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D2C fashion brand MyDesignation raises 40 Cr in Series A round

EntrackrEntrackr · 2d ago
D2C fashion brand MyDesignation raises 40 Cr in Series A round
Medial

Direct-to-consumer (D2C) fashion brand MyDesignation has raised Rs 40 crore in a Series A funding round led by RPSG Capital Ventures, with participation from existing investors Veltis Capital, Multiply Ventures, and Dominor Investments. The Kerala-based startup had previously secured $1.25 million in a seed funding round in Feb. 2025. The proceeds will be deployed to expand its offline retail footprint through company-owned stores, strengthen the senior leadership team, and launch new product categories as it enters the next phase of growth. Co-founded in 2020 by Swaroop Krishnan and Gopika B Raj, MyDesignation is focused on building a design-led, community-driven apparel business, offering a personalized shopping experience with a focus on culturally inspired and stylish casual wear. The brand reports strong repeat purchase rates and aims for further growth with plans to open eight stores over the next year.

Related News

Men’s ethnicwear brand Kisah secures Rs 13 Cr to expand offline and D2C biz

EntrackrEntrackr · 8m ago
Men’s ethnicwear brand Kisah secures Rs 13 Cr to expand offline and D2C biz
Medial

Men’s ethnicwear brand Kisah secures Rs 13 Cr to expand offline and D2C biz Co-founded in 2018 by Yash Sarawagi and Yashwi Ladasaria, Kisah offers high-fashion ethnicwear for Gen Z and millennials at accessible prices. Men’s ethnicwear brand Kisah Apparels has raised Rs 13 crore (1.52 million) in a pre-Series A funding round led by Wow! Momo founder Sagar Daryani, along with participation from Apoorv Salarpuria, Rahul Todi, Vinod Dugar, and Inflection Point Ventures. The proceeds will be utilized towards expanding its offline presence, scaling up direct-to-consumer (D2C) operations, and investing in brand-building, Kisah said in a press release. The Kolkata-based brand began with a marketplace-first model and is now evolving into an omnichannel brand. It currently operates two offline retail stores, with three more outlets planned across key Indian cities. “E-commerce gave us pan-India reach and deep customer insights, which are now fueling our D2C and offline growth—backed by data, customer pull, and positive cash flow at the company level,” said Yash Sarawagi, co-founder and CEO of Kisah Apparels. Kisah added that it has built internal systems to analyze data from its marketplace and D2C operations, which inform product design, sourcing decisions, supply chain efficiency, and marketing campaigns. The brand claims to have grown from Rs 40–45 crore to a run rate of over Rs 100 crore, with positive operating cash flow and PAT.

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