# Comet

Startup profile on Capital Atlas: https://capitalatlas.ai/startups/comet-2

- Industry: Consumer Products
- Headquarters: Bangalore, India
- Website: www.wearcomet.com/
- Total disclosed funding: $17M
- Latest round: Series B (Sep 2, 2026)
- Investors on record: 5

## About

Based in Karnataka, India and founded in 2023, Grails Marketing Private Limited, doing business as Comet, operates as a fashion company that manufactures and sells sneakers and related products directly to consumers. The company was founded by Utkarsh Gupta and Dishant Daryani. In September 2026, Comet raised INR 987.5 million in series B funding led by Verlinvest, with participation from Elevation Capital, and Nexus Venture. 

Comet designs and sells colorful, comfortable slides and sneakers to both men and women through its e-commerce platform. In addition, the company also sells shoelaces.

Comet generates revenue primarily through the design, manufacture, and sale of sneakers and casual footwear for men and women. The company sells its products directly to consumers through its e-commerce platform and may also generate revenue from related footwear accessories and apparel offerings. Its revenue is driven by online retail sales of branded lifestyle and fashion footwear under the Comet brand, targeting consumers seeking contemporary sneaker designs and everyday wear products.

The company plans to use the September 2026 funding to accelerate retail expansion, strengthen product development and technology capabilities, and continue to invest in research and development, including the development of its own sole moulds and the tooling required to bring new footwear models to market.

## Funding rounds

- Series B, Sep 2, 2026, $10M — Nexus Venture Partners, Elevation Capital, Verlinvest
- Series A, May 22, 2024, $5.1M — Elevation Capital, Nexus Ventures, AL trust
- Seed, Feb 23, 2023, $1.5M — Nexus Ventures, AL trust

## Investors

- Nexus Ventures — Seed, Series A
- AL trust — Seed, Series A
- Elevation Capital — Series A, Series B
- Nexus Venture Partners (https://capitalatlas.ai/funds/nexus-venture-partners) — Series B
- Verlinvest — Series B