Aretto raises Rs 4.5 cr in funding round

Funding News

Aretto raises Rs 4.5 cr in funding round

Published on August 17, 2023

Kids footwear brand Aretto has raised USD 550,000 (about Rs 4.5 crore) in a funding round led by cricketer Hardik Pandya, and investment banking firm Veromint Advisors.

Other investors in the round included Bombay Shaving Company ex-chief marketing officer Raunak Munot, VegNonVeg co-founder and founder of Brewhouse Abhineet Singh, Aan group managing Director (MD) Shyam Raichura, VideoVerse Co-Founder Vinayak Shrivastav and Julius Baer MD Kunal Sumaya.

Also read: Infosys Foundation commits over Rs 100 cr for girl students’ STEM scholarship

The company — founded in 2020 by Satyajit Mittal and Krutika Lal — said it will use the funds to expand its market presence, team, research and development.

Related Topics:Aretto, cricketer Hardik Pandya, Featured, FUNDING, Kids footwear brand, USD

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Also read: Infosys Foundation commits over Rs 100 cr for girl students’ STEM scholarship

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