Angel Investments
Argos Watches raises Rs.6.5 Cr
Surat-based luxury watch brand Argos Watches has raised INR 6.5 crore (around USD 780,000) in an angel funding round at a valuation of INR 45 crore (USD 5.4 million). The proceeds will be used to create new products, build brand awareness, and grow online. The company also aims to double its revenue this year.Founded in 2022 by Mustafa Channiwala and Husain Tohfafarosh, Argos brand offers high-quality, vintage-style automatic and hand-wound watches at affordable prices through its website.
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