D2C menswear brand, The Bear House, has raised INR 50 Cr in its Series A funding round led by JM Financial Group’s investment arm JM Financial Private Equity.
The Bear House plans to use the funds to support offline expansion, working capital needs, and branding efforts.
Founded in 2017, The Bear House sells premium casual workwear and aims to launch 20 more stores across the country in the next two years.
The Bear House's net profit increased 9.3X in FY24 and the startup was eyeing a revenue of INR 250 Cr in FY25.