Men's fashion brand Louis Stitch attracts Rs.5-Cr from Space World Group

Louis Stitch, a Gurugram-based men's fashion brand, has attracted INR 5 crore in a pre-Series A funding round, propelling its expansion plans into the retail space. The funding comes from Space World Group, a player in telecom, infrastructure, chemical, and manufacturing segments. The company aims to use the funds to increase its product portfolio in the men's wear segment besides expanding its retail capabilities across India. The company will soon launch its first-ever brand outlet, which will offer a range of apparel, accessories and footwear.