Компания Mokobara привлекла 170 миллионов долларов на Series C для экспансии в премиум-сегменте

Индийский бренд дорожных принадлежностей Mokobara завершил раунд Series C, собрав 170 миллионов долларов при участии Sauce.vc и других инвесторов. Компания, чьи доходы за последний финансовый год удвоились, планирует использовать средства для дальнейшего расширения сети розничных магазинов и выхода на новые рынки.

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Mokobara raises ₹170 crore in Series C funding led by Sauce.vc

Adgully Bureau | Views: 369 Travel and lifestyle D2C brand Mokobara has raised ₹170 crore ($18 million) in a Series C funding round led by early-stage venture capital firm Sauce.vc. The round also saw participation from Peak XV Partners, AYRA Ventures, and Niveshaay Investment alongside existing backers. In a social media update, Sauce.vc Vice President Karan Kathpalia confirmed that the firm led the round with a ₹109 crore investment in its portfolio company, though Mokobara has yet to issue an official corporate statement regarding the full allocation. Regulatory filings with the Registrar of Companies (RoC) indicate that Mokobara’s board approved the issuance of 1,300 Series C compulsorily convertible preference shares (CCPS) to investors at ₹6.2 lakh each, aggregating to ₹80 crore. The board further allotted 199 shares at ₹5.4 lakh each, raising an additional ₹10.7 crore, with the remaining balance of the reported ₹170 crore figure expected to reflect in subsequent statutory filings. Prior to this round, the luggage maker had raised $12 million in 2024 at an $80 million valuation. Founded in 2019 by Sangeet Agrawal and Navin Parwal, Mokobara designs and retails luggage, backpacks, wallets, and travel accessories across its proprietary online store, major e-commerce marketplaces like Amazon and Flipkart, and an offline network of over 50 retail stores across Bengaluru, Delhi, Mumbai, and Pune. The company expanded internationally into the Middle East in February 2025 with its maiden flagship store at BurJuman Mall in Dubai, positioning itself against competitors such as Wildcraft, Urban Monkey, Uppercase, VIP, and American Tourister. The capital injection comes amidst rising premiumization in India's luggage sector, which is projected to reach ₹26,700 crore by 2028. Financials show Mokobara's operating revenue nearly doubled to ₹230.2 crore in FY25, up from ₹117.4 crore in FY24, while net loss widened by 142.9% to ₹10.2 crore driven by physical retail expansion and market entry costs. The company is yet to disclose its financial performance for FY26. marketing 07-Sep-2026 Sauce.vc Mokobara