Founder · Theater

Karan Jain

Co-founder of Theater, a fashion & accessories company based in Mumbai.

Co-founderMumbaiFashion & Accessories
Founded
2021
Mumbai, India
Raised to date
$7.9M
1 round on record
Latest round
Series A
$7.9M · September 2026

About

Karan Jain is Co-founder of Theater, a fashion & accessories company based in Mumbai, founded in 2021. Theater's most recent disclosed round was a Series A of $7.9M in September 2026.

Compiled from StartupFox records · updates as coverage is published

Company

Est. 2021
Theater
Fashion & Accessories · Mumbai · Active

Theater is a Mumbai design-led fashion and accessories brand founded in 2021 by Sarthak Aggarwal, Karan Jain, Vikram Jain and Shruti Aggarwal. It sells footwear, bags, stockings, socks, perfumes and other accessories for men and women, positioned in the mass premium band between imported luxury and mass-market basics, and manufactured in India. Built digital-first, it is now expanding into physical retail across Tier 1 and Tier 2 cities. Its four founders retain roughly 65% of the company between them after its Series A, with Sarthak Aggarwal holding 20.63%, Karan Jain and Vikram Jain 16.39% e

Funding
September 2026Series A$7.9MNiveshaay (lead), Physis Capital, Prath Ventures, FirstPort Capital, Skagen Ventures, Vishal Julka, IPV International
Company profile →1 round on record

Journey with Theater

2 milestones
  1. 2021Founded

    Founded in Mumbai by Sarthak Aggarwal, Karan Jain, Vikram Jain and Shruti Aggarwal to make design-led footwear, bags and accessories in India, priced between imported luxury and mass-market basics.

  2. Sep 2026Funding

    Raises a ₹75 crore Series A led by Niveshaay at a ₹410 crore post-money valuation, 4.5 times its previous mark of around ₹90 crore, with the four founders retaining roughly 65% of the company between them.

Also building Theater

SASarthak AggarwalCo-founder · CEO→VJVikram JainCo-founder→SAShruti AggarwalCo-founder→

Coverage

1 story
Funding · 10 Sept 2026 · 6 min read
Theater Raises ₹75 Crore at ₹410 Crore, With ₹56 Crore of It in the Filings

Quick answers

Who is Karan Jain?

Karan Jain is a Co-founder of Theater, a fashion & accessories company based in Mumbai, founded in 2021.

Who founded Theater?

Theater's founders and leadership on record at StartupFox are Sarthak Aggarwal, Karan Jain, Vikram Jain and Shruti Aggarwal.

How much funding has Theater raised?

Theater has raised $7.9M across 1 disclosed round on record. The latest was a Series A of $7.9M in September 2026, with Niveshaay (lead), Physis Capital, Prath Ventures.

Where is Theater based?

Theater is headquartered in Mumbai, India.

What has StartupFox reported about Karan Jain?

StartupFox has published 1 story naming Karan Jain; the most recent is “Theater Raises ₹75 Crore at ₹410 Crore, With ₹56 Crore of It in the Filings”.

More D2C founders

Founder index →
VBVijaykumar B VFounder · COO · Fit.Zone→APArvindkumar PorwalFounder · CEO · Fit.Zone→RBRajgopal BharadwajFounder · Managing Director · Fit.Zone→MSMandeep Singh BhatiaCo-founder · Asaya→SDShantanu DeshpandeFounder · CEO · Bombay Shaving Company→VCVidushi ChaudharyCo-founder · CMO · Zaydn→

Sources & updates

This profile is compiled by the StartupFox desk from company announcements, regulatory filings and our own reporting. If this is you, you can verify it with LinkedIn and edit it.

Last updated
How we verify
Sourcing standards
Spot an error?
Request a correction