Gurgaon Based Beauty Wellness Startup Stylofie Bags Fund

Jaideep Mehta, MD- South Asia, IDC has invested an undisclosed amount in Gurgaon based beauty and wellness startup, Stylofie. As per the deal, Mehta will be joining Stylofie’s board of directors and will mentor the Stylofie management team.
Stylofie was launched in Gurgaon in Septermber 2015 as an online marketplace for beauty and wellness centers. It recently acquired its competitor Hyve in Bangalore, thereby onboarding 250 salons and a user base of more than 20,000 consumers.
The company is now working on expansion plans and at the same time, it is also focused on raising their next round of funding. Prateek Agarwal, Co-founder & CEO of Stylofie said, “We are all set for a tectonic shift in the beauty and wellness market. We are launching across Delhi NCR by end of this month and post that we will be raising our Series A funding. He added, “We have the 3 most important ingredients in place- the right team, a terrific technology platform and consumer appetite for our services. We are excited to have someone like Jaideep mentor us, as we embark on this long and exciting journey.”
Share this:

About Jessica Priston

Ut tellus dolor, dapibus eget, elementum vel, cursus eleifend, elit. Aenean auctor wisi et urna. Aliquam erat volutpat. Duis ac turpis. Integer rutrum ante eu lacus. Vestibulum libero nisl, porta vel, scelerisque eget, malesuada at, neque. Vivamus eget nibh. Etiam cursus leo vel metus. Nulla facilisi. Aenean nec eros.

  • Website
  • Google+
  • Rss
  • Pinterest
  • Instagram
  • LinkedIn
  • Vimeo
  • Youtube
  • Flickr
  • Email

Related News

  • Cashback site Cashkaro now offers restaurant discounts

    India’s e-commerce market looks large and lucrative enough from the outside, but insiders know it is very challenging. In fact, the number of e-commerce sites and businesses is growing so fast here today that the competition is cut-throat. This

  • What is Viscose Material? Advantage and disadvantage of viscose.

    Viscose is a unique form of wood cellulose acetate used in the nnmanufacture of a number of different products. This includes items for nnthe medical industry, though it is perhaps most common as a major nningredient in the production of the fabric r

  • Honda launches new CBR 250R bike
    Honda launches new CBR 250R bike
    July 01, 2014 5:50 am

    New Delhi: Honda Motorcycle & Scooter India (HMSI) launched a new edition of its global sports performance bike CBR 250R priced between Rs 1.56 lakh and Rs 1.86 lakh (ex-showroom Delhi). The 2013 edition CBR 250R is available for sale across a

  • Zara has opened store at Ambience mall, Gurgaon

    Zara, has opened its new store at Ambience mall, Gurgaon. Spread over 28,000 sq.ft. across two floors the store has taken the space earlier occupied by Debenhams. With this Zara now has twelve stores in India. It is present in 86 countries with