Online Fashion Brand FabAlley Raises Funding From Indian Angel Network

Online women’s fashion store FabAlley.com has raised an undisclosed amount of investment in seed funding from the Indian Angel Network. Mohit Goyal and Tushar Singh, two members of the network, led this round of investment.

fab alleyOnline women’s fashion store FabAlley has raised an undisclosed amount of investment in seed funding from the Indian Angel Network. Mohit Goyal and Tushar Singh, two members of the network, led this round of investment.

Launched in June 2012 by Shivani Poddar and Tanvi Malik, FabAlley sells clothing and accessories for women.

The company engages with fashion enthusiasts through its blog, quizzes and reports. FabAlley plans to use the investment to increase its manufacturing & merchandising strength by adding new categories in both apparel & accessories and increasing depth in existing categories, the company said.

It also plans to use the investment to improve its technology, supply chain capabilities, warehousing and marketing.

The e-commerce site will also rebrand and re-launch its fashion blog. Singh will join the company’s board.

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