LetsDressUp has raised Rs 11 crore ($1.3 million) in a Pre-Series A funding round to advance its expansive women's fashion line and enhance AI-driven design capabilities.
Information on the Target
LetsDressUp (LDU), a women's-focused direct-to-consumer (D2C) fashion startup, has successfully secured Rs 11 crore (approximately $1.3 million) in a Pre-Series A funding round. Founded in 2019 by Drishti Anand and Aditya B., the company aims to transform the women’s fashion landscape by offering an extensive range of sizes from XS to 8XL, alongside a zero waste inventory model.
This innovative approach not only addresses the diverse needs of women shoppers but also promotes sustainability within the fashion industry. With the additional funding, LetsDressUp plans to increase production capacity, enhance its AI design technology stack, and expand its workforce significantly.
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Industry Overview in India
The Indian fashion industry has experienced significant growth in recent years, driven by an increase in consumer spending and shifting preferences towards online shopping. In
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GVFL Limited, Indian Angel Network, The Chennai Angels, Titan Capital
invested in
LetsDressUp
in 2023
in a Pre-Seed Stage deal
Disclosed details
Transaction Size: $1M