VC Fund Investments

Luxury travel bags maker Eume raises Rs.15-Cr led by Ashish Kacholia

Business line   Yourstory  

Mumbai-based premium luggage maker Eume has raised INR 15 crore in a funding round led by Ashish Kacholia.Founded in 2018 by Naina and Pranay Parekh, Eume sells luggage, backpacks, vegan handbags, and accessories.The new funds will be used to expand brand awareness via targeted marketing campaigns, for leveraging digital channels and strategic partnerships and to enhance offline retail presence and invest in technology. The firm aims to set up its first flagship store in 2024.

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