Chumbak secures funding from Gaja Capital Fund
Bengaluru-based lifestyle brand Chumbak has raised INR 7.39 Cr in a Pre- Series E round from Gaja Capital Fund (GCFII-A). The total amount raised by the company is INR 7,39,94,022. GCFII-A is based in Mauritius in Africa. Founded in early 2010 by Vivek Prabhakar and his wife Shubhra Chadda, the company initially focused on creating colourful souvenirs inspired by pop culture and Indian folk art.