# Theater funding: rounds and investors

> Theater has raised $7.9M across 1 round since 2026. Investors include Niveshaay, Physis Capital and Prath Ventures. Every round with its source.

Source: https://millionrounds.com/company/theater (Millionrounds; every figure on the page links to its filing or article)

India · [Series A startup](https://millionrounds.com/companies)

# Who invested in *Theater*

One round we have observed, with the 3 investors named in it. Every figure came from a named source, and where the company reported a raise to the SEC itself, that is shown beside it.

D2C E-commerce Fashion

Raised 2 months ago

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Funding summary Updated 7 Nov 2026

**$7.9M** raised across 1 round since 2026, from 1 source

- **Latest round:** Series A, $7.9M Sept 2026
- **Led by:** Niveshaay
- **Investors:** 3 (1 led)

See who backed them

## The rounds

- **Sept 2026** Series A **$7.9M** [Niveshaay](https://millionrounds.com/fund/niveshaay) Lead [Physis Capital](https://millionrounds.com/fund/physis-capital) [Prath Ventures](https://millionrounds.com/fund/prath-ventures) Reported by Inc42

## Everyone who backed them

[Niveshaay](https://millionrounds.com/fund/niveshaay) Advisor **1** round, led 1

[Physis Capital](https://millionrounds.com/fund/physis-capital) VC firm **1** round

[Prath Ventures](https://millionrounds.com/fund/prath-ventures) VC firm **1** round

Missing a round, or an investor who was in one? [Tell us](https://millionrounds.com/corrections?slug=theater).

## Also claim to have backed them

This firm lists Theater as a portfolio company on their own website, but no report of a round names it. They are the firms' own claims, kept apart from the rounds above.

[OTP Ventures](https://millionrounds.com/fund/otp-ventures) VC firm Per its own site

## Quick answers about Theater

### Who invested in Theater?

Theater's investors include Niveshaay, Physis Capital and Prath Ventures. Niveshaay led its latest round.

### How much has Theater raised?

Theater has raised $7.9M across 1 round since 2026.

### When did Theater last raise?

Theater's most recent round was a Series A of $7.9M in Sept 2026, led by Niveshaay.

### What was Theater's biggest round?

Its most recent round, $7.9M in Sept 2026, is also its largest on record.

### Who backed Theater first?

Theater's first round on record, in Sept 2026, was backed by Niveshaay, Physis Capital and Prath Ventures.

### What stage is Theater at?

Theater's latest named round is a Series A, in Sept 2026.

### Where is Theater based?

Theater is based in India.

### Who led Theater's rounds?

Niveshaay led the Series A in 2026.

## Companies like Theater

In the same sector, and raised in the last eighteen months.

[**Blitz** $9.0M · Nov 2026](https://millionrounds.com/company/blitz)[**GIVA** $162M · Nov 2026](https://millionrounds.com/company/giva)[**Nuuk** $12M · Nov 2026](https://millionrounds.com/company/nuuk)[**Ace Blend** $13M · Oct 2026](https://millionrounds.com/company/ace-blend)[**EloElo** $93M · Oct 2026](https://millionrounds.com/company/eloelo)[**ReplyAll** $1.8M · Oct 2026](https://millionrounds.com/company/replyall)

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