Madsto Secures Seed Funding Led by Prajay Advisors for Fashion Expansion
- ByStartupStory | October 20, 2023
Fashion retail brand Madsto has successfully raised an undisclosed amount in a seed funding round led by Prajay Advisors LLP, based in Mumbai. The funding round was meticulously advised and facilitated by capitalCORN, a specialized platform dedicated to assisting early-stage startups in their fundraising efforts. This investment is poised to significantly propel Madsto’s growth trajectory in the fiercely competitive fashion retail industry.
Founded by Prashanth Sathri, Madsto has swiftly emerged as a prominent youth-oriented clothing brand that offers a range of trendy apparel at affordable price points. The brand’s commitment to providing fashionable yet accessible clothing has garnered attention and support in the market, making it a compelling player in the fashion industry. The funding injection will enable Madsto to further enhance its offerings, expand its market presence, and solidify its position in the dynamic world of fashion retail.
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The seed funding round signifies a vote of confidence in Madsto’s business model and its potential for expansion. With the backing of Prajay Advisors LLP and the guidance of capitalCORN, the brand is well-positioned to continue its journey of delivering affordable style to the fashion-conscious youth.
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