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Comet raises Rs 98.75 crore ($10.2M) in Series B led by Verlinvest. The Bengaluru sneaker brand secures funding from Elevation Capital, Nexus Venture Partners and others.
PRIVATESep 02, 2026•6 days ago
Amount Raised
₹988 Million
Round Type
Series B
New YorkSoftwareData And AnalyticsScience And EngineeringArtificial Intelligence
Comet, a Bengaluru-based direct-to-consumer sneaker brand, is raising Rs 98.75 crore (approximately $10.2 million) in Series B funding led by Belgium-based private equity firm Verlinvest. Existing investors Elevation Capital and Nexus Venture Partners are participating alongside new backers including Urban Company co-founder Abhiraj Singh Bhal, Bhaane Retail, and former Meta India executive Ajit Mohan. The funding comes over a year after Comet's Series A round of Rs 42.3 crore in July 2024. The company plans to use the capital for working capital, capital expenditure, and general corporate purposes as it expands in India's premium footwear market.
Company Information
Company
Comet
Location
New York, United States
About
Comet’s platform empowers data scientists and machine learning (ML) engineers to accelerate ML development by managing and optimizing the entire ML lifecycle, from experiment tracking to model production monitoring. Trusted by over 150 customers including Ancestry, Cepsa, Etsy, Uber and Zappos, Comet has built a community of tens of thousands of users and academic teams who use the platform free of charge to accelerate research in their fields of study. Comet is headquartered in New York City, with a remote global workforce. To learn more about Comet, visit comet.ml. To join our community, visit heartbeat.comet.ml.
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New YorkSoftwareData And AnalyticsScience And EngineeringArtificial Intelligence