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Comet Raises Rs 100 Crore Series B Funding to Expand Retail and Product Development

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Comet Raises Rs 100 Crore Series B Funding to Expand Retail and Product Development

Analysed 4 Sept 2026·5 sources analysed·New Delhi, India·Business
Comet Raises Rs 100 Crore Series B Funding to Expand Retail and Product DevelopmentPreviousNext

Homegrown sneaker brand Comet raised Rs 100 crore in a Series B funding round led by global investment firm Verlinvest, with existing investors Elevation Capital and Nexus Venture Partners increasing their stakes. Angel investors including Abhiraj Singh Bhal, Ajit Mohan, and Anand Ahuja also participated. The funds will support retail expansion, aiming to grow from 10 to 20 stores by FY27, and enhance product development, technology, and research efforts. Founded in 2023, Comet plans to double its footwear models from four to eight by next year.

Sentiment
70%
TBN's observations

First-hand measurement across 5 sources

We measured how 5 outlets covered this story. No outlet gave this story a measurable political slant — there is no left–right reading to report. Overall sentiment is positive (70/100). Lens Score 44/100.

Outlets measured: economictimes, businessstandard, economictimes, inc42media, news18. See how each one headlined and framed the same story in the source comparison below.

AI analysis of 5 sources · Published under editorial oversight by The Balanced News
Analysed 4 Sept 2026· How this analysis is produced· Editorial standards· Corrections

AI Analysis

Sentiment — Positive (70/100)

Sentiment was consistent across outlets (50–75/100), indicating broadly factual reporting rather than editorialising.

Coverage timeline

news18 broke this story on 4 Sept, 10:16 am. Other outlets followed.

4 Sept, 10:16 am5 sources · 52 min4 Sept, 11:08 am
AI analysis by the TBN Bias Engine · beat methodology byMrunal Wange· Business & Economy Editor· editorial standards byOjas Kale
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  1. 1
    news184 Sept, 10:16 am
    Sneaker brand Comet raises Rs 100 cr in Series B round led by Verlinvest
  2. 2
    inc42media4 Sept, 10:29 am
    D2C Sneaker Brand Comet Raises 100 Cr To Expand Offline Presence
  3. 3
    economictimes4 Sept, 10:40 am
    Comet, the homegrown sneaker brand, raises Rs 100 crore in Series B round led by Verlinvest
  4. 4
    businessstandard4 Sept, 11:07 am
    Sneaker startup Comet raises 100 crore in Series B led by Verlinvest
  5. 5
    economictimes4 Sept, 11:08 am
    Sneaker brand Comet raises Rs 100 crore led by Verlinvest

Who's involved

Institutions and figures named across source coverage.

Corporate
CometUrban CompanyVerlinvestBhaaneElevation CapitalNexus Venture PartnersSnapchatSnap Inc

Story context

Category
Business
Location
New Delhi, India
Sources analysed
5
Last analysed
4 Sept 2026
Key entities
SneakersVenture roundIndian rupeeAbhiraj SinghAngel investorCroreUrban areaSnap Inc.Anand, GujaratIndiaResearch and developmentFootwear