Mohali-based shoe care brand SHOEGR raises $100,000 in funding
In a significant development for the startups in the footwear industry, Mohali-based shoe care brand SHOEGR has raised $100,000 in a pre-seed funding round from early-stage startup accelerator PedalStart. The funding will enable the startup to scale its product portfolio, expand its market and end-user reach, and strengthen its awareness-building initiatives.
SHOEGR, which has been making waves in the shoe care segment with its innovative products, is backed by a team of entrepreneurs who have a deep understanding of the footwear industry. The brand has introduced an extensive range of shoe cleaning, protection, and storage solutions that cater to the diverse needs of shoe enthusiasts. With this funding, SHOEGR aims to take its products to a larger audience and establish itself as a leading player in the shoe care market.
The pre-seed funding round is a significant milestone for SHOEGR, which has been growing rapidly since its inception. The brand has been focusing on creating innovative products that meet the evolving needs of shoe enthusiasts. With this funding, SHOEGR plans to expand its product portfolio, improve its market reach, and strengthen its brand presence.
SHOEGR’s innovative products have been designed to cater to the diverse needs of shoe enthusiasts. The brand offers a range of shoe cleaning products that are designed to remove tough stains and odors from shoes. Its shoe protection products provide long-lasting protection to shoes from scratches, cracks, and fading. Additionally, SHOEGR’s shoe storage solutions help shoe enthusiasts keep their shoes organized and protected.
The funding will also enable SHOEGR to strengthen its awareness-building initiatives. The brand plans to invest in digital marketing campaigns, influencer partnerships, and social media promotions to increase its visibility and reach a larger audience. SHOEGR is also planning to participate in trade shows and exhibitions to showcase its products to potential customers.
PedalStart, the early-stage startup accelerator that has invested in SHOEGR, is known for its focus on supporting innovative startups in the footwear industry. The accelerator has a strong network of industry experts, mentors, and investors who provide guidance and support to startups. With this funding, PedalStart aims to support SHOEGR in its growth journey and help it achieve its goals.
The funding round is a significant vote of confidence in SHOEGR’s potential to disrupt the shoe care industry. The brand’s innovative products and strong market presence have made it a preferred choice among shoe enthusiasts. With this funding, SHOEGR is poised to take its products to a larger audience and establish itself as a leading player in the shoe care market.
In conclusion, SHOEGR’s $100,000 funding round from PedalStart is a significant milestone for the startup. The brand’s innovative products, strong market presence, and focus on customer satisfaction make it a preferred choice among shoe enthusiasts. With this funding, SHOEGR is poised to take its products to a larger audience and establish itself as a leading player in the shoe care market.
