Dressfolk, a handloom clothing brand, has raised an undisclosed amount in a new funding round led by Eternal Capital. The round also included contributions from D2C entrepreneurs Ghazal Alagh (Mamaearth) and Dhruv Koli (Boba Bhai), along with Nobody Ventures and Eagle Wings Ventures.
Existing investors All In Capital, Sidhant Keshwani (Libas), and Vidur Kataria (Master Chow) also participated, alongside 3 Peaks Ventures.
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The funds will support Dressfolk’s plans to expand beyond sarees and develop a wider range of contemporary Indian wear. This follows its Rs 3.3 crore seed round in October 2023, led by All-In Capital.
The brand has experienced nearly 200% growth in FY24, boasting an average order value (AOV) of over Rs 7,000. It currently collaborates with over 800 weavers and 120 artisans across six states.
About Dressfolk
Founded in 2017 by Nitin Mehrotra, Dressfolk is dedicated to sustainable fashion and empowering local artisans.
Since 2017, Dressfolk has been weaving a handmade story, driven by a mission to modernize India’s timeless weaves. While inspired by heritage, Dressfolk crafts for the future, blending tradition with modernity.
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