Led by JSW Foundation chairperson Sangita Jindal, the round also saw participation from family offices of SRF Group, Cyient's executive vice chairman and MD Krishna Bodanapu and Pure Home + Living’s MD and CEO Timmy Sarna The investment will likely give a boost to the brand’s premium occasion-wear line ‘Weddings By Indya’ and also help it strengthen its footprint in the occasion and wedding wear market Founded in 2012, High Street Essentials is a D2C omnichannel womenswear fashion house, which sells affordable western wear and ethnic-fusion wear, under the FabAlley and Indya brands High Street Essentials, which owns and operates women’s fashion brands Indya and FabAlley, has raised INR 50 Cr ($6 Mn) in a mix of equity and debt infusion, as part of its latest funding round. The round was led by JSW Foundation chairperson Sangita Jindal, along with participation from family offices of SRF Group, Cyient’s executive vice chairman and MD Krishna Bodanapu and Pure Home + Living’s MD and CEO Timmy Sarna. The fresh capital will help Indya expand its presence across the Indian and global markets, the company said in a statement.
Founded in 2012, High Street Essentials is a D2C omnichannel womenswear fashion house, which sells affordable western wear and ethnic-fusion wear, under the FabAlley and Indya brands. High Street Essentials, which counts Elevation Capital, India Quotient, and Dominor Investment Holding among its backers, claims to have raised over $18 Mn in fundi.
