Online kidswear brand – Unamia has secured seed funds of $1.2 Mn from Blume Ventures and Angel Prime.
This May, it raised angel funds from Angel Prime.
Unamia, founded by Jyotsna Pattabiraman, Debasis Chakraborty and Mihir Mohan, is a platform that aims to make world-class kidswear accessible to parents across India.
The company targets the R38,000 Cr kidswear market by creating a world-class range of kidswear and building deep engagement with customers. Demand for kidswear is growing by 20% year over year.
Promoters of Vijai Electricals along with minority stakeholder in the company, 3i are looking to exit the company.
Rajeswari Infrastructure is planning to raising $5 Mn in FDI for its new residential projects in Chennai - Trillium.