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New Delhi: Terractive, a Mumbai-based lifestyle activewear brand has raised Rs 8 crore in pre-series A funding round led by Fireside Ventures and DeVC (Matrix Partners), it said in a media release on Thursday.
The company plans to utilize the funds to accelerate fabric development and enhance product innovation.
Co-founders Raena Ambani and Rahee Ambani-Choksi said, “Our goal has always been to create innovative, high-quality apparel that blends comfort & performance, tailored to the needs of the modern India. This funding will empower us to expand our reach and continue pioneering in fabric technology for everyday movement.”
Founded in 2023, Terractive aims to become the go-to choice for premium everyday wear.
