Mumbai based Macmerise Celfie Design has raised $1 million in Pre series A round from Inflection Point Ventures.
Other investors who participated in this pre Series A round with Amitabh Bachchan, Ajmera Group, Tarun Katial, NAFA Capitals and many amongst others.
The funds will be used in improving his tech infrastructure, Including more brands and celebrities for company’s marketing and reaching a wider audience and developing new products.
“We truly believe the world of merchandising is changing and at Macmerise we have created our products, tech and business model to lead this change from the front. Our conquest is to simplify the customer journey in their search of buying their favorite designer merch. We aim to join hands with leading celebrities/creators of this generation to build their authentic range of designer products and manage the complete supply chain cycle of these brands” Said, sahil shah, Founder & CEO, Macmerise Celfie Design.
Macmerise Celfie Design Pvt Ltd was founded in Oct 2016 by sahil shah. The company’s customers are spread in India as well as in China and UAE.
Mitesh Shah, Co-Founder, Inflection Point Ventures says, “Creative and expressive merchandise is fast emerging as a preferred category for GenZ and millennials who are looking for brands that speak their lingo. Within e-comm, we see the creative fashion and accessories space becoming bigger and by the very nature of their business it will drive higher customer loyalty. MCD as a company aims to tell your story through your accessories and as investors, we find this proposition promising in terms of growth and scale.”