This is the Fynd pitch deck used to raise $500,000 in pre-Series A funding from Venture Catalysts.
“Fynd is a promising e-commerce venture which provides an innovative solution to every online shopper’s most basic problem — product delivery. The platform has performed splendidly in terms of product fulfilment and maintained seamless customer experience across brands. These factors have converted its buyers into loyal patrons.” The funds will be used to expand its operations and enhance consumer offerings, said co-founder Harsh Shah.
Fynd was founded in 2013 by Farooq Adam, Harsh Shah and Sreeraman MG. The same year, it raised an undisclosed amount in seed funding led by ae Capital, with participation from a group of angels under Powai Lake Ventures and Jehaan Mehta.
In 2015, it raised an undisclosed amount from existing investor Kae Capital and Snapdeal founders Kunal Bahl and Rohit Bansal.
About Fynd
Fynd is an online retailer that sells a range of fashion items to its users.
Fynd sells fashion items for men and women. Men’s fashion items consist of clothing, shoes, ethnic wear, accessories, innerwear, nightwear, bags, and jewelry. Women’s fashion items consist of clothing, shoes, ethnic wear, bags, accessories, jewelry, and lingerie.
Fynd was launched in 2013 by Farooq Adam and is based in Mumbai.
Their key in-store products include:
- Match– An in-store engagement platform: Built on large capacitive touchscreens, customers can easily browse products, search/discover new ones, and share the experience with friends for feedback via email or social networks.
- React– Engages and educates customers in-store: Prop an item on React and it comes alive with a product description. It is a great tool to empower customer representatives.
- LemurTM– A semantic search, discovery, and recommendation engine: It seeds new products to the product inventory. Recommendations are based on a user’s shopping journey, and Lemur helps customers navigate across the depth and breadth of the product inventory.
Funding rounds
| Date | Amount / Round | Valuation | Lead Investor | Investors |
|---|---|---|---|---|
| Jun, 2017 | $3.4M / Series A | — | IIFL Seed Ventures | 8 |
| May, 2017 | $500k / Series A | — | rocketship.vc | 1 |
| Mar, 2017 | $500k / Series A | — | Venture Catalysts | 1 |
| Dec, 2014 | undisclosed amount / Seed | — | — | 3 |
Read
After two tranches, Fynd finally closes Series A at $3.4M
Fashion portal Fynd raises $500K from Silicon Valley-based Rocketship
Fynd Pitch deck
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