As of November 9, sustainable and slow fashion brand Folde has officially started its crowdfunding campaign. The brand, which seeks to find the best possible way to produce environmentally conscious clothing, chose crowdfunding over corporate investment in order to avoid a goal for profit overshadowing its sustainable mission. Placing style over trend, the brand’s focus … Read More →
Online jewellery brand Melorra said on Wednesday that it has raised $12 million in a Series C round led by existing investor, venture capital firm Lightbox Ventures. It also raised $2 million in debt from BlackSoil Capital, which provides debt to startups and other firms. Other investors include the Dabur-owned Burman family office and the … Read More →
Facebook could use the underlying AI technology and GrokStyle’s employees to bolster its own efforts in the field. (Image: Bloomberg) Facebook Inc said it acquired visual shopping and artificial intelligence startup GrokStyle Inc in a move to bolster the social-media company’s own AI work. GrokStyle’s technology, which was integrated into Ikea’s mobile app, was simple in … Read More →
Capillary will also launch a loyalty program, through which users can redeem loyalty points.. It is not usual for a hardcore business-to-business software-as-a-service (SaaS) startup in India to enter into something very typical of business-to-consumer (B2C) space – deals and coupons for online shopping. However, Capillary Technologies, among the most prominent enterprise startups in India … Read More →
One year ago, the Madison startup Markable rolled out its signature product: an app that could take photos of dresses, shirts, handbags or heels and tell you where to buy the clothes in the picture. Today, that initial game plan has been scrapped. Instead of using its sophisticated artificial intelligence for a consumer fashion app, Markable … Read More →
When the founding team at startup Flipp set out to redefine the internet search experience for shopping, they quickly ran into a retail tactic that’s still going strong after decades: the circular. Inserted into a newspaper each week or on special occasions, the circular is still one of a retailer’s proven ways to communicate new … Read More →
Alexis Maybank, one of the founders of Gilt Groupe (recently acquired by the owner of Saks Fifth Avenue), has a new startup in the world of fashion and shopping — Project September. Maybank told me her aim is to “make the visual world shoppable.” In other words, if you see a photo with an item … Read More →