D2C Men’s Innerwear Brand Almo Raises $2 Million In Funding Led By Inflection Point Ventures
05/25/22, 11:32 AM
Location
mumbaiMoney raised
$2 million
Round Type
seed
Mumbai: Almo, a direct to consumer (D2C) brand selling men’s innerwear, has raised $2 million towards the pre-Series A funding round led by Inflection Point Ventures. The company will use the funds to bolster its branding and marketing efforts along with setting up its R&D lab, it said in a statement. Investors such as LetsVenture, AngelList India, and other angels also participated in the round.
Company Info
Location
mumbai, maharashtra, india
Additional Info
The company will use the funds to bolster its branding and marketing efforts along with setting up its R&D lab, it said in a statement. Almo plans to diversify into international markets this year through Amazon's Global Selling Propel Accelerator programme, the company said. “We have always followed a lean approach to scale with positive unit metrics...