Monrow Shoes raises $1-M from LC Nueva, 9Unicorns, Others

Bengaluru-based women's footwear brand Monrow Shoes and Accessories has raised USD 1 million from investors including LC Nueva Investment Partners along with existing investors such as 9 Unicorns, Letsventure, and Venture Catalysts. Playbook Fund has also invested in the brand for the first time. Monrow will use the new funds to increase its market presence, expand its product portfolio, and build the Monrow community. In March 2021, the brand had raised USD 1 million.