Miraggio raises $6.5 million in a funding round led by RPSG Capital and Client Associates Alternate Fund for retail expansion and brand development.

May 20, 2025•7 months ago

Amount Raised

$6.5 Million

New DelhiLifestyleRetailFashionE Commerce

Investors

Prath VenturesClient Associates Alternate FundRpsg Capital

Description

Fashion brand Miraggio has secured $6.5 million in a round led by RPSG Capital Ventures and Client Associates Alternate Fund. The funding will be used for retail expansion, technology integration, and brand building. They plan to open 15 to 20 stores in the next two years and introduce over 500 new products within 18 months. Founded in 2019, Miraggio targets women aged 18 to 35 and aims to enhance its market presence.

Company Information

Company

Miraggio

Location

New Delhi, Delhi, India

About

Miraggio is a fashion handbag and accessories brand founded in 2019. The Delhi-based company aims to fill a gap in the Indian market by offering premium-quality products with an aspirational brand experience at affordable prices. With plans to launch 15 to 20 offline stores and introduce over 500 new products, Miraggio targets women aged 18 to 35 across various city tiers. The brand has fulfilled over one million orders to date and is focused on retail expansion and technology integration.

Related People

2 contacts

Funding Insights

Based on industry data

VC-backed spending patterns