Founder · Mokobara

Navin Parwal

Co-founder of Mokobara, a luggage & travel accessories company based in Bengaluru.

Co-founderBengaluruLuggage & Travel Accessories
Founded
2019
Bengaluru, India
Raised to date
$36.4M
3 rounds on record
Latest round
Series C
$17.9M · September 2026

About

Navin Parwal is Co-founder of Mokobara, a luggage & travel accessories company based in Bengaluru, founded in 2019. Mokobara's most recent disclosed round was a funding round of $17.9M in September 2026.

Compiled from StartupFox records · updates as coverage is published

Company

Est. 2019
Mokobara
Luggage & Travel Accessories · Bengaluru · Active

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

Funding
September 2026Series C$17.9MSauce.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
Company profile →3 rounds on record

Journey with Mokobara

2 milestones
  1. 2019Founded

    Founded in Bengaluru by Sangeet Agrawal and Navin Parwal, former Urban Ladder colleagues, after eighteen months of product iteration and rejections from 33 investors.

  2. Feb 2025Milestone

    Opens its first international store at BurJuman Mall in Dubai, marking its entry into the UAE.

Also building Mokobara

SASangeet AgrawalCo-founder→

Coverage

1 story
Funding · 6 Sept 2026 · 5 min read
Mokobara Raises ₹170 Crore, and Only ₹91 Crore of It Is in the Filings