Aretto, the kids footwear brand announced successful completion of its seed funding round. The company secured $550K from a clutch of angel investors and advisors, which included renowned cricketer Hardik Pandya; Abhineet Singh(Co-founder of VegNonVeg and Founder Brewhouse), Shyam Raichura (MD of Aan Group), Raunak Munot (Ex-CMO of Bombay Shaving Company), investment banking firm Veromint Advisors, Vinayak Shrivastav (Co-founder Videoverse), and Kunal Sumaya (MD Julius Bear).
Aretto offer technologically designed shoes that adapt to the shape and size of kids’ feet as they grow. The company mentioned that it will strategically channel and utilise the funds to expand its market presence, drive team expansion, and increase research and development efforts to introduce newer product ranges.
Satyait Mittal, CEO Aretto commented, “We are immensely grateful for the support and trust shown by our investors at this crucial stage of Aretto’s journey. Each investor is a mentor in their own capacity and a well-wisher of the brand, sharing our larger vision and belief in the team’s determination and grit. This seed funding is not only a testament to our investors’ confidence in our innovative kids’ technology, but it also reiterates our commitment to revolutionizing the industry.”
Aretto offer technologically designed shoes that adapt to the shape and size of kids’ feet as they grow. The company mentioned that it will strategically channel and utilise the funds to expand its market presence, drive team expansion, and increase research and development efforts to introduce newer product ranges.
Satyait Mittal, CEO Aretto commented, “We are immensely grateful for the support and trust shown by our investors at this crucial stage of Aretto’s journey. Each investor is a mentor in their own capacity and a well-wisher of the brand, sharing our larger vision and belief in the team’s determination and grit. This seed funding is not only a testament to our investors’ confidence in our innovative kids’ technology, but it also reiterates our commitment to revolutionizing the industry.”
Denial of responsibility! TechCodex is an automatic aggregator of the all world’s media. In each content, the hyperlink to the primary source is specified. All trademarks belong to their rightful owners, and all materials to their authors. For any complaint, please reach us at – [email protected]. We will take necessary action within 24 hours.
Alex Smith is a writer and editor with over 10 years of experience. He has written extensively on a variety of topics, including technology, business, and personal finance. His work has been published in a number of magazines and newspapers, and he is also the author of two books. Alex is passionate about helping people learn and grow, and he believes that writing is a powerful tool for communication and understanding.