×
314
Fashion Jobs
RJCUBE STAFFING SOLUTIONS
Production Manager - Upholstery (Leather & Fabrics) For Greater Noida
Permanent · Greater Noida
RJCUBE STAFFING SOLUTIONS
qa/qc- Garments-Woven/Knits For Garments Buying House, Noida
Permanent · Noida
NIKE
Information Security Risk Analyst (Grc) – Cis
Permanent · Bengaluru
RJCUBE STAFFING SOLUTIONS
qa/qc- Garments (Jersey, Etc) For Garments Buying House, Noida
Permanent · Noida
ZEN TECHNO ENGINEERING PVT LTD.
Production Manager
Permanent · Pune
ADIDAS
Manager Buying & Planning Operations
Permanent · GURUGRAM
ADIDAS
Product Owner Data Foundations
Permanent · GURUGRAM
ADIDAS
Senior Product Owner
Permanent · GURUGRAM
ADIDAS
Product Owner
Permanent · GURUGRAM
CROCS
Associate Demand Planner
Permanent ·
CROCS
HR Manager
Permanent ·
BRIDGING TALENTS
Quality Control Manager ii Retail Fashion Brand ii Jaipur / Bangalore
Permanent · Bengaluru
ALLEGIS GROUP
Opening For Sales Manager - Chennai & Kolkata
Permanent · Chennai
IDFC FIRST BANK
Opening For Area Sales Manager - Corporate Salary Mumbai
Permanent · Mumbai
TAKSHAKA INTERIORS
Req. Production Manager/Executive -Wood Furniture
Permanent · Gurugram
TATA AUTOCOMP
Opening For Production Head at Chinchwad Plant
Permanent · Pune
SKYNET OUTSOURCING SERVICES
Production Manager Api Industries-Bharuch,Ankelshwar Location
Permanent · Bharuch
THE BANYAN HR CONSULTS
Regional Sales Manager For Women's Wear Garments CO For Delhi & Ncr
Permanent · National Capital Region
PEOPLE ALLIANCE WORKFORCE
Quality Manager / Quality Head - Garments Manufacturing Company
Permanent · National Capital Region
NIKE
Senior Technical Product Manager, ed&a – Tpmo
Permanent · Bengaluru
RANDSTAD
Area Sales Manager
Permanent · Gurugram
3F INDUSTRIES
Technologist/Production Manager For Our Amino Acid Plant
Permanent · Chennai
Published
Jan 14, 2021
Share
Download
Download the article
Print
Click here to print
Text size
aA+ aA-

Bewakoof plans to raise Rs 100 crore to fuel expansion, diversify portfolio

Published
Jan 14, 2021

Online apparel retailer Bewakoof is looking to raise funds of around Rs 100 crore ($13.6 million) to expand its presence and diversify its product portfolio.
 

Bewakoof plans to raise Rs 100 crore to fuel expansion, diversify portfolio - Bewakoof


The company will be making investments in technology and new products in segments like ethnic wear, streetwear, and branding.

On the back of its expansion coupled with diversification of the portfolio, Bewakoof is expecting a revival of sales and aims to clock around Rs 150 crore in sales for the current financial year.

“The company is eyeing close to a turnover of Rs 140-150 crore, a decrease of 30-33 percent over last fiscal’s Rs 210 crore. Nearly four months of business loss, due to the lockdown due to Covid-19 pandemic and other local restrictions, is difficult to recover,” Prabhkiran Singh, co-founder of Bewakoof, told Businessline.
 
“This time, the plan is to raise Rs100 crore and discussions are about to begin post end of FY21. Apart from tech, we are ramping up on operations and the offerings portfolio as our long-term expansion plan,” he added.
 
Bewakoof has already seen funding of Rs 80 crore from Bahrain’s alternative asset manager, Investcorp, Snapdeal founders (Kunal Bahl and Rohit Bansal), and Sixth Sense Ventures (Nikhil Vora).

The company expects normalcy to return and to be profitable going forward, on the back of booming e-commerce sales in the country post the Covid-19 disruptions.

Copyright © 2023 FashionNetwork.com All rights reserved.