• Chethan Machaknur

Kids Apparel Brand Hopscotch Raises $25 Mn From EE Capital, RPG Ventures


Online retailer for children’s clothing brand in the up-to-10 age group Hopscotch has raised $25 Mn from Facebook cofounder Eduardo Saverin’s investment arm EE Capital, Lionrock Capital, Rise Capital, RPG Ventures and IIFL Seed Ventures Fund.


Angel investors including Wei Yan, the cofounder of Diapers.com, and Techpro Ventures, the fund owned by Atul Nishar, the founder of Aptech, also participated in the investment round.


Hopscotch’s founder Rahul Anand said, with an average basket size of INR 1,500 and 2.5 units sold per shipment, the company has swung from losses to EBITA profitability. 

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