High Street Fashions (HSE), the parent company of women's fashion brands Indya and FabAlley, has secured INR 50 crore in funding. The luxury fashion brand has secured a funding round led by Mrs. Sangita Jindal, Chairperson of JSW Foundation, with participation from SRF Group, Cyient Technologies, and Pure Home + Living.
The investment will fuel Indya's expansion in the occasion wear and premium occasion wear range, "Weddings By Indya", with strategic designer collaborations and global expansion plans. The company plans to open 10 new wedding stores and expand its international retail presence, with a focus on the $15 billion Indian wedding wear market. The investment supports Indya's business expansion and showcases India's heritage textile artistry globally.
Indya plans to partner with Indian designers to democratize luxury fashion, offering designer elegance at high street prices. Retailed through 12 exclusive brands and 150 large formats, Indya's largest volumes come from its international direct-to-consumer e-commerce business, which has grown by 50% year-on-year. After inaugurating its second store in Malaysia, the company plans to further expand its branches in the USA and South Africa in a span of 2 years. Mrs. Sangitha Jindal, who invested in Indya cited its unique designs and strong back-end capabilities. The investment will help fuel Indya's global expansion and expand India's heritage textile artistry.
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