FS Life raises INR 50 Cr to expand its offline footprint

FS Life secured INR 50 crore from Colossa Ventures and Rahul Garg, with Fireside Ventures and Mirabilis Investment Trust participating. Funds will expand retail presence from five to 100+ stores in three years. Founded in 2016 by Ayushi Gudwani, the company uses a sizing algorithm based on 3 lakh measurements, reports INR 160 crore revenue run rate, and nears operational break-even.