Intelligent apparel brand Turms, which manufactures stain repellent and odour resistant clothing via nanotechnology application, has raised Rs 63 million from a group of investors. These investors include Freshworks founder Girish Mathrubootham, former Reliance Retail Lifestyle president Bijou Kurien, Pepperfry founder Ambareesh Murty, OneAssist founder Subrat Pani, and former Flipkart executive Mekin Maheshwari along with angels from LetsVenture & AngelList India.
Other angel investors who participated in the round include co-founder Opentalk Sumit Jain, Apollo Hospitals Group CFO Krishnan Akhileswaran, former CFO - Voonik & Myntra Prabhakar Sunder and Amit Lakhotia, formerly with Tokopedia & Paytm.
The start-up will use