Fundz

Fashion jewellery brand Kushal’s raise ₹284 crores in funding round led by Lighthouse

PRIVATEFeb 28, 2024

Amount Raised

₹284 Million

Round Type

Seed

BengaluruE CommerceFashionRetailLifestyle

Investors

India SME InvestmentsLighthouse India Fund Iv Aif

Description

Kushal’s Fashion Jewellery has raised ₹284 crore in a funding round led by Lighthouse India Fund IV AIF. The investment includes a secondary buyout, allowing a partial exit for the first institutional investor, India SME Investments. The funding will facilitate investments in brand building, technology, people, and retail expansion.

Quick answer

Kushal's raised ₹284 Million in a Seed round, dated February 28, 2024. Investors: India SME Investments and Lighthouse India Fund Iv Aif. Kushal's is based in Bengaluru, Karnataka, India.

How much did Kushal's raise?
Kushal's raised ₹284 Million in a Seed round on February 28, 2024.
Who invested in Kushal's?
India SME Investments and Lighthouse India Fund Iv Aif are named as investors in this round.
What does Kushal's do?
Kushal’s is a fashion and silver jewellery brand offering a diverse range of products for weddings, festivals, occasions, and everyday wear.
Where is Kushal's based and how big is it?
Kushal's is based in Bengaluru, Karnataka, India.
Who are the decision-makers at Kushal's?
Fundz holds 1 contact at Kushal's. Names and contact details are shown to Fundz members.

Source: Fundz verified event record.

Who else raised in E Commerce and Fashion around the same time

Companies in the same sectors as Kushal's that raised within 45 days of this round, from Fundz verified event records.

  • Lalo raised an undisclosed amount on March 22, 2024.
  • Homage raised $5M on February 28, 2024.
  • Mercado Único raised $395K (Pre-Seed) on April 4, 2024.
  • Kidsy raised $1M (Pre-Seed) on March 28, 2024.
  • Scent Lab raised an undisclosed amount (Seed) on March 21, 2024.
  • Fiona Diamonds raised $786K (Seed) on March 12, 2024.

Who to call at Kushal's, and when

A new round usually means Kushal's is about to hire and buy. The teams that reach out first get the meeting.

  • An alert the day Kushal's raises, hires an executive or expands, scored against what you sell
  • The decision-makers there, with verified emails
  • Who you already know at Kushal's, from your own LinkedIn network

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Company Information

Company

Kushal's

Location

Bengaluru, Karnataka, India

About

Kushal’s is a fashion and silver jewellery brand offering a diverse range of products for weddings, festivals, occasions, and everyday wear. Founded in 2006 by the Gulechha family, it operates through 75+ stores across 25+ cities in India and online channels.

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