BlissClub, an active life wear brand for Indian women, has raised $18 million in funding. Out of this, it raised $15 million in its Series A round, led by Eight Roads Ventures and Elevation Capital. It raised $3 million in debt from Stride Ventures.
The company has seen 25X growth in just 10 months, having gone from raising a seed round in May 2021 to current Series A in less than a year. The company said it is on track to becoming one of the fastest brands to hit the Rs 100 crore annual recurring revenue (ARR) milestone in India.