Private Equity VC Fund Investments
Women’s footwear brand Theater raises $1.5 M led by Prath Ventures
Source India Retailing (opens in a new tab)Yourstory (opens in a new tab)
Chandigarh-based fashion brand Theater has raised INR 12.5 crore (USD 1.5 million) in a pre-Series A funding round led by Prath Ventures with participation from existing angel investors. The funding will help Theater grow into a design-driven, mass-premium fashion brand, specialising in women’s footwear, stockings, perfumes, and bags.Founded in 2021 by Sarthak Aggarwal, Vikram Jain, Karan Jain, and Shruti Aggarwal, Theater offers products in the price range of INR 900 and INR 4,000. It sells products through its website as well as e-commerce marketplaces.