Alia Bhatt-backed Start-up Will Utilise Funds to Provide Personal Style Concierges The start-up,which has raised $2 million from US-based investor AMJ Ventures, will utilise the funds towards developing its machine learning capabilities

By Bhavya Kaushal

Opinions expressed by Entrepreneur contributors are their own.

You're reading Entrepreneur India, an international franchise of Entrepreneur Media.

Style Cracker

Alia Bhatt-backed fashion start-up StyleCracker raised $2 million from US-based investor AMJ Ventures, the company announced in a statement on 14th November 2019.

The start-up will utilise the funds towards developing its machine learning capabilities and strengthening its moat on the personalization front, Dhimaan Shah, managing director and co-founder of StyleCracker, said in a statement. He added the funds will also be used to build a strong pan-India presence and move even closer to being the stylist to every Indian.

StyleCracker was founded in 2005 by Dhimaan Shah and Archana Walavalker. The platform operates as a personal style concierge for individuals. It creates customized items including accessories and beauty products according to specific requirements.

Indian Fashion Tech Space

The landscape of Indian fashion industry has changed favourably and enormously in India over the years. With the digital boom, consumers have become more forward-looking towards fashion. Although the need for brick and mortar stores remains unchanged and irrevocable, fashion retail in India has seen a great rise over the years. According to Google India, the online Indian fashion retail market is likely to touch $35 billion by 2020 due to increasing Internet penetration and growing preference for online shopping.

Leveraging from this trend, Shah further added that with increased accessibility to information today, the consumer has become more discerning and aware of trends. They have highly evolved preferences, yet are sensitive to price points.

With digitization democratizing every service in the country from telecomm, especially thanks to Reliance's Jio, to e-commerce, fashion seems to be gradually catching up with the trend. And fashion retail seems to be the most obvious way to do so.

Bhavya Kaushal

Former Features Writer

I am a work-in-progress writer and human being. An English graduate from Delhi University, writing is my passion and currently, I was Entrepreneur India's start-up reporter. I love covering start-ups and weaving their stories into unforgettable tales with the power of ink! 
Marketing

I've Sold More Than $18,000,000 in Products and Services Using This "Big" Marketing Strategy

This one single thing can be the difference between a home-run marketing campaign and one that flops.

Business News

Google Re-Edited Its AI-Generated Super Bowl Ad Because of a 'Cheesy' Fact Error

The tweaked commercial has been re-uploaded to YouTube.

Business News

Starbucks Is Limiting Mobile Orders to Reclaim the Coffeehouse's 'Connection' With Customers

The coffee chain has made a spate of recent changes to its stores.

Growing a Business

Why Data Centers Are the New Powerhouses of the AI Economy — and How They Can Strengthen Your Brand

As AI reshapes industries, data centers have evolved into critical drivers of innovation, sustainability, and customer trust. Learn how the right infrastructure choices can boost your brand, future-proof your business and unlock competitive advantages in the AI economy.