Lighthouse Funds invests Rs 225 crore in occasion wear brand Kalki Fashion

Founded in 2007 by brothers Saurabh, Shishir, and Nishit Gupta, Kalki Fashion operates in the premium bridal, festive, and occasion wear segment for both men and women.

Lighthouse Funds announced that it has invested Rs 225 crore in occasion wear brand - Kalki Fashion - on Tuesday. This comes at a time when the fashion brand is looking to expand its retail footprint within India and abroad.

The company boasts of a global customer base in the US, UK, Canada, and Australia through its direct-to-consumer (D2C) digital platform. It has a network of large-format flagship stores across major Indian cities and sells customisable products to consumers via e-commerce brands as well.

Talking about the development, Saurabh Gupta, Founder and CEO of Kalki Fashion, said, "We are thrilled to partner with Lighthouse Funds as we enter our next phase of growth. This partnership will enable us to scale our retail presence in domestic and international markets, enhance supply chain efficiency, and continue to invest in new product development and customer experience to serve our customers."

Anshul Jain, Managing Director at Lighthouse Funds, expressed confidence in the partnership, and said, "Kalki has built a strong brand in the premium occasion wear segment, focusing on quality and craftsmanship. As India continues celebrating weddings, festivals, and special occasions, Kalki is poised to become the brand of choice for consumers who seek elegance and exclusivity."

Kalki Fashion: Background

Founded in 2007 by brothers Saurabh, Shishir, and Nishit Gupta, Kalki Fashion operates in the premium bridal, festive, and occasion wear segment for both men and women.

As the Indian premium fashion market continues to grow, the brand said that the investment will help it capitalise on increasing consumer demand for high-quality occasion wear both domestically and in international markets.

The Rainmaker Group served as the exclusive advisor for this transaction.