India, April 26 -- Lyskraft, an omnichannel fashion startup floated by former Zomato senior executive Mohit Gupta and Myntra founder Mukesh Bansal, has secured $26 Mn (around INR 216 Cr) in a seed funding round led by Peak XV Partners.

As per ET's report, the freshly raised capital will help the partnership take forward the plan of building an omnichannel play as a marketplace for premium brands, starting with women's fashion and subsequently expanding into other lifestyle categories.

Last year, it was reported that both Bansal and Gupta were in the advanced stages of closing a $50 Mn Series A funding round from investors such as Peak XV Partners and Accel at a post-money valuation of $100 Mn.

The startup competes against the likes of ...