Company Name : Stylofie
Funding Amount : $250k
Investor(s) Swastika . .
Funding Round : Seed round
Gurgaon based Stylofie, a 3 months old beauty and wellness startup has raised $ 250k in seed funding from Hongkong based company Swastika.
Styofie is an online marketplace through which consumers can discover salons/spas near them, read up review and ratings of services, compare prices and get discounts every time they do online booking through the app/site.
Currently they are operational in Gurgaon and have over 100+ premium salon/spa outlets listed with them and claims to have 100% growth month on month.
Stylofie was founded by 2 MDI, Gurgaon graduates – Prateek Agarwal (ex- Airtel, Videocon, Telecom Oman) and Saurav Dey (ex-Ingersoll-Rand, Accenture, Genpact).
“If you look closely at the beauty and wellness industry, you will realize that it is primarily offline with bundled deals getting peddled on online deal platforms. From a consumer perspective, think about long waiting times on weekend, lack of a standardized review/rating mechanism for discovery & non availability of rate cards online – all pain points which called out for a solution,” said Saurav.
They currently have a team of 10 people across Supplier Enablement, Customer Delight & Software Development.
The raised funds will be used to strengthen their technology stack and to expand in Delhi.