Burgeon Law advised OUTZIDR, an online fashion retailer, raising approximately $3.61 million (INR 30 Cr) as part of its seed funding round
Burgeon Law advised OUTZIDR, an online fashion retailer, raising approximately $3.61 million (INR 30 Cr) as part of its seed funding round
Burgeon Law Facilitates Successful Funding Round for Outzidr
Burgeon Law advised OUTZIDR, an online fashion retailer, raising approximately $3.61 million (INR 30 Cr) as part of its seed funding round.
This funding round was led by Stellaris Venture Partners, with additional participation from angel investors, including Ramakant Sharma (Livspace) and Ghazal Alagh (Honasa Consumer Ltd.)
The funds will be used to utilize the majority of the funds to strengthen its test-and-react capabilities by investing in talent, technology, and strategic partnerships. Additionally, the capital infusion will support its brand-building initiatives and help maintain adequate inventory levels.
Ankit Bhasin (Partner), along with Aastha Agarwallaa (Senior Associate) and Akshita Mittal (Associate), worked on this transaction with Parveen Choudhary (Compliance Head), assisting with compliance.
