Indian men's wear brand Almo secures $2 million in funding

Oluwajuwonlo Afolabi -

India-based direct-to-consumer (D2C) men's wear startup, Almo has secured $2 million in its pre-Series A funding round led by Inflection Point Ventures.

  • The funds will be used to improve its branding and marketing, grow its research and development team and hire more talents, it claims.
  • Launched in 2020, Almo sells men's wear including underwear, topwear, loungewear, and winter wear.
  • The startup plans to go global through Amazon's Global Selling Propel Accelerator program.
  • LetsVenture, AngelList India, and angel investors participated in the funding round.