VC Fund Investments

Online luggage seller Icon raises $1.2 M from DSG Consumer Partners, others

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Ahmedabad-based Icon , an internet-first direct-to-consumer (D2C) luggage and travel accessories (LTA) startup, has raised USD 1.2 million in its seed round led by DSG Consumer Partners with participation from a clutch of angel investors.The proceeds will be used to ramp up Icon’s existing product line, expand its team, strengthen distribution network, and boost its portfolio.Founded by Mohammad Patel, Poojan Shah, Fazal Lakhani, and Aakash Mehta, Icon’s product portfolio consists of hard luggage, backpacks, and handbags.

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