BlissClub Secures Series B Funding
BlissClub Fitness Private Limited, a direct-to-consumer (D2C) athleisure brand, has successfully raised ₹160 crore in a Series B funding round led by Singularity Asset Management Company (AMC). This round also saw participation from prominent industry figures, including Vidit Aatrey, CEO of Meesho, alongside existing investors Elevation Capital and Eight Roads Ventures.
JSA’s Role in the Fundraise
Renowned legal firm JSA Advocates and Solicitors played a pivotal role in advising BlissClub throughout this significant financial transaction. The firm expertly managed the documentation, negotiation, and closure of the deal. The transaction team was led by Rashi Saraf, a partner at JSA, with key support from Principal Associate Rohit Jain and associates Sanjana Sreenath and Vaastu Tyagi.
Strategic Use of Funds
With this fresh influx of capital, BlissClub aims to bolster its offline retail presence and diversify into new product categories, leveraging the funds to expand its market footprint and enhance its product offerings.
Opportunities for Publication
For those interested in having their deals, columns, or press releases featured on Bar & Bench, a form is available to facilitate submissions.
