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Business · Updated 19 Oct, 06:00 am IST

The Pant Project raises ₹109 crore Series B to expand stores and range

Image: Inc42

Why it matters for readers: Explains that the company plans rapid offline growth and is broadening its clothing range.

  • The Pant Project raised ₹109 crore in a Series B round led by Mirae Asset Venture Investments (India).1
  • Existing investor Sorin Investments and family offices and angels including Anisha Saraf, B&K Securities, MGA Ventures and B2V Ventures participated in the round.1
  • The startup plans to expand its exclusive store network from 25 to 150 over the next two to three years.1
  • Fresh capital will be used to broaden the menswear portfolio with focus on jeans, athleisure and casualwear.1
  • The Pant Project also secured venture debt from Alteria Capital for an undisclosed amount.1
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