• Send Us A Tip
  • Calling all Tech Writers
  • Advertise
Tuesday, July 8, 2025
  • Login
TechStory
  • News
  • Crypto
  • Gadgets
  • Memes
  • Gaming
  • Cars
  • AI
  • Startups
  • Markets
  • How to
No Result
View All Result
  • News
  • Crypto
  • Gadgets
  • Memes
  • Gaming
  • Cars
  • AI
  • Startups
  • Markets
  • How to
No Result
View All Result
TechStory
No Result
View All Result
Home News

Ratan Tata backed online fashion portal Kaaryah shuts operation

by Apoorv Anupam
December 19, 2017
in News
Reading Time: 1 min read
0
Ratan Tata backed online fashion portal Kaaryah shuts operation
TwitterWhatsappLinkedin

Kaaryah

You might also like

Linkrunner Raises ₹5 Cr to Revolutionize App Attribution in India’s Booming Mobile Market

BigBasket Strengthens Leadership Bench with Deepika Khattar Bhan’s Appointment

A New Cyberattack on LVMH, Louis Vuitton Korea Highlights Escalating Threats to Luxury Retail

19 December 2017, India:

Ratan Tata backed Gurugram based online women’s fashion portal Kaaryah has shut down its operations. Lack of funds is the reason behind this decision. The startup was operational for more than three years.

CEO and founder of Kaaryah, Nidhi Agarwal said, “It was not sudden. We have been trying to raise funds for the last 18 months. We had broken even twice in 30 months. Honestly, my aspiration for the brand was to take it to $15.6 Mn (₹ 100 Cr) revenues within 4-5 years of having started it.”

She further added, “It looked very realistic should we have received normal amounts of funding, given that we were a very capital efficient and working capital-light company. But fact of the matter is, nobody is looking to fund anything right now”.

Agarwal told that the startup has laid off all its employees. The startup had 50-60 employees during its peak days. Employees were given a notice period of two months. References and job placements have been provided to some of the employees.

Kaaryah was launched in 2014 by Nidhi Agarwal. It was operated by KAARYAH Lifestyle Solutions Pvt Ltd. The startup was a technology enabled and data analytics driven apparel brand that catered to women’s western wear category in India. The startup provided trendy western outfit for professional women based on Indian body type during the three years since its inception.

(Image – PageSwype)

Tags: KaaryahRatan TataShut Downstartup
Tweet54SendShare15
Previous Post

Ola acquires Foodpanda India to enter food delivery business, invests $200 million

Next Post

P2P platform Faircent raises $3.9 million in Series B Funding from Incofin, Muthoot Fincorp, others

Apoorv Anupam

https://in.linkedin.com/in/apoorv-anupam www.twitter.com/apoorvanupam

Recommended For You

Linkrunner Raises ₹5 Cr to Revolutionize App Attribution in India’s Booming Mobile Market

by Ishaan Negi
July 8, 2025
0
Linkrunner Raises ₹5 Cr to Revolutionize App Attribution in India’s Booming Mobile Market

In a significant milestone for India’s growing app economy, Linkrunner, the country’s first AI-powered mobile measurement partner (MMP), has raised ₹5 crore in a pre-seed funding round. The...

Read more

BigBasket Strengthens Leadership Bench with Deepika Khattar Bhan’s Appointment

by Ishaan Negi
July 8, 2025
0
Tata owned Bigbasket’s revenue goes over ₹10,000 Cr, loss reduces to ₹1,415

In a strategic leadership reshuffle aimed at sharpening its edge in the fiercely competitive quick commerce market, Tata-backed BigBasket is set to welcome Deepika Khattar Bhan to its...

Read more

A New Cyberattack on LVMH, Louis Vuitton Korea Highlights Escalating Threats to Luxury Retail

by Anochie Esther
July 8, 2025
0
LVMH

LVMH Moët Hennessy Louis Vuitton SE (LVMUY), the world's leading luxury fashion conglomerate, is once again grappling with the fallout of a cyberattack. The company confirmed that its...

Read more
Next Post
P2P platform Faircent raises $3.9 million in Series B Funding from Incofin, Muthoot Fincorp, others

P2P platform Faircent raises $3.9 million in Series B Funding from Incofin, Muthoot Fincorp, others

Please login to join discussion

Techstory

Tech and Business News from around the world. Follow along for latest in the world of Tech, AI, Crypto, EVs, Business Personalities and more.
reach us at [email protected]

Advertise With Us

Reach out at - [email protected]

BROWSE BY TAG

#Crypto #howto 2024 acquisition AI amazon Apple bitcoin Business China cryptocurrency e-commerce electric vehicles Elon Musk Ethereum facebook flipkart funding Gaming Google India Instagram Investment ios iPhone IPO Market Markets Meta Microsoft News NFT samsung Social Media SpaceX startup startups tech technology Tesla TikTok trend trending twitter US

© 2024 Techstory.in

No Result
View All Result
  • News
  • Crypto
  • Gadgets
  • Memes
  • Gaming
  • Cars
  • AI
  • Startups
  • Markets
  • How to

© 2024 Techstory.in

Welcome Back!

Login to your account below

Forgotten Password?

Retrieve your password

Please enter your username or email address to reset your password.

Log In
Are you sure want to unlock this post?
Unlock left : 0
Are you sure want to cancel subscription?