6Degree,a platform for fashion community, has raised an undisclosed amount in seed funding from Centre For Incubation & Business Acceleration (CIBA), Goa.
Founded in 2014 by Nikhil Hegde and Amit Bhardwaj, 6Degree, is a fashion talent platform for professionals, students, bloggers, employers, designers and photographers.
The company is headquartered in Leeds, UK and has two operational offices in India viz Hyderabad and Goa. The company recently shifted its base from Hyderabad to Goa, as the founders believe that Goa is a place where creativity and ideas flourish.
Nikhil Hedge, 6Degree’s co-founder said, “The brand Goa is much more than the stereotypical tag of fun and leisure. Goa is the epicentre of the creative belt and with the presence of several prestigious technical and management institutions, it now boasts of high quality talent that can be comparable to any metropolitan city.”
The company’s first round of funding was about $75K, which came from Wilson and Indian entrepreneur and investor Nitin Agarwal.
Hegde added , “We are well on track to reach our revenue target of $300 K (INR 2 Cr) by the close of the current financial year and this will add greater momentum in our growth plans into the Middle East and South Asian markets. In order to achieve this, we have also initiated a fresh round of funding to boost our seed capital.”
The company is presently an official partner to several fashion events such as Lakme Fashion Week, Fiji Fashion Week, and Mysore Fashion Week and is associated with over 2000 fashion professionals and fashion institutions in India and South Asia.