darveys news and archive

Darveys, Confidential Couture to raise funds and expand internationally

Fashion portals Darveys and Confidential Couture are looking at raising funds as well as eyeing international expansion. By the end of 2017, Darveys hopes to have over 1 lakh active members. The funds will be used to scale up hiring, advertising, marketing to have more visibility and deeper penetration in metros, Tier I and Tier II for better...

Retail

Luxepolis raises seed fund to add more categories

Online marketplace Luxepolis plans to raise Rs 6.6 crores as seed fund. The Mumbai-based company which sells apparel, fashion accessories, watches and jewelry from premium brands, as well as luxury automobiles, will be utilising the fund to expand its product categories. Luxepolis will add branded furniture, electronics and children’s fashion to...

Retail

Luxury etailer Darveys close to reaching break even

Launched last August, by Nakul Bajaj, online marketplace for luxury brands, Darveys boasts of over 8,000 registered members and around 30 orders per day with an average ticket-size of Rs 21,000. The company is said to be close to achieving a break even soon. Bajaj, who kicked-off the online venture with Rs three crore borrowed from his family,...

Retail

Darveys to increase luxury product offerings on its platform

Darveys.com the exclusive member’s only portal showcasing runway collections picked directly from shows held in the fashion capitals of the world is looking at product diversification. Looking at the rising number of fashion-savvy Indianconsumers seeking luxury products, the website plans to aggressivlye reach out to maximum audience....