Jaipur Watch Company raises Rs 1.6 Cr in revenue-based financing from Klub for marketing and inventory activities.
Apr 30, 2024•over 1 year ago
Amount Raised
₹16 Million
Round Type
pre-seed
JaipurJewelryFashionInvestors
Klub
Description
Jaipur Watch Company, a luxury watch microbrand, has secured Rs 1.6 crore in revenue-based financing from Klub. The company plans to use funds for marketing and inventory-related activities to enhance its position in the luxury watches market.
Funding Insights
Based on industry dataVC-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