Stage 3, a platform for renting and buying designer outfits at a discounted price, is looking to raise USD 2.5 million in a fresh round of funding as it ramps up operations and opens offline stores.
The company, founded by Sabena Puri, Sanchit Baweja and designer Rina Dhaka in March 2016, has plans to open 15 stores in the next 2-3 years in metro cities.
"We are on the verge of closing another round of funding in the next 2-3 months. We are looking at raising USD 2.5 million. We will use these funds for building our brand and offline expansion," Puri told
(This article has not been edited by Zeebiz editorial team and is auto-generated from an agency feed.)
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