Summary
* The round also saw participation from Escape Velocity, Abhishek Goyal (Co-founder, Tracxn), and IIM Indore Alumni Angel Fund
* Includ will use the funds to improve its supply chain, build in-house technology and create brand awareness
* The company claimed it crossed monthly sales of more than INR 2 Cr within a year of its launch
19 April, 2024
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Gurugram-based online kidswear startup Includ has raised $1.5 Mn (around INR 12.5 Cr) as a part of its seed funding round led by Incubate Fund Asia.
The round also saw participation from Escape Velocity, Abhishek Goyal (cofounder, Tracxn) and IIM Indore Alumni Angel Fund.
Includ will use the fresh funds to improve its supply chain, build in-house technology and create brand awareness. Besides, the proceeds will also be deployed for marketing and brand strategies.
Founded in 2023 by Ashwin Rastogi, Includ is a kidswear brand for children aged 0 to 14 years old which claims to offer comfortable and stylish clothing options.
The startup plans to double down its bet on technology to vertically integrate with its suppliers, build a robust and efficient supply chain and focus on developing its front-end platform and mobile application.
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