Company Name : KAARYAH
Funding Amount : Undisclosed
Investor(s) Mohandas Pai The Saha Fund. .
Funding Round : Pre-Series A
KAARYAH has raised Pre-Series A round of funding from TV Mohandas Pai and The Saha Fund.
Launched in 2014, KAARYAH is a technology enabled, consumer data analytics driven apparel brand. The company plans to use the funds for recruitment, digitization and automation, raw material sourcing, marketing and building a formidable women’s brand.
“We are thrilled to have the backing of Mr. Pai and The Saha Fund. The fact that business leaders of the stature of Mr. Ratan Tata and now Mr. Pai have invested in us is a huge validation of our Entrepreneurial effort and our business potential. Women with busy lifestyles look for a good fit and the latest fashion but not at the cost of comfort. We will deploy the funds to scale our operations and reach out to as many women as possible,” said Nidhi Agarwal, CEO & Founder, KAARYAH.
The company claims to serve 3500 orders monthly and also sells across marketplaces like Myntra, Jabong, Flipkart, PayTM, Snapdeal, LimeRoad apart from its own portal.
Earlier this year, KAARYAH secured funding from Ratan Tata.