Let’s Dress Up raises $300K in pre-Series A from Titan Capital, others
Let’s Dress Up (LDU) has raised $300,000 (Rs 2 crore) in a pre-Series A round from Titan Capital and other marquee investors like Sequoia Capital, Lykke Capital, Hauz Khas Ventures, and serial investor Sweta Rau.
Existing investors, including Kaushika Madhavan, Abhishek Malhotra, Anshuman Maheshwary, Saurabh Singh, and Gautam Midha also participated in the funding round.
LDU said that it will utilise the funds to strengthen its leadership team, technology, and expansion of its business in the country.
Commenting on the funding, Aditya Balani, co-founder at LDU, in a statement said: “We are looking forward to strengthening our team and building and redefining our tech product to satisfy our customers' needs. The journey ahead looks much exciting as we are a step closer to our vision to create India's Stitch Fix.”
Bipin Shah partner at Titan Capital added: “LDU has set a mission for themselves to provide personalised clothing by leveraging technology to meet the needs of its customers. They aspire to give India its version of Stitch Fix. We are extremely excited to have partnered with LDU and are looking forward to the journey ahead.”
LDU was founded by husband-wife duo Aditya Balani and Drishti Anand. It provides a platform to customers where they can get outfits of their size and style at the click of a button.
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