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SUJAYATH ALI
ShopUp gets $75 million from Peter Thiel's Valar Ventures, Prosus and othersThis is the first investment by Valar Ventures and Prosus Ventures in Bangladesh. Thiel, co-founder of PayPal and Palantir, ranks among Sil...- Refrens bags funds from angel investorsRefrens, which helps freelancers and small businesses with invoices and payment, has raised funds from a group of angel investors including...
- Voonik eyes a remake, to sell only private labelsVoonik, in an email to sellers, said it was moving to a single-brand retail model in the coming weeks, and all products that sellers manufa...
- Voonik to focus on private labels to turn profitable, go public by 2019The Bengaluru-based company, which reported revenue of Rs117 crore for 2016-17, had launched its private label for women six months ago and...
- Voonik reaches Ebitda profitabilityThe company saw Rs 117 crore in revenue in financial year 2017, while the burn was Rs 135 crore. In FY16, Voonik’s revenue was Rs 26 crore ...
- Voonik hopes to be EBITDA profitable by year endThe company has also claimed that it has already achieved a GMV of $90 million for FY17 and has clocked revenue of Rs 116 crore so far whic...
- Fashion e-tailer Voonik asks staff to forgo 3 months’ salaryThe affected workforce is largely in product development and customer support, while the operations team won’t be a part of this move, at l...
- Voonik's loyalty programme contributes to 25% of daily ordersVoonik Primo offers members free shipping and zero cash-on-delivery charges and is likely to contribute to 50% of daily orders in the next ...
- Online fashion marketplace Voonik relying on tech to scale up"We scaled up too fast initially and did not focus on building the right systems. So six months back, we decided to take a step back and st...
- Voonik gets chief data scientist from GrouponPadode joins Voonik from Chicago-based deal provider Groupon, where he led the company's international data team from its Silicon Valley of...
- Voonik confident on reaching $250-million sales mark soonThe company is currently on a $100-million GMV run rate and has recently expanded into two additional product categories on its platform, w...
- Voonik raises $3 million in venture debt financing from Temasek-backed InnoVen Capital“Voonik is an ecommerce 2.0 company… It’s a leaner version of how ecommerce can be done in India,” said Vinod Murali, managing director, In...
- Voonik raises $20 million in fresh capital from existing and new investorsThe latest round follows the $5 million raised by the three year-old company in June last year from Sequoia and Seedfund and comes less tha...
- Voonik plans foray into Men’s fashion, acqui-hires Getsty to scale upPersonalisation-focused fashion marketplace Voonik will introduce men’s fashion on its marketplace riding on the acqui-hire of Getsty.
- Personal shopping app startup Voonik opens web shop nowVoonik has launched a desktop site, bucking the wider trend of consumer Internet companies in India going mobile-only.
- Being humble helps you get work done: Sujayath Ali"My time at iNautix taught me that everyone deserves respect — you can get better work done simply by being genial," says Sujayath Ali, CEO...
- Voonik acqui-hires Trialkart to provide shoppers a virtual dressing room experienceMyntra, which recently shut its website to go app only, also wants to focus heavily on building capabilities around image recognition.
- Flipkart keeps app plan on hold to assess how it will impact sales in big-ticket categoriesAccording to Internet & Mobile Association of India and KPMG, India is projected to have 236 million mobile Internet users by 2016.
- Koramangala people are more comfortable shopping online: Voonik co-founder Sujayath Ali"Voonik is a personal styling and personal shopping app that allows users to buy what suits their body, lifestyle, personality, and budget."
- Fashion aggregator Voonik raises $5 mn from Sequoia, SeedfundThe Series A funding will enable the company to enhance its personalisation and style recommendation technology, it said in a statement.
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