Flyrobe, a fashion rental platform, has recently opened its second franchise store in Bengaluru, according to a press release issued on Tuesday. The new store, which spans across 2,300 square feet of retail space, is located in Malleshwaram. The CEO of Flyrobe, Aanchal Saini, expressed her delight at the strong demand for their rental fashion services in Bengaluru. She stated that the youth in the city have embraced rental fashion at an incredible speed, making the launch of the second store a significant milestone in their growth journey. The store offers designer attire for various occasions ..read more

SS Beauty, which is a part of Shoppers Stop department stores, has recently opened its largest beauty store in Kolkata, India. Spread over 9,000 square feet at the Quest Mall, the store is an important moment for the beauty industry. Biju Kassim, the CEO of beauty at Shoppers Stop, mentioned that the brand has a responsibility to grow the category and that it was a leap of faith to think about a 9,000 square feet beauty store until recently. Kolkata is an important market for the company, and it was a combination of factors that led SS Beauty to launch its fourteenth store in the city. The com ..read more

Subko, a coffee chain specializing in high-quality coffee, has raised $10 million in funding. The funding round was led by Nikhil Kamath of Zerodha, with participation from Blume Founders Fund, The Gauri Khan Family Trust, Priya and John Abraham, Sangita Jindal, and other investors. The Mumbai-based startup’s post-money valuation now stands at approximately $34 million. Subko plans to use the funds to expand its workforce, open flagship stores, enhance product and design research and development, and launch “ready-to-drink” coffee products. The CEO of Subko, Rahul Reddy, expressed his gratitud ..read more

Groom India, the owner of the professional salon brand Naturals Salon, has recently announced that Smriti Mandhana, the latest cricket sensation, will become its brand ambassador. The announcement is made in anticipation of the launch of Naturals’ direct-to-consumer (D2C) skincare product segment in May 2024. This marks an important milestone for the brand as it ventures into the world of direct consumer products. Naturals aims to redefine the beauty experience for its customers with its D2C skincare product entry. By partnering with Smriti Mandhana, who is a symbol of determination, authentic ..read more

Farmley, a snacking brand supported by TechnifyBiz, has secured $6.7 million (approximately Rs 56 crore) in a recent funding round. The funding was led by BC Jindal Group, a major player in the industry, and existing investors such as DSG Consumer Partners, Omnivore, and Alkemi Partners also participated in the financial boost. Co-founder Akash Sharma shared insights on the use of funds, emphasizing their pivotal role in driving product innovation, expanding distribution channels, and strengthening brand-building endeavors. Sharma stated, “These funds will play a pivotal role in fueling our pr ..read more

Revaa, a revolutionary brand dedicated to transforming female health and hygiene, has officially launched at the India International Centre. Its mission is centered around raising awareness, breaking down taboos, and advocating for wellness across a variety of product categories. Revaa aims to revolutionize the way women experience their menstrual cycles and manage their moods by introducing a range of innovative products designed for the modern woman. The products are dedicated to increasing awareness, breaking societal taboos, and promoting overall wellness. Revaa launches with a mission to ..read more

Bummer, a direct-to-consumer apparel firm, recently secured Rs 9.25 crore in a funding round led by Gruhas’ Collective Consumer Fund, a venture capital firm backed by Nikhil Kamath. Fluid Ventures, an existing investor in Bummer, also participated in the funding round, which was made against fresh shares. The entire proceeds of the investment will go to the company. Previously, Bummer had raised Rs 5.5 crore in seed funding from investors such as Boat’s Aman Gupta and Beenext Asia, a Singapore-based venture firm that has invested in companies like BharatPe and NoBroker. Following this latest f ..read more

Foxtale, a D2C beauty and personal care (BPC) brand, has recently raised almost $14.4 Mn in funding led by Panthera Growth Partners based in Singapore. The round also saw participation from current investors Matrix Partners India and Kae Capital through multiple entities, as per regulatory filings accessed by Inc42. Founded in 2021 by former venture capitalist Romita Mazumdar, Foxtale sells skincare products like serums, masks, moisturizers, face washes, sunscreens, among others. The brand mainly sells its products through its own website, online marketplaces, and offline stores. It claims to ..read more

Actor Anushka Sharma-endorsed snack maker Slurrp Farm, a direct-to-consumer (D2C) company, has raised about Rs 60 crore or $7.2 million. The funding round was led by Alkemi Growth Capital, a healthcare and consumption-focused investor, along with philanthropist Narotam Sekhsaria’s family office. Existing investors Fireside Ventures and Raed Ventures also participated in the round, along with Sharrp Ventures, an investment vehicle of Marico’s Mariwala family. According to filings with the Registrar of Companies (RoC), both Alkemi Growth Capital and Madhurima International, an investment vehicle ..read more

Beyoung, an Indian direct-to-consumer fashion brand, announced that it has received a strategic investment from the Royal Office of Sheikh Tahnoon Bin Saeed Bin Tahnoon Al Nahyan. The Royal family has made significant investments in various sectors globally, including real estate, retail, genomics, and deep tech. This investment is a significant milestone for Beyoung, providing not just financial support but also validating the startup’s global potential. Beyoung has ambitious plans to enhance its omnichannel presence and launch over 300 stores worldwide within the next three years. “We see im ..read more