Technology-based premium workwear brand FableStreet has raised Rs 21 crore in a Series A funding round led by FireSide Ventures along with Pradeep Parameswaran, Dilip Khandelwal, and Suhail Sameer also participated. The company is planning to utilize the fresh capital for market expansion, including offline presence.
The four-year-old startup is a product-oriented, R&D backed brand that provides tailored-fit western professional wear for women. Previously, the company had secured its undisclosed seed funding round from angel investors in 2017. (Source-PR)