Pre-owned Fashion Marketplace, Elanic Secures Angel Funding

Company Name : Elanic
Funding Amount : Not Disclosed
Investor(s) Rebright Partners, TracxnLabs and Aneesh Reddy (Capillary Cofounder).
Funding Round : Angel round

Elanic’s objective is to simplify every woman’s singular problem – too many clothes and nothing to wear. The average user on Elanic has 10 products listed with a total worth Rs. 15,000.

All that a seller has to do is take a few photos through the Elanic Android app to start selling. Elanic takes care of the rest. The sold items are picked up; inspected for brand authenticity, size, damage and thoroughly sanitized before getting shipped to the buyer. Elanic manages all the financial and return-related transactions thus enabling a hassle-free shopping experience.

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