202012 Nov
Inflection Point Ventures leads seed funding in footwear brand Rapawalk
Type
Funding Rounds
Funding
202012 Nov
$300KSeed
Source
Vccircle
Summary

Ltd, which operates an eponymous online footwear brand, has raised $300,000 (Rs 2.23 crore at current exchange rates) in seed funding. The round in the Bengaluru-based company was led by angel investment platform Inflection Point (IP) Ventures, the startup said in a statement. The company says its bespoke service operates with made-to-fit products and an inventory-light business model to ensure a personalised experience for customers. “Rapawalk being in the D2C (direct-to-consumer) segment, offers a great personalized footwear design and shopping experience while managing the entire customer journey,” IP Ventures founder and CEO Vinay Bansal said. In June, it also led a mid-stage investment round in grocery delivery startup Milkbasket, a rather late-stage bet for Inflection Point Ventures.

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