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Styletag, An Indian Fashion Site That Focuses On Emerging Designers, Scores $7.5M
Styletag, a fashion flash sales site in India, has landed $7.5 million in angel funding from Jitu Virwani.
Virwani is best known as the the chairman and managing director of Embassy Group, one of India’s largest real-estate companies (though the investment was made from his personal funds).
Read More: techcrunch.com
Styletag.com, India’s first online curated fashion and lifestyle startup announced that it has raised INR 50 crore in angel funding from Jitu Virwani, Chairman & Managing Director, Embassy Group. The investment of the said amount has been made in his own personal capacity. Embassy is one of India's leading property developers with a track record of over three decades. Styletag.com that makes luxury products accessible in the form of a flash sale model, caters to fashionistas who have an eye for style and avant-garde designs within an affordable range.