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Friday, May 27, 2011
The Gilt For Indian Fashion Exclusively.in Raises $16 Million
Exclusively.In, a members-only niche flash sales site for fashion, jewelry and home decor from Indian artisans and designers, has raised $16 million in new funding led by Tiger Global Management, with participation from Accel Partners India and Helion Venture Partners. This brings the company's total funding to $18.6 million. As we've written in the past, the site features high-end traditional Indian apparel as well as scarves, jewelry, handbags, crafts, paintings, photography and other home goods made by Indian designers. And Exclusively.in also recently launched travel and wedding verticals.
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