Ecommerce fashion brand Teesort.com plans to raise capital to support its growth plans, which includes achieving revenues of Rs 500 crore by 2020 from the present Rs 100 crore per year. Teesort currently has already started operations in the US, and plans to expand to the UK, Europe and the Middle East this year, which has a sizeable Indian diaspora.
A media agency quoted Teesort co-founder Alok Agarwal as saying that they will also expand into South Asian countries and generate 30 per cent of sales from international markets by 2020.Ecommerce fashion brand Teesort.com plans to raise capital to support its growth plans, which includes achieving revenues of Rs 500 crore by 2020 from the present Rs 100 crore per year. Teesort currently has already started operations in the US, and plans to expand to the UK, Europe and the Middle East this year, which has a sizeable Indian diaspora. #
The online brand which currently deals in only menswear is also planning to expand in to the womenswear and kidswear category by this fiscal end. (AR)
ALCHEMPro News Desk – India
marketing@alchempro.com
