07 December 2024, Mumbai
Mumbai-based lifestyle and activewear brand, Terractive has raised Rs 8 crore in a pre-series A funding round led by Fireside Ventures and DeVC (Matrix Partners).
The brand will utilise this capital to advance fabric development and drive product innovation, reinforcing the brand’s commitment to blending comfort and performance in its offerings.
Sharing their vision, Raena Ambani and Rahee Ambani-Choksi, Co-Founders, say, the brand aims to create innovative, high-quality apparel that blends comfort and performance, tailored to the needs of modern India. This funding will empower the brand to expand its reach and continue pioneering in fabric technology for everyday movement.
Established in 2023, Terractive focuses on crafting premium everyday wear, aiming to become a trusted name in the lifestyle and activewear space. This funding milestone marks a significant step toward achieving its mission of redefining apparel for the modern Indian consumer.
