Lifestyle Retailer GoodGudi Raises Funds From AC Ventures, Others


Lifestyle retailer GoodGudi recently raised funds from AC Ventures, April Ventures, Kunal Shah, Aprameya Radhakrishna, and other investors. GoodGudi was founded by Anurag Gupta, Sagar Yarnalkar, and Chandan Kumar in June.

The company plans to open more than 40 retail stores in the next two years. These stores will sell various products like travel accessories, gifts, kitchenware, stationery, toys, and more. It will start by setting up about seven to eight stores in the first six months and gradually expand through the franchise model. The first three stores will be operational in Bengaluru by the end of October.

The company will likely see about 15-20 per cent of its sales come from online channels such as its own website, as well as the likes of Amazon and Flipkart, Yarnalkar said.

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