Mode Retails Launches $10 Million Series A Funding to Elevate Luxury Incense Business

Mode Retails Sales and Marketing Pvt. Ltd. announces its Series A funding round to raise $10 million. This investment will help scale their luxury incense brand, Prabhu Shriram Incense, and expand their unique Ramalaya retail experience across India, enhancing production, product range, and distribution channels.

Mode Retails Sales and Marketing Pvt. Ltd. is embarking on an ambitious journey by launching its Series A funding round, aimed at raising $10 million. This funding is set to significantly boost their luxury incense business, particularly their flagship brand, Prabhu Shriram Incense, as well as expand their Ramalaya retail experience throughout India.

Known for its rich cultural products, Prabhu Shriram Incense is poised to revolutionize the incense market. The new funding will allow Mode Retails to enhance production capabilities, diversify the product range, and fortify its retail presence, delivering a unique sensory and cultural experience through Ramalaya.

Prashant Kumar, Chairman and Managing Director, shared insights into the company's future: ''Our mission is to offer revolutionary products that embody the timeless philosophy of Sanatan Dharma and India's heritage. With this funding, Prabhu Shriram Incense will reach new heights, offering divine fragrances that inspire happiness, peace, and prosperity. The Ramalaya retail experience immerses customers in India's rich traditions, providing a unique shopping journey. This initiative will enable us to scale operations and bring the divine essence of our products to more consumers.''

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