Key Takeaways:
- The luxury footwear and fashion label, Louis Stitch, raises 50 million INR in seed funding.
- The firm’s total funding to date stands at 100 million INR.
- The lead investor for this round was Space World Group LLP.
- This marks the second funding round for Louis Stitch.
About Louis Stitch:
Known for its luxury footwear and fashion labels for men, Louis Stitch is a startup based out of Gurgaon, Haryana, India. They have made significant strides in the fashion, retail, and shoes industries. With this latest fundraising, their total funding now amounts to 100 million INR.
The Fundraising Round:
The recent fundraising round held on July 20, 2023, saw a significant investment from Space World Group LLP as the lead investor contributing to a fund of 50 million INR. This marked the second fundraising instance for Louis Stitch which is already setting a pace in the market.
Looking Ahead
With an impressive list of investors and a strong financial backing, Louis Stitch can be expected to make bigger moves in the fashion, retail, and shoes industry across Asia.
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