Angel Investments
Ethnic wear seller House of Chikankari raises Rs.4-Cr
Delhi-based D2C (direct-to-consumer) brand for ethnic wear has raised INR 4 crore in a seed funding round from angel investors and micro-VC funds, including Tudip Ventures, Peyush Bansal (Lenskart), Manoj Meena (Atomberg), Ankit Nagori (Curefoods), Hitesh Dhingra (The Man Company), Alluvium Capital, and Aurinko Partners. The fresh proceeds will be used to expand marketing efforts, grow the team, and scale the business to INR 100 crore in revenue.Founded in 2020 by Aakriti Rawal and Poonam Rawal, House of Chikankari offers an online platform for handcrafted, hand-embroidered clothing that claims to blend traditional craftsmanship with contemporary design. The company generates 85% of its revenue through its website.
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