New Delhi: Homegrown luggage startup, uppercase is aiming to open 100 stores in the next two years with an approximate investment of Rs 30 lakh per store, it shared with ETRetail.
The brand further said it is planning to invest about Rs 25-30 crore to achieve its goal of 100 stores.
uppercase has opened its first two stores in Mumbai and Bengaluru this week. Speaking on these launches, Sudip Ghose, founder and managing director of the company said, “These spaces allow us to connect directly with our consumers and showcase our range of innovative and sustainable bags.”
Ghose further said, “We are committed to leveraging technology and innovation to transform the travel industry while minimizing our environmental impact. Our mission to promote eco-friendly practices and offer high-quality, responsibly-made products, which is the need of the hour.”
With ambitious expansion plans, uppercase aims to capture a significant share of the rapidly growing Rs 10,000 crore backpack market in India.
The brand currently operates across 1,600 points of sale across India and plans to increase this to 2,500 touchpoints in the coming years.
