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Friday, November 15, 2024

Luxury men’s brand Haldèn raises INR 5 Cr seed funding from Prajay Advisors

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Haldèn, a luxury men’s brand, has secured INR 5 crore in seed funding, led by Mumbai-based family office Prajay Advisors.

Haldèn to Boost Brand and Product Expansion:

The funding will bolster its brand presence and support the expansion of its innovative product line.

Mukund Singhal, co-founder and director of the company, stated, “The funds will be strategically allocated to expand Haldèn’s offline presence as well. Our aim is to boost brand visibility, drive sales, and enter new online and retail markets.”

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Anuj Beriwal, co-founder and director of Haldèn, said, “We aim to make luxury products accessible to a broader audience while upholding the quality and affordability our customers expect.”

Founded in 2019, Haldèn has catered to over 1 lakh customers across tier 1 and tier 2 cities since its inception.

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