VC Fund Investments
Men's innerwear brand XYXX raises Rs.90-Cr
Surat-headquartered men's innerwear brand XYXX Apparels has raised INR 90 crore (about USD 11 million) in its latest funding round led by Singularity Opportunities Growth Fund. The round includes a debt infusion of INR 15 crore (about USD 2 million) from Trifecta Capital. Existing investors including Sauce Venture Capital and DSG Consumer Partners also participated in the funding round. The company has so far raised INR 135 crore.
From the Venture Intelligence PE-VC Deal Database: Between Mar-19 and Jun-21, XYXX had raised over USD 5 M from Sauce VC, DSG Consumer Partners, Others. It has also raised INR 8.25 crore debt funding from Trifecta Venture Debt Fund. (Subscribers to the database can login to view the valuation, deal structuring and other transaction details.)
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