Prajay Advisors financed a seed fundraising round for the direct-to-consumer devotion and fashion brand PrabhuBhakti, which raised an unknown amount.
“This capital injection will enable us to expand our product range, reach new markets,” said Samast Ahlawat, Co-founder, PrabhuBhakti.
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Capitalcorn, a platform for early-stage business financing, advised and assisted with this deal. Prajay Advisors used NA Shah Advisors as a transaction adviser.
Ahlawat continued, “The startup also wants to grow 10x by growing both its user base and the range of products it offers.”
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Intending to unite tradition and contemporary, Prabhubhakti creates distinctive spiritual goods that appeal to young people.
“The company bridges the gap between faith and fashion by offering a range of religious products designed to resonate with today’s youth,” added Prakash Mody, founder, Prajay Advisors.
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About PrabhuBhakti
Established in 2021 by Samast Ahlawat and Raju Kumar, PrabhuBhakti is primarily focused on three areas: clothing, silver jewellery, and in-demand puja goods.
PrabhuBhakti is a consumer brand that was founded in 2021 by Samast Ahlawat and Raju Kumar. It specialises in three main areas within the spirituality and devotion space: clothing, silver jewellery, and puja products.
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