D2C Luggage Brand Mokobara Bags ₹170 Cr

Travel and lifestyle brand Mokobara has raised ₹170 Cr (about $18 Mn) in a Series C funding round led by Sauce.vc. The round also saw participation from Peak XV Partners, AYRA Ventures, Niveshaay Investment and other existing backers. As per a social media post by Sauce.vc’s vice president Karan Kathpalia, the VC firm led the round with a ₹109 Cr infusion in its portfolio startup.