India

Indian Walker Raises $2.09M Funding to Expand Product Range

Sep 23, 2026 | By Nguyen Minh

Indian Walker Raises $2.09Mn Funding to Expand Product Range

Delhi-based D2C streetwear brand Indian Walker has raised an undisclosed amount in a pre-seed funding round from Palette Wealth Management (PWM) at a post-money valuation of Rs 20 crore (US$2.09Mn). The round marks the company’s first institutional investment.

SUMMARY

  • Indian Walker raised an undisclosed pre-seed round at a Rs 20 crore ($2.09M) valuation.
  • Palette Wealth Management backed the round.
  • Funds will support inventory and product expansion.
  • The brand plans to expand across Amazon, Flipkart and Myntra.

Indian Walker is part of CoFounder Circle (CFC) Venture Studio, a consumer-focused venture studio founded by entrepreneur Darpan Sanghvi. The company will use the fresh capital to strengthen inventory, expand its core product categories and add new SKUs to its Level Up collection.

What is Indian Walker?

Indian Walker is a Delhi-based brand focused on backpacks and other carry products for everyday commuting. Its products are positioned in the mid-premium segment and are sold through a direct-to-consumer (D2C) model.

The company’s core backpacks are priced between Rs 2,000 and Rs 4,000. Its Level Up collection, led by the Stride backpack, has sold more than 10,000 units since launch, according to the company.

Funding Details

Indian Walker raised an undisclosed amount in its pre-seed round from Palette Wealth Management at a Rs 20 crore post-money valuation.

This is the company’s first institutional funding round. No details on previous external funding were disclosed.

How Will Indian Walker Use the Funding?

The company will use the fresh capital to increase inventory, expand its existing product categories and introduce new SKUs under its Level Up collection.

Indian Walker also plans to strengthen its team across marketing, social media and operations.

Who Founded Indian Walker

Founded in 2025 by Md. Sakib, Indian Walker is headquartered in Delhi and operates as a D2C streetwear and carry-products brand. It currently sells through its own website.

The company plans to expand its distribution by launching on Amazon, Flipkart and Myntra in the next quarter. It also plans to explore quick-commerce platforms and other marketplace channels.

Market and Business Growth

Indian Walker operates in India's streetwear and contemporary fashion market, which includes brands such as Bluorng, Huemn, Six5Six, Almost Gods, Gully Labs, The Souled Store and Freakins.

The company said it is targeting Rs 100 crore in ARR and a customer base of more than 1 lakh over the next 24 months.

What Happens Next?

Indian Walker plans to expand its product range, strengthen its team and increase its online distribution. The company is also preparing to launch on major marketplaces and explore quick-commerce channels.

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