Comet secures Rs 100 crore in Series B funding led by Verlinvest for expansion
- Homegrown sneaker brand Comet raises ₹100 crore in a Series B round led by global investment firm Verlinvest.
- Existing investors Elevation Capital and Nexus Venture Partners also participate in the funding round.
- Comet plans to use the funds to expand retail, develop new products and strengthen its technology.
- The Bengaluru-based brand aims to double its footwear models and expand to 20 stores by FY27.
Source: economictimes.indiatimes.com
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