Fashion brand Rare Rabbit eyes funding at $300-mn valuation

Radhamani Textiles, the owner of menswear range Rare Rabbit and other apparel brands, is working with investors to finalise funding at a valuation of $300-320 million, sources tell online publication The Arc. A91 Partners, a venture-capital fund, may lead the round. A91 already backs consumer brands like Atomberg and Sugar Cosmetics. Rare Rabbit operates at least 100 outlets.