D2C casual footwear brand Flatheads raises $1-M from We Founder Circle, Dexter Angels

Direct-to-customer (D2C) online casual sneakers brand Flatheads has raised USD 1 million (around INR 7.3 crore) in a funding round led by startup investment platform We Founder Circle and Dexter Angels. The pre-series A funding round also witnessed participation from Gaurav Kapur (TV presenter and founder, Oaktree Sports), Sahil Barua (co-founder, Delhivery) and Radhika Ghai (co-founder, ShopClues). Including the current round, Flatheads has raised USD 1.5 million since its inception. The brand plans to use funds in international expansion and for product differentiation in the market.