Flash sales site, Exclusively.in raised $2.8 million in November, 2010 and the company has now raised $16 million, led by Tiger Global Management, with participation from Accel Partners India and Helion Venture Partners.
The site offers new sales every day featuring unique items such as inspired jewelry and intricately embroidered contemporary clothing for men, women and children, bejeweled accessories like handbags and clutches, in addition to ethnic selections – like saris and luxury Indian bridal wear. Travel deals at top Indian luxury hotels, exquisite home décor pieces and limited edition art collections, photography and collectibles can also be found on Exclusively.In.
The NCR based company has started operations in UK and plans to use the funding for new market expansion/merchandizing mix.