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Informative

Fashion startup LetsDressUp secures ₹11 crore in pre-series A funding

Update / Judgement Date

01 Jul 2024

Source

CNBC TV18

Author

Team — WCP Legal Desk

Reading Time

1 min read

Start-Up & DPIIT

Let'sDressUp (LDU), a fashion-tech startup, raised approximately ₹11 crore in its Pre-Series A funding round with participation from GVFL Limited, Indian Angel Network (IAN), The Chennai Angels, and existing investor Titan Capital. The funds will be used to advance AI-driven design technology, expand the team, and grow market presence. Co-founders Drishti Anand and Aditya Balani aim to address gaps in the Indian fashion market with a zero dead-inventory model and an inclusive approach to fashion. The funding is expected to boost LDU’s ARR from ₹25 crore to ₹100 crore.