PE-VC Fund Investments
Luxury watch retailer Art of Time raises Rs.175-Cr
Mumbai-based luxury watch retailer Art of Time has raised INR 175 crore from Plutus Wealth Management, Girish Mathrubootham (Freshworks), Mithun Sacheti (CaratLane) and Siddhartha Sacheti (Jaipur Gems).Founded in 2015 by Bharat Kapoor and Gaurav Bhatia, Art of Time has 14 boutiques across Mumbai, Bengaluru, and Chennai.The fresh funds will be used by the company to expand its retail presence and launch new product categories. It also plans to expand its team size and invest in technology and inventory.
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