Reliance Capital & Singapore Company Invests Over $1 Mn In Gurgaon Based Luxury Hues

Reliance Capital & Singapore Company Invests Over $1 Mn In Gurgaon Based Luxury Hues

Gurgaon-based startup Luxury Hues, a marketing consultancy and shopping venture for luxury goods has raised about $1 Mn (INR 6 Cr.) in a funding round from Reliance Capital and investment banker Ravi Viswanathan.

Luxury Hues was founded in 2009 by Amit Dutta and Peter Raj Kapoor. According to Dutta, co-founder of Luxury Hues, the portal will offer high-end brands at ‘the best wholesale’ prices. However, it won’t be a platform for top luxury brands such as Dior, Prada, Louis Vuitton or Gucci, but more for next-in-line labels that are ‘more affordable.’

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