The startup offers an online platform offering products including laptop bags, backpacks, and handbags. The company plans to use these fresh proceeds to scale its operations, enhance its manufacturing capability, and develop its market presence.

The startup also intends to use some of this investment to strengthen its supply chain and expand its offline brand presence. inc42 reported. This funding round came after 18 months for the company. The company will invest in the new funding round along with existing investor Stellaris Venture.

Aavishkaar Capital previously invested in Agrostar, GoDesi, Milk Mantra, Altum Credo, and Ergos. This D2C lifestyle brand provides various products including travel pouches, backpacks, and footwear. The company also offers footwear, travel pouches, and other products. The startup aims to use this investment and expand its offline presence.

The company claims to provide handmade products made of silk, khadi, ikat, and jute. Zouk majorly provides deals in laptops, chain wallets, and tote handbags. The startup raised 14.5 million USD across multiple funding rounds since its inception, including $8.5 million secured from Stellaris Venture Partner during its series B funding round.

The startup also raised $3 million from Stellaris Ventures, in its series A round led by Sharrp Ventures, and other investors. The company intends to strengthen its quick-commerce presence and improve its production capability. The startup data intelligence platform, tracxn mentioned the post-money valuation of Zouk to be around 49.3 million USD during its last funding round.

The Mumbai-based startup claims to have a customer base of more than 700,000 customers across India. The company posted a revenue from operations of Rs 47.41 crore in FY23. However, the losses stood at Rs 10.55 crore in the same duration.

The existing investor Stellaris Ventures remains the largest external stakeholder of the firm with a 19.63 percent stake followed by its founders holding 31 percent of the company’s share after the last funding round. The D2C lifestyle brand faces competition from other companies in the same market segment such as Maisha Lifestyle, and Strutt.

Conclusion :

Internet-first D2C lifestyle brand, Zouk raised 10 million USD million in its series B funding round from the Aavishkaar Capital. Aavishkaar Capital led the round with the participation of Stellaris venture partners, Sharrp Ventures, Titan Capital, and the JJ family office.

The startup plans to use this fresh capital to scale its operations, improve its supply chain, and develop its offline brand presence. The existing investor Stellaris Ventures remained the largest external stakeholder of the firm. The company provides handmade products made of fabrics such as silk, khadi, and jute. The development came just after the D2C lifestyle sector saw increased investor interest. 

Niraj Kumar

Niraj Kumar is the Founder and CEO of Scoopearth, bringing over 13 years of experience across diverse domains, including journalism, content marketing, digital marketing, startup mentoring, and business coaching. His extensive background and leadership have made a significant impact in these areas, helping startups grow and succeed in a competitive landscape.

Reach us: niraj@scoopearth.com

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The company mentioned in an exchange filing that after this funding round, the firm’s stake increased in WROGN to 32.84 percent on a fully diluted basis. 

The startup plans to use these fresh proceeds to scale its operations, enhance its platform, expand its services, and develop a market presence. The D2C fashion brand has a product portfolio including apparel, footwear, and accessories.

The development came just after the company raised Rs 125 crore from TMRW House of Brands. The investment provided 16 percent of the firm’s stake to TMRW and valued the company at 105 million USD. TMRW is a company under the Aditya Birla Group that is currently an investor in eight Indian fashionwear brands including The Indian Garage Co, JuneBerrry, and Verido.

This fashion brand claims to offer products in various categories from casual wear to footwear. The firm received interest from the general public and investors with cricketer Virat Kohli’s influence. The firm earns income through convenience fees raised from deliveries, designing, and selling the products. The startup has raised over $90 million across all its equity and debt funding rounds since its inception, including the funding round led by Flipkart during its series F funding round. 

The D2C fashion startup posted a 29.2 percent decrease in its operational revenue to Rs 243.75 crore in FY24. However, the net loss also increased by 28.2 percent and stood at Rs 56.76 crore in the same duration. The decline in sales added to the increased net loss. The company plans to control its losses by reducing its operating expenses and employee benefits. The development came just when the D2C market segment saw increased investor interest. 

The data intelligence platform, thekredible mentioned that the D2C fashion sector is expected to cross $43.2 billion by the end of next year. The D2C brand offers an online shopping platform for casual wear, apparel, accessories, and footwear with the best shopping experience.  Wrogn receives investments from Accel, Sachin Tendulkar, Virat Kohli, and Flipkart.  The company faces competition from D2C fashion brands such as TCNS clothing, Snapdeal, and HRX.

Conclusion :

The D2C fashion startup WROGN secured Rs 75 crore in its fresh funding round led by Aditya Biral Digital Fashion Ventures Ltd. Wrogn offers an online marketplace and offline stores for men’s clothing, apparel, accessories, and accessories. This new investment from Aditya Birla Digital Fashion Ventures helped the firm to increase its stake to 32 percent in the Wrogn.

The D2C fashion sector is expected to grow and reach the 43.2 billion USD mark by 2025. The brand used Virat Kohli’s influence to expand its reach and partnerships with major e-commerce platforms like Flipkart.

Deepika Khare

Deepika Khare is a seasoned entrepreneur with 10 years of experience across diverse industries, including technology, startups, and business. She has a profound understanding of content marketing strategies and journalism, allowing her to create impactful and result-driven content. With expertise in the startup ecosystem, digital marketing, business coaching, and mentoring, she excels at crafting compelling narratives, optimizing content for engagement, and positioning brands for long-term success in the ever-evolving digital landscape.

Reach us: deepika.khare@scoopearth.com

Linkedin Profile :  https://www.linkedin.com/in/deepika-khare/

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The startup provides products including laptop bags, backpacks, and handbags. The company plans to use these fresh proceeds to scale its operations, enhance its platform, improve its manufacturing capability, and develop its market presence.

The new round will happen after 18 months for the company offering cruelty-free products. The source close to the development told entrackr, that Aavishkaar Capital has already signed a deal with issue term sheets and has completed the due diligence, The company will invest in the new funding round along with existing investor Stellaris Venture. Aavishkaar Capital has already invested in Agrostar, GoDesi, Milk Mantra, Altum Credo, and Ergos.

This online bags and shoes brand provides various products including travel pouches, backpacks, and footwear. The company also offers waterproof bags designed for critical weather conditions. The startup aims to use this investment and expand its brand presence.

The company claims to provide handmade products with 100 percent vegan leather manufactured and sourced in India. Zouk majorly provides deals in laptops, chain wallets, and tote handbags. The startup raised 4.5 million USD across multiple funding rounds since its inception, including $1.5 million secured from Stellaris during the pre-series A funding round.

The startup also raised $3 million from Stellaris Ventures, Sharrp Ventures, and others during its series A funding round in 2023. The company intends to strengthen its quick-commerce presence and increase its product capability. The startup data intelligence platform, thekredible mentioned the valuation of Zouk to be around 7 million USD during its last funding round.

The Mumbai-based startup reported a revenue of Rs 47.41 crore in FY23. However, the losses increased to Rs 10.55 crore in the same duration. The startup data intelligence platform, thekredible mentioned that the existing investor Stellaris Ventures remains the largest external stakeholder of the firm with a 19.63 percent stake while the founders Krishnakuma and Sigh account for 31 percent of the company’s share after the last funding round. Zouk is predicted to reach a valuation of Rs 400 crore after the new funding round. The fashion brand faces competition from companies like Maisha Lifestyle, Pabiben, and Strutt.

Conclusion :

Internet-first D2C fashion startup, Zouk to raise 10 million USD million in its new funding round from the Aavishkaar Capital. The startup plans to use this fresh capital to scale its operations, improve its performing capability, and develop its market presence. The existing investor Stellaris Ventures is also expected to participate in this funding round along with other investors.

The company provides handmade products made of 100 percent vegan leather and fabrics such as silk, khadi, and jute. The development came just after the D2C sector saw increased investor interest. The company competes with other D2C companies offering handmade bags and fashion products including Strutt, and Maisha Lifestyle.

Scoopearth Team

Scoopearth team comprises a group of highly skilled professionals with expertise in their niche.  These  Team members have extensive experience in understanding and researching in topics such as startups, technology, artificial intelligence, trending business news, Listicles and  Case Studies . To maintain the highest quality standards, all articles are Manually  reviewed and verified by Niraj Kumar and Deepika Khare, ensuring accuracy, authenticity, and reliability.

Note: You can reach us at support@scoopearth.com with any further queries.

Linkedin Page : https://www.linkedin.com/company/scoopearth-com/

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Entrackr mentioned in its report that the firm also earned Rs 21 crore through interest and gain on financial assets. This fashion company offers various products from casual wear to footwear. The firm has developed a strong market presence with cricketer Virat Kohli’s influence. The firm earns revenue through convenience fees raised from deliveries, designing, and selling the products. The financial sources provide Rs 21 crore and make the total income to cross Rs 264.8 crore in FY24. in the Q1 FY25. The company previously secured has raised around $90 million across all its equity and debt funding rounds since its inception. This includes the amount raised from Flipkart during its series F funding round. 

Wrogn offers an online shopping platform with the best shopping experience. The legal, business sourcing, marketing, hosting, and other expenses decreased for this fiscal year. However, 53.6 percent of the total expenditure goes to the cost of materials. The total expenditure of the firm increased by 24.7 percent to Rs 305.56 crore in FY24. Meanwhile, the employee benefits saw a 7.5 percent decrease to Rs 32.36 crore in the same duration. The employee cost also includes the expanded ESOP worth Rs 1.96 crore. The company faces competition from other men’s wear and accessories providers such as TCNS clothing, Flipkart, Snapdeal, and Monrow.

The fashion brand saw a 63 percent increase in the operating cash outflows to Rs 5.23 crore in FY24. The firm plans to improve its business model while offering innovative solutions, and solidify its position well in the global market. The company plans to control its losses by reducing its operating expenses and employee benefits. The EBITDA margin also increased to -6.04 percent while the ROCE stood at -72.07 percent. The data intelligence platform, thekredible mentioned that the D2C fashion sector is expected to reach $43.2 billion by 2025. 

Conclusion :

The D2C fashion startup WROGN announced a 29.2 percent decrease in its revenue to Rs 243.75 crore in FY24. Entrackr reported. This fashion brand offers an online marketplace for men’s clothing and accessories. The sale of these products and interest and gain on financial assets are the major sources of the company’s revenue. The company also posted a 28.2 percent increase in net loss for FY24. The total expenditure of the firm decreased by 24.7 percent and crossed Rs 305.56 crore in the same duration. Thekredible mentioned that the D2C fashion market is expected to grow and cross the 43.2 billion USD mark by next year. Worgn competes with TCNS Clothing, Snapdeal, and others.

Scoopearth Team

Scoopearth team comprises a group of highly skilled professionals with expertise in their niche.  These  Team members have extensive experience in understanding and researching in topics such as startups, technology, artificial intelligence, trending business news, Listicles and  Case Studies . To maintain the highest quality standards, all articles are Manually  reviewed and verified by Niraj Kumar and Deepika Khare, ensuring accuracy, authenticity, and reliability.

Note: You can reach us at support@scoopearth.com with any further queries.

Linkedin Page : https://www.linkedin.com/company/scoopearth-com/

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Funding Details and IPO

On 29 th Aug 2024, Baazar Style Retail informed that it had finalized Rs 250 crore from anchor investors one day before its IPO was opened to the masses. The company allocated 64.29 lakh equity shares to 28 funds at Rs 389 each thus taking the overall deal size to Rs 250.1 crore. Top investors that participated in raising this amount of funds include HSBC Global Investment Funds, HDFC Mutual Fund, Allianz Global Investors Fund, and Bajaj Allianz Life Insurance Company.

The IPO, which is set for August 30 and ends on Sep 3, 2024, is a mix of a fundraiser of Rs 148 crore through the issue of fresh equity, OFS up to 1.76 crore shares, priced at the upper end of the B band at Rs 687 crore. The price has also been fixed at a price band of Rs 370-389 for the portion offered through the IPO.

The majority of the amount generated from the fresh issue shall be directed towards repaying debts and for this, approximately Rs 146 crore. The rest of the money will be directed toward other uses for the company’s business and operations. It is believed that this rational distribution of the funds will improve the company’s financial situation and help in its growth.

Market Position 

Baazar Style Retail Private Limited is one of the emerging companies in the value retail segment, especially in West Bengal and Odisha. The company also has a considerable market in other focus states of India such as Assam, Bihar, Jharkhand, Andhra Pradesh, Tripura, Uttar Pradesh, and Chhattisgarh. The current consolidated revenue from operations of the selected mining and metals firms is Rs 972.88 crore and a profit after tax of Rs 21.94 crore in FY24, the Baazar Style Retail has depicted continuous growth and profitability from the initial years of its establishment.

Strategic Investment

High-profile individuals investing in the company substantiate the confidence investors place in Baazar Style Retailz’s business model as well as growth prospects. Some of the investors who are exiting through the OFS include Rekha Jhunjhunwala, Intensive Softshare Pvt Ltd, and Intensive Finance Pvt Ltd. It is also not only a good move in that it offers liquidity to current investors but also aids in the introduction of new capital for existing business endeavors.

Earlier this month, new generation men’s wear retail store, Baazar Style Retail floated Rs 37 crore from Volrado Ventures Partners Fund II through pre-IPO placement. This increased access to capital has also helped the company to further strengthen is balance sheet, which has helped itfloat the amount it needs from the fresh issue and pursue optimal capital investments. 

Conclusion

The fundraising by Baazar Style Retail from anchor investors before its IPO is a major development in the corporate journey of the firm. The capability of mobilizing Rs 250 crore from eminent investors establishes enormous confidence in the business model in addition to growth potential. 

Scoopearth Team

Scoopearth team comprises a group of highly skilled professionals with expertise in their niche.  These  Team members have extensive experience in understanding and researching in topics such as startups, technology, artificial intelligence, trending business news, Listicles and  Case Studies . To maintain the highest quality standards, all articles are Manually  reviewed and verified by Niraj Kumar and Deepika Khare, ensuring accuracy, authenticity, and reliability.

Note: You can reach us at support@scoopearth.com with any further queries.

Linkedin Page : https://www.linkedin.com/company/scoopearth-com/

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In today’s cutting-edge global shoe, enterprises are booming, mainly in style enterprises. When it got here to girl’s shoes, it had a wide variety of alternatives, from easy slippers to Wellington boots. Most- shoe manufacturers make cash with the aid of making a maximum of the income in girl’s shoes due to extensive alternatives and designs.

Every shoe manufacturer has many special forms of shoes with many subunits for footwear they’ve, such as ballet footwear, brothel creepers, courtroom docket footwear, galoshes, kitten heels, lace-up footwear, Loafers, etc. There are many massive shoe manufacturers who produce billions of greenbacks each year and make tens of thousands and thousands of dollars in income. In the U.S., the once-a-year shoe sales were $ forty-eight billion bucks in 2012.

List of Top 10 Ladies Footwear Brands In India:

Metro

Metro is a multi-logo foot put on the logo in India centered in Mumbai. It became based in 1947 with the aid of Malik Tejani. Metro is one of the exceptional women’s shoe manufacturers in India. In 1947 the logo opened its doorways to the general public in the streets of Mumbai.

Today, Metro has more than one hundred sixty places throughout India. Metro has its personal internet site in which human beings can save from consolation in their home. For women, Metro has an entire women’s series with a natural laugh and a variety of patterns and designs that you’ll come across. They have types of flats, heels, wedges, ballerinas, and different elegant shoes.

They additionally have casual & recreational footwear that you’ll pick from in step with the outings and traveling.

Khadims

Khadims India Limited is an Indian shoe enterprise primarily based totally in Kolkata. It is concerned with the manufacture and retail of shoes, merchandise, and accessories, normally in jap and southern elements of India. Khadim became included in 1981 with the aid of Satya Prasad Roy Burman. In 1993 it opened its first retail shop in Kolkata.

The enterprise increased its operations in east and northeast India earlier than starting its first shop in south India in 2000. From 2017, the enterprise had 853 retail stores and ranked 2nd in the shoe group list, with the aid of a wide variety of shop locations in India. It has production places in Kolkata and Kanpur. It has added its personal internet site for the shoes and bag series.

Khadim has a huge variety of shoe patterns, whether they are footwear or heels. It gives a wide variety of girls’ series, which might be pretty elegant and contemporary, and affords the simplest manner in which you’ll pick their personal style.

Bata is a Czech multinational shoe brand. It is an own circle of relatively owned commercial enterprises prepared into three commercial enterprise units: Bata, Bata Industrials (protection footwear), and AW Lab (sports activities style). The corporation is the world’s main shoemaker via way of means of volume, and it has a retail presence of over 5, three hundred stores in extra than 70 nations and manufacturing centers in 18 nations.

Today’s Bata has the largest presence in the shoe enterprise with exceptionally nice and comfortable shoes. It has an extensive series of women’s shoes that are fashionable today and with specific patterns and designs. The commercial enterprise of Bata in India is in South Asia, with nearby workplaces primarily based in New Delhi. Today, Bata is the most important shoe corporation in India in terms of income and revenues. It instructs around 35 percent of the marketplace proportion in India.

The corporation designs footwear that might be appropriate for the Indian toes and weather conditions; that’s what makes them popular. It turned into this manufacturing facility where the iconic tennis footwear had been first designed and manufactured.

CATWALK

Catwalk is a main shoe store and producer based in 1990. It is a privately owned employer that is concerned with the design, development, manufacturing, and customization of shoes for women. Catwalk conducts its operations below the direct enterprise version and retails its merchandise below the Catwalk and Valencia (price logo) manufacturers.

The employer installed its first Catwalk keep in Mumbai at Kemps Corner, a famous style area. Ever on account of its inception, Catwalk has in no way been only a shoe logo. With its particular experience of style, luxurious designs, dynamic styling, and holistic information of what a girl needs, it has become one of the best ladies’ footwear brands in India.

Catwalk has continually been synonymous with excessive style. A top-rate logo with an experience of boldness and provocation, Catwalk resonates with celebrities and the style world. Offering fine style help to its unswerving clients is each retail logo’s dream. Catwalk has been understanding this dream constantly and growing its clients all throughout India.

REGAL

Regal is another ladies’ footwear brand in India. It began out in Mumbai, and shortly, it got here to be acknowledged because it was the shoe vacation spot for quality, fee, and impeccable fashion. His dream flourished as his own circle of relatives of marketers labored difficultly. He went on to place Regal because the primary shoes were kept in Mumbai. The employer gives satisfactory pairs of conventional shoes for girls at each event and fashion inside the house.

LIBERTY

Since being Established in 1954, to date, Liberty has turned out to be the pinnacle 10-shoe producer in India. The organization currently produces 50,000 pairs of shoes an afternoon via its six production units, bought via 6,000 multi-logo retailers and 350 distinctive showrooms, and has a presence in 25 countries, with 50 showrooms outdoors in India.

Liberty shoes maintain up with the trend. It has collections that can be pretty fashionable, luxurious, and snug for each occasion. Liberty has to turned out to be one of the first alternatives for many Females in relation to shoes. In the latest list, Liberty has popped out to pinnacle 10 girls’ shoe manufacturers in India.

NIKE

Nike is an American multinational business enterprise this is engaged withinside the design, development, manufacturing, and international advertising and income of shoes, clothing, equipment, accessories, and services. The organization is centered close to Beaverton, Oregon, withinside the Portland metropolitan area. It is the world’s biggest provider of athletic footwear and clothing and a primary producer of sports activities equipment, with sales an extra of US$37.four billion.

The organization was founded in India in view that 1996 and presently operates via a community of neighborhood vendors and retail partners.

Nike has grown to be famous because of its revolutionary technology, excessive first-class/elegant products, pleasure and birthday party of sports activities, most performance, self-empowerment and inspiring, domestically and domestically involved, and globally responsible. Nike is famous amongst Young ladies and female athletes due to its first-rate first-class comfortable, elegant, and elegant sports activities put on footwear.

In India its miles are acknowledged to be expected to be close to $1 billion, 75% of that’s managed with the aid of using Reebok and Adidas. Nike’s marketplace proportion is in the direction of 15% to 20%, which means that India’s money owed for the most effective 1% of Nike’s overall income.

PARAGON

Within the year 1975, with a manufacturing capability of 1500 pairs in a day, Paragon made its humble access into its domestic marketplace in Kerala. In the yr 1982, after gaining a reputation, Paragon started its passage into different Indian states. Now the employer has a distribution community of over 17 depots throughout India. Retail stores are serviced through more than 500+ distributors, handing over shares to each nook of the United States of America within the shortest feasible time.

Today, Paragon’s overall manufacturing capability (in-residence) is 400,000 pairs a day. Apart from in-residence manufacturing, the employer reasserts shoe manufacturing in Calicut, Delhi, and other places. Paragon has emerged as a Legendary Footwear Brand in India.

They are generating advertising and exclusive marketing forms for Model Chapels, sandals, and footwear. The high-satisfactory of the product is above splendid, and Most footwear is weightless, so it is very consolation to use. Every pair of shoes holds a unique location in a lady’s shoe case as they’ve their precise nuances of favor and utility.

Be it for a regular runabout or a unique social gathering, selecting the proper pair of shoes is an essential component for finishing and complementing your look. From slippers to formal footwear, you’ll discover each type of women’s shoes at their online store.

Paragon may be the last online vacation spot for women’s sandals and footwear. Be it shopping for a couple of flip-flops for one’s wet days and informal outings or fashionable sandals for a unique occasion, their range of women’s shoes is certain to satisfy anyone’s shoe needs.

INC 5

INC 5 is another ladies’ footwear brand in India. Inc. 5  has fifty-four exceptional shops throughout India in addition to three hundred point-of-sale. The logo targets to offer girls elegant and cushy shoes. It stands with the imaginative and prescient that The proper pair of shoes, especially heels, assist bolster a woman’s confidence; however, locating the candy spot among fashion and luxury is mostly a tall order.

It gives fine, elegant, and relaxed heels with specific patterns for each activity and gathering. Today it has turned out to be a family call and famous shoe manufacturers in India.

MOCHI

Since its commencement in 2000 in Bengaluru, India, mochi has been a frontal- runner withinside the countrywide style area unfolding over one hundred fifty stores in 50 metropolises.

With sturdy attention to style and style, Mochi caters to the youngish smart Indian conducting them to their ever-converting style requirements. Its shoes, heels, and different shoes are made of truly excellent raw accouterments. It offers a big and excellent series for women for each event that is fashion dressmaker and comfortable.

Top 10 best ladies footwear brands in India with their Websites

Conclusion

As for the final say, these are one of the top 10 best ladies’ footwear brands in India with the best quality. All these footwear brands are the oldest and proven to be best in keeping up with the trends and providing footwear that boosts female confidence making it a designer and stylish.

Scoopearth Team

Scoopearth team comprises a group of highly skilled professionals with expertise in their niche.  These  Team members have extensive experience in understanding and researching in topics such as startups, technology, artificial intelligence, trending business news, Listicles and  Case Studies . To maintain the highest quality standards, all articles are Manually  reviewed and verified by Niraj Kumar and Deepika Khare, ensuring accuracy, authenticity, and reliability.

Note: You can reach us at support@scoopearth.com with any further queries.

Linkedin Page : https://www.linkedin.com/company/scoopearth-com/

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