Louis Stitch, a men’s fashion company, receives INR 5 crore in a pre-Series A fundraising round from Space World Group, a conglomerate with interests in industries like manufacturing, infrastructure, telecom, and chemicals, among others.
With the funding, the company hopes to broaden its offering of men’s clothing while also improving its retail operations across India. In FY24, Louis Stitch will open its initial brand store, which will feature a wide selection of clothing, accessories, and footwear designed for ambitious Indian men. The brand also plans to expand its commercial network across significant urban areas, as reported by Entrepreneur.com
“We are honoured to have Space World Group as our investor, a company deeply invested in technology and innovation similar to the ethos of Louis Stitch. With this round of funding, we are committed to deliver on our promise of curating a line that addresses all fashion needs of Indian men, under one brand whilst expanding our retail presence in India to provide a world class retail experience to the customers,” said Amol Goel, founder and CEO, Louis Stitch.
“Louis Stitch has been a trailblazer in men’s wear fashion, bringing premium quality products at affordable prices for Indian men. This funding signifies a powerful stride towards amplifying the brand’s commitment to finest quality, and manufacturing expertise, catering to an expansive clientele within India and beyond. With the launch of the brand’s first-ever outlet in tow, it is exciting to see what Louis Stitch has in store for in the years to come,” said Ankit Goel, chairman, Space World Group.
About Louis Stitch
Amol Goel started Louis Stitch in 1987. An internationally recognised high-end luxury brand, Louis Stitch, will open its first-ever brand store, offering a wide selection of clothing, accessories, and shoes made for desirable Indian men. All of the products are separately handmade using the world’s finest leathers—many of those are even extremely hard to find and the leathers are 100% pure; they haven’t been treated with paint or pigment to cover up natural flaws.