MENU × BUSINESS
Banking And InsuranceCryptocurrencyDigital MarketingErpFood And BeveragesHealthcareLegalMarketing And AdvertisingMedia And EntertainmentMetals And MiningOil And GasRetailTelecom
TECHNOLOGY
Artificial IntelligenceBig DataCloudCyber SecurityE CommerceEducationGaming And VfxIT ServiceMobileNetworkingSAPScience And TechnologySecuritySoftwareStorage
PLATFORM
CiscoDatabaseGoogleIBMJuniperM2MMicrosoftOracleOracleRed Hat
LEADERSHIP
CEO ReviewCompany Review
MAGAZINE
ASIA INDIA
STARTUPS CLIENT SPEAK CONTACT US

The Silicon Review Asia

Zoomtail: Raises Seed Capital that is led by Matrix Partners

Zoomtail: Raises Seed Capital that is led by Matrix Partners

Zoomtail Technology that focuses on e-commerce platform in the fashion industry has now raised an undisclosed amount from investors that are led by Matrix Partners to seed capital. Many participants like Shamik Sharma, Anshuman Bapna, V1 Capital, and Kunal Shah. The startup is planning to expand from its 30 member team to a wider circle, also expand its technology and platform. All of this will be done using the cash that is raised.  Varun Jain, an IIT Kanpur and Stanford University Graduate School of Business alumnus, and Swadesh Srivastava, an IIT Madras and University of Minnesota alumnus was the one who founded the firm in May last year.

Varun said that the primary focus will be to cater to small retailers in the unorganised unbranded fashion space. This move will enable them to do better with their offline and online operations. Also, the company is building tools to help it get and engage customers way better than before. Further, manage inventory, as well as procuring supplies from large distributors is the current aim of the company. Varun and his team are clear on what they want, let us see how the company turns out and goes to the next level in the current Indian market. 

YOU MAY ALSO LIKE

Salesforce Expands into Thailand, Opens Office in Bangkok

Salesforce has announced permanent presence in Thailand by launching its new office in the country’s capital, Bangkok. The permanent presence wi...

GMLL is expected to soon add two more stores to its retail arm ‘Price Mantra’

Garment Mantra Lifestyle, a popular name in the Indian fashion retail segment, recently made an announcement that the company is expanding its retail ...

Tariff plans will cost higher from the next financial year as telecom companies are gearing up to increase rates

The ongoing Covid pandemic had significantly increased the number of mobile and internet users worldwide. The high amount of usage is expected to drop...

Business Travelers to Stay at Singapore’s Changi Airport Bubble

Singapore’s open economy depends heavily on tourism and business. But its vibrant but small economy has been hurting as the circumstances due to...

RECOMMENDED