At a valuation of US $ 279 million, omnichannel fashion retailer Rare Rabbit, a division of its parent business Radhamani Textiles Private Limited, has obtained US $ 5.77 million (Rs. 50 crore) from current investor A91 Partners.
A91 Partners, NkSquared (supported by Nikhil Kamath, a co-founder of Zerodha), Gruhas, and Manyavar founder Ravi Modi’s family trust, as well as Vedant Modi, participated in the previous US $ 17.31 million (Rs. 150 crore) investment round in June 2024.
Under the parent company House of Rare, Rare Rabbit has expanded into women’s clothing (Rareism) and children’s clothing (Rare Ones), with a primary concentration on high-end menswear under the Rare Rabbit brand.
In response to growing demand, the firm says it has increased both its online and offline presence, now having over 100 stores around India.
