# Comet

> Design-led Indian D2C sneaker brand expanding from limited drops into owned retail and proprietary soles.

## Why it is interesting

Verlinvest-led ~$10.6M (₹100 Cr) Series B in early September 2026 — Elevation and Nexus returning — as Comet scales CoCo stores 10→20 by FY27 and invests in sole tooling after FY25 revenue of ₹29.1 Cr (~$3.5M) with a ₹4.4 Cr net loss (Inc42).

## Profile

- **Latest funding:** Series B — $10.6M (₹100 Cr) (September 2026)
- **Latest known valuation:** Not publicly disclosed
- **Total disclosed equity funding:** $11M
- **Stage:** series-b
- **Status:** private
- **Industries:** consumer, ecommerce
- **Coverage:** full
- **Last updated:** 2026-09-06
- **Latest funding investors:** Verlinvest, Elevation Capital, Nexus Venture Partners

## Key facts

- ₹100 Cr (~$10.6M) Series B led by Verlinvest (Sep 2026) — Inc42
- Prior ~$5M from Elevation/Nexus (Jul 2024); FY25 revenue ₹29.1 Cr, net loss ₹4.4 Cr
- 10 CoCo stores; target 20 by FY27; doubling models 4→8 including first women’s line

## Funding history

- Series B · $10.6M (₹100 Cr) · September 2026
  Source: https://inc42.com/buzz/d2c-sneaker-brand-comet-raises-%E2%82%B9100-cr-to-expand-offline-presence/
- Series A · ~$5M · July 2024
  Source: https://inc42.com/buzz/d2c-sneaker-brand-comet-raises-%E2%82%B9100-cr-to-expand-offline-presence/

## Related articles

- https://venturecapitaltracker.com/2026-comet-10-6m-series-b-verlinvest-india-sneakers
- https://venturecapitaltracker.com/2026-september-5-6-investment-news-data-fintech-defense

**By:** [Venture Capital Tracker](https://venturecapitaltracker.com/editorial-policy)
**Last updated:** September 6, 2026

**Editorial note:** AI tools assisted with research, structure, or drafting. Venture Capital Tracker retains human editorial responsibility for factual accuracy, relevance, and source quality before publication.

---
Source: https://venturecapitaltracker.com/startup/comet-sneakers