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Sahai, Indus act on Elevation Cap’s $2.25m seed round into women activewear brand BlissClub

Women’s activewear brand BlissClub has raised $2.25 million in seed funding led by Elevation Capital. Existing angel investors Neeraj Arora (ex-CBO, WhatsApp), Kunal Shah (founder, CRED), Rahul Mehta (... DST), Pam Lee (ex-Lululemon executive), Ashish Goel (founder, Urban Ladder), Chakradhar Gade (founder, Country Delight), and Good Capital, also participated in the round. BlissClub will use the funds to grow the team, for product development and marketing, it said. The company is currently Ebitda-positive, it said in a statement.

The Economic Times

Sahai & Co advised BlissClub Fitness led by partner Savyasachi K Sahai and associate Kushagra Aman.

IndusLaw represented leading investor Elevation Capital in the deal led by partner Mayukh Dutta and associate Nishihi Shah.


Deal value: INR 16.4 crores (USD 2.25 million)

This deal report is based on a firm's press release and may be only partially complete. Some firms or names of advisers may be therefore be missing.

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