Fashion Marketplace Voonik has acquired three startups; Zohraa, Picksilk, Styl for an undisclosed amount.
The acquisition aims to help Voonik in building its newly launched premium fashion product Vilara.
"By acqui-hiring Zohraa, we got access to a premium supplier network and a passionate team. The founders Sanjeev Jain, Pramod Rathi, Vibhor Tikiya and Darshit Hirani have a rich experience of creating a premium marketplace. With Picksilk on board, we now have access to a highly coveted silk weaver community. Styl is a technologically advanced salon and spa booking App. Styl team gave the immediate impetus to the Vilara App development. We got to market with both web and app within a record time,” said, Sujayath Ali, CEO Voonik.
The Bangalore based company had earlier acquired menswear fashion portal Getsy. The startup raised $5 million last year, from Sequoia Capital and SeedFund.
Voonik CEO and Co-Founder Sujayath Ali had earlier claimed that with 5 million plus installs, the company has grown 2600% Y-O-Y in FY15-16 and is looking to grow from $80 Million GMV to $550 Million GMV and end the FY16-17 with profit.
At Unpluggd 2016, Sujayath Ali shared his experience how he scaled Voonik after launching it in 2013. Check it out..