Each Friday the Global Corporate Venturing Deal Net rounds up the week’s smaller deals and tracks the emerging companies accessing corporate funds.
India-based pop culture merchandise retailer Souled Store has raised $3m in a funding round led by RP-SG Ventures, the early-stage investment arm of diversified group RP-Sanjiv Goenka. The money will help Souled Store boost its manufacturing and backend capabilities, launch additional product lines and increase its presence in brick-and-mortar stores. The company collaborates both with established international brands such as Disney and WWE and with local artists and sports franchises to create dedicated merchandise such as t-shirts and phone covers.
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Thierry Heles
Thierry Heles is editor-at-large of Global University Venturing and Global Corporate Venturing, and host of the Beyond the Breakthrough podcast.