Home / Knowledge / News / Apparel/Garments / Patni Brothers to make seed investment in Bombay Shirt
Patni Brothers to make seed investment in Bombay Shirt
09
Jun '14
Amit Patni and Arihant Patni announced picking up significant stake in Mumbai based, Bombay Shirt Company (BSC)-India’s first online custom shirt brand, for an undisclosed amount. Conceived and based in the heart of Mumbai, BSC prides itself on making well designed, made-to-measure shirts that are accessible to virtually anyone with an eye for design and creativity.
 
This seed investment is the latest undertaking from the sons of Mr. Gajendra Patni, who, since their departure from Patni Computers in 2011, have been known to back young entrepreneurs towards making them established players in their space.  
 
Amit and Arihant Patni are passionate about backing innovative business ideas that show potential for solid and sustained growth. They have provided angel and seed investments in areas of health care, education, quick service restaurants and apparels amongst others. Having been active members of forums such as Mumbai Angels, Indian Angels and Venture Nursery, since their formative days, the Patni brothers believe in capitalizing on their strengths and nurturing businesses from its early stages.
 
Speaking about the investment in BSC, Mr. Amit Patni says, “We are excited to announce our investment in BSC and back Akshay Narvekar in his venture. Finding high quality custom tailored shirts at an accessible price point has always been a source of frustration for me. With BSC, customers are offered a comprehensive solution that not only allows for their own design elements and fabric, but also one that is 100% custom made to suit their exact measurements. The first shirt I purchased from BSC was enough to convince me about the soundness of the business venture.”
 
Over the past year and a half, BSC has ramped up from being a purely online player to having several brick and mortar touch points. It provides consumers the perfect blend of classic tailoring and contemporary designs by inviting clients to choose from their ready-to-order range or make their shirt from scratch to create a one-of-a-kind custom piece.
 
Further commenting on the investment from the Patni brothers, and indicating his plans for the futureMr. Akshay Narvekar – co-founder of Bombay Shirt Company says, “When fund raising, it was important for us to find the right investors who had the experience and passion for scaling a business like ours. Our investors, along with their entire investment ecosystem, bring exactly what we need to the table. We’re excited to work together towards taking BSC to greater heights."
 

Bombay Shirt Company


Must ReadView All

Apparel/Garments | On 21st Sep 2017

UK fashion exports £10.7 bn in 2016; highest till now

Exports of British fashion goods rose to £10.7 billion in 2016, the...

Apparel/Garments | On 21st Sep 2017

BFC announces partnership with Chinese firm JD.com

The British Fashion Council (BFC) has forged a new partnership...

Textiles | On 21st Sep 2017

Indonesia’s textile exports may reach $15 billion by 2019

Indonesia’s textile-related exports are projected to reach $15...

Interviews View All

Janak Dhamanwala & Sunil Dhamanwala
Jansun

Moving towards sustainability is also a social change

Top executives
Textile industry, India

Such fairs are a must for industry to showcase new innovations

Dinaz Madhukar
DLF Emporio and DLF Promenade

‘Each event and promotion is planned out keeping in mind the business of...

Kerem Durdag
Biovation II LLC

Kerem Durdag, CEO, Biovation II LLC, provides an insight into future...

Ashok Desai
Bombay Textile Research Association

Bombay Textile Research Association (BTRA) is a leading name in textile...

Urs Stalder
Sanitized AG

Urs Stalder, CEO, Sanitized AG, talks about the increasing use of hygiene...

Rupa Sood and Sharan Apparao
Nayaab

Nayaab, an exhibition meant to celebrate Indian weaves, is in its second...

Karan Arora
Karan Arora

Bridal couture created with rich Indian heritage, exquisite craftsmanship...

Jay Ramrakhiani
Occasions Elegance Wear

It is believed that by early 19th century, Varanasi weavers had moved away ...

Press Release

Press Release

Letter to Editor

Letter to Editor

RSS Feed

RSS Feed

Submit your press release on


editorial@fibre2fashion.com

Letter To Editor






(Max. 8000 char.)

Search Companies





SEARCH

September 2017

Subscribe today and get the latest update on Textiles, Fashion, Apparel and so on.

news category


Related Categories:

Planning to Take the Leap towards
Sustainability?

Do you see sustainability as a route to business growth?

Yes No

Do you think the sustainability space has the needed tools and resources available for a business to lead change?

Yes No

Active Poll

Do you see sustainability as a route to business growth?

Yes
74.5%
No
12.8%
Skip
12.8%

Total Votes: 47

Do you think adopting a sustainable approach will be a profitable move for your business?

Yes No

Active Poll

Do you think the sustainability space has the needed tools and resources available for a business to lead change?

Yes
61.7%
No
25.5%
Skip
12.8%

Total Votes: 47

Do you want the world to know about your sustainability journey and your business’ environmental footprint?

Yes No

Active Poll

Do you think adopting a sustainable approach will be a profitable move for your business?

Yes
87.2%
No
6.4%
Skip
6.4%

Total Votes: 47

Thanks for your valuable feedback. Claim your free latest sustainability e-book.

Active Poll

Do you want the world to know about your sustainability journey and your business’ environmental footprint?

Yes
70.2%
No
10.6%
Skip
19.1%

Total Votes: 47


E-News Insight
Subscribe Today and Get the
Latest News Update in Your Mail Box.
Advanced Search