Samsonite, a global luggage leader, faces new digital-first competitors in India. The company prioritizes brand value over deep discounts, ...

Launched in May 2025, the Bengaluru-based company sells travel bags and accessories for everyday as well as vacation travel. The fresh fund...

A consortium led by Multiples Alternate Asset Management and Samvibhag Securities is set to acquire a 32% stake in VIP Industries from the ...

The partnership includes co-developing a product line for sportspersons. This reflects a wider trend of cricketers turning investors. Upper...

Samsonite attributes its weak performance in Asia to intense competition and discounting by VIP and Safari in India, impacting sales of its...

Discounting levels in India's luggage market are unsustainable, affecting profitability, says Samsonite CEO. Samsonite surpassed VIP Indust...

India's consumer market is witnessing a shift with homegrown digital-first brands challenging established players. Brands like Mokobara, Sn...

India's new-age consumer brands, catering to Gen Z and millennials, are attracting substantial venture capital. Brands like Mokobara, Sugar...

Accel invested $9 million in Uppercase, raising the luggage brand’s valuation to $60 million. The funds are aimed at expanding retail store...

The money came from the Singularity Early Opportunities Fund, Narendra Rathi of the SoftBank Vision Fund, and Sulabh Arya of Goldman Sachs ...

Eume plans to open its first flagship store this year, starting in Mumbai and tapping the aspirational population in tier II and III cities...

Uppercase–a luggage brand started by former VIP Industries MD Sudip Ghose–is in talks with Flipkart-backer Accel to raise new capital, sour...

Mokobara's existing backers Sauce VC and Saama Capital have also participated in the Series B funding round. Peak XV invested around $9.4 m...

India's travel renaissance is driving a luggage revolution, with sales doubling. Global brands like Tommy Hilfiger and Delsey Paris are gro...

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 ...

This comes at a time when venture investors are increasingly looking to place fresh bets on new-age brands that are scaling offline presenc...

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