Modern innerwear and shapewear model Pinq Polka has raised Rs 4 crore in a pre-Sequence A funding spherical led by Inflection Point Ventures (IPV), a Gurugram-based angel funding platform.

The startup will use the raised capital to scale advertising for shapewear class, strengthen its group, and help working capital necessities.

Based in 2017 by Manveen Ssharma, Pinq Polka, which appeared on Shark Tank India Season 4, claims that it has quickly scaled its presence within the way of life and private put on phase.

Over the previous three years, the startup has recorded practically 19X progress, with income growing from Rs 1.22 crore to Rs 20 crore.

“The innerwear and shapewear market in India is evolving quickly as customers more and more prioritise on a regular basis consolation, match, and self-expression. Pinq Polka has constructed a differentiated model by specializing in actual shopper wants and creating merchandise that resonate with trendy girls. Their robust progress trajectory and model recall place them properly to scale within the fast-growing way of life and shapewear phase,” stated Vinay Bansal, Founder CEO, Inflection Level Ventures.

Manveen Ssharma, Founder, Pinq Polka, stated, “From day one, PINQ POLKA has targeted on fixing actual, usually neglected challenges in girls’s innerwear by means of considerate design and analysis. With Inflection Level Ventures approaching board, we’re accelerating our imaginative and prescient to construct India’s most trusted comfort-first innerwear and shapewear model—one which not solely innovates persistently, but in addition leads the class in how girls expertise on a regular basis necessities.”