Indian Private-Sales Website Fashion and You Raises $8 Million

Posted Dec 9, 2010

Private online apparel retailer company Fashion and You has raised $8 million in funding from Sequoia Capital. Fashion And You sells premium brands at discounted price. Fashion and You is a members-only website that sells international brands, handcrafts, and fashion. ?Online private sales is an execution heavy model. We have been good at creating demand and now need to prepare ourselves for massive volumes,? stated Fashion and You company chairman Harish Bahl. Fashion and You is currently growing at 30-40% month on month. Fashion and You appears to be in direct competition with, a company that raised $2.8 million last month. [India Times]