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Posts Tagged ‘ Voonik Technologies Pvt. Ltd. ’

Fashion portal Voonik’s FY16 sales rose twice as fast as its cash burn

Wednesday, February 8, 2017 | More »

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Voonik Technologies Pvt. Ltd’s net sales for 2015-16 rose almost forty-fold but losses widened 18 times, as the fashion e-commerce marketplace spent heavily on advertising to attract customers in a sector dominated by Flipkart-owned online retailers Myntra and Jabong. Net sales for the year throug...

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Delhi court restrains sellers from circulating defamatory material against Voonik

In a relief to fashion portal Voonik, the city court in Delhi has directed disgruntled vendors of the fashion marketplace to not publish or circulate any material that can be termed as defamatory. The court has also asked the vendors to file their responses by 28 February. On 21 January, Additional ...

23 January, 2017 | More »

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Fashion marketplace Voonik in legal tussle with Surat-based vendors

In another clash between sellers and online marketplace operators, fashion e-tailer Voonik and a group of Surat-based garment sellers are engaged in a legal battle over non-payment of dues. A group of garment sellers had filed a first information report (FIR) against the fashion e-commerce firm on 7...

19 January, 2017 | More »

Sujayath Ali, Founder & CEO, Voonik

Voonik hungry for more buys, to control marketing costs: CEO Sujayath Ali

Fashion marketplace Voonik’s appetite for acquiring tech startups that can help expand its business remains strong with the company looking to strike more deals after taking over six firms over the past year. Bengaluru-based Voonik Technologies Pvt. Ltd will also keep its marketing spends under co...

16 September, 2016 | More »

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Voonik hires Amazon’s Raghu Lakkapragada as chief operating officer

Online fashion marketplace Voonik Technologies Pvt. Ltd said on Tuesday it has appointed former Amazon India executive Raghu Lakkapragada as its chief operating officer. Lakkapragada will be responsible for the delivery operations and seller and customer experience, Voonik said in a statement. He is...

16 August, 2016 | More »

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Fashion marketplace Voonik gets $20 mn in Series B round from Sequoia, others

Voonik Technologies Pvt. Ltd, operator of an eponymous fashion marketplace, said on Thursday it has raised $20 million (about Rs 134 crore) in a Series B round of funding led by venture capital firm Sequoia Capital. Times Internet Ltd, Seedfund, Beenos, Beenext, Parkwood Bespin, Tancom Investments a...

16 June, 2016 | More »

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Voonik acqui-hires three startups to build premium e-commerce platform Vilara

Fashion e-commerce aggregator Voonik Technologies Pvt. Ltd has acqui-hired Zohraa, a marketplace for designers and boutiques, to build its e-commerce platform for premium boutiques and independent designers Vilara. The firm also acqui-hired Styl, a salon and spa booking app, and Picksilk, an online...

6 June, 2016 | More »

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Exclusive: Fashion commerce site Yufta gets pre-Series A funding

Hyperlocal fashion commerce portal Yufta, run by RKT Lifestyle Pvt Ltd, has raised an undisclosed amount of money in pre-Series A round of funding from Ajay Data of Data Infosys Ltd, and a group of Mumbai and Dubai-based high net-worth individuals (HNIs). The new capital will be used for technology ...

18 April, 2016 | More »

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Voonik acqui-hires personalised men’s shopping site Getsty

Personalised fashion e-commerce aggregator Voonik Technologies Pvt Ltd has acqui-hired Bangalore-based personal shopping site, Getsty. Post the deal, Voonik will launch a men’s fashion app. It also plans to leverage its existing customer base, its supplier network and its highly effective recom...

24 February, 2016 | More »

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Voonik acqui-hires TrialKart for virtual dressing feature

Personalised fashion e-commerce aggregator Voonik, run by Voonik Technologies Pvt Ltd, has acqui-hired TrialKart, a mobile platform that provides virtual dressing room experience. The TrialKart site now redirects to Voonik and its independent app is no longer accessible. Acqui-hire refers to the buy...

26 August, 2015 | More »

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