LDU (LetsDressUp), India's version of the Stitch Fix platform, has raised $300,000 in a pre-Series A round from Titan Capital and other marquee groups of investors.
The funding saw participation from Sequoia Capital, Lykke Capital, Hauz Khas Ventures, and serial investor Sweta Rau. Existing investors, including Kaushika Madhavan (Managing Partner and Country Head, Kearney India), Abhishek Malhotra (Senior Partner, Mckinsey & Co), Anshuman Maheshwary (COO, IIFL Wealth & Asset Management), Saurabh Singh (Senior Partner, Kearney India), Gautam Midha (VP, Blackwatch) also participated in the round.
The startup said it will use the funds to refine the tech product, build the leadership team, and significantly scale up the business.
