Fashion startup Theater raises $1.5 Mn (INR 12.45 Cr) in a Pre-Series A funding round.
Founded in 2021 by Sarthak Aggarwal, Vikram Jain, Karan Jain, and Shruti Aggarwal, Theater specializes in deep fashion and offers women’s footwear, stockings, perfumes and bags.
The fresh infusion of capital will further help Theater in building strong presence in design-driven, mass-premium fashion brands, specializing in women’s footwear, stockings, perfumes and bags in the Indian fashion market .
CEO Sarthak Aggarwal said “We are committed to crafting fashion and lifestyle products that are not only exquisitely made but also timeless in design. This funding empowers us to drive growth through new channels like quick commerce, expand our offline presence, and accelerate our design iteration and production processes,”
Adding to his statement “Theater is disrupting the Women lifestyle space with strong design aesthetics and impeccable product quality. Indian consumption story is at its inflection point and we believe there is a whitespace in categories such as women’s shoes and perfumes,” are the words of Piyush Goenka, managing partner at Prath Ventures
