PE-VC Fund Investments
Women’s fashion brand house FS Life raises $4-M led by Colossa Ventures, others
FS Life , the Gurugram-based parent company of D2C (direct-to-consumer) women's fashion brand FableStreet, has raised INR 35.54 crore (around USD 4 million) in a Series B funding round led by Colossa Ventures, through its Colossa WomenFirst Fund, with participation from existing investor Fireside Ventures, HirePro Consulting, ASA Holdings, NKA Resources, and angel investors including Rahul Garg and Rahul Kayan.The company's valuation remained flat at INR 370 crore (USD 42 million) post-money. Founded in 2015 by Ayushi Gudwani, FS Life operates as a house of women's apparel and lifestyle brands. Its portfolio includes FableStreet, which specialises in western wear; March Jewellery, offering sterling silver and semi-precious jewellery; and Pinkfort, Indian wear with a contemporary take on traditional styles.
Between Jun 2019 and Jul 2022, FS Life had attracted about USD 9 M from Fireside Ventures, Mirabilis Investment Trust, Trifecta Capital and others.
Want to receive such news items in your inbox? Click Here to sign up for a trial.
