SynopsisComet has raised Rs 100 crore in a Series B round led by Verlinvest, with existing investors Elevation Capital and Nexus Venture Partners also increasing their stakes. The homegrown sneaker brand plans to use the funds to expand its retail footprint, develop new products and strengthen technology as it targets 20 stores by FY27.Homegrown sneaker brand Comet has raised Rs 100 crore in a series B round led by the global firm Verlinvest. Existing investors Elevation Capital and Nexus Venture Partners also increased their stake in the startup, alongside angel investors including Urban Company cofounder and CEO Abhiraj Singh Bhal, Snap Inc's global chief business officer Ajit Mohan, and Anand Ahuja of Bhaane and VegNonVeg.Founded in 2023 by Utkarsh Gupta and DishantNow Playing
Sneaker brand Comet raises Rs 100 crore led by Verlinvest - The Economic Times
Comet has raised Rs 100 crore in a Series B round led by Verlinvest, with existing investors Elevation Capital and Nexus Venture Partners also increasing their stakes. The homegrown sneaker brand plans to use the funds to expand its retail footprint, develop new products and strengthen technology as it targets 20 stores by FY27.
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