Mumbai-based online platform for women’s fashion and lifestyle, RedPolka which is headed by Vishakha Singh, has raised Rs 1.6 crore in angel round of funding. The investment was led by a group of five investors. The company aims to utilize the new funding to build its mobile app and to expand the team.
The three-month old portal helps in product discovery for online shoppers. It showcases products curated from niche brands which have an online presence, and currently partners with 32 paying brands. The startup offers products in categories such as clothing, accessories, drink + dine, kids, decor and others.
Other players who targeted at women’s fashion category include Bengaluru-based Woolpr and Gurgaon-based Roposo. In February, Woolpr secured $5 million in funding led by Helion Venture Partners and Roposo raised $5 million in series A investment led by Tiger Global in March.