India – 24th June 2023– Arjun Kilachand, a leading brand in the menswear industry, is happy to announce the successful completion of its recent funding round, spearheaded by Malabar Capital Advisors. This marks a turning point for the brand as it secures the necessary resources to expand its operations, fortify its infrastructure, form strategic partnerships, and diversify its product categories.
Under the leadership of Mr. Deevyesh Desai (Managing Director & CEO) and Mr. Dhruv Mehta (Director), Arjun Kilachand has attracted a stellar lineup of investors who share the brand’s mission to drive growth and innovation. The infusion of funds will fuel the brand’s ambition to revolutionize the luxury retail sector and set new industry benchmarks.
The previous funding round witnessed the participation of renowned ultra-high net worth individuals (HNIs) and influential industry figures. Notable personalities such as Bahram Vakil, Founding Partner of AZB Law Firm and Board member of TATA Trent, and Varunn Mody of Hind Composites, along with other respected industry heads, have demonstrated their confidence and support for Arjun Kilachand.
Arjun Kilachand’s impressive growth trajectory has captivated the attention of investors and customers alike. With a remarkable threefold increase in revenue from the previous quarter, the brand has solidified its market presence, culminating in the opening of its flagship store in Mumbai. Furthermore, Arjun Kilachand has successfully expanded into tier 2 and tier 3 cities across India, captivating a diverse clientele that includes esteemed celebrities such as Salman Khan, Varun Dhawan, Ranbir Kapoor, Kartik Aryan, as well as renowned industrialists and businessmen.
The infusion of funds will have a transformative impact on Arjun Kilachand’s ability to cater to the growing demand of his products. The brand plans to channel the funding towards expanding its back-end infrastructure, enhancing its workforce capacity, and developing an integrated and omnichannel tech platform to cater to a global audience.
Arjun Kilachand’s commitment to delivering exceptional customer experiences through cutting-edge technology has played a pivotal role in attracting investors and securing their unwavering support. The brand’s unique value proposition, combined with its consistent revenue growth and extensive customer base, sets itself as a well-positioned brand in the men’s wear fashion industry. Arjun Kilachand is poised to make significant strides as a lifestyle brand and set new standards for luxury retail.