D2C rollup ecommerce startup GOAT Brand Labs acquired Chumbak and four other D2C brands

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D2C rollup ecommerce startup GOAT Brand Labs acquired Chumbak and four other D2C brands

Direct-to-consumer (D2C) rollup ecommerce startup GOAT Brand Labs acquired Chumbak and four other D2C brands. It did not, however, reveal the names of the other four brands.

GOAT collaborates with brands and provides them with resources to help them scale. Following the acquisition, GOAT intends to increase Chumbak’s revenue to INR 500 crore by 2025. Chumbak’s capabilities in brand building, digital marketing, online and offline growth, and international market expansion will be leveraged further. Eight months ago, GOAT infused an undisclosed amount in skincare and cosmetics brand Nutriglow. According to Inc42, the country’s D2C market is expected to grow at a CAGR of 24% to $300 billion by 2030.

Sreejit Kumar
Sreejit Kumar
Hi, I'm Sreejit Kumar, a journalist with a Master's degree in Journalism. Through my education and professional experience, I have developed a keen eye for detail and a passion for uncovering the truth. As an author for this news website, I am committed to delivering accurate, timely, and engaging stories that inform and entertain our readers.

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Direct-to-consumer (D2C) rollup ecommerce startup GOAT Brand Labs acquired Chumbak and four other D2C brands. It did not, however, reveal the names of the other four brands.

GOAT collaborates with brands and provides them with resources to help them scale. Following the acquisition, GOAT intends to increase Chumbak’s revenue to INR 500 crore by 2025. Chumbak’s capabilities in brand building, digital marketing, online and offline growth, and international market expansion will be leveraged further. Eight months ago, GOAT infused an undisclosed amount in skincare and cosmetics brand Nutriglow. According to Inc42, the country’s D2C market is expected to grow at a CAGR of 24% to $300 billion by 2030.

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Sreejit Kumar
Sreejit Kumar
Hi, I'm Sreejit Kumar, a journalist with a Master's degree in Journalism. Through my education and professional experience, I have developed a keen eye for detail and a passion for uncovering the truth. As an author for this news website, I am committed to delivering accurate, timely, and engaging stories that inform and entertain our readers.

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