Private Equity Angel Investments
Bangalore Watch Company raises $1.4 M
Source the company (opens in a new tab)Business Standard (opens in a new tab)
Bangalore Watch Company has raised USD 1.4 million in a seed round from a group of its customers, including family office principals and high-net-worth individuals from India and overseas.Founded in 2018 by Nirupesh Joshi and Mercy Amalraj, the company manufactures mechanical watches in India and claims to export them to more than 30 countries. The collections feature themes such as aviation, space, cricket, and the outdoors, with a focus on modern Indian stories.The company plans to use the new funds to expand its global presence. It intends to focus on two to three strategic overseas locations with established watch collector communities, alongside a potential additional location in India.