VC Fund Investments
D2C fashion brand MyDesignation raises $1.25 M led by Multiply Ventures
Thiruvananthapuram-based direct-to-consumer (D2C) fashion brand MyDesignation has raised USD 1.25 million (approximately INR 10.7 crore) in its seed funding round led by Multiply Ventures. The round also saw participation from Veltis Capital, Sattva Ventures, Dominor Investment Holdings and Green Trunk Ventures.The fresh funds will be used to hire talent, improve technology, expand offline presence, and enter new markets.Founded in 2020 by Swaroop Krishnan and Gopika B Raj, MyDesignation offers fashion and lifestyle products through its website and claims to have a customer base of over 500,000.
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