Premium men’s fashion brand, Louis Stitch, has successfully raised INR 5 crore in a Pre-Series A funding round, which will fuel its expansion plans in the retail space. The funding comes from Space World Group, a diversified conglomerate operating in various sectors such as Telecom, Infrastructure, Chemical, and Manufacturing. With the infusion of funds, Louis Stitch aims to enhance its product portfolio in the men’s wear segment and expand its retail capabilities across India. The brand is set to launch its first-ever brand outlet, offering a wide range of apparel, accessories, and footwear designed for aspirational Indian men. Louis Stitch plans to extend its retail presence to major metropolitan cities during FY24.

The entry of Louis Stitch into apparel wear has received an exceptional response from customers in the last quarter, encouraging the brand to diversify its offerings by launching premium casual footwear in the coming months. The funding will enable Louis Stitch to achieve a significant milestone of attaining INR 100 crore Gross Turnover by the end of FY24.

Ankit Goel, Chairman of Space World Group, expressed enthusiasm about the partnership, stating, “Louis Stitch has been a trailblazer in men’s wear fashion, bringing premium quality products at affordable prices for Indian men. This funding signifies a powerful stride towards amplifying the brand’s commitment to finest quality and manufacturing expertise, catering to an expansive clientele within India and beyond. With the launch of the brand’s first-ever outlet in tow, it is exciting to see what Louis Stitch has in store for the years to come.”

Amol Goel, Founder & CEO of Louis Stitch, shared his vision for the brand’s future, saying, “We are honored to have Space World Group as our investor, a company deeply invested in technology and innovation, similar to the ethos of Louis Stitch. With this round of funding, we are committed to delivering on our promise of curating a line that addresses all fashion needs of Indian men under one brand while expanding our retail presence in India to provide a world-class retail experience to customers. This investment from Space World Group will take our plan for offline retail expansion to new heights and reach all prominent marketplaces across cities, with new product offerings.”

Louis Stitch has established a robust pan India presence through its website and leading e-commerce platforms like Amazon, Flipkart, and Myntra, solidifying its position as the go-to brand for premium men’s fashion, especially for formal styling. The brand takes pride in utilizing high-quality materials and innovative designs, which has earned it a loyal customer base.