Ripplr had earlier raised $12 million in a funding round with a mix of equity and debt from Japanese firm Sojitz Corporation and Stride Ventures in December 2021
The retail technology company will utilise the funds to acquire long-term licenses of international fashion and lifestyle brands and expand company’s proprietary technology stack
Rahul Khanna, co-founder and managing partner of Trifecta Capital will co-chair the newly appointed council for the industry body for alternative assets