DealShare cofounder Sankar Bora ’s direct-to-consumer (D2C) footwear startup CHK has raised $2.5 million in funding from investment firm Accel , jewellery retailer Bluestone, and some individual investors. Budget with ET How Budget 2025 can walk the tightrope of India's 'sins' Will Budget add more firepower to defence industry's local manufacturing? Sitharaman and co to fuel India's luxe aspirations, premium growth? The Bengaluru-based company plans to deploy the fresh capital to accelerate production and strengthen its research and development (R&D) efforts ahead of its public launch in April.
CHK plans to deploy the fresh capital to accelerate production and strengthen its research and development (R&D) efforts ahead of its public launch in April. "After leaving DealShare, I wanted to create a brand in fashion which has always been close to my heart. I found sneakers to be a promising category given the structural change in usage patterns among the younger generations.
Moreover, there is a white space in design innovation focused sneakers in premium and mass-premium categories,” Bora told ET. Bluestone invested around Rs 12 crore (approximately $1.3 million) in November 2024 in the company.
Artificial Intelligence(AI) Java Programming with ChatGPT: Learn using Generative AI By - Metla Sudha Sekhar, IT Specialist and Developer View Program Artificial Intelligence(AI) Basics of Generative AI: Unveiling Tomorrows Innovations By - Metla Sudha Sekhar, IT Specialist and Devel.
