Comet is a Bengaluru homegrown lifestyle sneaker brand selling unisex sneakers and slides designed for Indian feet, built on a proprietary SpaceWalk EVA sole with a wider toe box. Its X Lows and Aeon lines sit at around ₹4,299, deliberately positioned between sub-₹2,000 local footwear and ₹10,000-plus global brands. Founded in 2023 by Utkarsh Gupta and Dishant Daryani, it grew through limited cultural drops rather than celebrity marketing, selling mainly through its own site before expanding to Myntra and multi-brand sneaker stockists.
1StartupFox story
2023Founded
FootwearSector
Sept 2026Latest coverage
Funding
Comet has raised $141M across 2 disclosed rounds, most recently a Series B in September 2026.
$141MRaised
Series BLatest round · September 2026
2Events
Chart appears once 1 more funding round is recorded — below that a chart shows less than the table does.
Founded by Utkarsh Gupta and Dishant Daryani, who had worked between them at Hotstar and Urban Company, to sell India-designed sneakers priced between budget local footwear and global brands. ↗
July 2024 · funding
Series A — $42M, led by Elevation Capital (lead).
Jul 2024 · funding
Raises a ₹42.3 crore Series A led by Elevation Capital at ₹8,445 per share, valuing the brand at about ₹167 crore post-money. ↗
September 2026 · funding
Series B — $99M, led by Verlinvest (lead).
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Comet is a Bengaluru homegrown lifestyle sneaker brand selling unisex sneakers and slides designed for Indian feet, built on a proprietary SpaceWalk EVA sole with a wider toe box. Its X Lows and Aeon lines sit at around ₹4,299, deliberately positioned between sub-₹2,000 local footwear and ₹10,000-plus global brands. Founded in 2023 by Utkarsh Gupta and Dishant Daryani, it grew through limited cultural drops rather than celebrity marketing, selling mainly through its own site before expanding to Myntra and multi-brand sneaker stockists.
Who founded Comet?
Comet is associated with Utkarsh Gupta, Dishant Daryani.
How much funding has Comet raised?
Comet has raised $141M across 2 disclosed rounds. The most recent was a $99M Series B in September 2026.
Who are Comet's investors?
Disclosed investors in Comet include Verlinvest (lead), Elevation Capital, Nexus Venture Partners, Abhiraj Singh Bhal, Bhaane Retail, Ajit Mohan, Elevation Capital (lead), AngelList India.
What is the latest news on Comet?
The most recent StartupFox coverage is “Comet Is Raising ₹99 Crore at 3.2X, About ₹50 Crore Less Than It Went Looking For” (2 September 2026). All stories are listed on this page.
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