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.
“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.