founders express their commitment to expanding Nicobar's presence in India and potentially internationally, focusing on quality partnerships rather than speed. Their approach combines traditional elements with contemporary design, aiming to resonate with a new generation of consumers.
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The expansion of Nicobar's retail presence could create job opportunities and boost local economies in the areas they enter.
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