klozee news and archive

Online fashion rental start-up Klozee closes down

Online apparel rental start-up Klozee wants to shut down some shops within six months to raise its maiden round of funding. The closure speaks of the stress in the pre-owned apparel sale and rental segment. Klozee had failed to gain scale after its funding. A dozen-odd employees at Klozee, which was owned by Humble Egg Technologies, have joined...

Retail

‘Costumes on rent’ services gain momentum in India

Following the success of such services in the western countries, recently launched Indian start-ups and companies renting designer costumes for different occasion – from an engagement, wedding to a western-themed party, are receiving a huge response. Indian customers, who do not believe in investing money in expensive designer clothes, yet want...

Business

Klozee raises seed funding from TracxnLabs

The month-old start-up Klozee, has raised funding through a seed funding round from TracxnLabs. The company’s business model is renting designer apparels at one-tenth of the retail price. Founded by IITans and it currently serves customers in Bangalore. The idea of starting a designer clothing rental business clicked when co-founder Aman Haji’s...