Indian fashion start-up USPL recently announced raising Rs 100 crore from its existing investor Accel Partners for expanding its product portfolio and retailing capabilities. The company plans to expand its presence in India and abroad. This investment takes its valuation to over $100 million, making it one of the most valuable companies in the sector.
Founded in April 2012, Bengaluru-based USPL's portfolio of brands include Ms. Taken, a signature women's western wear line, Imara, a contemporary women's ethnic fashion brand, and WROGN, a men's casual wear brand inspired by Virat Kohli, according to a news agency report.Indian fashion start-up USPL recently announced raising Rs 100 crore from its existing investor Accel Partners for expanding its product portfolio and retailing capabilities. The company plans to expand its presence in India and abroad. This investment takes its valuation to over $100 million, making it one of the most valuable companies in the sector.#
USPL brands are available in Shoppers Stop and online fashion portals Myntra, Jabong and Flipkart, besides exclusive brand stores. (DS)
Fibre2Fashion News Desk – India