A group of investors, which includes Puneet Dalmia of the Dalmia Bharat Group, has picked up a 16% stake in Stage Thr3e, an omni-channel fashion styling and rental platform. The amount of investment has not been disclosed. Dalmia is the managing director of Dalmia Bharat Ltd, has invested in his personal capacity.
Stage Thr3e on Thursday announced it has raised funding from a group of investors including Nisha Kumar, former CFO of Rent the Runway and AOL Inc, Dalmia, and Balaji Prabhakar, Professor of Computer Science at Stanford University and chief scientist at Urban Engines.
Stage Thr3e is led by Sabena Puri, a Harvard Business School graduate, Rina Dhaka, leading Indian fashion designer, and Sanchit Baweja, former CEO of Buttons and Threads.