• Latest
  • All
  • Buzz
  • Sports
  • International
  • Technology
  • Startups
  • Business
  • Entertainment
  • Blockchain
  • Crypto
  • Funding
  • Devices
  • Bollywood
  • Hollywood
  • Health
  • COVID 19
  • Finance
  • ALERTS
  • Featured
  • Politics
  • Wildlife
  • Science
The Souled Store

The Souled Store Secured $16.4 Million in Series C Funding Round

March 29, 2023
Mohan Babu, Son Manoj, and Journalist Clash at Jalpally Residence

Family Dispute Turns Chaotic: Mohan Babu, Son Manoj, and Journalist Clash at Jalpally Residence

December 11, 2024
MP Vijay Vasanth Advocates Boosting Kanniyakumari Tourism

Congress MP Vijay Vasanth Calls for Improved Tourism Infrastructure in Kanniyakumari

December 11, 2024
Adelaide Test defeat challenges India’s WTC path.

Adelaide Test Loss Puts India’s WTC Final Hopes in Jeopardy

December 9, 2024
Lt Gen KJS Dhillon's historic journey and military leadership

Lt Gen KJS Dhillon Wins Crossword Books Award for Best Non-Fiction Book

December 9, 2024
Delhi Chalo March Blocked, Police Enforce Section 163

Farmers’ ‘Delhi Chalo’ March Blocked at Shambhu Border as Police Enforce Section 163

December 6, 2024
  • About Us
  • Advertise
  • Contact Us
Wednesday, May 21, 2025
  • Login
The Buzz News Logo
  • ALERTS
    Junior Asia Cup India’s Dominant 11-0 Victory

    Junior Asia Cup: India Crushes Thailand 11-0 in Opening Match

    Hemant Soren to Take Oath as Jharkhand Chief Minister

    Hemant Soren to Take Oath as Jharkhand Chief Minister on November 28

    Rafael Nadal Retires After Davis Cup Loss

    Rafael Nadal Bids Farewell to Tennis After Davis Cup Loss

    Allu Arjun Returns with a Bang Pushpa 2 Trailer

    Allu Arjun Stuns in the Thrilling Trailer of ‘Pushpa 2: The Rule’

    Gold Prices Pressured by Strong US Dollar

    Face Short-Term Pressure as Stronger US dollar and Rising Bond Yields Shift Investor Focus

  • BUZZ
    Junior Asia Cup India’s Dominant 11-0 Victory

    Junior Asia Cup: India Crushes Thailand 11-0 in Opening Match

    Hemant Soren to Take Oath as Jharkhand Chief Minister

    Hemant Soren to Take Oath as Jharkhand Chief Minister on November 28

    Rafael Nadal Retires After Davis Cup Loss

    Rafael Nadal Bids Farewell to Tennis After Davis Cup Loss

    Allu Arjun Returns with a Bang Pushpa 2 Trailer

    Allu Arjun Stuns in the Thrilling Trailer of ‘Pushpa 2: The Rule’

    Gold Prices Pressured by Strong US Dollar

    Face Short-Term Pressure as Stronger US dollar and Rising Bond Yields Shift Investor Focus

  • Blockchain
    • Crypto
  • Business
    • Finance
  • Entertainment
    • Bollywood
    • Hollywood
  • International
    • Politics
    • Sports
  • Startups
    • Funding
  • Technology
No Result
View All Result
The Buzz News Logo Sticky
  • ALERTS
    Junior Asia Cup India’s Dominant 11-0 Victory

    Junior Asia Cup: India Crushes Thailand 11-0 in Opening Match

    Hemant Soren to Take Oath as Jharkhand Chief Minister

    Hemant Soren to Take Oath as Jharkhand Chief Minister on November 28

    Rafael Nadal Retires After Davis Cup Loss

    Rafael Nadal Bids Farewell to Tennis After Davis Cup Loss

    Allu Arjun Returns with a Bang Pushpa 2 Trailer

    Allu Arjun Stuns in the Thrilling Trailer of ‘Pushpa 2: The Rule’

    Gold Prices Pressured by Strong US Dollar

    Face Short-Term Pressure as Stronger US dollar and Rising Bond Yields Shift Investor Focus

  • BUZZ
    Junior Asia Cup India’s Dominant 11-0 Victory

    Junior Asia Cup: India Crushes Thailand 11-0 in Opening Match

    Hemant Soren to Take Oath as Jharkhand Chief Minister

    Hemant Soren to Take Oath as Jharkhand Chief Minister on November 28

    Rafael Nadal Retires After Davis Cup Loss

    Rafael Nadal Bids Farewell to Tennis After Davis Cup Loss

    Allu Arjun Returns with a Bang Pushpa 2 Trailer

    Allu Arjun Stuns in the Thrilling Trailer of ‘Pushpa 2: The Rule’

    Gold Prices Pressured by Strong US Dollar

    Face Short-Term Pressure as Stronger US dollar and Rising Bond Yields Shift Investor Focus

  • Blockchain
    • Crypto
  • Business
    • Finance
  • Entertainment
    • Bollywood
    • Hollywood
  • International
    • Politics
    • Sports
  • Startups
    • Funding
  • Technology
No Result
View All Result
The Buzz News
No Result
View All Result
Home Business

The Souled Store Secured $16.4 Million in Series C Funding Round

by Shubham Dayal
March 29, 2023
in Business, Funding
Reading Time: 2 mins read
The Souled Store

The Buzz News on Google News

Share on FacebookShare on TwitterShare on WhatsApp

Mumbai-based Apparel Startup, ‘The Souled Store,’ has raised Rs 135 Crore in Series C Funding Round from Xponentia Capital Partners and existing investors Elevation Capital and RPSG Capital Ventures. This investment has been marked as the highest investment of Xponentia Capital in the consumer sector.

Where Does The Souled Store Utilize Raised Funds?

The Company will utilize its funds to introduce new categories in the business and will open around 100 more stores in the country in the next two years. It also offers 100% buyback of vested employee shares as part of its ESOP program. Last year in May, the Company allotted 3.7% shares to the ESOP plan.

RelatedPosts

Tata Group Completes Merger of Air India and Vistara, Expanding the National Carrier’s Reach

Hyundai Motor Shares Fall 3% on Disappointing Stock Market Debut

The Company has around 12 stores in the country, of that eight were opened last year. It has already added Kidwear and sneakers to its products. They target the 18-32 age group for the fan merchandise apparel. As per the Company, stores take 2-3 months to recover the capital expenditure. Their stores are in Indore, Pune, Mumbai, Gurugram, and Bengaluru.

The Souled Store

Also Read: Funding Report | Fashinza Secured $30 Million From Mars Growth Capital & Liquidity Group

The Souled Store was founded by Patel, Rohin Samtaney, Aditya Sharma, and Harsh Lal in 2013. It has raised $13.1 million in funding so far. Sara Ali Khan was also the investor of this startup in March 2022 and its Brand Ambassador.

The Company is getting 70% of its sales from its website, 15% from other online marketplaces, and 15% from offline stores. It claims that its annualized revenue of Rs 450 Crore.

Tags: Funding RoundSeries CThe Souled Store
ShareTweetSend
Previous Post

Amritpal Singh Causes Controversy: 2nd Year Delhi University Student Faces Backlash for Hosting Khalistan Leader at Her Flat.

Next Post

Akansha Dubey’s Suicide Case has Taken a New Twist.

Next Post
Akansha Dubey Suicide

Akansha Dubey's Suicide Case has Taken a New Twist.

storm in states today

[Watch] Stunning Video of Storm from Space Captures Impending over Western US.

0 0 votes
Article Rating
Subscribe
Login
Notify of
guest

guest

0 Comments
Oldest
Newest Most Voted
Inline Feedbacks
View all comments
The Buzz News on Google News

Categories

  • ALERTS (191)
  • Blockchain (6)
  • Bollywood (31)
  • Business (192)
  • Buzz (555)
  • COVID 19 (8)
  • Crypto (16)
  • Devices (23)
  • Entertainment (83)
  • Featured (145)
  • Finance (73)
  • Funding (34)
  • Health (64)
  • Hollywood (28)
  • International (204)
  • Politics (269)
  • Science (49)
  • Sports (168)
  • Startups (18)
  • Technology (236)
  • Wildlife (49)
The Buzz News Header Logo Transparent

This website follows the DNPA Code of Ethics.

TOPICS

  • ALERTS (191)
  • Blockchain (6)
  • Bollywood (31)
  • Business (192)
  • Buzz (555)
  • COVID 19 (8)
  • Crypto (16)
  • Devices (23)
  • Entertainment (83)
  • Featured (145)
  • Finance (73)
  • Funding (34)
  • Health (64)
  • Hollywood (28)
  • International (204)
  • Politics (269)
  • Science (49)
  • Sports (168)
  • Startups (18)
  • Technology (236)
  • Wildlife (49)
  • About
  • Contact
  • Advertise
  • Privacy
  • Disclaimer

© 2023 The Buzz News | All Rights Reserved
A venture of Orcapex Media

Welcome Back!

Login to your account below

Forgotten Password?

Retrieve your password

Please enter your username or email address to reset your password.

Log In
wpDiscuz
0
0
Would love your thoughts, please comment.x
()
x
| Reply
No Result
View All Result
  • ALERTS
  • BUZZ
  • Blockchain
    • Crypto
  • Business
    • Finance
  • Entertainment
    • Bollywood
    • Hollywood
  • International
    • Politics
    • Sports
  • Startups
    • Funding
  • Technology

© 2023 The Buzz News | All Rights Reserved
A venture of Orcapex Media

This website uses cookies. By continuing to use this website you are giving consent to cookies being used. Visit our Privacy and Cookie Policy.