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Funding · 3 November 2026ViraasatIndian heritage collectibles brand

CoinDCX's Sumit Gupta backs Viraasat

By · Editor ·

Angel
  • Viraasat makes limited-edition collectibles inspired by Indian history and mythology, founded by Paranjay Agarwal and Tiyasha Das
  • CoinDCX co-founder Sumit Gupta put in an undisclosed angel sum to fund new collections and categories
  • Its Mahabharata-themed chess set, Battle of Kurukshetra, sold out a 100-piece founders' edition within four months

What happened

  • Sumit Gupta invested in an angel round.
  • Money goes to new collections and collectible categories.

Why it matters

  • The brand stresses original design, craft and researched storytelling.

The business

  • Viraasat sells collector pieces rooted in Indian epics.
  • Two products launched so far.

The founders

Paranjay Agarwal

Co-founder
in

Tiyasha Das

Co-founder

Who put in money

  • Sumit Gupta angel — Co-founder and CEO of CoinDCX

The numbers around it

Commerce & Consumer Brands in November 2026: 7 rounds with a disclosed amount, $119 million in all; the biggest was GIVA ($100M+). Every sector this year →

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Terms in this story

  • Co-founder equity: Split equity by what each founder will contribute from now on, not by who had the idea, and attach vesting so that a founder who leaves early does not keep a large share for doing little. In India, founders usually do this through reverse vesting in the shareholders' agreement.

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