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Noida based FabAlley raises $2M from India Quotient and Indian Angel Network


FabAlley is an online fashion brand for fashion accessories and apparel.

Noida, Oct 13, 2016. Red Newswire/–

Online fashion brand retailer FabAlley has raised $2 million in series A funding from Indiaan Angel Network (IAN) and India Quotient.

Founded by the duo of Shivani Poddar & Tanvi Malik in 2012, FabAlley has raised more than $2 million till date. The startup had raised seed funding of undisclosed amount in November 2013 from IAN.

It’s a private label brand for women’s fashion. Initially started out by providing curated accessories including jewelry, shoes and bags.

Currently houses over tens of product categories and fashion brands on its website. Offers fast fashion clothing as per latest trends globally and in India. It actively does marketing with magazines like Cosmo, Grazia and fashion bloggers like High Heels Confidential, POPxo. Makes revenues of about INR 1 crore each month as per reports from Tracxn.

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