Fashion-focused social network Roposo.com has raised $15 million in a round of funding led by Tiger Global, reports iamwire. The platform will use the funding from building up its infrastructure, hiring and enhancing its product. Roposo had previously raised $5 million from Tiger Global, India Quotient and Flipkart co-founder Binny Bansal in March this year. The company had also raised an undisclosed amount from India Quotient, 5ideas Startup Superfuel and Flipkart co-founder Binny Bansal in July last year and $500,000 from the same investors in December 2013. Roposo had officially launched its social fashion platform in June 2014, after debuting it in beta in December 2013. The platform aggregates fashion merchandise from various e-retailers to offer fashion recommendation to consumers across various categories like clothes, bags, jewellery, shoes, lingerie and accessories among others. It offers a unique side scrolling interface that makes it ideal for comparing and checking products out side by side. Founded by Mayank Bhangadia, Avinash Saxena and Kaushal Shubhank, the platform currently claims to have over a million active users and to list over 4,000 brands from over 300 websites including Shopclues, Flipkart, Myntra, Zovi and Jabong. Competition: - VioletStreet, a social commerce platform, raised $315,000 in angel funding from angel investor Srinivasa Rao Paturi and former Bank of America SVP Venkat Vallbhaneni in January this year. Previously, VioletStreet had raised a funding of Rs 10 lakh from five investors at Startup SmashUp in Hyderabad in May last year. - Fashion and lifestyle products aggregator, Yebhi.com started…
Please subscribe to MediaNama. Don't share prints and PDFs.
You May Also Like
News
Google has released a Google Travel Trends Report which states that branded budget hotel search queries grew 179% year over year (YOY) in India, in...
Advert
135 job openings in over 60 companies are listed at our free Digital and Mobile Job Board: If you’re looking for a job, or...
News
By Aroon Deep and Aditya Chunduru You’re reading it here first: Twitter has complied with government requests to censor 52 tweets that mostly criticised...
News
Rajesh Kumar* doesn’t have many enemies in life. But, Uber, for which he drives a cab everyday, is starting to look like one, he...