Omnichannel watch retailer JUST IN TIME has raised Rs 80 crore from seasoned investors Ashish Kacholia, Lashit Sanghvi and associates, a top company official said on Monday.
The fresh capital infusion will help the company in its pan-India expansion and strengthening the omnichannel presence, Rajesh Chheda, Founder & Managing Director, JUST IN TIME, said.
“With their (investors’) support, we are set to scale our presence, strengthen our digital ecosystem, and redefine the watch retail experience in India,” Chheda said.
JUST IN TIME has a portfolio of 55-plus international and private-label brands and operates over 80 stores across 18 cities. Along with its network of multi-brand outlets, the company also operates exclusive brand outlets for leading global brands.
“India’s premium watch retail industry is witnessing exponential growth. JUST IN TIME has the right leadership, strong brand partnerships, and a proven omnichannel strategy to capture this opportunity. We are delighted to be their growth partner in this exciting journey,” said Kacholia.
