India, March 7 -- Gen-Z focused fast fashion footwear brand Bacca Bucci has raised INR 21.87 Cr (around $2.5 Mn) in its maiden funding round from family members of industrialist and founder of healthcare company Famy Care, JP Taparia.

The startup's board passed a resolution last month to raise the sum by issuing 20,0240 Series A compulsorily convertible preference shares (Series A CCPS), its regulatory filing accessed from the Registrar of Companies shows.

Ashutosh Taparia, founder and managing director of Ananata Capital, and Sanjeev Taparia, managing director of Famy Care, infused INR 8.2 Cr each in Bacca Bucci. The remaining capital came from JP Taparia.

Anuj Nevatia, cofounder and director of Bacca Bucci, did not immediately respon...