Luxury Saree Brand Securing Funds in Bangalore
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Product / Service
Their focus is on creating elegant, high-quality sarees, aiming to redefine the saree industry by offering affordable luxury that appeals to a modern, global audience.
Clientele type
Their target audience includes middle-class and affluent customers, both within India and internationally, looking for personalized and culturally relevant sarees.
Premises
They are currently operating remotely and are now looking to expand by establishing physical stores.
Asking Price Includes
They are prepared to offer a 20% stake in the business, as well as on the debt.
Asking Price
INR 10.00 Cr
Minimum ticket size
INR 20,000,000 (INR 2.00 Cr)
Reason
They aim to enhance their inventory and establish a physical store, and to achieve this, they are seeking funding.
Other Details
They specialize in Indian textiles, with a focus on handloom sarees, blending traditional Indian craftsmanship with contemporary, sustainable fashion.
Founded in 2021, they currently operate remotely with a team of seven but plan to expand into physical stores to enhance their brand presence.
Their vision is to become a global destination for sarees, merging tradition with modernity while maintaining sustainable practices.
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₹10 to ₹200 Cr
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