Several second-rung online fashion retailers are introducing categories not core to their businesses expecting to seize a little more of the market not captured by Flipkart and its units or Amazon. But analysts say they might be merely grasping at straws. Flipkart, along with its fashion units My…
Tag: Voonik
Fynd secures $500k in follow on Series A funding from Rocketship
Mumbai-based e-Commerce fashion platform Fynd has raised $500,000 in a follow-on Series A funding round from Silicon Valley-based Rocketship. Rocketship is an early-stage venture capital fund investing in companies using models built through data science. The firm’s founders, Venky Harinarayan an…
Stalkbuylove raises $1 mn venture debt from Trifecta Capital, plans for team expansion
Online fashion brand StalkBuyLove has raised $1 Mn venture debt from Trifecta Capital. Founded in 2013 by Rocket Internet alumni Tushar Ahluwalia and Nishrit Srivastva, StalkBuyLove is a fashion-focussed private label ecommerce company with a tech-enabled supply-chain model. Talking about why the…
BITS Pilani’s international start-up challenge ‘Conquest 2017’ is back
If you have a brilliant business idea and don’t know where to pitch it, BITS Pilani’s international student-startup challenge is for you. The college is back with its 13th edition of Conquest 2017, which serves as a launchpad for your startup and entrepreneurial dreams. Conquest offers one-on-one…
Is ‘Google Tax’ making start-ups a tax scapegoat ?
Looking factually among the next breakout economies, India is the largest pie of the future bread and butter to several large digital ad networks – the Googles and Facebooks of the world – thanks to its more than 277 million Internet users, second only to China and ahead of the US. In fact, it al…
InnoVen Capital lends $20 mn to Indian start-ups in Q2
Temasek-backed venture debt firm InnoVen Capital has increased its lending to Indian startups by USD 8 million in second quarter of FY17. The company funded deals worth 15 deals worth USD 20 million compared to USD 12 million in the previous quarter. Between July and September this year, InnoVen …
Focus on SMEs & e-Commerce poised for tremendous growth in near future | Voonik Co-Founder Sujayath Ali
The future is full of possibilities for SMEs and it is up for grabs, given the opportunities granted by the e-Commerce boom in India. SMEs may not have strong online presence, but 43% of the total SMEs participate in online sales in India. Voonik, an apparel sector e-Commerce startup, is a conflu…
Voonik acquires styling & personalisation app Dekkoh
Voonik, India’s leading personalization – focused fashion marketplace, announced the acquisition of Dekkoh. Voonik has been expanding rapidly and has brought newer businesses into its fold with a vision of offering its customers the best online fashion experience. Over the last few months, …
Smartbox in talks to raise $10 million
Delhi-based start-up Smartbox, which provides online shoppers with a secure way to pick up their parcels from ATM-like terminals at a convenient location and time, is in talks to raise its first round of funding of $10 million from domestic and international investors. With an installed base of 1…
Voonik acquires three startups
Sequoia Capital-backed fashion marketplace Voonik has acquired three startups to build its premium fashion product Vilara . The company has now acquired five startups in the past six months. Voonik, which is focused on curated fashion, is attempting to strengthen its leadership in the unbranded f…