Indian denim label plans expansion

04/12/2024
Indian denim label plans expansion
Indian casual menswear brand Stylox has closed its first funding round, raising 20 million rupees (or some €225,000) from Real Time Angel Fund and Avid Capital Services.

The retailer operates 40 stores in the country and is looking to expand its network through franchise stores.

“This funding is not just a financial boost; it’s a validation of our vision and the trust we’ve earned in the market. We’re excited to leverage this opportunity to enhance our franchise network and continue delivering premium products at value-driven prices,” commented Stylox founder Vishal Mehra.

Image: Stylox website