eShakti news and archive

eShakti raises fresh funding

eShakti, the Chennai-based online women's apparel retailer that targets the US and Canada and operates an Indian e-commerce unit under Zapelle has raised fresh funding from two investors. The apparel retailer has raised Rs 9 crore through preferential allotment of shares. The funding round was led by Infina Finance and financial services...

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Business

US-based eShakti eyes third funding round for further growth

US-based eShakti, started by BG Krishnan as platform offering lifestyle products to NRIs is now fully focusing on clothing since its tunics and pants are getting a lot of attention from American customers as well. After raising around Rs 90 crores through earlier funding rounds, the company is looking at a third round of institutional capital in...

Apparel

US-based Indian women’s label eShakti gets a funding boost

Women's apparel brand eShakti has raised funds through IvyCap, IDG Venturesin the second funding round. The company plans to utilize the capital for scaling up operations in the US. The total amount raised by the Chennai and Gurgaon-based company is about Rs 90 crores. Apart from expanding operations, the company, which makes custom-designed...