×
320
Fashion Jobs
LIFE TURN MANAGEMENT CONSULTANT
sr. Manager Production - Sricity, Tada - Mnc Company - Engineering Ind
Permanent · Tada
MCKENZIE
Hiring For Retail Store Merchandiser / Manager
Permanent · Chennai
V2B GLOBAL CONSULTANTS
sr Technician Apparel -Buying Office
Permanent · Gurugram
MANPOWERGROUP SERVICES INDIA
Opening || Horeca Sales Manager || Kolkata
Permanent · Kolkata
ADIDAS
Senior Product Owner - Machine Learning & ai
Permanent · GURUGRAM
ADIDAS
Senior Technology Consultant - Omnichannel
Permanent · GURUGRAM
PUMA
Manager- Warehouse (B2C)
Permanent · Bengaluru
HARMAN FINOCHEM
sr. Manager- Api Production For Srp With Leading Pharma @ Aubad
Permanent · Aurangabad
PNB HOUSING
Area Sales Manager
Permanent · Thane
PNB HOUSING
Area Sales Manager
Permanent · Pune
JM FINANCIAL HOME LOANS LTD
Area Sales Manager - Home Loans
Permanent · Chennai
DANIEL WELLINGTON
IT Support Specialist
Permanent · MUMBAI
DBS BANK
Hiring For Area Sales Manager - Gold Loan
Permanent · Karaikal
DBS BANK
Hiring For Area Sales Manager - Gold Loan
Permanent · Thiruvarur
DBS BANK
Hiring For Area Sales Manager - Gold Loan
Permanent · Tirunelveli
AVANTOR
Area Sales Manager- Lab Consumables
Permanent · Pune
ADIDAS
Manager Brand Activation Originals
Permanent · GURUGRAM
ZACH LIFESTYLE PVT. LTD.
Manager - Content & Social Media
Permanent · MUMBAI
NEW ALFA INTERNATIONAL
Foundry Production Manager
Permanent · Dubai
MEDCIS PATHLABS
Medcis Pathlabs is Hiring For Pathology Area Sales Manager
Permanent · Visakhapatnam
PERFECT PUBLISHING SOLUTIONS
Area Sale Manager-b.Tech Fresher-German Mnc -Immediate Joining
Permanent · Bhubaneswar
PERFECT PUBLISHING SOLUTIONS
Area Sale Manager-Denmark Mnc - Medical Device or Hearing Aid
Permanent · Chennai
Published
Nov 25, 2019
Share
Download
Download the article
Print
Click here to print
Text size
aA+ aA-

Social commerce start-up Wmall raises Rs 64 crore

Published
Nov 25, 2019

Bengaluru-based social commerce start-up Wmall has raised around Rs 64 crore ($8.9 million) in Series B round of funding from Chiratae Venture Partners (formerly IDG), SAIF Partners, and VH Capital.
 

Social commerce start-up Wmall raises Rs 64 crore - Wmall


Wmall had earlier raised around $2 million in its series A round from Venture Highway and SAIF Partners. It will be using the funds to strengthen its presence and expansion of product portfolio.
 
The start-up already has a strong presence in tier 2, 3 cities and focuses on categories including beauty, clothing, accessories, and beauty products.

The fresh capital infusion is expected to help Wmall widen its customer base across India.
 
“We have issued 20 equity shares and 6,501 Series B Compulsorily Convertible Preference Shares (Series B CCPS) both for Rs 98,185.04 per share to Chiratae, SAIF, and VH Capital, thus aggregating a total amount to Rs 640,264,645.84,” Wmall said in its filings with RoC.
 
WMall was founded by Harmin Shah, Rishabh Verma, and Anubhav Singh in 2018 and competes with start-ups like Meesho, GlowRoad, Shop101, SimSim among many others.
 
With a slowdown in the e-commerce and retail sector, the social commerce segment is witnessing strong growth which is why investors see huge potential in this segment.

Copyright © 2023 FashionNetwork.com All rights reserved.