Off Duty raises funds to meet rising demand for Its premium apparel
09 March 2023, Mumbai
Off Duty, a premium apparel and fashion brand, has raised Rs 4 crore in funding from Velocity, the country's largest revenue-based financier.
Funding from Velocity is expected to enable Off Duty to reach new heights and inspire emerging D2C apparel brands with their growth. The investment will be used to increase the brand's inventory to meet rising demand. Off Duty has a strong presence across e-commerce platforms and is expected to close the current financial year with revenue of Rs 15 crore.
Off Duty was founded in 2019 by Madina S Khan and Shahbaaz Khan, with the aim of bridging the gap between fashion trends in India and international markets. The brand's core products include everyday wear, comfortable denim, pants & trousers, and men's denim.