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House of Rare raised $6 million in a funding round led by A91 Partners to support expansion and working capital requirements.

Feb 17, 20256 months ago

Amount Raised

$6 Million

BengaluruLifestyleRetailFashionE Commerce

Investors

A91 Partners

Description

New-age fashion brand House of Rare (Rare Rabbit) has secured Rs 50 crore (approximately $6 million) from its existing investor, A91 Partners. This funding comes shortly after a previous round and will be used for expansion and working capital needs.

Company Information

Company

Rare Rabbit

Location

Bengaluru, Karnataka, India

About

The House of Rare is a Fashion Power House. We design, manufacture and retail men's and women’s apparel under the Brand Names: Rare Rabbit and Rareism. We thrive on creating exuberant, thoughtful, and a variety of product offerings in the Indian Retail Fashion Space. With a workforce of around 1000 direct employees, 1 production plant , 80+ stores and counting pan India, we invent fashion solutions for those who are raring to move ahead of the curve. Our clothes are an extension of you and we strive to celebrate the uniqueness of every wearer. This is our ultimate ambition. The team at The House of Rare have shared the same spirit of passion, handwork and creativity, reaffirming their calibre every day. With us, every step of your career is an adventure, filled with challenges, ambition, desire and excitement.

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Funding Insights

Based on industry data
VC-backed spending patterns
VC-backed companies spend 89% more on sales and 100% more on marketing than bootstrapped peers