[Funding alert] Drip Project Secures Funding from Blume Founders Fund, Others

Drip Project, a high-end streetwear jewellery company, has raised an undisclosed sum in a funding round that was spearheaded by Blume Ventures' Blume Founders Fund.

Ankita Vasista, a partner at StrongerHer Venture, and Priti Sawant, the founder and CEO of Joules 2 Watt, were among the additional investors who took part in the round.

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“With the support of such distinguished names, we aim to evolve in the luxury streetwear jewellery industry of India,” co-founders Harsh Maskara and Anil Shetty said in a joint statement.

According to a statement, the Mumbai-based startup plans to use the funding to increase its product selection from 500 to over 1,000 items, increase inventory, and accelerate its growth.

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Anil Shetty and Harsh Maskara founded Drip Project in 2021. It was bought for $1 million by the Anil Shetty-founded Metaman in 2022. Bracelets, chains, pendants, rings, and earrings are all part of this business's product offering.

About Drip Project

Drip Project is a jewellery line that is influenced by various cultures. With the tagline "Luxury made affordable," they encourage you to let your inner light shine.

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