ONYA raises ₹12.5 crore pre-Series A
Divisa Family Office led the financing, with returning investor Zeropearl VC participating.
The ₹12.5 crore round follows ONYA’s separate ₹5.5 crore seed. The company plans to expand through company-owned stores and franchises and invest in digital customer acquisition and online personalization.
ONYA reports eight stores across Bengaluru, Pune and Hyderabad and ₹3.5 crore in monthly recurring revenue. The financing will also support product design and manufacturing research and development.
Use of funds
Expand the retail footprint through company-owned stores and franchises
Increase digital customer acquisition and online personalization
Invest in product design and manufacturing R&D