💨 Abstract

Founders Club India Venture Studio, a unit of HBF Direct Limited, has entered a strategic partnership with Draax Fashions Pvt. The aim is to scale Draax Fashions' operations and prepare for an initial public offering (IPO) within three years. Draax Fashions, focused on affordable and fashionable clothing, seeks to expand its reach from metropolitan areas to tier 2 and tier 3 cities.

Courtesy: theprint.in

Summarized by Einstein Beta 🤖