Hard to have enough of fashion. Youngsters and fashionistas definitely think so, and investors seem to agree with them. Young O2O {online to offline} startup Fashalot, which has an app that tells you about discounts at retail stores near you, announced its pre-series A funding. This round was led by YourNest Angel Fund and Rajul Garg.
The startup promises to help shoppers discover fashion stores, latest collections, in-store offers, and get cash-back each time they shop. On the other hand, it offers retailers a marketing tool to increase footfalls. Fashalot’s app, available on iOS and Android is still in beta, but it’s currently operational in Bangalore, Delhi, and National Capital Region {NCR}.
Find Fashalot on Facebook here.
Check out their website here.
