Fashion brand Theater raises Rs 75 Cr in Series A round led by Niveshaay

Fashion brand Theater has raised Rs 75 crore in a Series A funding round led by Niveshaay, with participation from Physis Capital and Prath Ventures. Founded in 2021 by Sarthak Aggarwal, Vikram Jain, Karan Jain, and Shruti Aggarwal, Theater is positioned as a mass-premium brand selling footwear, stockings, perfumes and bags. The company will use the funds to expand its offline presence and on brand building.