D2C Sneaker Brand Comet Secures Rs 100 Crore in Series B

4 Sept 2026, 5:55 pm · 8d ago · 1 min read · Entrackr

Amount

Rs 100 Cr

Stage

Series B

Lead

Verlinvest

Bengaluru-based direct-to-consumer footwear startup Comet has secured Rs 100 crore in a Series B funding round led by Belgian investment firm Verlinvest. Existing investors Elevation Capital and Nexus Venture Partners also participated, alongside angel investors Abhiraj Singh Bhal, Ajit Mohan, and Anand Ahuja. The round reportedly values the brand at around Rs 535 crore. Founded in 2023 by Utkarsh Gupta and Dishant Daryani, Comet will use the fresh capital to accelerate offline retail expansion from 10 to 20 stores by FY27, enhance research and development, and engineer proprietary sole tooling for new footwear lines.