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E Commerce

EUME Bags INR 25 Cr In Series A Funding


SUMMARY

EUME has raised the funding in its Series A round led by ace investor Ashish Kacholia

The Mumbai-based startup will deploy funds to boost its offline presence by opening retail stores in Mumbai, Hyderabad and Bengaluru

According to Tofler, the startup’s operating revenue grew 34.56% to INR 19.23 Cr in FY24 from INR 14.29 Cr in the year ago period. However, the startup’s net loss for the period under review sharply increased 154% YoY to INR 2.04 Cr

Mumbai-based luggage D2C brand EUME has raised INR 25 Cr ($2.92…



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