LetsDressUp (LDU), India’s version of the Stitch Fix platform, has raised a $300,000 pre-series A round of funding from Titan Capital and other marquee groups of investors, the company said in a statement.
The funding saw participation from Sequoia Capital, Lykke Capital, Hauz Khas Ventures, and Sweta Rau (a serial investor across multiple startups).
Existing investors including Kaushika Madhavan (managing partner and country head, Kearney India), Abhishek Malhotra (senior partner, Mckinsey & Co), Anshuman Maheshwary (COO, IIFL Wealth & Asset Management), Saurabh Singh (senior partner, Kearney India), and Gautam Midha (VP, Blackwatch), also participated in the round.
The startup will use the funds to refine the tech product, build the leadership team, and significantly scale up the business.
Founded by Aditya and Drishti, LDU is a D2C brand empowered by technology. For the users, LDU provides a platform where they can get outfits of their size and their style with the click of a button.
