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Lighthouse invests Rs 284 crore in jewellery brand Kushal’s

Feb 28, 2024•over 1 year ago

Amount Raised

$34 Million

BengaluruLifestyleRetailE CommerceFashion

Investors

India Sme InvestmentsLighthouse

Description

Lighthouse, a private equity firm, has invested Rs 284 crore (around $34 million) in the fashion and silver jewelry brand Kushal’s. The investment round also includes a secondary buyout, allowing a partial exit for Kushal’s first institutional investor, India SME Investments. The funds will be used for building the brand, expanding its retail footprint, and investing in technology to enhance its digital presence.

Company Information

Company

Kushal's

Location

Bengaluru, Karnataka, India

About

Kushal’s is a fashion and silver jewellery brand offering a diverse range of products for weddings, festivals, occasions, and everyday wear. Founded in 2006 by the Gulechha family, it operates through 75+ stores across 25+ cities in India and online channels.

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