After raising $5 million in series A funding in March, Indian fashion focused social network, Roposo.com has now secured $15 million from its existing investor, Tiger Global. The company plans to invest these funds in building a better team of global standards, reinforcement of the technological infrastructure, enhancing and revamping the product.
Founded by three IIT Delhi alumni, Mayank Bhangadia, Avinash Saxena (ex CTO of Zomato.com) and Kaushal Shubhank, the Gurgaon-based firm allows women to discover and shop new products and trends are liked, curated, personalized and updated every day from across online brands and eCommerce portals. With more than 1 million active users, the company helps a user to discover specific products from more than 300 web stores and 4000 brands.
The company had also launched its own app for Android and iOS users. It competes with other product discovery portals such as Yebhi.com, Violetstreet.com, Junglee.com, Klip.in and Fabence among others.Category Investments