New Delhi: Homegrown fashion brand Rangita has reported a 6.5 times growth in its consumer demand on the back of the expansion of its portfolio catering to the festive demand, said the company in a press release on Wednesday. The brand highlighted that its pricing strategy has been a key driver in its growth story….
Representative image Legacy footwear brand Inc.5 Shoes raised its maiden venture funding of $10 million (about Rs 83 crore) in a round led by Mumbai-based venture firm Carpediem Capital, with participation from Param Capital and P3 Venture Fund. It did not disclose the valuation at which it raised the funds. The Mumbai-headquartered firm, which sells…
Amar Nagaram, founder and CEO, Virgio Within a year of having raised $37 million at a $160 million valuation, Virgio, a fashion startup set up by former Myntra chief executive Amar Nagaram, is shutting its fast fashion business. With about $25 million left in the bank, the firm has been eyeing a pivot for the…
Representative image US based Anne Klein and Canada based Herschel Supply has partnered with Apparel group for India entry. Apparel group sells brands such as Aldo, Canadian lingerie and sleepwear brand, la Vie en Rose, Charles & Keith and Bath & Body Works in India. The products will be available on e-commerce platform Myntra. Additionally,…
