Other Private Equity/Strategic Investments
Biyani family-promoted fashion value retail chain Style Union in talks to raise Rs.800-Cr
Mumbai-based Style Union , a fast-fashion value retail chain backed by the Biyani family, is in talks with investors, including Venturi Partners, Elev8 Venture Partners and several high-net-worth individuals, to raise over INR 800 crore. The round could value the firm at over INR 7,000 crore.Style Union, operated by Nexon Omniverse, was launched in 2022 by Rakesh Biyani and Ekta Biyani to make everyday fast-fashion affordable. It debuted with stores in Hyderabad and Bengaluru and has now expanded to over 170 outlets. Rakesh Biyani is the cousin of Kishore Biyani, founder of the Future Group (sold to Reliance Industries Ltd amid financial distress).
In Oct 2025, Style Union had attracted about $30-M from Ashish Kacholia, Capri Global Holdings, Sharrp Ventures, Others.For FY25, Style Union had reported about INR 582 Cr in Operating Income and about INR 24 Cr in Net Loss.
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