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Business Updates: Fashion-focused venture studio Fashion Entrepreneur Fund announced that it had welcomed Bollywood celebrity and style icon Karan Johar as an investor and brand promoter. Johar brings his expertise in garnering support for the cause of the upcoming Indian fashion entrepreneurs.
“Style and fashion are a part of our culture and identity,” said Karan Johar in a press release. “This is an evolving industry. I am pretty excited to start this journey with FEF. The rapidly growing popularity of homegrown ventures reflects the immense talent across India. It also reflects how the world is shifting towards embracing our style and trend. My objective would be to take glamour and trends to the forefront, as these brands from India go out to capture the world audience.”. With this initiative, we will make the fashion entrepreneurs set new trends and acquire unbeaten success.”
FEF has also recently been joined by Bollywood actor Akshay Kumar, business magnate Ravi Jaipuria, and business leader Gaurav Dalmia. Johar sees FEF as a means to fill in the void that was felt in the support system needed for entrepreneurs in the field of fashion in India.
“Having Mr Karan Johar join FEF is a big shot in the arm for us,” said Fashion Entrepreneur Fund’s founder Sanjay Nigam and chairman Vagish Pathak in a joint statement. “Our mission is to create an ecosystem that throbs with vibrant fashion dreams flowering into successful enterprises. With Mr Johar coming on board, we are looking at fast-tracking this mission to even greater heights.”. His passion for innovation greatly aligns with our goals, and his experience, extensive networks, shall be invaluable in reaching out to fashion brands and entrepreneurs. We can be very sure that with his support, FEF shall become the go-to platform for fashion entrepreneurs from India by providing them with investment, resources, and mentorship necessary for success.
