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UPPERCASE LUGGAGE BRAND
Listed new-age internet firms brace for a costly ride as war clouds mathThe March quarter was largely stable for companies, with most firms reporting revenue growth in line with expectations and improving operat...- IT cos slash US teams; D2C luggage brands hit turbulenceHappy Thursday! Indian IT firms have begun cutting jobs in their US teams, according to filings. This and more in today's ETtech Morning Di...
- Costly raw materials weigh heavy on D2C luggage companiesNew-age luggage startups like Mokobara, Nasher Miles, and Uppercase face financial strain as raw material costs surge 35-50% due to the Wes...
- Samsonite makes India its biggest manufacturing base, domestic travel & weddings to fuel demandSamsonite has significantly expanded its Nashik plant, making India its largest manufacturing hub with a capacity of 7 lakh units monthly. ...
- Samsonite is happy with its roll in IndiaSamsonite, a global luggage leader, faces new digital-first competitors in India. The company prioritizes brand value over deep discounts, ...
- Packed festive show delivers a big ecommerce hit; sales jump 27%India's festive e-commerce season saw a robust 27% year-on-year sales growth, fueled by GST cuts and strong demand from non-metro cities. A...
- New-age travel accessories platform Escape Plan raises $5 million from Jungle Ventures, Fireside VenturesLaunched in May 2025, the Bengaluru-based company sells travel bags and accessories for everyday as well as vacation travel. The fresh fund...
- Mid-year ecommerce sales spike sets the stage for cracking festive seasonMid-year ecommerce sales 2025: Ecommerce order volumes rose 19% during the July 11–14 sale, driven by strong demand in electronics, applian...
- PE fund Multiples, Sachetis to acquire majority stake in VIP IndustriesA consortium led by Multiples Alternate Asset Management and Samvibhag Securities is set to acquire a 32% stake in VIP Industries from the ...
- Cricketer Jasprit Bumrah backs luggage startup Uppercase as an investorThe partnership includes co-developing a product line for sportspersons. This reflects a wider trend of cricketers turning investors. Upper...
- Samsonite cites discounting by rivals as India sales fallSamsonite attributes its weak performance in Asia to intense competition and discounting by VIP and Safari in India, impacting sales of its...
- Level of discounting in India is not sustainable, says Samsonite CEODiscounting levels in India's luggage market are unsustainable, affecting profitability, says Samsonite CEO. Samsonite surpassed VIP Indust...
- Fashion and lifestyle brand Zouk raises $10 million in round led by Aavishkaar CapitalExisting investors Stellaris Venture Partners, Titan Capital Winners Fund, Sharrp Ventures and the JJ Family also participated. The D2C pla...
- Rising trend of new-age consumer brands attracting VC investors in IndiaIndia's new-age consumer brands, catering to Gen Z and millennials, are attracting substantial venture capital. Brands like Mokobara, Sugar...
- Online merchants under GST scanner; Infosys bonus payoutHappy Wednesday! The rapid growth of digital payments has also increased the scrutiny of online merchants due to surge in cases of tax evas...
- Accel invests $9 million in luggage brand Uppercase; valuation doubles to $60 millionAccel invested $9 million in Uppercase, raising the luggage brand’s valuation to $60 million. The funds are aimed at expanding retail store...
- D2C luggage brand Nasher Miles raises $4 million in bridge roundThe money came from the Singularity Early Opportunities Fund, Narendra Rathi of the SoftBank Vision Fund, and Sulabh Arya of Goldman Sachs ...
- New-age consumer brands trend on deal streetUppercase–a luggage brand started by former VIP Industries MD Sudip Ghose–is in talks with Flipkart-backer Accel to raise new capital, sour...
- Luggage brands on high-growth path as travel industry boomsIndia's travel renaissance is driving a luggage revolution, with sales doubling. Global brands like Tommy Hilfiger and Delsey Paris are gro...
- Best Trolley Bags in India: Stylish and Functional ChoicesAre you looking for the best trolley bags in India? If so, check out this article where we have shared one of the best options for luggage ...
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