Company Name : fourseven
Funding Amount : Rs 3 crore
Investor(s) Indian Angel Network . .
Funding Round : Not Disclosed
Delhi NCR based fourseven, an online jewellery store has raised Rs 3 crores from Indian Angel Network (IAN).
Sumit Dhingra and Rajiv Mehta have led this round of investment on behalf of IAN and will also be joining the board of the company.
“We believe customers want a brand they can trust for quality, unique designs, value, sound business practices and a great end-to-end experience when shopping, buying, receiving and, if needed, making exchanges. We are laser focused on providing excellence for our customers. In addition, at fourseven we aim at building a business that reflects our company philosophy of being eco-friendly, made in India, and socially aware. Customers who love our products and what we stand for will see how we stand apart from the rest,” said Rebekkah Kumar, founder, fourseven.
The funds will be used to expand the team, grow revenue, increase product range and invest in its technology platform.