Brand Licensing Company 'Black White Orange' raises over Rs 20 million from 2nd investor

The Mumbai-based brand licensing start-up gets a fresh round of funding from Collaborative Licensing Ventures LLP, the first round having come in from cricketer Yuvraj Singh's YouWeCan Ventures

BestMediaInfo Bureau | Delhi | December 29, 2015

Black White Orange Brands, a Mumbai-based brand licensing start-up ends the year with a bang. They have raised a fresh round of funding of over INR 20 million from Collaborative Licensing Ventures LLP, an initiative by Rohit Sobti and Kamlesh Bhanushali. The first round of funding that came in a week ago was from cricketer Yuvraj Singh's YouWeCan Ventures.

Bhavik Vora

Bhavik Vora, Founder and CEO, Black White Orange, said, “We are extremely excited. Just like Yuvraj Singh, Rohit and his team at Collaborative Licensing are partners who believe in our passion and share our vision. We are constantly looking at collaborating with like-minded people who can not only add tremendous value to our business but can also come on board as strategic partners in growing this business and industry.”

Rohit Sobti, Co-Founder, Collaborative Licensing, added, “Bhavik is one of the founders of the licensing business in India and has the expertise, passion, vision, is a team player and has detailed understanding of this industry. Licensing business in India is going to double in the next 3 years with disproportionate rise in e-commerce and consumer awareness. At Collaborative Licensing (CLV), our objective is to bring new age stakeholders of this industry together, create infrastructure, synergy and help them grow this segment in India.”

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