Footwear brand CHK raises $2.5 million in funding round from Accel, others

Direct−to−consumer (D2C) footwear brand CHK has raised 2.5 million (Rs 21 crore) in a funding round led by Accel, Bluestone, and other angel investors.

The company will utilise the funds to boost its production and research & development initiatives.

Commenting on the funding, Sankar Bora, co-founder of CHK in a statement said, “The backing of marquee investors like Accel and Bluestone strengthens our mission to create world-class, end-to-end ‘Concept to Creation’ footwear for India’s discerning, fashion-conscious youth. With complete control over the design and manufacturing process, CHK will deliver trend-setting styles with unmatched quality and efficiency.”

Prashanth Prakash, partner at Accel added, “With CHK, we are excited to get an early ringside seat for what promises to be an exciting journey in building a manufacturing-led innovative D2C footwear brand out of India.”

Founded in 2024 by Sankar Bora, Deepan Babu, Bharat Mahajan, and Deepak Patil, CHK operates a manufacturing facility in Tamil Nadu and plans to retail through its dedicated D2C website.