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Terractive raised ₹8 crore in a pre-Series A funding round co-led by Fireside Ventures and DeVC to enhance product innovation and accelerate fabric development.

Dec 05, 20248 months ago

Amount Raised

₹80 Million

Round Type

series a

MumbaiLifestyleRetailFashionE Commerce

Investors

De Vc (Matrix Partners)Fireside Ventures

Description

The Mumbai-based lifestyle activewear brand Terractive has successfully raised Rs 8 crore in a pre-Series A funding round. The funding will be utilized to enhance product innovation and accelerate fabric development.

Company Information

Company

Terractive

Location

Mumbai, Maharashtra, India

About

Terractive is a Mumbai-based lifestyle activewear brand co-founded in 2023 by Raena Ambani and Rahee Ambani-Choksi. The brand focuses on blending innovative fabric technology with unmatched comfort, offering signature fabrics like TerraSoft and CoolKnit. Terractive aims to be the preferred choice for premium everyday wear by providing versatile and high-quality lifestyle clothing. Their bestsellers include the TerraSoft Cuddle Tees and the 365 Men’s Shorts.

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Funding Insights

Based on industry data
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VC-backed companies spend 89% more on sales and 100% more on marketing than bootstrapped peers
Tech investment trends
83% of B2B companies plan digital investments, with 79% prioritizing customer experience tech