Friday, April 19

Tag: Fynd

O2O Platform Fynd Raises Funding From Google
FUNDING

O2O Platform Fynd Raises Funding From Google

Omni-channel platform Fynd closed Series C round of funding led by Google. The other active investor's group like Kae Capital, IIFL, Singularity Ventures, GrowX, Tracxn Labs, Venture Catalyst, Patni family office and Hong Kong-based Axis Capital among other angel investors in the round. Fynd's latest round of funding will enable the platform to further enhance the way it engages with consumers and retailers in a better way. With 8,000+ outlets on board, Fynd's unique proprietary inventory integrations enable customers to discover fashion in real-time and know the exact specifications of the products available. Earlier in April 2017, Fynd raised funds led by IIFL with participation from New York-based FJ Labs and Silicon Valley-based Rocketship among other participating existing...
Fynd Raises Series A of USD 500k From Silicon Valley Based Rocketship
FUNDING

Fynd Raises Series A of USD 500k From Silicon Valley Based Rocketship

Mumbai, May 15th, 2017: Underlining its commitment to offer superior customer experiences with real time fashion discovery, Fynd, the unique fashion e-commerce portal, recently raised follow-up funds of USD 500k from Silicon Valley-based Rocketship. This new capital has been raised in an extension of the Series A funding round wherein the fashion e-commerce portal had raised USD 500k from Venture Catalysts in March. Fynd seeks to chiefly utilise the funds to strengthen its tech backbone, optimize its operations and further enhance its customer offerings as well as strategies. Fynd will leverage the VC firm’s expertise in data mining and machine learning capabilities to emerge as a household name in the fashion e-commerce space. The Series A funding comes close on the heels of the compan...
Anand Chandrasekaran Invested in Fashion E-commerce Portal Fynd
FUNDING

Anand Chandrasekaran Invested in Fashion E-commerce Portal Fynd

Fashion e-commerce portal Fynd has raised an undisclosed amount of funding from Facebook executive Anand Chandrasekaran. Arvind Sports Lifestyle CEO Rajiv Mehta and Livspace co-founder Ramakant Sharm also participated in this round. Fynd optimises delivery time for online shoppers by sourcing products from the outlets nearest to the customer. It sells fashion apparel, bags and accessories on its platform. "Our major purpose of raising the round wasn't to gain more capital but to partner with stakeholders who can actually help us with their experiences and expertise.” Last year, Fynd completed preliminary testing of its business model and was scaling up business from Mumbai to nationwide, said Fynd’s, co-founder Harsh Shah. "Around the same time, Anand, Ramakant, and Rajiv amongst...