Uppercase, A startup from Mumbai, focused on sustainable travel accessories, has recently closed a large round of funding in the amount of $ 9 million in a B series, the leader of which became Accel. This injection of capital takes the total funding of the company to a significant $17. 9 million customers since the establishment of the company only three years ago.
It will be used to strengthen its market position in the cut-throat backpack industry, which is projected to be around Rs 10,000 crore. Further, the company aims to expand its customer base offline that is it wants to expand its physical stores across different metro cities of India. Products offered by this brand are a series of backpacks, trolley bags, duffles, shoulder bags, all of which are created using sustainable materials and handmade in India.
