Fashion portal StylFlip steps up seed round from real estate developers Raj Gala Shah and Zaheer Memom.
Pre-owned fashion portal StylFlip has increased its seed round with a concealed amount from real estate developers Raj Gala Shah and Zaheer Memom. This portal; which is quite popular for flaunting, selling and showcasing our pre-owned fashion items, has done this as an attempt to develop and market its platform. The added attraction of this portal is, it provides the users with the facility to buy and sell branded pre-owned goods at a reduced price.
This app allows users to post pictures of the item to be sold, which are then certified and made presentable by the platform itself, before being posted online for the buyers’ viewing.
Zarik Nabi, co-founder of StylFlip; who was previously a part of Brandscope at BCCL, says that this portal gives women an opportunity to pose as entrepreneurs, by posting the items that they had bought by mistake and sell them, in order to raise money for their next buy.
Though this app had been launched only recently and with only two weeks since its launch, it has managed to raise nearly 500 downloads and listing up to 300 products for the users’ view. The recent raise in the seed round promises to increase the popularity of the portal.