8 334
Fashion Jobs
BENCHMARK SERVICES
Area Sales Manager - Sme Lap With Top Nbfc Company
Permanent · AHMEDABAD
GENIUS CONSULTANTS
Opening For Territory Sales Manager OR Area Business Manager
Permanent · NASHIK
TALISMAN HR SOLUTIONS
Area Sales Manager (Transportation & Logistics Company)
Permanent · AHMEDABAD
AUXIN RECRUITMENT CONSULTANTS
Area Sales Manager | Lap | Hyderabad
Permanent · HYDERABAD
BERGER PAINTS
Area Sales Manager Wood Coating
Permanent · ROHTAK
360 REALTORS
Hiring -Team Leader/ Sales Manager / Relationship Manager| Pune
Permanent · PUNE
LEVI'S
Senior Supply Planner
Permanent · BENGALURU
ADIDAS
Manager -Tech Infrastructure
Permanent · CHENNAI
ADIDAS
Senior Specialist - Finance Operations FP&A
Permanent · CHENNAI
ADIDAS
sr. Manager Merchandising Ecommerce - em Hub
Permanent · GURUGRAM
ADIDAS
sr. Manager- DPC Partner Program
Permanent · GURUGRAM
L'OREAL GROUP
Online Brand Manager
Permanent · MUMBAI
L'OREAL GROUP
Retail And Education Manager - Ysl
Permanent · MUMBAI
JCPENNEY
Senior Manager
Permanent · BENGALURU
DAMYAA PJ FOODS
Area Sales Manager/Regional Sales Manager
Permanent · ROHTAK
ON TIME SOLUTIONS
Branded Fmcg Company Opening For Area Sales Manager in North Kerala
Permanent ·
HECTOR AND STREAK CONSULTING
Sales Engineer / am / Manager - Ups
Permanent · MUMBAI
HDFC LIFE
Hiring For Associate Area Manager-Abp Channel
Permanent ·
STONELAM SURFACES LLP
Area Sales Manager- Project Sales
Permanent · CHENNAI
SHINE
Oracle Functional Consultant - Scm
Permanent ·
SHINE
System Administrator
Permanent ·
SHINE
Information Technology Executive
Permanent ·
Published
Apr 24, 2017
Download
Download the article
Print
Text size

Online fashion brand StalkBuyLove raises $1 million

Published
Apr 24, 2017

Online fashion brand StalkBuyLove has raised $1 million in venture debt from Trifecta Capital to strengthen its supply chain technology and expand its team, the Mint reported.


Online fashion brand StalkBuyLove raises $1 million - StalkBuyLove.com



Owned and operated by Ad Victoriam Ventures Pvt Ltd, StalkBuyLove had previously raised a series A round of equity funding led by Kalaari Capital, in December 2016.

Including the current debt round, the company’s total funding adds up to over $5 million.
Venture debt allows start-ups to raise working capital without diluting ownership unlike equity funding. With a target corpus of Rs500 crore, Trifecta has invested in companies such as Urban Ladder, Paper Boat and UrbanClap.

Founded in 2012 by Tushar Ahluwalia and Nishrit Shrivastva, StalkBuyLove sells fashion apparel and accessories for women online, through its website and mobile application.

The company claims to have average basket size of Rs1,700, earning gross margins of about 60%.
 
Firms selling private labels enjoy better margins. The brand sold 65,000 garments in April, said the chief financial officer of the company, Tushar Baveja.

The company is purchasing a software from Israel to strengthen its supply chain in addition to introducing new categories; aiming to double its revenue run rate to Rs100-150 crore by December 2017, added Ahluwalia.
 

Copyright © 2024 FashionNetwork.com All rights reserved.