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Women’s fashion brand FabAlley’s parent raises INR 40 Cr to expand offline presence

Shortpedia

Content Team
Image Credit: Inc42

High Street Essentials (HSE), the parent company of women’s fashion brands FabAlley and Indya, has raised INR 40 Cr from Stride Ventures. The funds will be used for expanding HSE’s offline presence by launching exclusive brand outlets (EBOs) consisting of company-owned stores, franchisees and an additional 100 large format retail stores in the next 12-18 months.