Footwear startup Yoho said on Wednesday it had raised Rs 20 crore in a funding round led by SoftBank Vision Fund CEO Rajeev Mishra, Paytm founder Vijay Shekhar Sharma and Rukam Capital. Yoho said in a statement that the new funding raised in the Series A round would be used to create capabilities for new product propositions and sustainable manufacturing standards.

Yoho raised a seed round in 2021 from several investors, including Kunal Shah (founder of Cred), Pankaj Chaddah (co-founder of Zomato and co-founder of Shyft), Gaurav Agarwal (co-founder of Tata 1mg) and Sequoia Sprouts in addition to Rukam Capital, Rajeev Misra and Vijay Shekhar Sharma etc.