PE-VC Fund Investments
D2C fashion brand Bonkers Corner raises $10.5-M led by India SME Investments
Mumbai-based direct-to-consumer (D2C) fashion brand Bonkers Corner has raised INR 95 crore (USD 10.5 million) in a Series A funding round led by India SME Investment Fund (INR 64.5 crore). The round saw participation from Radhakrishna Ramnarain (INR 17.8 crore), Namita Thapar (through Thapar Vision LLP; INR 50 lakh completing a previously committed INR 1.5 crore), Rajesh Raheja (INR 3 crore) and over 20 other investors.Founded in 2020 by Shubham Gupta, Bonkers Corner is a streetwear-focused fashion label for both men and women. Its product range includes oversized graphic T-shirts, gym wear, hoodies, sweatshirts, and co-ord sets.The funding values the company at approximately INR 430 crore (around USD 48 million) on a post-money basis. For the financial year ended March 2025, the company reported an operating revenue of INR 123 crore and posted a profit of INR 4.3 crore.
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