Connect with us

Business

Bengaluru-based Koskii raises Rs 61 crore from Baring Private Equity, others

Koskii, the Bengaluru-based women’s occasion-wear brand has raised Rs 61 crore ($7.5 million) in a series A funding round led by Baring Private Equity Partners India.


Investment banking firm Steer Advisors also participated in the funding round.

The capital will be utilised to expand offline stores, strengthen Koskii’s online presence, technology development, and hiring.

Commenting on the funding, Umar Akhter, co-founder CEO of Koskii in a statement said, “This funding round validates Koskii’s robust business framework, which leverages technology as its core. Built on the principles of frugality, jugaad, and above all, profitability, we have established a strong foundation for growth.”

Mitali Chitre, partner at Baring Private Equity Partners India added, “The quality of the team, their integrity, the focus on unit economics and the vision to make Koskii the first pan-India women’s occasion wear brand got us excited to be a part of the company’s growth journey.”

Founded in 2017 by brothers Umar Akhter, Sameen Eajaz, and Haroon Rashid, along with their sister Ayesha Saubia joining later, Koskii has emerged as a leading brand in the women’s occasion wear category.

Currently, it has an offline presence in Bengaluru, Chennai, Delhi, Coimbatore, and Hyderabad and delivers online to over 10,000 pin codes across India.

Continue Reading
Advertisement

Trending Videos

Barbara Palvin-top runway walks
Isabel Marant Unveils FW 25-26 at Paris Fashion Week With Celebrity Guests

Trends

Fashion Herald Egypt Cover Fashion Herald Egypt Cover
Magazine1 week ago

Nesma Mamdouh: The Cleopatra of the Catwalk and Queen of Cultural Charm

“Rule no. 1: Never be no. 2.” That’s not just favorite quote of Nesma Mamdouh —it’s her philosophy for life....

Freen Sarocha Latewst News Freen Sarocha Latewst News
Celeb Style2 weeks ago

Freen Sarocha: Unleashing Tangy Chic in New Ume Pepsi Thailand

Freen Sarocha style in the New Ume Pepsi campaign in Thailand exudes a vibrant, playful, and effortlessly cool vibe that...

Aarushi Nishank Fashion Herald Aarushi Nishank Fashion Herald
Editorial2 months ago

Aarushi Nishank: Celebrating Holi in Style and Embracing Fashion with Confidence

Actor and film producer Aarushi Nishank exudes a blend of effortless elegance and contemporary charm. In an exclusive interview with...

Sana Raees Khan Fashion Herald Cover Top Fashion Magazine India Sana Raees Khan Fashion Herald Cover Top Fashion Magazine India
interview2 months ago

Sana Raees Khan-The Powerhouse Balancing Law, Fashion, and Stardom

Fashion Herald recently had the privilege of interviewing the multi-faceted Sana Raees Khan, a distinguished criminal lawyer and entrepreneur. In...

featuring nude artist Izunia Motyl featuring nude artist Izunia Motyl
Editorial3 months ago

Beyond Trends- How Izunia Motyl Masters Classic Glamour

Izunia Motyl is the epitome of grace, blending sensuality with sophistication in a way that channels the classic allure of...

malaika arora hot photoshoot for Fashion Herald malaika arora hot photoshoot for Fashion Herald
Celeb Style4 months ago

Malaika Arora Leads the Shine Revolution

Malaika Arora is a renowned name in Bollywood, celebrated not only for her dancing prowess but also as a style...

top fashion magazine miami top fashion magazine miami
Magazine5 months ago

Daria Koso: Capturing Miami’s Fashion Pulse with a Global Vision | Fashion Herald Cover

From the sun-drenched shores of Miami to the sophisticated studios of Belarus, Daria Koso’s journey as a fashion photographer has...

featuring nude artist Sherlyn Chopra featuring nude artist Sherlyn Chopra
Editorial5 months ago

Exclusive: Sherlyn Chopra Opens Up About Her Journey, Fashion, and Future Ventures

In an exclusive conversation with Fashion Herald, Fashion Herald December Covergirl Sherlyn Chopra takes us through her inspiring journey, bold...

Magazine5 months ago

Shraddha Kapoor Bold and Chic Fashion Statement

Shraddha Kapoor bold and chic look that perfectly encapsulates modern chic with a touch of bold fashion. For her recent...

Mouni-Roy-Hot-Pics Mouni-Roy-Hot-Pics
Lifestyle5 months ago

Mouni Roy Stuns in a Modern Pantsuit Ensemble

In a recent fashion statement that has caught the eyes of many, Bollywood actress Mouni Roy is seen donning a...


NEWSLETTER