This item is a traditional Indian potli bag, which is a type of drawstring pouch widely used for festive occasions, weddings, and gifting. It is typically made from velvet and embellished with sequins, embroidery, and a braided or pearl handle. Key Features Style: Traditional Indian drawstring "potli" bag. Material: It appears to be made from a soft yellow velvet fabric. Embellishment: The bag features intricate, gold-toned geometric patterns outlined with thread and adorned with sequins. Closure & Handle: It uses a thick, braided cord drawstring closure that doubles as a handle. Tassels are often attached to the drawstring (partially visible at the bottom). Usage: These bags are popular accessories for carrying essentials at weddings and traditional events and are also commonly used for packaging shagun (gift money), dry fruits, or small return gifts.