Download the app
← Latest news

Raw material shock hits D2C luggage startups forcing funding rethink and growth pullback

Business
Published on 24 April 2026
Raw material shock hits D2C luggage startups forcing funding rethink and growth pullback

Costs jumped 35 to 50 percent as West Asia tensions

D2C luggage startups including Mokobara, Nasher Miles, and Uppercase are under pressure as raw material costs jump 35% to 50% amid conflict-linked disruptions from West Asia. With margins squeezed, these firms may seek new capital and restructure costs, which could curb their aggressive customer acquisition and alter growth forecasts.

  • Raw material prices rose 35% to 50% linked to West Asia tensions
  • Startups like Mokobara and Uppercase face margin squeeze and cash strain
  • Funding needs could increase alongside cost-structure changes
  • Aggressive customer acquisition may slow as growth targets recalibrate
Read the full story at The Economic Times

This summarization was done by Beige for a story published on The Economic TimesThe Economic Times

The full experience is on mobile.

Swipe through stories, personalise your feed, and save articles for later — all on the app.