Company Name : Rock N Shop
Funding Amount : Rs. 1cr
Investor(s) HNI . .
Funding Round : Angel
Rock N Shop, powered by Kitsch, a Luxury marketplace has raised funding worth Rs 1 crore from HNI investors.
The company will be allocating the raised capital towards enhancing its technology infrastructure, hiring talent and increasing the number of luxury labels on its platform.
Currently, Rock N Shop offers a curation of 62 iconic brands including names such as Victoria Beckham, Céline & Oscar de la Renta. With this round of funding, it targets taking this number to 200 over the next 12 months.
The company will be looking to raise more capital in this financial year to fuel further growth and ramp up operations. Its primary target market comprises luxury connoisseurs in the age bracket of 25 to 50, residing in tier 1 and 2 cities of the country.