Online Shopping Platform Modestreet Raises Angel Funding
An online omnichannel fashion shopping and discovery platform Modestreet Internet has secured an undisclosed amount in a funding round. The round was led by angel investors Anshika Aggarwal, a chartered accountant and EY executive.
The funds so raised by the startup will be utilized to launch its operations in Delhi-NCR, Jaipur, Agra and Chandigarh and to strengthen its technology teams. These plans were stated by Abhitosh Yadav, the co-founder of the company.
Modestreet was founded by Abhitosh Yadav and Rohit Chhabra who both are alumni of the National Institute of Fashion. The startup offers an online and offline fashion retail platform which includes social networking and augmented reality services. The company also caters to businesses in the fashion retail space.
“As a communit...