Enchante Brands Private Limited, dba Escape Plan, has raised $25 million from a Series A fundraise led by Jungle Ventures, with participation from Fireside Ventures and IndiGo Ventures.
Argus Partners advised lead investor Jungle Ventures on this fundraise.
The transaction team consisted of Abhinav Bhalaik (Partner), Vallishree Chandra (Partner) and Srishti Sneha (Associate).
Escape Plan is a travel products-focused retail platform.
The fresh capital will be used to strengthen Escape Plan’s brand, pricing, and distribution across India and select international markets. The company also plans to deepen its omni-channel presence across metro and other cities, while investing in technology and product innovation to strengthen control across its value chain.
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