Funding news Mumbai-based luxury men's brand, Haldèn has secured Rs 5 crore in a seed funding round led by . The company, founded in 2019 by cousins Anuj Beriwal and Mukund Singhal, plans to use the funds to enhance its brand presence and expand its product line. “The fundraising will be strategically used to expand Haldèn’s offline presence too.
The goal is to enhance brand visibility, increase sales, and penetrate new online and retail markets,” said Mukund Singhal, Co-founder and Director of Haldèn. The company aims to “make products accessible to a wider audience while maintaining the quality and affordability that our customers expect,” said Anuj Beriwal, Co-founder and Director of Haldèn. Haldèn previously operated as a bootstrapped company until FY24, the company said.
Infinyte.Club has secured a seed round of $3.6 million led by Elevation Capital.
The company is supported by 40 super angels, including , Vidit Aatrey, Gaurav Munjal, Sanket Shah, Varun Dua, Anjana Reddy, Ashwini Asokan, Tanmay Bhat, Harshil Mathur, Shashank Kumar, and others. Infinyte.Club has also stepped out of beta mode.
The product has opened access to a range of private investment opportunities and addresses the issue of (Employee Stock Ownership Plan) liquidity, it said in a statement. “In the next 3-5 years, we aim to establish a comprehensive ecosystem that not only facilitates the realisation of equity value but also provides cutting-edge financial tools and exclusive inve.