High Street Essentials raises ₹50 crore ($6.6m) for Indya expansion, led by JSW Foundation, to grow "Weddings By Indya" range and open 10 new stores.
High Street Essentials, parent company of women's fashion brands Indya and FabAlley, raised ₹50 crore ($6.6m) in equity and debt funding led by Sangita Jindal of JSW Foundation. The funds will be used to expand Indya's premium occasion wear range, "Weddings By Indya", and grow the brand's presence in the $15bn wedding wear market. Indya, known for strategic collaborations with Indian designers, plans to open 10 new wedding stores in this financial year.
May 27, 2024
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