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Apparel

Peepul Capital plans Rs 70 cr investment in Brandis

PE investor Peepul Capital LLC will invest Rs 70 crores in one-year-old lingerie and sportswear start-up Brandis Manufacturing and Marketing. Bangalore-based Brandis, which will receive the funds in multiple tranches, will use the capital to expand its operations, establish production facilities and build the brand. The firm sells lingerie and...

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Apparel

Brandis to launch men’s sports brand

Bangalore-based lingerie company Brandis India is planning to a launch men’s sports apparel line under brand-name ‘2GO’ soon. The newly envisaged brand’s product portfolio would consist of tracks, shorts, sports socks and T-shirts. It is eying to capture a 12 per cent pie of by 2015. The product pricing is maintained 35-40 per cent less compared...

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