Dekhava has managed to complete a new milestone in the fashion industry. The company has raised 10 lakhs for a 1% stake at a 10-Crore valuation within just a period of four months since its launch. The investments in the company were done by an HNI Investor.
It was not an easy task for the company to raise such a huge amount in such a short amount of time. In fact, the brand’s owner explains that he has meticulously planned the financial structure prior to launching his brand. Being an avid investor in the stock market and having quite a knowledge of the e-commerce market, Yatin knew that launching his brand in a similar fashion to others would not benefit him. He already made a team of design experts from the industry who helped him to sort out the best of the best from a lot of new fashion trends.
With a successful route, Dekhava plans to expand its territories in the other 1 and 2-tier cities and open its own offline stores. The company is planning to launch its clothing label very soon and planning to increase the number of design teams to curate more fashion. The company is planning to own at least 50% audience of the retail sector and increase its stake holdings by 5% within the next five years. “My goal in starting Dekhava is to allow customers to choose from the best. Every product design and quality will be handpicked by our team, and we focus fully on customer care support, packaging with high design and best quality.,” says Yatin Modi, Founder & CEO of Dekhava.
About Dekhava:
Dekhava is an online retail clothing store where people will find designs handpicked by the best people, which are refreshed every two weeks. The company was started in August 2022 by Yatin Modi, who owns a couple of more start-ups. So far, the company has received positive reviews from its clients, and many have praised the accessibility of the website and the reasonable pricing of premium quality clothing.
