Funds to be deployed to expand presence across Indian & global markets Indya raises INR 50 Crore funding led by Mrs Sangita Jindal: High Street Essentials (HSE), the parent company of renowned women’s fashion brands Indya and FabAlley, has raised INR 50 Crore in equity and debt infusion. The funding round was led by Mrs Sangita Jindal, Chairperson of JSW Foundation with participation from esteemed family offices of SRF Group, Krishna Bodanapu of Cyient Technologies and Timmy Sarna from Pure Home + Living. This fund infusion enables Indya to undertake strategic business expansion of its premium occasion wear range “Weddings By Indya” and chart a growth roadmap for a significant play in the occasion and wedding wear market.
“ Weddings By Indya ” is a curated collection catering to the discerning tastes of India’s vibrant wedding segment and offers meticulously crafted ensembles for various ceremonies. Indya is democratizing luxury fashion through strategic collaborations with well-known Indian designers including Rohit Gandhi + Rahul Khanna, Varun Bahl, Ashish N Soni, Nikhil Thampi, and these partnerships bring designer elegance to fashion enthusiasts at high street prices. Commenting on her investment in Indya brand, Mrs Sangita Jindal, Chairperson of JSW Foundation said, “Indya’s core strength lies in their unique designs that cater to the Indian as well as global diaspora.
Shivani & Anurag have built strong back-end capabilities and this investment will empow.
