Stylox Fashion to expand retail presence with Rs 2 crore raised in maiden funding round
04 December 2024, Mumbai
Leading denim brand Stylox Fashion aims to expand retail presence to reach a widen section of the audience. The company has raised Rs 2 crore from RTAF Angel Fund and Avid Captial Services in its maiden funding round towards this expansion.
To be executed the franchise route, this pan-India expansion will be carried out in partnership with small-scale garment retailers. Vishal Mehra, Founder, Stylox, says, more than just financial boost, this funding round validates the company’s vision and trust earned in the market. It will help Stylox Fashion enhance its franchise network besides allowing the company to deliver premium products at value-driven prices.
Founded by Vishal and Ritika Mehra, Stylox Fashion is currently present in 40 stores across India besides selling online through its website.
