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Art of Time, India’s leading omnichannel luxury watch retailer, has raised Rs 175 crore in a fresh funding round from CaratLane founder Mithun Sacheti, Jaipur Gems CEO Siddhartha Sacheti, Freshworks founder Girish Mathrubootham, and Plutus Wealth Management.
The round includes 70% primary and 30% secondary sale, bringing the company’s total funding to Rs 200 crore since inception.
The funds will be used to expand retail presence, add new product categories, invest in technology and inventory, and strengthen its team. Currently, 85% of sales come…
