Mokobara closed a Series C funding round of ₹170 Cr (approximately $18 Mn) led by Blume Ventures, with participation from Kalaari Capital, Elevation Capital and existing backers. The proceeds will be directed toward expanding the product portfolio, strengthening the supply chain network and scaling marketing efforts across Tier 1 and Tier 2 cities.

Founded in 2019 by former Myntra executives, Mokobara now offers over 150 SKUs spanning hard‑shell suitcases, soft‑sided bags and travel accessories. The brand reports an annual run rate exceeding ₹200 Cr and claims a 30% year‑on‑year growth in FY24, driven by strong demand for lightweight, stylish luggage among urban millennials and Gen Z travelers.

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