INR (₹)
KOSKII RAISES RS 61 CR IN SERIES A ROUND LED BY BARING PRIVATE EQUITY
About Koskii -
Women's occasion-wear brand Koskii will use the capital for expanding offline stores, enhancing the tech platform, and hire.
Koskii, the Bengaluru-based women’s occasion-wear brand, has raised Rs 61 crore in a Series A round of funding led by Baring Private Equity Partners India.
Founded in 2017 by brothers Umar Akhter, Sameen Eajaz, and Haroon Rashid, along with their sister Ayesha Saubia joining later, Koskii has emerged as a leading brand in the women’s occasion wear category.
The fresh capital will be utilized to expand offline stores, strengthen Koskii's online presence, invest in technology platforms, and hire talent.
Features -
- The clothing brand claims to have delivered orders to more than 10,000 pin codes across the country. Additionally, the brand is investing in opportunities for international expansion.
- With this investment, we will drive innovation in technology, expand our store network, enhance our online presence, and continue to build a team dedicated to establishing Koskii as a global brand for ethnic occasion wear for women
- The clothing brand, founded in 2017, offers a contemporary women’s range, including lehengas, sarees, salwar suits, gowns, and fusion ensembles, designed for various occasions.
- Investment Banking firm, Steer Advisors, acted as the sole transaction advisor to Koskii and also participated in this round of investment.
