Positive impactCompany
Who is Dhruv Toshniwal? The Pant Project raises ₹109 cr as menswear brand plans major retail expansion
Mint 2 hrs ago·21 Oct 2026, 3:34 pm
The Pant Project, founded by Dhruv Toshniwal, has closed a Series B round that raised roughly ₹109 crore, with Mirae Asset Venture Investments leading the round. The fresh capital is earmarked for the brand’s next growth phase, including new store openings and product line extensions.
For investors, the funding underscores confidence in the company’s ability to capture a larger slice of India’s expanding menswear market. Adding physical stores and diversifying into new categories could boost brand visibility, broaden revenue streams and improve profitability over time.
Going forward, market watchers will focus on the speed of store roll‑outs, the performance of the new product categories, and whether the capital translates into higher sales. Updates on store count, same‑store sales trends and any subsequent financing will be key signals of the brand’s progress.
Excerpt from Mint
Dhruv Toshniwal, co-founder and chief executive of Indian menswear brand The Pant Project, is building a business around a familiar problem: finding trousers that fit properly. Dhruv Toshniwal comes from a family with a long-standing connection to the textile industry. His family's business background includes…Read the original at Mint
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