VC Fund Investments
D2C footwear brand Yoho raises $3.2 M from Gulf Islamic Investments, angels
Delhi-based D2C footwear brand Yoho has raised INR 27 Cr (USD 3.21 M) as part of its Pre-Series B round led by Gulf Islamic Investments (GII) along with Rajeev Misra (CEO of SoftBank Investment Advisers) and Paytm’s Vijay Shekhar Sharma, Rukam Capital and Pankaj Chaddah of Shyft. The company plans to use the fresh capital to fuel its domestic and international expansion, scale up investments in research and development (R&D) and grow its product portfolio.Founded in 2020 by Ahmad Hushsham and Prateek Singhal, Yoho manufactures affordable orthopaedic lightweight footwear using AI-powered solutions.
Between Jun 2021 and Oct 2022, Yoho had raised about USD 3.04 M from Rukam Capital, Sprout Venture Partners, Vijay Shekhar Sharma, Ashneer Grover, Gaurav Agarwal , Kunal Shah and Pankaj Chaddah.
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