Archive · 16 Dec 2025
Underneat raises $6 Mn in pre-series round
Underneat is a shapewear brand started by Kusha Kapila and Vimarsh Razdan.
They just got $6 million from Fireside Ventures to help them grow.
This money will help them sell more products and reach more people in India.
The brand has been doing really well, making ₹150 crore in sales every year and is already making a profit.
The founders are happy because their customers love their products and give them feedback to make them even better.
They want to keep making innerwear that fits Indian women well.
Underneat, a shapewear brand, raised $6 million in Pre-Series-A funding from Fireside Ventures.
Existing investor Ghazal Alagh continues to support the brand.
The brand has crossed ₹150 crore in Annual Recurring Revenue (ARR) and is EBITDA positive within 8 months of launch.
Funds will be used to scale operations and strengthen distribution channels across India.
The brand's success is attributed to customer feedback and a strong community of 200,000 women.
- Who
- Underneat, a shapewear brand founded by Kusha Kapila and Vimarsh Razdan
- What
- Raised $6 million in Pre-Series-A funding
- When
- December 16, 2025
- Where
- India
- Why
- To scale operations and strengthen distribution channels
- Company
- Underneat
- Founders
- Kusha Kapila and Vimarsh Razdan
- Funding Amount
- $6 million
- Investor
- Fireside Ventures
- Existing Investor
- Ghazal Alagh
- Annual Recurring Revenue (ARR)
- ₹150 crore
- EBITDA Status
- Positive
- Time to Reach ARR
- 8 months
