Eume: The Rising Star in Premium Luggage Industry

June 27, 2024, 3:35 pm
EUME
EUME
BrandClothingE-commerceFashionMarketOfficeProductTravel
Location: India
Employees: 11-50
Founded date: 2018
Total raised: $2.5M
Eume, the premium luggage maker, has secured a whopping Rs 15 crore in funding led by investor Ashish Kacholia. This environmentally conscious brand is on a mission to revolutionize the luggage industry with its sustainable products.

Eume, founded by Naina Parekh, is soaring to new heights with this recent funding round. The funds will be utilized to streamline operations, expand the team, drive innovation, build an offline retail presence, invest in technology, and enhance brand awareness.

With a diverse product portfolio that includes luggage, backpacks, vegan handbags, and accessories, Eume is catering to the needs of modern travelers. The brand aims to offer affordable luxury through its innovative and stylish multi-purpose accessories for everyday commuters, jetsetters, and family travelers.

In a world where Indians are traveling more than ever before, Eume is well-positioned to capitalize on this trend. The company's focus on quality, style, and functionality has earned it a loyal customer base and a place on the shelves of major retailers.

Ace investor Ashish Kacholia expressed his confidence in Eume's value proposition, highlighting the brand's ability to offer stylish, premium products at value prices. With a unique mother/son founding team at the helm, Eume is set to drive profitable growth and continue its journey towards success.

Eume has recently launched a premium travel luggage collection, featuring India's first 100% aluminum luggage, along with other stylish designs with personalization options. The brand's expansion plans include targeting major metro areas, Tier-1 and -2 cities, and establishing its first flagship store in 2024.

As Eume continues to make waves in the premium luggage industry, it is clear that this rising star is here to stay. With a focus on sustainability, innovation, and style, Eume is set to redefine the way we travel.