Kalki Fashion eyes retail growth with Rs 225 crore investments from Lighthouse Funds
Indian occasion and ethnic wear brand Kalki Fashion plans to support its retail growth with Rs 225 crore (approximately $27 million ) investment secured from Lighthouse Funds.
According to Saurabh Gupta, Founder and CEO, Kalki Fashion, this partnership allows the company to not only expand its retail presence in both Indian and international markets but also improve supply chain, and continue investing in new product development and customer experience to better serve its customers, states Saurabh Gupta, Founder and CEO, Kalki Fashion.
Actively increasing its physical store presence in India and abroad, the high-end apparel brand reports strong financial performance per store along with consistent profit growth.
Kalki Fashion operates several large flagship stores in major Indian cities and also provides a personalized shopping experience through its direct-to-consumer (D2C) online platform.
Anshul Jain, Managing Director, Lighthouse Funds, explains, having established a strong brand in the premium occasion wear market, emphasizing quality and craftsmanship, Kalki is well-positioned to become the preferred brand for consumers seeking elegance and exclusivity.
Founded in 2007 by Saurabh, Shishir, and Nishit Gupta, Kalki offers premium bridal, festive, and occasion wear for both men and women. The brand also has a significant customer base in the US, the UK, Canada, and Australia.
Lighthouse Funds has previously invested in apparel brands like Fabindia and occasional accessories brands like Kushal's. Their other investments include Wow! Momo, Kama Ayurveda, Duroflex, and Nykaa.
