Fashion and accessories brand Salty raises Rs 30 crore from MG Investments, others

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Direct-to-consumer (D2C) fashion and accessories brand Salty has raised Rs 30 crore in a funding round led by MG Investments, which also saw participation from all existing investors including Anicut Capital, All In Capital, and JK Group.

The startup plans to deploy the capital to expand into new product categories such as watches, sunglasses, scarves, belts, and bag charms. The funds will also be used to strengthen its core team, scale its presence across ecommerce and quick commerce platforms, and set up its first flagship store.

“We began with a…



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Fashion and accessories brand Salty raises Rs 30 crore from MG Investments, others



Direct-to-consumer (D2C) fashion and accessories brand Salty has raised Rs 30 crore in a funding round led by MG Investments, which also saw participation from all existing investors including Anicut Capital, All In Capital, and JK Group.

The startup plans to deploy the capital to expand into new product categories such as watches, sunglasses, scarves, belts, and bag charms. The funds will also be used to strengthen its core team, scale its presence across ecommerce and quick commerce platforms, and set up its first flagship store.

“We began with a…



Source link

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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