Tech-led retailer Ace Turtle raises $5 million in round led by existing investor Vertex Holdings

December 16, 2025

, By The Economic Times

Tech-led retailer Ace Turtle raises million in round led by existing investor Vertex Holdings

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Ace Turtle, which operates denim brands Lee, Wrangler, and G-Star Raw in India, has raised $5 million in fresh funding from existing investor Vertex Holdings, along with its co-founders Berry Singh and Nitin Chhabra.

While it did not disclose the valuation of the company, Chhabra said the fresh money will help fund expansion plans, including the recent addition of the G-Star Raw licence, and extend the company’s cash runway ahead of a larger fundraiser planned for next year.

“Raising debt was avoided, as it would have strained the balance sheet and…

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Tech-led retailer Ace Turtle raises $5 million in round led by existing investor Vertex Holdings

December 16, 2025

, Published By The Economic Times

Tech-led retailer Ace Turtle raises million in round led by existing investor Vertex Holdings

Ace Turtle, which operates denim brands Lee, Wrangler, and G-Star Raw in India, has raised $5 million in fresh funding from existing investor Vertex Holdings, along with its co-founders Berry Singh and Nitin Chhabra.

While it did not disclose the valuation of the company, Chhabra said the fresh money will help fund expansion plans, including the recent addition of the G-Star Raw licence, and extend the company’s cash runway ahead of a larger fundraiser planned for next year.

“Raising debt was avoided, as it would have strained the balance sheet and…

Disclaimer

We strive to uphold the highest ethical standards in all of our reporting and coverage. We StartupNews.fyi want to be transparent with our readers about any potential conflicts of interest that may arise in our work. It’s possible that some of the investors we feature may have connections to other businesses, including competitors or companies we write about. However, we want to assure our readers that this will not have any impact on the integrity or impartiality of our reporting. We are committed to delivering accurate, unbiased news and information to our audience, and we will continue to uphold our ethics and principles in all of our work. Thank you for your trust and support.

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Previous News

iPhone Fold will be ‘more wide than tall’ when unfolded, per report

Next News

OpenAI continues on its ‘code red’ warpath with new image generation model

The Economic Times

More like this

Popular

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