Mumbai-based quick commerce fashion platform KNOT, which offers 60 minute fashion delivery and a Try and Buy experience, has raised $5 million in a new funding round led by 12 Flags. Existing investors Kae Capital and Boundless Ventures also participated in the round.
The fresh capital comes just three months after the company closed its $3 million pre Series A funding round in August.
KNOT was founded in 2025 by IIT Bombay graduates Archit Nanda and Rachit Bansal and focuses on serving Gen Z and millennial shoppers through hyperlocal distribution,…

![[CITYPNG.COM]White Google Play PlayStore Logo – 1500×1500](https://startupnews.fyi/wp-content/uploads/2025/08/CITYPNG.COMWhite-Google-Play-PlayStore-Logo-1500x1500-1-630x630.png)