Shopwati a social network for all fashionistas and shopaholics which is based out of Gurgaon, has raised an undisclosed amount of seed funding from Sanjiv Rai of SRKK Advisors.
Shopwati was founded by Mehak Suri and Ankit Bajaj in the year 2015, and helps women shoppers find clothes and accessories with the help of 55,000+ community members that comprises of stylists, bloggers, private labels, designers, brands and many other users talking about fashion.
Talking about this development, Ankit Bajaj, co-founder and CEO of Shopwati mentioned,
“We aim to build a strongcommunity which helps each other make better fashion choices. Unlike every other Fashion Discovery App, Shopwati is not just about finding fashion inspiration, it aims to help people who want to act on it”
The raised capital will be utilised by the startup to fund its upcoming phase of technology development and reach out to customers & vendors in cities outside Delhi. It has recently launched the preview of their Android app and is receiving great reviews for the same.
The startup is growing at a very fast pace and addresses over 300 queries per day and has crossed a GMV of over INR 1.5 Cr, in just six months of its operations.
Shopwati helps individuals find stylish clothes & accessories, which they are looking for, through community vendors, users and bloggers in best deal.