VC Fund Investments
Bombay Shirt Company attracts $3.2 M from Singularity Ventures, others
Apparel brand Bombay Shirt Company has raised USD 3.2 million (INR 26.9 crore) in a bridge funding round, led by Singularity Ventures’ Growth Opportunities Fund I. The funding also saw participation from CaratLane’s Mithun Sacheti and other investors.Tomorrowland Apparels Pvt Ltd, the parent entity of Bombay Shirt Company, would allot 2,01,543 Series B Compulsory Convertible Cumulative Preference Shares (CCPS) to four investors, including Singularity Ventures and Sacheti.The fresh round of funds has come almost four years after the startup raised USD 8 million in a Series B funding round led by Lightbox VC.
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