# Comet secures Rs 100 crore Series B for retail expansion

_Friday, September 4, 2026 at 6:47 AM EDT · Capital · Latest · Tier 2 — Notable_

![Comet secures Rs 100 crore Series B for retail expansion — Primary](https://img.etimg.com/thumb/width-1200,height-900,imgsize-67004,resizemode-75,msid-133759883/tech/funding/sneaker-brand-comet-raises-rs-100-crore-led-by-verlinvest.jpg)

Comet, an Indian sneaker brand founded in 2023, has raised Rs 100 crore in a Series B led by Verlinvest, according to The Economic Times. Existing investors Elevation Capital and Nexus Venture Partners increased their stakes, alongside named angel investors. The company says it plans to use the financing to expand retail, develop products and strengthen technology, targeting 20 stores by FY27.

## Sources

- [The Economic Times](https://economictimes.indiatimes.com/tech/funding/sneaker-brand-comet-raises-rs-100-crore-led-by-verlinvest/articleshow/133759883.cms)

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Retrieved: 2026-09-05T05:36:14.244Z
Publisher: Tech & Business (techandbusiness.org)