Contemporary innerwear and shapewear brand Pinq Polka has secured Rs. 4 crore (US $429,000) in a pre-Series A funding round led by Gurugram-based angel investment platform Inflection Point Ventures (IPV).
The company stated that the newly raised capital would be deployed to scale marketing efforts for its shapewear category, strengthen its team, and support working capital requirements as it expands operations.
Founded in 2017 by Manveen Ssharma, Pinq Polka gained wider visibility following its appearance on Shark Tank India Season 4. The brand claims to have rapidly expanded its footprint within the lifestyle and personal wear segment.
Over the past three years, the startup has reported nearly 19-fold growth, with revenues rising from Rs. 1.22 crore (US $131,000) to Rs. 20 crore (US $2.15 million), reflecting increasing consumer demand in the category.
Vinay Bansal, Founder and Chief Executive of Inflection Point Ventures, stated that the innerwear and shapewear market in India was evolving rapidly as consumers placed greater emphasis on comfort, fit, and self-expression. He added that Pinq Polka had built a differentiated brand by addressing genuine consumer needs and developing products aligned with modern women’s preferences, noting that the company’s growth trajectory and brand recall positioned it well for further scale in the expanding segment.
Manveen Ssharma, Founder of Pinq Polka, said that the company had, since inception, focused on addressing often overlooked challenges in women’s innerwear through design and research-led innovation. She added that the partnership with Inflection Point Ventures would help accelerate the brand’s ambition to establish itself as India’s most trusted comfort-first innerwear and shapewear label, with a continued emphasis on innovation and improving everyday wear experiences for women.
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