
Mohit Jain
Founder, Miraggio
Mohit Jain is the Founder & CEO of Miraggio, a contemporary Indian handbag brand redefining accessible luxury. Coming from a family of entrepreneurs, he grew up learning the importance of resilience, adaptability, and long-term thinking. At 20, while studying in Canada, Mohit launched a profitable dropshipping business, but soon realised he wanted to build something with deeper consumer connection and purpose.
In 2019, he founded Miraggio after identifying a gap in the Indian handbag market, where luxury was aspirational but often inaccessible, and affordable brands lacked design and quality. With no prior fashion background, Mohit built the brand from the ground up, across product, sourcing, and brand building.After a bold pivot to monthly drops during the pandemic, Miraggio scaled rapidly, achieving a 6% market share across leading fashion marketplaces and ₹110 crore in revenue in FY 2024–25. The brand has since raised a total of $7.7 million in funding in 2025, marking its next phase of growth as a category-defining Indian accessories label.