The round also saw participation from its existing investor Titan Capital Founded by Drishti Anand and Aditya Balani in 2019, LetsDressUp aims to create an extensive range of outfits, ensuring every woman finds her perfect size The startup will use the fresh capital to boost production, scaling up its AI design technology stack and team expansion Women-focused D2C fashion startup LetsDressUp has raised INR 11 Cr ($1.3 Mn) in a Pre-Series A funding round from a clutch of investors, including GVFL Limited, Indian Angel Network and The Chennai Angels. The round also saw participation from its existing investor Titan Capital.
The Gurugram-based startup will use the fresh capital to boost production, scaling up its AI design technology stack and team expansion. Founded by Drishti Anand and Aditya Balani in 2019, LetsDressUp aims to create an extensive range of outfits, ensuring every woman finds her perfect size. They have a range of sizes between XS to 8XL.
The startup claims to work on a zero waste inventory model where no waste is produced during the production. “We are creating a win-win model at LDU. Our agile supply chain helps us cater to the growing need of consumers by providing them with fresh designs every week, without them being out of stock.
This also empowers the manufacturers to earn more and better their lives. The zero dead inventory model helps us contribute in reducing the pollution caused by the fashion industry,” said Anand. Managing director, GVFL Ltd, K.
