Mokobara is a Bengaluru direct-to-consumer travel and lifestyle brand selling premium luggage, backpacks, totes, slings, wallets and travel accessories. Founded in 2019 by Sangeet Agrawal and Navin Parwal, former colleagues at the furniture brand Urban Ladder, it spent eighteen months iterating on its first product and was turned down by 33 investors before its first cheque. It sells through its own site, Amazon and Flipkart, around 50 stores across Bengaluru, Delhi, Mumbai and Pune, and a Dubai store opened in February 2025. Operating revenue nearly doubled to ₹230.15 crore in FY25 with a net
1StartupFox story
2019Founded
Luggage & Travel AccessoriesSector
Sept 2026Latest coverage
Funding
Mokobara has raised $36M across 3 disclosed rounds, most recently a Series C in September 2026.
$36MRaised
Series CLatest round · September 2026
3Events
Series CSeptember 2026reported
$18M
InvestorsSauce.vc (lead), Peak XV Partners, AYRA Ventures, Niveshaay Investment
Valuation
Tap any bar to see that round
September 2026Series C$18MSauce.vc (lead), Peak XV Partners, AYRA Ventures, Niveshaay Investment
February 2024Series B$12MPeak XV Partners (lead)
July 2022Series A$6.5MSaama Capital, Sauce.vc, Ashish Goel, Panthera Peak Ventures
Investor roster
Every disclosed backer and how often they've written a cheque — repeat names are the strongest conviction signal on the cap table.
New · Latest leadSauce.vc (lead)1 round · 2026
AYRA Ventures1 round · 2026
Niveshaay Investment1 round · 2026
Peak XV Partners1 round · 2026
Peak XV Partners (lead)1 round · 2024
Ashish Goel1 round · 2022
Panthera Peak Ventures1 round · 2022
Saama Capital1 round · 2022
Sauce.vc1 round · 2022
Aggregated automatically from the disclosed rounds above.
Founded in Bengaluru by Sangeet Agrawal and Navin Parwal, former Urban Ladder colleagues, after eighteen months of product iteration and rejections from 33 investors. ↗
July 2022 · funding
Series A — $6.5M, led by Saama Capital.
February 2024 · funding
Series B — $12M, led by Peak XV Partners (lead).
Feb 2025 · milestone
Opens its first international store at BurJuman Mall in Dubai, marking its entry into the UAE. ↗
September 2026 · funding
Series C — $18M, led by Sauce.vc (lead).
The rest of Mokobara's profile is free
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Mokobara is a Bengaluru direct-to-consumer travel and lifestyle brand selling premium luggage, backpacks, totes, slings, wallets and travel accessories. Founded in 2019 by Sangeet Agrawal and Navin Parwal, former colleagues at the furniture brand Urban Ladder, it spent eighteen months iterating on its first product and was turned down by 33 investors before its first cheque. It sells through its own site, Amazon and Flipkart, around 50 stores across Bengaluru, Delhi, Mumbai and Pune, and a Dubai store opened in February 2025. Operating revenue nearly doubled to ₹230.15 crore in FY25 with a net
Who founded Mokobara?
Mokobara is associated with Sangeet Agrawal, Navin Parwal.
How much funding has Mokobara raised?
Mokobara has raised $36M across 3 disclosed rounds. The most recent was a $18M Series C in September 2026.
Who are Mokobara's investors?
Disclosed investors in Mokobara include Sauce.vc (lead), Peak XV Partners, AYRA Ventures, Niveshaay Investment, Peak XV Partners (lead), Saama Capital, Sauce.vc, Ashish Goel, Panthera Peak Ventures.
What is the latest news on Mokobara?
The most recent StartupFox coverage is “Mokobara Raises ₹170 Crore, and Only ₹91 Crore of It Is in the Filings” (6 September 2026). All stories are listed on this page.
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