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Marquee investor Ashish Kacholia, others invests Rs 25 crore in premium travel luggage brand EUME

  • Premium travel luggage brand EUME secured Rs 25 crore in a Series A funding round with marquee investor Ashish Kacholia leading the investment.
  • Kacholia, along with existing seed investors, aims to help EUME scale its retail presence, enhance team, boost marketing efforts, and improve working capital.
  • EUME plans to open three new flagship stores in Bengaluru, Mumbai, and Hyderabad within 45 days to strengthen its offline presence in key metro markets.
  • The startup intends to expand its product range focusing on premiumisation to meet the rising demand for high-quality travel and lifestyle products in India.

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