D2C luggage startup Mokobara raised $6.5 million in Series A round led by Saama Capital and Sauce VC
Deepika Padukone-Backed D2C luggage startup Mokobara raised $6.5 million in Series A round led by Saama Capital and Sauce VC where Alteria Capital, Panthera Peak Ventures, Good Capital and individual investors including Varun Alagh from Mamaearth, Ashish Goel from Urban Ladder, founders of Licious, Ramakant Sharma from LivSpace, Raul Rai from Good Earth and Chona Family Office also participated.
On its online platform, Mokobara sells a variety of luggage, travel bags, wallets, kits, and sling bags. The new funds will be used to expand research and design. It will use the funds to expand into new categories, expand its team, and open experience centres. Deepika Padukone, a Bollywood actress, is an investor in Mokobara. It also provided security.