28 October 2016, India :
Wooplr has raised an undisclosed amount of funding from Astarc Ventures as per the reports.
Wooplr is India’s top fashion discovery app co-founded by four Ex-McAfee employees with diverse backgrounds and a growing team in Bangalore & Mumbai. Wooplr is a social shopping platform that allows people to recommend their favorite products and stores in the city and share it with their social circles.
Commenting on the investment, Hari Krishnan, Fund Manager, Astarc Ventures said, “Mere catalogue-based ecommerce is passé. Wooplr team has robust tech capabilities and an amazing sense of picking today’s fashion trends. More importantly, it is executing the path of content-community-commerce very well.”
The app enables people to discover new products from local stores around them through recommendations from friends & other social influencers. Based upon the shared content and various other parameters like location and interests, it presents a personalised, curated feed of fashion products to help users get to know about fashion products in local stores. Source- techcircle