New Delhi: Clothing brand UNIREC has raised USD 1.9 lakh (Rs 1.5 crore) from BeyondSeed in a seed funding round, it announced in a press release on Friday.
The funding will be used to expand the brands market and for creation of innovative and sustainable fabrics, the release read.
Kapil Bhatia, CEO and founder of the company said, “Our immediate goal, fuelled by this funding round, is to manufacture and sell 25,000 garments every month, ensuring that the environmental impact achieved in the past 18 months is replicated every month.”
Further, he added that the company has manufactured around 40,000 garments in the last 18 months using recycled PET bottles.
Founded in 2021, the sustainable clothing brand currently has presence on e-commerce platforms like Amazon and Flipkart.
