Women’s activewear brand BlissClub has raised $2.25 million in seed funding led by Elevation Capital. Existing angel investors Neeraj Arora (ex-CBO, WhatsApp), Kunal Shah (founder, CRED), Rahul Mehta (… DST), Pam Lee (ex-Lululemon executive), Ashish Goel (founder, Urban Ladder), Chakradhar Gade (founder, Country Delight), and Good Capital, also participated in the round. BlissClub will use the funds to grow the team, for product development and marketing, it said. The company is currently Ebitda-positive, it said in a statement.

— The Economic Times

Sahai & Co advised BlissClub Fitness led by partner Savyasachi K Sahai and associate Kushagra Aman.

IndusLaw represented leading investor Elevation Capital in the deal led by partner Mayukh Dutta and associate Nishihi Shah.

2021-05-20

Deal value: INR 16.4 crores (USD 2.25 million)

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