Aretto raises Rs 4.5 cr in funding round
- Country:
- India
Kids footwear brand Aretto has raised USD 550,000 (about Rs 4.5 crore) in a funding round led by cricketer Hardik Pandya, and investment banking firm Veromint Advisors.
Other investors in the round included Bombay Shaving Company ex-chief marketing officer Raunak Munot, VegNonVeg co-founder and founder of Brewhouse Abhineet Singh, Aan group managing Director (MD) Shyam Raichura, VideoVerse Co-Founder Vinayak Shrivastav and Julius Baer MD Kunal Sumaya.
The company -- founded in 2020 by Satyajit Mittal and Krutika Lal -- said it will use the funds to expand its market presence, team, research and development.
(This story has not been edited by Devdiscourse staff and is auto-generated from a syndicated feed.)
ALSO READ
Hardik Pandya set to play 100th IPL match for Mumbai Indians
Sehwag reveals his India T20 WC playing eleven, Hardik Pandya not included
Hardik Pandya's Role in Indian Cricket Should Be Re-Examined, Says Irfan Pathan
GT Match's Momentum Shifts as Hardik Pandya Seals Win with Unstoppable 200
Hardik Pandya: Gavaskar predicts standout performance in World Cup