
Niveshaay Sambhav Fund leads Theater’s ₹75 Cr fundraise with a ₹48 Cr investment, backing its next phase of growth in Indian fashion.

At Niveshaay, we look for businesses that are not just participating in a category, but reimagining it.
We are excited to announce our investment in Theater through the Niveshaay Sambhav Fund, leading its ₹75 Cr fundraising round with a ₹48 Cr investment, at an entry valuation of ₹340 Cr.
From our very first interaction, Theater stood out as a design-first fashion house reimagining shoes, stockings, bags and accessories for Modern India. Its commitment to category-defining design, quality and deep consumer resonance makes it a compelling brand in the direct-to-consumer space.
We are thrilled to partner with Sarthak Aggarwal, Karan Jain, Vikram Jain, Shruti Agarwal and the entire team at Theater as they scale the brand and build one of India’s most compelling fashion and lifestyle businesses.
Congratulations to the entire team on this milestone. We look forward to being part of the exciting journey ahead.