Fashion accessories brand Miraggio raises $1.2 M led by Seven Rivers, Magnetic

Delhi-based fashion accessories brand Miraggio has raised USD 1.2 million in its pre-Series A round co-led by Seven Rivers Holding and Magnetic. The proceeds will be used to expand its product categories such as backpacks, wallets, and SLGs (small leather goods), and invest in marketing initiatives, AR technology and collaborations with large format retailers. Miraggion was founded by Mohit Jain in 2020.