Delhi-based D2C footwear brand Yoho raises INR 27 Cr ($3.21 Mn) in Pre-Series B round.
The funding round was led by Gulf Islamic Investments (GII) with participation from high-profile investors including SoftBank Investment Advisers' CEO Rajeev Misra and Paytm's Vijay Shekhar Sharma.
Yoho plans to use the funds to expand domestically and internationally, invest in R&D, and diversify its product portfolio.
Since its inception, Yoho has sold over 1 Lakh pairs of footwear and aims to expand its offline presence and international markets.