Travel accessories brand EUME raises Rs 25 Cr in Series A

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Here’s a summarized list based on the provided content:

Funds

  • Amount Raised: Rs 25 crore ($3 million) in Series A
  • Previous Amount Raised: Rs 15 crore ($1.7 million)

Investors

  • Lead Investor: Ashish Kacholia
  • Other Investors:
    • Pradeep Rathod (Cello Group)
    • Prithviraj Kothari (Arvog Financial)

Startup

  • Name: EUME
  • Type: Travel accessories brand
  • Founded by: Naina Parekh and Pranay Parekh

Fundraise Series

  • Series: Series A

Date of Fundraise

  • Recent Raise: Rs 25 crore – (Date not specified in the text, presumed recent)
  • Previous Raise: Rs 15 crore in June of the previous year.

Miscellaneous

  • Planned Expansion: Opening three flagship stores in Bengaluru, Mumbai, and Hyderabad.
  • Uses of Proceeds: Scaling retail, strengthening operations, marketing, and working capital.

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2025-05-27 06:48:37