Start Ups

The Bear House Raises ₹50 Cr in Series A Led by JM Financial

Published: April 4, 2025
Author: Fashion Value Chain

Contemporary menswear brand The Bear House has secured ₹50 crore in a Series A round led by JM Financial India Growth Fund III, marking the fund’s eighth investment. The capital will support offline retail expansion, working capital, and brand-building efforts.

Founded in Bengaluru, The Bear House focuses on premium casual workwear for young professionals, offering a stylish range that includes shirts, tees, denim, and footwear. The brand has built a strong online presence through its website and platforms like Myntra, Flipkart, and Tata CliQ. In March 2025, it launched its first physical store in Bengaluru and now aims to open 20 more across India within two years.

Commenting on the investment, Siddharth Kothari, MD of JM Financial Private Equity, said the brand is well-positioned in India’s growing business-casual menswear space, thanks to its distinct design identity and D2C model.

Harsh Somaiya, Co-Founder of The Bear House, stated the funding would accelerate growth while staying true to the brand’s design-first approach.

Dexter Capital served as exclusive advisor for the deal, with its investment arm, Dexter Ventures, also participating. Anuradha Agrawal, General Partner at Dexter Ventures, praised the founders for building a ₹150+ crore online brand while remaining bootstrapped and profitable.

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