Women’s ethnic wear brand ‘Alaya By Stage3’ raises seed funding led by LC Nueva
Gurugram-based women’s ethnic wear brand Alaya By Stage3 has raised seed funding in a round led by LC Nueva AIF, with participation from a Delhi-based angel investor. The round was advised by Brightbridge Advisors.The capital will be used to expand operational capacity, strengthen supply chain capabilities, and deepen the integration of AI across the business, ahead of peak festive demand.The company plans to raise a larger institutional round later this year and aims to build an INR 50-crore ARR business over the next two years.
Want to receive such news items in your inbox? Click Here to sign up for a trial.