Voonik enters top rate e-trade phase, acquires 3 begin-ups

Voonik says its core app which caters to women has 8 million app downloads, 10 million registered users and the highest engagement among shopping apps.

Voonik says its center app which caters to ladies has eight million app downloads, 10 million registeredcustomers and the best engagement among purchasing apps.
New Delhi: Voonik technologies Pvt. Ltd that operates the style app Voonik on Monday stated it has entered the premium e-commerce section with the purchase of Zohraa, a marketplace for designers and boutiques. The section will be referred to as Vilara.

The Bengaluru-based agency has made greater acquisitions—Styl and Picksilk—to reinforce its coreofferings in generation and product. The corporation did not expose the dimensions of the offers, that are acqui-hires.

The improvement turned into first mentioned by using The economic instances on Monday.

Zohraa become based in June, 2012 and sells ethnic put on and dressmaker wear products. It presentlyhas a group of 12 members. Styl turned into based as a platform to attach salons and stylists andcustomers. It has a crew of 9 individuals.

Picksilk has a team of eight individuals.

Voonik says its middle app which caters to girls has eight million app downloads, 10 million registered usersand the best engagement among purchasing apps. In assessment, Vilara might be a one-stop place tostore from thousands of top rate boutiques and unbiased designers.

we are very enthusiastic about Vilara and the concept of bringing over 1,000 boutiques in a single place. We were able to acqui-rent a talented bunch of entrepreneurs, with the right expertise to help usenhance the Vilara offering,” said Sujayath Ali, leader government officer, Voonik. Voonik becamefounded in 2013 through Sujayath Ali and Navaneetha Krishnan.

The organisation closing introduced a fund enhance of $five million in collection A round of fundingfrom Sequoia Capital and an early level funding fund Seedfund.

With those acquisitions, the organisation has were given a tremendous advantage in getting into thephase of top rate clients, who are inclined to pay for high exceptional, precise way of life products. Vilara will cater to both fashion as well as domestic categories, the company said.

Voonik recently acqui-hired TrialKart, Getsy and a group from clothing condominium begin-up Klozee. Mint mentioned that a group of a dozen-ordinary human beings at Klozee turned into absorbed by usingVoonik closing month .

on the supply aspect, Voonik has over 1.5 million merchandise from more than 10,000 dealers.

About the author

Related Post