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MOKOBARA 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 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, ...
- 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...
- 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...
- India's new taste & tastefulness marketIndia's consumer market is witnessing a shift with homegrown digital-first brands challenging established players. Brands like Mokobara, Sn...
- 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...
- 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 ...
- Premium luggage maker Eume raises Rs 15 crore in funding round led by Ashish KacholiaEume plans to open its first flagship store this year, starting in Mumbai and tapping the aspirational population in tier II and III cities...
- 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...
- D2C luggage brand Mokobara raises $12 million in funding from Peak XV Partners, existing investorsMokobara's existing backers Sauce VC and Saama Capital have also participated in the Series B funding round. Peak XV invested around $9.4 m...
- 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...
- New-age luggage brand Mokobara's operating revenue grows four-fold in FY23, losses widen 78%Mokobara’s total expenses of about Rs 61 crore in FY23 is nearly three times higher than the Rs 16 crore it spent in FY22. The purchase of ...
- Peak XV in talks to invest in new-age luggage brand MokobaraThis comes at a time when venture investors are increasingly looking to place fresh bets on new-age brands that are scaling offline presenc...
- Amazon Wardrobe Refresh Sale 2022: Minimum 50% off on LuggageShop the best selection of luggage on sale. From the variety of brands, find the perfect piece of luggage to fit your needs and budget. We ...
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