A B2B FashionTech startup CouchFashion has raised $150K in seed round funding from We Founder Circle.
“The startup plans to use fresh funding for hiring, increasing product offering to customers, and for content partnership,” the statement said.
Speaking on the investment in CouchFashion, Neeraj Tyagi, CEO & Founder, We Founder Circle said, “After pandemic, one industry that has witnessed a boom in e-commerce. India’s eCommerce market alone is expected to grow USD 100 bn by 2023. As a result, there is a lot of innovation happening in this segment to attract, engage & retain consumers.”
“CouchFashion AI-enabled style recommendation engine helps e-commerce giants to do the same. Its technology solution recommends a variety of style options to the user in real-time when they want to buy a product on these eCommerce platforms,” Tyagi said.
Commenting on the fundraise, Rohit Jaiswal, CEO & CO-Founder, CouchFashion said, “We are glad that WFC believed in our model. Along with their funds, we are excited to have strategic investors onboard who along with their industry experience bring their business acumen to the table which will immensely help us to grow Couch Fashion globally in the coming years.”
