India's quick fashion delivery sector attracts significant investment

The quick-fashion delivery sector in India is witnessing significant investment, with Mumbai-based startup Knot recently securing 3 million dollars in a funding round led by Kae Capital, as reported by the Economic Times. This round also saw participation from Sparrow Capital and founders of direct-to-consumer brands such as Snitch, Souled Store, Bonkers Corner, and lab-grown diamond jewelry company Aukera. Knot intends to utilise this capital to expand its operations beyond Mumbai into cities like New Delhi, Bengaluru, and Pune, enhance its product capabilities, and onboard additional partner brands.