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D2C brand Candes raises $3 Mn from Delhi-based family offices

Shortpedia

Content Team
Image Credit: Inc42

Direct to consumer (D2C) brand Candes today announced that it has raised $3 Mn from various family offices of Delhi. This round was led by Anuraag and Ruchirans Jaipuria along with Lotus group Joint MD, Nitin Passi and Redcliffe’s Dheeraj Jain. Delhi-based Candes was founded by brothers, Sandeep and Vipin Agarwal, who spent 10 years in the electrical goods manufacturing industry under their family flagship Vedanta Electricals.