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.
Delhi based Yogya Enterprises is planning to raise R1.5 Cr by issuing 1 Mn equity shares at R15. The company plans to list itself on the SME platform.