Growing Ethnic Clothing Business Raising Funds In Bengaluru
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Product / Service
They are specializes in high-quality Indian ethnic clothing, including bridal collections and Indo-Western fusion styles. They also offer accessories to complement their apparel.
Clientele type
They operate entirely in the B2C sector and cater to wedding clients for both men and women.
Premises
LEASED
Lease per month (in INR): 2,400,000
Security Deposit (in INR): 10,000,000
Carpet Area: 15,000 sq ft
They have over 6 outlets in Bangalore, covering a total area of 15,000 sq. ft., with a combined rent of INR 24 lakhs and a security deposit of over INR 1 crore.
Asking Price Includes
The details will be discussed with potential investor.
Asking Price
INR 60.00 Crore
Minimum ticket size
INR 250,000,000 (INR 25.00 Crore)
Reason
The promoter aims to become a leading force in the ethnic clothing retail sector and has decided to raise funds to achieve this goal.
Other Details
They have started this business in 2005 and established in 2009, their brand is renowned for its commitment to premium fabrics and delivering elegant, stylish products.
With stores in prime Bengaluru locations like Maleswena, Jayanagar, and Commercial Street, they have successfully catered to both men's and women's ethnic wear.
Their team, aligned with the organization’s mission and vision, is now poised for growth and determined to become a leading force in the ethnic clothing retail sector. Having achieved profitability over the years, they are ready to scale up their presence and reach new heights. It's time to rise and shine.
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₹10 to ₹200 Cr
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