Woovly is a social commerce platform which helps users to shop instantly via AI driven brand tagged user generated content

Basic Information

Woovly is building the most trusted social commerce platform. Already hitting the ARR of $ 1 Mn in less than 6 month of commerce launch. Users at Woovly create content in the form of short videos and images, Woovly’s AI auto tag the brands making every content shoppable. Platform has acquired 5 million registered users and 18K+ home grown influencers. See more

Legal Name

:

Woovly India Pvt. Ltd

Headquarters

:

Bangalore, Karnataka, India

Business Model

:

B2B2C 

Founding Date

:

1st Feb 2019

No. of Employees

:

41 to 60

Core Team

:
1.

Venkat Jay

Co-Founder & CEO

2.

Neha Suyal

Co-Founder

3.

Hithendra Ramachandran

Co-Founder & Director

Target Market

B2C

Indian millennials frpm T1, T2 & T3 markets

User Age

:

26 to 34

User Income

:

Upper-middle Income, Lower-middle Income

B2B

D2C brands from Beauty, Personal Care & Fashion

Client Segment

:

Consumer, Direct-To-Consumer Brands, Clothing & Apparel

Target Companies

:

Medium Enterprise, Small Enterprise

Funding

Total Funding

$2.5M

Investors

:

1.

Xelpmoc Design

2.

SOSV

3.

Duane Park

Detail Round Breakdown

Round 1

$2.5M

Series Name

:

SEED

Date

:

1st Oct 2019