Comet raises Rs 42.3 crore Series A led by Elevation Capital
Nexus Venture Partners and AngelList India also invest in the sneaker brand.
Comet raised Rs 42.3 crore in a Series A led by Elevation Capital, according to regulatory filings reported on July 1, 2024. Nexus Venture Partners and AngelList India also invested.
The company earmarked the capital for expenditure, marketing and general corporate needs. At the time, its range included CometX and Aeon sneakers alongside slides, sold through its own website.
Use of funds
Capital expenditure
Marketing
General corporate purposes