by Louis Stitch, a premium menswear brand, has secured INR 5 crore in pre-Series A funding. The round was led by Space World Group, with participation from Inflection Point Ventures and angel investors.
Founded in 2021 by Sahil Chadha and Pranay Jain, Louis Stitch offers a range of apparel, accessories, and footwear for aspirational Indian men. The brand’s products are designed to be stylish, comfortable, and affordable.
Louis Stitch’s customers include working professionals, students, and young entrepreneurs. The company plans to use the funds raised to expand its retail presence, grow its online business, and develop new product lines.
“We are excited to partner with Space World Group, Inflection Point Ventures, and other investors,” said Sahil Chadha, co-founder and CEO of Louis Stitch. “This investment will help us accelerate our growth and reach more customers around India.”
Space World Group’s managing director, Ankit Goel, said, “We are impressed by the team’s vision to build a leading premium menswear brand in India. We believe that Louis Stitch has the potential to become a household name.”
Inflection Point Ventures’ managing partner, Madhukar Bhardwaj, said, “We are excited to back Louis Stitch as they embark on their journey to become the leading premium menswear brand in India. We believe that the brand has the right team, the right product, and the right market opportunity to succeed.”
Louis Stitch’s funding is a sign of the growing demand for premium menswear in India. The Indian menswear market is expected to grow to INR 1.5 trillion by 2025. Louis Stitch is well-positioned to capitalize on this growth, as the company offers a stylish and affordable alternative to international brands.
