SucSEED Ventures invests into 6Degree – India’s leading fashion business platform – through the Pre-Series A round funding to expand itself into Fashion Commerce & Retail Management Platform segment.
Notably, Kieretsu Forum had earlier invested seed capital in 6Degree.
The fund will be utilised for bringing democracy in style to consumers and enable the local designers to expand themselves globally.
More on the same, Nikhil Hegde, Co-founder of 6Degree, said “With large base of designers & fashion professionals on the 6Degree network, there has been a need to leverage this asset and enable growth to the local talent and engage with customers worldwide.”
Nikhil also said “6Degree has strong existing partnerships and have been able to add business value to over 500 emerging fashion designer brands by giving them access to national and international markets.”
With a network of over 15,000 professionals and home to 4,000 fashion designers, 6Degree also has collaboration with over 100 multi-brand stores and leading fashion platforms such as IMG Reliance, Lakme Fashion Week, Fashion Design Council of India, among others.