Mumbai-based quick fashion delivery startup KNOT has raised $5 million in a round led by 12 Flags, with participation from Kae Capital and Boundless Ventures.
The raise comes just three months after its $3 million pre-Series A round in July.
The new capital will be used to expand the 60-minute delivery network in Mumbai and additional cities. The company also plans to invest in micro-warehousing, routing systems, and last-mile logistics to manage rising order volumes.
KNOT is widening its brand catalogue by onboarding labels such as Jack and Jones, Vero Moda, Louis Philippe, Van Heusen, and Allen Solly.
KNOT was founded in 2025 by Archit Nanda and Rachit Bansal, graduates of IIT Bombay. The company offers 60-minute fashion delivery along with a try-at-home model aimed at Gen Z and millennial shoppers.
KNOT claims it now processes more than 350 daily orders, a three-times increase over the past three months. Its platform includes AI-based virtual try-on, doorstep trials, and instant returns.
