Blue-chip venture funds, investment firms backed by veteran corporate leaders as well as several startup founders are among those vying to buy stakes in a slew of new consumer brands that are challenging the dominance of incumbents.
Uppercase–a luggage brand started by former VIP Industries MD Sudip Ghose–is in talks with Flipkart-backer Accel to raise new capital, sources told us. This would be the third major deal in the space after Peak XV Partners Mokobara investment and Lighthouses bet on Safari.
Consumer Brands: Uppercase–a luggage brand started by former VIP Industries MD Sudip Ghose–is in talks with Flipkart-backer Accel to raise new capital, sources told us. This would be the third major deal in the space after Peak XV Partners’ Mokobara investment and Lighthouse’s bet on Safari.
Imported Shoes: Imported shoe brands trip as BIS nod delay begins to bite, ET Retail indiatimes.com - get the latest breaking news, showbiz & celebrity photos, sport news & rumours, viral videos and top stories from indiatimes.com Daily Mail and Mail on Sunday newspapers.