Armour Heavy performance wear closes seed round led by India Accelerator

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Summary

Armour Heavy seeks to offer its customers high fashion clothing boosted with high-performance material.AH plans to allocate the funds in augmenting its operations and scale its online reach and also enhance research & development in high end performance clothing.The International Monetary Fund pared its forecast for Indias growth to 5.9% from 6.1% for the current fiscal year, while painting a bleak picture for the world economy battling tightening financing conditions even as the Russia-Ukraine war rages on and the pandemic lingers.

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