Mumbai, Aug. 13 -- Several consumer startups, including Haus & Kinder, The Souled Store, and Nat Habit, are exploring deals to fund expansion or provide exits to some early backers, according to at least five people familiar with the talks.

The Souled Store (TSS), a pop-culture apparel brand, is preparing for a Rs.300-400 crore pre-initial public offering (IPO) round and is in early-stage talks with investors such as WhiteOak Capital, Abakkus and others, according to two of the people cited above.

The startup saw some of its angel investors sell their stake to Xponentia Capital in a Rs.150-160 crore transaction earlier this year, the people added.

However, TSS co-founder Vedang Patel said the company does not plan to raise any capital ...