D2C online brand Flatheads has raised $1 million in its pre-Series A round drove by We Founder Circle and Dexter Angels. Marquee investors, for example, Gaurav Kapur of Oaktree Sports, Sahil Barua of Delhivery and Radhikha Ghai of ShopClues have likewise participated.
The funding proceeds will be utilized to expand its presence in the international markets and product differentiation, said Flatheads in a press release.
Started by MomoE founders Utkarsh Biradar and Ganesh Balakrishnan, Flatheads is a men’s casual footwear brand that plans the entire day wear casual sneakers for discerning urban crowds. Flatheads professes to be the first Indian brand to introduce bamboo fiber shoes that are interestingly appropriate for the Indian tropical climate.
Start-up investment platform, We Founder Circle has made 16 investments including this round. Last week, it drove a $500K bridge round in vernacular edtech platform Vidyakul.
