Designers and business partners discuss new ethnic wear collections and AI integration in a studio.
Alaya By Stage3, an Indian wear brand, has successfully secured seed funding to bolster its expansion within India’s burgeoning ethnic wear market. The capital infusion is earmarked for enhancing operational capacity and strengthening its supply chain, with a significant focus on integrating Artificial Intelligence (AI) to drive efficiency.
The company has set an ambitious target of achieving Rs 50 crore in Annual Recurring Revenue (ARR) within the next two years. This strategic investment is designed to accelerate Alaya By Stage3’s growth trajectory and solidify its market position.
Looking ahead, Alaya By Stage3 plans to pursue a larger institutional funding round later this year, indicating confidence in its business model and future prospects.
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