New Delhi (India), June 2: Streetwear and fashion retailer Crepdog Crew (CDC) said it has crossed Rs 130 crore in revenue, up from Rs 1.9 crore in 2020, as it expands its presence in India's premium fashion and lifestyle market.
The company said it has remained profitable while scaling its operations, a notable achievement in a segment where many retailers have relied on aggressive discounting and external capital to drive growth.
Hinting at a major development, the company said it is preparing to raise a Series A funding round in the coming quarter.
Proceeds are expected to be used for expanding its retail footprint, growing its in-house brands and apparel business, and pursuing international collaborations, the company said.
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CDC currently operates flagship stores in Delhi, Mumbai and Hyderabad.
The company said the outlets have been designed as experiential retail spaces, with each location featuring a distinct concept.
Beyond retailing products, CDC works with several homegrown fashion labels, including Code Brwn, Deadbear, Esthreall, Evemen, Farak Wear, Recnstrct and Warping Theories.
The company said it supports partner brands through merchandising, customer acquisition, after-sales engagement and production planning.
The platform has also secured partnerships with international brands such as Casio, Fila and Ultrahuman. According to the company, additional partnerships are under discussion.
Speaking at the development, Anchit Kapil, co-founder of Crepdog Crew, said, "Our vision has never been only about retail."
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"We have built a platform around brands, collaborations and consumer culture, and we see significant room for growth from here," he added.
CDC's expansion comes amid growing demand for premium and niche fashion products among urban consumers.
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