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Uppercase raises $9 million in a Series B round led by Accel to support business expansion and increase its customer base across India.

Aug 21, 2024over 1 year ago

Amount Raised

$9 Million

Round Type

series b

MumbaiTravelFashionE Commerce

Investors

Accel

Description

D2C luggage brand Uppercase has raised $9 million in a Series B funding round led by Accel. The funding will be used for business expansion, aiming to increase its customer base across India.

Company Information

Company

Uppercase

Location

Mumbai, Maharashtra, India

About

Uppercase is a D2C luggage brand that specializes in selling travel gear online and through a network of 1,800 multi-brand stores across India. Founded by Sudip Ghose, the company aims to expand its business and increase its customer base within India. Uppercase has achieved significant funding milestones, including a recent $9 million Series B round to support its growth ambitions.

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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