Mokobara raises ₹170 crore in Series C funding, Inc42 reports
Inc42 says the luggage brand’s FY25 operating revenue nearly doubled to ₹230.2 crore, while its loss rose 143% to ₹10.2 crore.
TLDR
Inc42 reports that Mokobara raised ₹170 crore ($18 million) in a Series C round led by Sauce.vc, with Peak XV Partners, AYRA Ventures, Niveshaay Investment and other existing investors participating. The outlet says the travel and lifestyle brand sells luggage, travel bags, wallets and accessories online and through 50 stores across major Indian cities. According to Inc42, Mokobara previously raised $12 million at an $80 million valuation in 2024.
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