elanic news and archive

Business is booming for online pre-owned branded apparels

A new market for pre-owned goods is emerging in India. Initial hesitation has been replaced by excitement and more takers are there for designer clothes, electronic gadget, furniture, vehicle among other things. The reason: people find it more practical and the market is driven mostly by youngsters. For young college goers, a pre-owned dress...

Retail

Elanic raises seed fund for growth

Elanic, a marketplace for used women’s fashion products has raised an undisclosed amount in seed capital from venture capital firm Rebright Partners, Sachin Bansal and Binny Bansal backed-TracxnLabs and angel investor Aneesh Reddy. Elanic, is a mobile app-based platform that connects shoppers who want to sell used fashion brands such as Mango,...