Nap Chief raises Rs 2 crore in seed round

nap chief funding

Nap Chief, D2C kid’s wear brand, announced that it has raised Rs 2 crore in a seed round from Titan Capital and other angel investors.

Established in 2019 by the brother-sister duo Raghav Gupta and Pooja Gupta, the Coimbatore-based startup plans to use the freshly raised funds to increase hiring and extend its brand presence.

Speaking about the funding, Raghav Gupta, Co-Founder of Nap Chief said, “We are excited to build a 100% Made-in-India brand to challenge international labels selling in India. We rely heavily on our customers for feedback to make sure we consistently deliver. The kind of traction we have gotten is an indicator of the booming D2C space.”

Nap Chief is positioning itself as a go-to stop for parents looking to buy clothes for their kids. The startup claims to use organic and sustainable processes to make garments.

Commenting on the investment, Bipin Shah, Partner at Titan Capital, said“With their unique combination of industry experience and a customer-centric approach, Nap Chief has the potential to become an iconic brand. We look forward to partnering with them on their journey”.

Nap Chief claims that it has already acquired more than 10,000 customers and has grown fourfold during the last year through bootstrapping. It claims that its revenue currently stands at around Rs 5 crore and that the company is profitable.

Nap Chief Co-Founder Pooja Gupta added, We are grateful for the community that has supported us as a homegrown brand. We aim to be a conscious brand by investing further in sustainable processes and driving trends by designing unique products.”

The D2C segment is emerging as a very solid category in the digital commerce market. This has allowed young brands to create a niche for themselves in the online space by building a loyal group of customers.

Nap Chief seems to have an amazing growth trajectory in just a short time since its launch. I believe the company will reach new heights of success in the time to come. My best wishes to the team of Nap Chief.

Shishir Gupta, Founder and CEO, StartupLanes

Don’t keep wondering about funding, you can also raise funds. Learn how to raise funds here: Yes I want to raise funds.

If you are an emerging startup and are looking for investors to raise funds, StartupLanes has its own angel network and investment banking services and is connected to angel investors and VCs in 15 countries that ensure that our member startups have easy access to external funds to scale up constantly.

You can subscribe to our news posts by entering your email in the box on the right side of this page.

Check out our YouTube channel for insightful content from the Indian startup ecosystem.

Or join our Whatsapp group to interact with other founders: Yes, I want to join the Whatsapp group.

The right investment is key to beating inflation and growing your wealth. Do you wish to become an angel investor? Yes, I want to be an angel investor.

Are you a startup and facing challenges in your business? Do you want to grow your business? It is not as difficult as it sounds. Learn how to grow your business here- Yes, I want to grow my business.

For publishing an advertorial article about your company on our website, drop an email at taniya@startuplanes.com