WOOP! WOOP! It’s party time and join us in this milestone celebration. All of you have a small part to play in our success and things are now going to get super awesome. We want to thank you all for the belief and support and it is this growing community of users that has brought us to where we are today.
But this is only the beginning.The best way we can think of returning the favor is to put all our efforts into making this App all about you and the best in fashion. We will keep all the stuff that you love and add some cool technology to make it even more awesome. It will now be more personalized while keeping the interactions and user experience fun.
We are very excited that you decided to take this fashion discovery voyage with us. Now you will have local and global products in the palm of your hand that you can purchase on the go.
So, if you have enjoyed the ride so far, you are going to love where we are headed.
And this journey, we cannot make without you!
Here’s the Release that was shared with the Press:
"Fashion Discovery App, Wooplr Secures $5 Million Funding"
HelionVentures leads Series A round in fashion m-commerce startup
Bangalore, February 18 2015: Wooplr, India’s first mobile fashion discovery and shopping platform,todayannounced their Series A funding round of US$ 5 million led by Helion Ventures.
The Wooplr app helps people decide what to buy and where to shop based on their interests, location and social circle. It gives the user a personalized feed of curated fashion products. Wooplr’s fast growing community of shoppers of which 80% are women, share fashion inspirations and the latest trends on the go.
The
company was founded by Arjun Zacharia, Soumen Sarkar, Praveen Rajaretnam and
Ankit Sabharwal and is based out of Bangalore.
The funds will primarily be used to hire top talent, expand the team and grow the Wooplr community as a whole. This infusion of funds will see Mr. Rahul Chandra, Co-Founder and Managing Director, Helion Ventures join Wooplr’s Board of Directors. The Series A financing builds on an exceptional year for Wooplr which saw a rapidly growing roster of clients and market momentum in the fast burgeoning area of m-commerce.
“Wooplr’s offering is well-timed with the rapidly increasing demand for solutions in m-commerce that brings together both, online and offline retailers on a common platform,” said Mr. Rahul Chandra, Co-Founder and Managing Director, Helion Ventures. “We believe the market will continue to see a shift towards m-commerce. Wooplr is a powerful solution for the industry and we are excited to collaborate with and support them as they work to build a great company in an exciting category” he added.
Commenting on the funding, Mr. Arjun Zacharia, CEO said, “Wooplr has just scratched the surface of the potential that m-commerce has to offer in India to both consumers and merchants. The financial support and domain expertise of Helion Ventures and our angel investors will help us execute our vision even more rapidly and with focus.”
The company previously raised $225,000 from a group of angel investors including Rahul Khanna, Sunil Kalra, Vivek Pandit and Jaspreet Bindra.
Wooplr was initially seed funded by a bunch of HNI’s from diverse backgrounds. This list includes Rajul Mittal, Deb Kumar Dutt, Amit Shiwani Girish Khanna, Prashant Vishen ,Manoj Jindal, Srinidhi Gowda, Jignesh Patel, KE Nikhileshwar, Kishore Kumar and Rajeev Krishnan.
The Wooplr mobile app was released in December, 2013 and is currently available for Android, iOS and the mobile web.
About Helion Ventures
Helion is a multi-stage, technology focused venture fund with over $600 million under management. Helion invests in technology and technology-powered businesses such as eCommerce, online services, mobility, enterprise software and outsourcing. Founded in 2006, Helion has over fifty portfolio companies and has backed companies like MakeMyTrip, RedBus, TaxiForSure, YepMe, Ezetap and others. Helion has its offices in Bangalore, Gurgaon (NCR) and Silicon Valley.