2011-05-27

The Gilt For Indian Fashion Exclusively.in Raises $16 Million

Exclusively.In, a members-only niche flash sales site for fashion, jewelry and home decor from Indian artisans and designers, has raised $16 million in new funding led by Tiger Global Management, with participation from Accel Partners India and Helion Venture Partners. This brings the company's total funding to $18.6 million. As we've written in the past, the site features high-end traditional Indian apparel as well as scarves, jewelry, handbags, crafts, paintings, photography and other home goods made by Indian designers. And Exclusively.in also recently launched travel and wedding verticals.

Source: http://feedproxy.google.com/~r/Techcrunch/~3/iP9jcimK3hM/

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