Mumbai-Based Startup “Bombay Shirt” raises 6.6 crores in bridge round.
Investors showing more interest in small businesses these days
Startups have really caught the attention of almost everyone in Biz space, and nowadays investors are more interested in investing their capital in Startups rather than investing in big enterprises or MNC’s. Startups and small business companies are raising in millions, and even investors believe in potential profit by funding them.
Who invested in Shirt Company?
Recently Patni Group and another undisclosed investor came forward and decided to invest in Bombay Shirt Company. The capital will be deployed to expand to other cities – Bengaluru, Delhi, Kolkata, and Chennai – as well as key hires in the technology space,” said founder Akshay Narvekar.
After receiving this massive funding from its investors, Bombay Shirt Company has also Ankit Vora as vice president of finance and business development. Ankit Vora used to work with Parallel49 Equity in the US.
All you need to know about the Bombay Shirt Company
Bombay Shirt Company is a Mumbai-Based Startup lead by Akshay Narvekar. An alumnus of ISB hyderabd, He has earlier worked with BCBG Max Azria and Everstone Capital Private Equity
Bombay Shirt Company provides sleek design, or the customer can choose to start from scratch and make their own design. The company displays hand hand-picked range of fabrics and colors for both men and women so that they can select according to their needs. Bombay Shirt Company has two stores in Mumbai. Company’s plan includes hiring new employees and to expand their stores in other cities like Bangalore, Chennai, Delhi, and Kolkata.
- Bombay Startup Company is a shirt company founded in 2014 by Akshay Narvekar and fellow mate from Indian School of Business, Hyderabad.
- Bombay Shirt Company has a hand-picked range of fabrics and colors with sleek design and customers are allowed to make their own shirts.
- Patni Group along with an undisclosed company invests 6.6 crores in Bombay Shirt Company.