Fraganote, an Indian luxury perfume secures $1M to expand its luxury fragrance brand

Fraganote, a luxury perfume brand co-founded by Arjun Anand and Garima Kakkar, has raised $1M in pre-Series A funding led by Rukam Capital. The funds will support expanding its fragrance portfolio, launching new scent formats, and piloting offline retail. Known for artisanal, narrative-led perfumes with high perfume oil concentrations, Fraganote aims to build an iconic Indian perfume house amid a market projected to hit $873.3M by FY2032.