Yoho will use the funds for product development, R&D, marketing, and offline expansion while also focusing on recruiting to support its growth and achieve its ambitious business goals.
The Mumbai-based brand aims to deploy the raised capital towards capacity building and innovation, strengthening offline sales infrastructure, and enhancing brand awareness.
The Bengaluru-based startup aims to deploy the raised funds for business expansion geographically, deepen SKU presence, and build and strengthen capacity.