Techno Sportswear is a Bengaluru-based startup that has secured $25 million in a round led by the  investment fund A91 partners. The startup closed its first funding round with Rs 208 crore. The startup  has branches in the United Arab Emirates and South Africa. This startup wants to get globally and  locally recognized for its sustainability and affordable clothing material. 

Founded by Sunil JhunJhunWala, this startup provides an online platform that offers top-class  sportswear for men and women. The company claims to provide the best quality activewear at  affordable prices which also cares about the environment. The startup leveragestechnology, style, and  fitness to create sportswear that is affordable, sustainable, and comfortable. The startup was formed  in the textile hub of Tirupur in Tamil Nadu and 13 years later it expanded to the region of South Africa  and UAE. The brand makes products to meet fashion trends, technological advances, and market  conditions. 

Image source: technosport.in 

Economic Times reported that A91 Partners, founded by Peak XV partners, VT Bharadwaj, Gautam Mago, and Abhay Pandey are focusing on investing in technology-based, customer-based, and financial service-based startups. This investment of $25 million in Techno sportswear can be seen as one of the  steps toward this strategic plan. The startup claims to have made more than 12 million activewear since its inception. The company started with 5 employees and now has over 500 employees working  under them.  

Techno Sportswear, a Bengaluru-based activewear startup has raised $25 million in its seed funding  round. The funding round saw participation from Sequoia Capital’s A91 partners. Other investors  include entrepreneurs in the consumer tech industry. These fresh proceeds will be used toward scaling  up operations, fulfilling working capital requirements, and supporting the general corporate process while aiming for market expansion. The startup aims to enhance its platform to offer a seamless  experience to its customers. The startup claims to use branding to improve the quality of life for its customers and clients.  

Conclusion: 

A Bengaluru-based sportswear startup, Techno Sportswear has secured $25 million in a funding round  led by A91 partners. This startup provides an online platform that offers top-class sportswear for men  and women. The startup was formed in the textile hub of Tirupur in Tamil Nadu and 13 years later it  expanded to the region of South Africa and UAE. The brand makes products to meet fashion trends,  technological advances, and market conditions. The company claims to provide the best quality  activewear at affordable prices which also cares about the environment. The startup leverages technology, style, and fitness to create sportswear that is affordable, sustainable, and comfortable.  The startup closed its first funding round with Rs 208 crore. The startup has branches in the United  Arab Emirates and South Africa. A91 Partners, founded by Peak XV partners, VT Bharadwaj, Gautam Mago, and Abhay Pandey are focusing on investing in technology, customer, and financial service-based startups. The company aims to get global and local recognition for its sustainability and  affordable clothing material.