A brand of Metaman, Drip Project announced the closure of its pre-series funding round after raising an undisclosed amount with several high-profile investors in attendance.
Drip Project by Metaman, a Luxury Streetwear Jewellery brand, announced the successful closure of its pre-Series-A funding round, raising an undisclosed amount. The latest round of investment was led by the Blume Founders Fund of Blume Ventures and saw participation from a diverse group of investors.
This latest funding round welcomed several new investors into the Drip Project family, including Ankita Vasista (StrongerHer Venture), Priti Sawant (Joules 2 Watt), Jayakumar Babu (CEO, Argo Trade), Vijaykrishna, Manohar, Arjun Santhanakrishna (Group CEO, GS Global), Ashwin Pai, Amit Bothra, Bharath Hegde, Aniketh Jain (CEO, Co-Founder, Infinities, and Vinod Gowda. The earlier round was led by an illustrious group of unicorn founders and entrepreneurs alike, including Nikhil Kamath (Co-founder, Zerodha), Suniel Shetty (Actor and Entrepreneur), KL Rahul (Indian Cricketer), Rahul Jhangiani (Celebrity Photographer), Robin Uthappa (Former Indian Cricketer) and many more.
With this investment, the company will be able to penetrate the Indian market by expanding its product catalogue from 500 to over 1000 products, expanding its growth and inventory.
Harsh Maskara and Anil Shetty, Co-Founders, of Drip Project by Metaman expressed enthusiasm saying, "Drip Project by Metaman is entering into a new era, especially with the new round of funding that will allow us to accelerate our growth, expand our market reach, and further enhance our offerings to serve our customers better."