The startup was launched in 2019 by Gaurav Chopra, Sumant Kakaria, Aprajit Kathuria and Vikram Iyer
In 2020 and 2021, it raised INR 13 Cr and INR 14 Cr respectively from existing investors DSG Consumer Partners and Saama Capital
Solethreads also plans to use the funds to move to sneaker manufacturing gradually and build up the inventory accordingly
Casual footwear startup Solethreads has bagged $3.7 Mn funding in a Series A round led by Fireside Ventures. The round also saw participation from angel investors Nihir Nalin Parikh and Dhaval Nalin Parikh, along with existing investors DSG Consumer Partners and Saama Capital.
Founded in 2019 by Gaurav Chopra, Sumant Kakaria, Aprajit Kathuria and Vikram Iyer, Solethreads manufactures casual footwear products.
The startup aims to invest the fund on product designing and brand marketing. Talking to Inc42, cofounder Sumant Kakaria said that in the current footwear market, knowing the ecosystem is…
