Big players like HUL swooping in not only validates the space but also pushes it to new heights. More brands will likely follow suit, seeing that there’s real value in creating homegrown D2C brands
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VCGuy
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L Catterton (LVMH-backed PE) is making its biggest India bet yet with a dedicated $600 M fund.
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After ScoopWhoop, WLDD Acquires D2C Sneaker Brand 7-10
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How did two boys from Jaipur sell their company to HUL for 3200 CR?
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How 👕 The Souled Store Made Fandom Wear a Lifestyle
Brand: The Souled Store
Founded: 2013
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HQ: Mumbai, India
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The Problem ❌
Fans of movies, TV, comics had no cool merch in India
If your LinkedIn company page only posts updates like "We won an award!" or "We hired a new VP!" you're losing your audience faster than WiFi on a Zoom call.
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Top News of the Week
1. Funding:
- This week, IPO-bound non banking financial company Aye Finance raised $12.8 Mn in debt from a clutch of investors, including Northern Arc, ASK Financial Holdings. This was the largest funding round of the week.
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