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Fashion jewellery brand Kushal’s raise ₹284 crores in funding round led by Lighthouse

Feb 28, 2024over 1 year ago

Amount Raised

₹284 Million

Round Type

seed

BengaluruLifestyleRetailE CommerceFashion

Investors

India Sme InvestmentsLighthouse India Fund Iv Aif

Description

Kushal’s Fashion Jewellery has raised ₹284 crore in a funding round led by Lighthouse India Fund IV AIF. The investment includes a secondary buyout, allowing a partial exit for the first institutional investor, India SME Investments. The funding will facilitate investments in brand building, technology, people, and retail expansion.

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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