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Rent It Bae acquires fashion rental startup Flyrobe

Delhi based startup AARK World Pvt. Ltd that owns and operates Rent It Bae (premium fashion rental service) has acquired the business of Flyrobe, India’s first fashion rental startup. The company has merged the two businesses and is now...

Unraveling the Indian luxury market in 2030

Over the next decade, the Indian luxury market is well poised to see positive growth on the back economic development, greater connectedness and policy reforms, all of which will off er a plethora of opportunities for luxury companies to...

Pre-Worn and Pre-Loved: Future of the fashion retail industry

When Flyrobe, the fashion rental service received venture capital funding and raised US$7 million in two rounds from Sequoia Capital, IDG Ventures and Tokyo based GREE Ventures, the Indian retail sector took notice and saw an opportunity. Globally, earlier...

Homegrown e-commerce players form group

Several Indian e-commerce players, including Snapdeal, Shopclues and Urbanclap, formed an association of their own, The E-Commerce Council of India (TECI), on Wednesday to put forward the industry's views before the government besides working with other stakeholders.Fynd, Shop 101,...

Beyond Vanilla Selling: Fashion start-up apps that offer more

The fashion retail sector is one of the most dynamic industries in India. The sector has seen many changes in recent years. From retail stores to Omnichannel strategies, to e-commerce only companies, aggregator websites and curation apps, reverse Omnichannel...

Flyrobe raises US$5.3 million from IDG Ventures, Sequoia and others

Mumbai-based online fashion rental platform, Flyrobe, has secured US$ 5.3 million in a Series A funding round. The round was led by IDG Ventures India with participation from Sequoia Capital India Advisors and GREE Ventures. Flyrobe, founded by Shreya Mishra,...
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India witnesses 11.5% increase in mall consumption in FY 2024

North India and West India are at the forefront of the mall consumption surge, with growth rates of 13.0%...
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