Wednesday, August 21, 2024

Accel invests $9 million in luggage brand Uppercase; valuation doubles to $60 million

Accel invested $9 million in Uppercase, raising the luggage brand’s valuation to $60 million. The funds are aimed at expanding retail stores in India, Europe, and the Middle East. Uppercase plans to open 50 stores by March 2025 and aims to double its revenue to Rs 150 crore this fiscal year.

from Tech-Economic Times https://ift.tt/p3nWrEU

No comments:

Post a Comment

IndiaAI Mission's three indigenous AI models target offline mobile access, secure use in critical sectors

Three indigenous artificial intelligence (AI) models launched under the Centre's IndiaAI Mission are being developed for applications ra...