Travel And Lifestyle Startup Assembly Bags $2.1 Mn From Prath Ventures, Others

Travel And Lifestyle Startup Assembly Bags $2.1 Mn From Prath Ventures, Others

SUMMARY

Founded in 2019 by Aditya Khanna and Mohit Garg, Assembly offers mass-premium luggage, backpacks and travel accessories tailored for the contemporary traveller

With a focus on deploying fresh capital into approximately 15 startups, Prath Ventures aims to fuel growth and innovation in the consumer sector

This marks the third investment of Prath Ventures from its debut fund, which made its second close at INR 225 Cr last month

New Delhi-based travel and lifestyle startup Assembly has raised $2.1 Mn (around INR 17.4 Cr) in an undisclosed funding round led by Prath Ventures, with participation from Anicut Capital, Blume Founders Fund and a host of angel investors.

The startup will use the fresh funds to expand its team and product range while increasing focus on marketing and branding initiatives.

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