VC Fund Investments

Innerwear co Bummer raises Rs.9.25 Cr

Business Line  

Ahmedabad-headquartered Bummer , an innerwear maker, has raised INR 9.25 crore in a pre-Series A1 funding round led by Gruhas Collective Consumer Fund.Bummer expects to generate 50% of revenues from Ahmedabad, Indore, Hyderabad, Chandigarh, Bhopal and Jaipur. The focus will be on amplifying brand awareness and expanding into Tier 2, 3 and 4 cities.

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