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Mokobara raises ₹90.66 crore ($9.5M) in Series C led by Sauce VC with participation from Peak XV Partners and other investors.
PRIVATESep 02, 2026•6 days ago
Amount Raised
₹907 Million
Round Type
Series C
BengaluruRetail
Investors
Vivek JainAyra VenturesNiveshaay Sambhav FundPeak Xv PartnersSauce Vc
Description
Mokobara, a Bengaluru-based D2C luggage and travel accessories brand, is raising ₹90.66 crore (approximately $9.5 million) in Series C funding. The round is led by existing investor Sauce VC with participation from Peak XV Partners, Niveshaay Sambhav Fund, Ayra Ventures, and other existing investors. The company's valuation is expected to rise 2.76 times to approximately ₹1,930 crore from ₹700 crore in its Series B round. The capital will support growth objectives, strengthen financial position, and fund long-term expansion.
Company Information
Company
Mokobara
Location
Bengaluru, Karnataka, India
About
Mokobara is a direct-to-consumer luggage and travel accessories brand based in Bengaluru, India. Founded in 2020 by former Urban Ladder executives Sangeet Agrawal and Navin Parwal, the company aims to provide mid-premium segment products and operates multiple stores in Bengaluru, Delhi, Mumbai, and Pune.
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BengaluruRetail