The ultra-fast fashion brand Littlebox, targeting Gen Z, has secured Rs 17.5 crore (around $2.1 million) in a seed funding round co-led by Huddle Ventures and Prath Ventures, with contributions from various angel investors.
The capital raised by Littlebox will be allocated to category expansion, improvements in UI/UX, packaging, logistics, and marketing initiatives.
Founded in 2022 by Rimjim Deka and Partha Kakati, the startup based in New Delhi operates using a real-time retail model. It launches new fashion SKUs weekly and uses a proprietary demand forecasting algorithm to reduce dead stock and improve margins. Littlebox’s inventory cycles every 15 to 25 days, a pace more akin to social media virality than retail convention, unlike traditional seasonal fashion cycles.
Deka, the founder of Street Style Store (established in 2012), characterized the new funding as a “growth engine” rather than a lifeline. She stated, “Our origins in Guwahati taught us to build lean, remain grounded, and move quickly.”