E-commerce SAAS
DIGITISING APPAREL MADE EASY
Product is aimed to solve the photoshoot and cataloging problem for apparel sellers in Indian Ethnic Wear and Fabrics segments. Our technology helps easily convert flat images of garments or fabrics into model draped images, avoiding the need to do photoshoots - which is cumbersome and expensive process.
Company details
Talent details
Financial details
Reason for selling
- More than 600 Online Sellers have been able to create catalogs instantly using our software – saving more than 2-3 months of photoshopping time. We work with all the major retail brands in India and top e-commerce platforms.
- More than 4 lakh garments have been uploaded to various e-commerce platforms in India – 25% market share in the Online Saree Category in India.
- Our application saves 90% of time & effort and 50% of costs for the customers.
We have currently captured 25% of the Indian Ethnic Wear market – where we have a strong foothold and a well-established solution. The next big innovation and market opportunity (30-50x) lies in expanding the technology horizon to be able to visualize and digitally drape ready-made apparel. We had to raise $1Mn needed for the Product R&D, Building Model Library, and team expansion – but found it challenging to close the round. Since there is active interest coming from a few of our existing customers, we believe that the next best thing to do to be able to see through the technology scale-up in this space would be to get acquired and build this roadmap and value prop for a bigger organization.