Gokuldas Intimatewear Pvt Ltd, owner of the Enamor brand, has secured Rs. 20 crore ($3.5 million) in funding from India Alternatives Investment Advisors to support its growth in the burgeoning Indian lingerie market.
Information on the Target
Gokuldas Intimatewear Pvt Ltd, a prominent lingerie manufacturer in India, operates under the brand name Enamor. The company is renowned for its commitment to quality and innovation in women's lingerie, catering to a diverse clientele with various product lines. Enamor has established itself as a trusted name in the market, focusing on comfort and style, which have contributed to its sustained growth and popularity.
With a focus on meeting the evolving needs of consumers, Gokuldas Intimatewear has prioritized research and development, resulting in a rich portfolio of products. The recent funding of Rs. 20 crore ($3.5 million) from India Alternatives Investment Advisors will support the company’s expansion plans and further solidify its position in a competitive market.
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Industry Overview in India
The lingerie market in India has witnessed significant transformation over the past decade, driven bychanging consumer preferences, increased awareness about intimate wear, and a shift towards online shopping. This segment has seen a surge in d
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India Alternatives Investment Advisors
invested in
Gokaldas Intimatewear Pvt Ltd (Enamor)
in 2023
in a Growth Equity & Expansion Capital deal
Disclosed details
Transaction Size: $4M