Marquee investor Ashish Kacholia, others invests Rs 25 crore in premium travel luggage brand EUME

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Details of the Fundraising

  • Startup: EUME
  • Founders: Naina Parekh, Pranay Parekh
  • Funding Series: Series A
  • Date of Funding: Not specified, but the pre-Series A funding occurred in June of the previous year.
  • Funds Raised: Rs 25 crore
  • Lead Investor: Ashish Kacholia
  • Existing Seed Investors:
    • Pradeep Rathod (Cello Group)
    • Prithviraj Kothari (Arvog Financial)

Summary

EUME is a premium travel luggage and accessories brand that recently raised Rs 25 crore in Series A funding, led by Ashish Kacholia, a returning investor. The funds will be used for scaling retail presence, team enhancement, and marketing efforts. The company plans to expand its product portfolio and enhance brand appeal in both B2C and B2B markets.

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2025-05-27 07:44:03