fashalot news and archive

O2O start-up Fashalot looks at raising 5 million dollars

An online to offline (O2O) platform, Fashalot, which is a fashion and store discovery mobile platform, is trying to raise 5 million dollars (Rs 33.5 crores) in Series A funding. At the moment it is in talks with venture capitalists for the funding. In April, the Gurgaon-based firm had raised an undisclosed amount of funding from YourNest Angel...

Business

Angel investors bet big on fashion start-ups

Fashion and lifestyle space in India is no longer a taboo for angel investors as the growing number of investments show. This year so far, six investments have been made, up from four in 2015 and one in 2014. The value of the investments made stood at 38 million dollars (Rs 253.16 crores) in 2015, which was up from 21 million dollars (Rs...