Underneat Secures $6M Funding Led by Fireside Ventures for India Expansion

• Mass-premium shapewear and innerwear brand Underneat raised $6 million in pre-Series A funding.
• Fireside Ventures led the round; existing investor Ghazal Alagh (Honasa Consumer Limited) remains engaged.
• Founded by Kusha Kapila and Vimarsh Razdan, Underneat focuses on products designed for the Indian woman's body.
• The company achieved over Rs 150 crore ARR and is EBITDA positive within eight months of launch.
• Funds will scale operations and strengthen distribution across Indian cities, targeting a growing $5.06 billion women's innerwear market.

Why It Matters: Underneat's $6M funding fuels rapid growth and expansion in India's booming women's innerwear market.