Tuesday, November 5

Tag: Fashion Marketplace

Voonik Acquires Styling, Personalization App Dekkoh
ACQUISITION

Voonik Acquires Styling, Personalization App Dekkoh

India’s leading personalization focused fashion marketplace Voonik has announced the acquisition of Dekkoh. Over the last few months, the company has acqui-hired Zohraa, Picksilk, Styl, TrialKart and Getsy. Dekkoh was founded by Aditya Chalsani and Varun Mathew, as a fashion discovery platform that allows users to chat one-on-one with their own personal stylist and buy clothing and accessories that suit them. It connects stylist community of more than 200 stylists to consumers seeking fashion advice and also have a rule based chat bot technology. “Voonik is built around personalised fashion, to provide every customer a solution and opportunity to be fashionable every day. Personalization is what has set us miles ahead of competition. Dekkoh platform is doing the same through an engaged...
Fashion Marketplace Startup Voonik Raises 133 Cr Funding From Kunal Shah & Others
FUNDING

Fashion Marketplace Startup Voonik Raises 133 Cr Funding From Kunal Shah & Others

Fashion marketplace Voonik has raised USD 20 million (around Rs 133 crore) in Series-B round of funding to scale up operations. Sequoia Capital led the round with participation from Times Internet, Seedfund, Beenos, Beenext, Parkwood Bespin, Tancom Investments and Kunal Shah, it said in a statement today. "The funds will enable Voonik to enhance customer experience, strengthen their personalisation engine, and to scale up Mr Voonik and Vilara," the company said. "Series A helped us in gaining scale, and now with this renewed investor confidence through Series B, we are all set to consolidate our leadership in fashion commerce," co-founder and CEO Sujayath Ali Voonik said. Launched in August 2014, The company has 10 million registered users, 8 million app downloads, 100 million annu...