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This round has also seen saw participation from Capria Fund, BNK Ventures, William Jarvis and existing investors including Nexus Venture Partners andKalaari Capital.
The round has also seen participation from Mayfield India, Kalaari Capital, and Blume Ventures and few Indian family offices.
With this funding, Zivame will further enhance its retail footprint and leadership in existing and newer markets.
This funding comes after the brand hit Rs 24 crore revenue run rate, which made it one of the fastest growing internet first apparel brands.
The company plans to deploy the fresh round of funding towards increasing distribution, product expansion, brand-building efforts and strengthening the technology backbone.
Sukkhi started off as an online-only brand and has widened its reach to 27 different marketplaces, including 2 international ones.
Iba Halal Care was launched in 2014 by two women entrepreneurs, Mauli Teli and Grishma Teli. Prior to this round, the brand raised Rs 6 crore series A funding from GVFL Ltd in August 2017.