Karmik plans expansion via franchising

Karmik, a designer wear brand owned by Mumbai-based Kimaya Fashions Pvt. Ltd is planning to expand its presence across India. The brand currently operates seven company-owned stores and plans to open new stores via franchising. It will target tier II cities like Chandigarh, Jaipur, Hyderabad, Surat and Ahmedabad for expansion. Karmik would like to associate with potential partners who can invest Rs 40-50 lakh and along with an area of 500-1200 sq ft.

Aiming to make designer wear accessible and affordable to a larger mass, Karmik offers exclusive collection including saris, salwar kameez and kurtis from the renouned designers such as Rohit Bal, Anamika Khanna, JJ Valaya, Rocky S, Falguni & Shane Peacock, Ranna Gill, Shantanu & Nikhil, Rina Dhaka, Neeta Lulla and Kavita Bhartia.