Direct to consumer (D2C) men’s essential wear brand Almo has raised its seed round of funding led by Angelist India and a group of industry angels. These include Arjun Vaidya (ex-CEO, Dr Vaidya’s), Piyush Shah (Co-founder, Inmobi Group), Muralikrishnan (COO, Xiaomi India), Nitin Gupta (CEO, Uni Cards), Rohit Chanana (Ex-President, Strategy, Hero Corporate Services), Umang Kumar (Co-founder, CarDekho Group), Darshan Deora (MD, Indvest Group) and Pranay Jain (VP Avendus Capital) amongst others.
The Gurugram-based startup was launched in June 2020 by Abhishek Shah, ex-Founder and CEO of online men’s fashion retailer Fetise.com, and Muskaan Jain, third generation entrepreneur from TT Ltd (a vertically integrated textile company) along with core team member Chhavi Bhardwaj (ex-Myra Meds).