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Nikhil Kamath set to invest in Rare Rabbit fashion startup: Report
short by / on Tuesday, 21 May, 2024
Rare Rabbit, a Bengaluru-based fashion brand, is all set to secure its first funding round, raising ₹500 crore. Investors include Nikhil Kamath and Ravi Modi with ₹150 crore, and A91 Partners with ₹350 crore. Founded in 2015 by Akshika and Manish Poddar, the brand is valued at ₹2,200 crore, operates 135 stores, and reported ₹600 crore in revenue for FY24.
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