[Funding News] Halden Raises Rs 5 Cr Funding Round from Prajay Advisors

Halden, a luxury men's brand located in Mumbai, has secured 5 crore rupees in a seed funding round, with Prajay Advisors as the leading investor.

Halden stated that the newly acquired cash will be utilized to enhance its market presence and broaden its line of products.

Halden's objective is to offer inexpensive access to high-end luxury products. The startup produces a range of products including belts, eyewear, accessories, travel goods, and business needs.

Haldèn asserts that it has catered to more than 100,000 customers since its establishment, spanning both tier I and tier II cities. The firm plans to broaden its physical presence and improve brand exposure, boost revenue, and enter new online and retail sectors.

Halden facilitates the expansion of the luxury market in India by providing high-end, reasonably priced luxury goods that are within reach of a wider demographic.

About Halden

Founded in 2019 by Anuj Beriwal and Mukund Singhal, Halden aims to provide access to premium luxury products at an affordable price. The startup manufactures belts, sunglasses, accessories, travel goods, and business essentials.

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