Online salon and spa aggregator Fabogo (formerly Mazkara) has raised $2.25 million (Rs 14.5 crore) from existing investor Dunamis Ventures, which had earlier invested $1 million seed funding in January 2016. The company will be using 40% of the funds to strengthen technology, 40% to increase user base, and the remaining 20% for geographical expansion. Fabogo has also launched Android and iOS apps. Previously, the company had raised $500,000 angel funding in May 2015. Founded in March 2015, Fabogo launched operations in Dubai (UAE) in May 2015 and entered India in August 2015, starting with Pune. Following the January 2016 round of funding, Fabogo expanded to Abu Dhabi (UAE) and Mumbai. Since then, it has also launched services in Sharjah (UAE). Fabogo lets users search and discover salons and spas in their neighbourhood, identify offers/deals, and book appointments. The company claims that it gets 350,000 users per month and processes an average of 500 appointments daily. Note that this includes visitors from UAE and India, also it's not clear if these are unique visitors or not. Fabogo charges a commission for every customer directed to a salon or spa. Competition A number of services marketplaces such as Housejoy, UrbanClap and Nearbuy (formerly Groupon India) also offer similar services, but probably Fabogo's biggest competitor is Quikr, which has made a significant push for its beauty services vertical AtHomeDiva. Quikr acquired on-demand beauty services provider Salosa in May 2016, which the company rebranded as AtHomeDiva. Following this, Quikr also acquired beauty & wellness services startup ZapLuk in August…
- RTI: Where’s the data on Kisan Drone Yatra? March 27, 2023
- Summary: All you need to know about social media user complaints in January 2023 March 27, 2023
- YouTube pulls the plug on its live commerce venture simsim: Here’s what to know March 27, 2023
- IT Ministry Additional Secretary Given Approval Powers for “Protected Systems” Notifications March 27, 2023
- Video: Exploring User Verification, 23rd Mar, 2023, Delhi #Ad March 27, 2023
MediaNama’s mission is to help build a digital ecosystem which is open, fair, global and competitive.
Amazon announced that it will integrate its logistics network and SmartCommerce services with the Open Network for Digital Commerce (ONDC).
India's smartphone operating system BharOS has received much buzz in the media lately, but does it really merit this attention?
After using the Mapples app as his default navigation app for a week, Sarvesh draws a comparison between Google Maps and Mapples
In the case of the ‘deemed consent' provision in the draft data protection law, brevity comes at the cost of clarity and user protection
The regulatory ambivalence around an instrument so essential to facilitate data exchange – the CM framework – is disconcerting for several reasons.
Please subscribe to MediaNama. Don't share prints and PDFs.
You May Also Like
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...
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...
Twitter takes down tweets from MP, MLA, editor criticising handling of pandemic upon government request
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...
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...