Thursday, April 25

Tag: CoutLoot

Funding Fest : All the Funding of the Past Week (2nd-9th April)
FUNDING

Funding Fest : All the Funding of the Past Week (2nd-9th April)

All the funding articles starting 2nd April to 9th April compiled in one. This week's edition contains 14 startups which raised a combined amount of approximately $ 460.35 Million. The highest funding of the week was recorded by PayTM Mall. To get additional details about the funding of a particular company, click on its hyperlink. Kaleidofin Kaleidofin, a Chennai based fintech platform raises $2.8 million seed funding led by Omidyar Network, a Silicon Valley-based impact investing firm established by Pierre Omidyar, the founder of eBay, Blume Ventures, and individual investors, including Israeli serial entrepreneur and inventor, Professor Shlomo Ben-Haim. BeYouPlus BeYouPlus, a Delhi-based health and wellness startup raised a funding round worth Rs 50 Lakhs from Fortis H...
Venture Catalysts Seed Investment in Fashion Startup CoutLoot
FUNDING

Venture Catalysts Seed Investment in Fashion Startup CoutLoot

Venture Catalysts, India's first seed investment and innovation platform, has facilitated a seed investment into CoutLoot, an end-to-end fashion reselling service. CoutLoot will be utilizing the funds secured through VCats for geographical expansion and launch of new product categories, and will be additionally strengthening its technological framework. Founded by Mahima Kaul, Sahil Khimavat, Vinit Jain and Jasmeet Thind, CoutLoot is a one-stop solution to de-clutter one's closet for cash. While sellers get paid for selling off unused branded and boutique fashion items from their closet, buyers get to avail products from the best brands in a nearly-mint condition at up to 80 percent off. CoutLoot has seen sales of 2,000 items since inception, has an inventory of 6,000 clothes, and see...