Kushal's will use the funds to strengthen its brand and increase its retail footprint. The jewellery brand aims to open more than 300 stores in the next three to four years. The funds will also be used to build technology.
Salty secures Rs 5.4 cr seed funding led by All In Capital, Anicut Capital indiantelevision.com - get the latest breaking news, showbiz & celebrity photos, sport news & rumours, viral videos and top stories from indiantelevision.com Daily Mail and Mail on Sunday newspapers.
Salty said the the capital raised will be deployed in initiatives, including recruiting for critical positions, expanding channels, and strengthening the brand's digital presence with the release of an app.
GenZ Fashion Jewelry Salty Secures INR 5.4 Crore Seed Funding adgully.com - get the latest breaking news, showbiz & celebrity photos, sport news & rumours, viral videos and top stories from adgully.com Daily Mail and Mail on Sunday newspapers.
Salty: “The funding is not a mere financial milestone but a testament to the hard work of our team and the unwavering support of our community. We aim to achieve Rs 40 crore annual revenue run rate in 2024 and expand our design range to include over 3000 products,” said Garg.
Startup news and updates: Daily roundup (January 11, 2024) yourstory.com - get the latest breaking news, showbiz & celebrity photos, sport news & rumours, viral videos and top stories from yourstory.com Daily Mail and Mail on Sunday newspapers.