India, March 23 -- India's $3.7 Bn handbag market has long been divided between luxury brands that remain out of reach for most and budget-friendly options that often lack quality and design.

While giants like American Tourister and Safari dominate the travel segment, many new-age D2C brands like Zouk, Scarters, Mokobara, and Chumbak are making waves in this segment.

Amid this, Mohit Jain, founder and CEO of MIRAGGIO, saw a significant gap in high-quality, stylish handbags that are both accessible and affordable.

Jain's entrepreneurial journey began in Canada with a dropshipping business, but he longed to create something he could connect with on a deeper level.

Raised in an entrepreneurial family, he learned early on about the value ...