Fashion Portal Roposo.com raises $5 million funding led by Tiger Global
Fashion-focused social network, Roposo.com today said they have raised USD 5 million funding led by technology venture investor Tiger Global.
Roposo.com raised USD 5 million (over Rs 31 crore) series A investment led by the technology venture investor Tiger Global, the company said in a release, adding that in this round of funding previous investors, Indian Quotient and Binny Bansal (Co-founder and COO of Flipkart.com) also participated.
"Fashion discovery is an untouched space in India and our technology team has come up with unique ways to make this search highly intuitive," Roposo.com Co-Founder and CEO Avinash Saxena said.
Roposo.com, offers fashion choices from across 150 webstores with categories ranging from apparel, footwear, accessories and lingerie. All of these products are curated and recommended to each user as per their individual taste.
"With browsers spending over 200 minutes on their platform, roposo.com is probably a world leader in fashion search, and this funding will help us strengthen our product further," Saxena added.
Roposo.com is the brainchild of three IIT Delhi alumni, Mayank Bhangadia, Avinash Saxena (ex CTO of Zomato.com) and Kaushal Shubhank.
"We want roposo to be better than Google and Facebook for fashion searches. We are sure serious fashion seekers will make Roposo their default fashion search engine," Co-Founder Mayank Bhangadia said