Series A · Consumer

Theater announces INR75 crore Series A for offline retail expansion

Niveshaay Sambhav Fund led the financing with an INR48 crore investment.

Theater announced an INR75 crore Series A in September 2026, led by Niveshaay Sambhav Fund. Physis Capital and existing backer Prath Ventures participated. The financing also included FirstPort Capital, Skagen Ventures, Saket Agarwal, Vishal Julka and IPV International.

The Indian fashion and accessories brand plans to expand its physical retail presence across Tier 1 and Tier 2 cities and invest in brand building. Theater sells footwear, stockings, bags and fragrances, combining its digital sales channels with a growing offline presence.

Use of funds

Expand offline retail in Tier 1 and Tier 2 cities

Invest in brand building

Funding history

Series A · This round₹750M

Sources

  1. Theater Series A financingniveshaay.com · Sep 14, 2026
  2. Theater Series A financingentrackr.com · Sep 10, 2026
  3. Theater Series A financingentrackr.com · Sep 9, 2026