India, July 16 -- Update | July 16, 9:50 PM

About one and a half months after Inc42 reported that quick fashion startup KNOT would be raising fresh capital, the startup announced the closure of its pre-Series A round with a fresh funding of $3 Mn. The round was led by Kae Capital and saw participation from Sparrow Capital, Boundless VC, Aukera Jewellery's Kumar Saurabh as well as existing investors WEH Ventures and All In Capital.

KNOT said that it will use the fresh capital to double down on product development, expand beyond Mumbai and grow its roster of brand partnerships.

The startup claims that, since its launch, it has partnered with over 70+ leading brands including SNITCH, Bonkers Corner, The Souled Store, The Bear House, and O...