Company Name : Yufta
Funding Amount : Undisclosed
Investor(s) Ajay Data
Funding Round : Pre-Series A
Jaipur based Yufta, a hyperlocal fashion commerce portal provides a personal stylist experience by curating major fashion trends in women category with aggregation of Local Fashion Stores.
The company raised the undisclosed funding from Ajay Data of Data Infosys and a group of HNIs.
The raised funding will be used for building technology and scaling operations. The company plans to expand to ten metro cities in next six months. The startup was founded in 2013 by y Ritesh Khandelwal, Ravi Khandelwal and Tarun Sharma.
“Investment comes not only with money, but it added value in our operations. We are lucky to have him who has 25+ years experience in technology, Ajay Data,” said Ritesh Khandelwal, founder.
The company claims to have shipped 1 Lacs + Units so far and completes 300+ units shipment per day.