Home Fashion Roposo Raises $1 Million From Binny Bansal & India Quotient

Roposo Raises $1 Million From Binny Bansal & India Quotient

By  
SHARE

Gurgaon-based Relevant e-solutions, owner of , a fashion-focused social network, has raised $1 million in a bridge round of funding from its existing investors, including ’s co-founder and seed fund India Quotient. The capital will be used for product enhancement and category expansion.

The startup had previously raised under $500,000 in its first round of funding from Bansal and India Quotient, besides 5ideas Startup Superfuel, for its other product Giveter.

, Co-Founder of Roposo said, “Everyone has witnessed how e-commerce has revolutionised the availability of products for shopping. But it has created another problem or need – discovering these products in such a cluttered online space. Today the kinds of tools available are simply not designed keeping in mind how the user goes about shopping. Roposo is solving this problem through data.”
The startup was founded by , former CTO of Zomato and Bhangadia, a senior consultant at Schlumberger Business Consulting. Launched in December last year, Roposo is a fashion-focused social network that allows women to discover and shop new products.

The company claims that Roposo has over two lakh products across 5,000 brands from more than 150 vendors. All of these products are curated and recommended to each user as per her individual taste. Roposo further claims that it has crossed 100,000 unique monthly visitors.