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Eume raises Rs 15 crore in funding led by Ashish Kacholia to expand operations and drive innovation

Jun 21, 2024over 1 year ago

Amount Raised

₹150 Million

MumbaiRetailFashionE Commerce

Investors

Ashish Kacholia

Description

Premium luggage maker Eume has raised Rs 15 crore in a funding round led by investor Ashish Kacholia. The funds will be used to streamline operations, expand the team, drive innovation, build an offline retail presence, invest in technology, and enhance brand awareness.

Company Information

Company

Eume

Location

Mumbai, Maharashtra, India

About

EUME specializes in creating innovative, multi-purpose accessories for everyday commuters, jetsetters, and family travellers. Their designs prioritize functionality, packing organization, and travel comfort. EUME aims to set new standards by offering reliable and futuristic travel solutions, always evolving and unafraid to revolutionize. They seek to harmonize the relationship between people and their belongings, making them a trusted travel companion.

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Funding Insights

Based on industry data
VC-backed spending patterns
VC-backed companies spend 89% more on sales and 100% more on marketing than bootstrapped peers
Tech investment trends
83% of B2B companies plan digital investments, with 79% prioritizing customer experience tech