Funding · Commerce & Consumer Brands
Bruno Milano raises ₹7.5 crore for watch expansion
By Startup Enthusiast ·
- Date
- Company
- Bruno Milano
- What it does
- D2C watch brand
- Kind
- Funding
- Amount
- ₹7.5 Cr
- Based in
- Noida
- Founded
- 2024
What they do
Bruno Milano is a Noida-based D2C (direct-to-consumer; selling directly to customers without intermediaries) watch brand offering quartz and chronograph…
What happened
Early-stage backer Sauce VC led a ₹7.5 crore equity injection joined by Titan Capital alongside multiple angel contributors
Why it matters
The startup plans to use the capital to expand its market presence, launch new designs quarterly, and increase availability on quick-commerce platforms
The details
- Early-stage venture firm Sauce VC led a ₹7.5 crore financing round into Bruno Milano.
- The round included participation from Titan Capital and notable angel investors.
- Angel investors include Arjun Purkayastha, Roman Saini, and Kitty Agarwal.
- The company will use the funds to expand its market presence across India.
- Fresh proceeds will speed up the introduction of fresh watch designs and lineups.
- The startup aims to strengthen its ecommerce and quick-commerce distribution channels.
The bigger picture
- The company was bootstrapped (funded by founders' own savings) from its launch in 2024 until this current funding round.
- The founders aim to bridge the gap between global design standards and affordable pricing for Indian consumers.
- The watch sector has seen recent activity with competitors like Rotoris and Argos Watches also raising capital.
About the business
- Bruno Milano sells D2C watches typically priced between ₹2,000 and ₹5,000.
- Product offerings include quartz and chronograph watches across various collections.
- Collections include Vittorio Chrono, Ambrosiana Chic, and Duomo Heritage.
- Watches are hand-finished and undergo rigorous quality checks before sale.
- Some models incorporate Japanese quartz movements for precision.
- The company provides customised corporate gifting services to clients.
- Sales occur through their website, ecommerce marketplaces, and quick-commerce platforms.
What happens next
- Launch new watch designs every quarter.
- Review product performance to cull underperforming designs.
- Expand availability across India via quick-commerce.
The deal
- Type
- funding
Investors
- Sauce VC (lead) — Lead investor in the round.
- Titan Capital (participated) — Participating investor.
- Arjun Purkayastha (angel) — Senior executive heading Reckitt's business units across Greater China and North Asia.
- Roman Saini (angel) — Co-founder of Unacademy.
- Kitty Agarwal (angel) — Partner at Info Edge Ventures.
Founders
- Rachit Jain, Co-founder
- Saurabh Agarwal, Co-founder
About Bruno Milano
- Product
- Hand-finished quartz and chronograph watches priced between Rs 2,000-5,000 with customizable collections
- Customers
- Consumers seeking affordable, contemporary watches through online and quick-commerce channels
- How it makes money
- D2C brand selling through own website, ecommerce marketplaces and quick-commerce platforms
- What sets it apart
- Contemporary designs at affordable price points with custom corporate gifting solutions
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