Fashion discovery app Summerlabel has managed to get funding of $150,000 from a group of high net worth individuals. Summerlabel will utilise the funds towards product development and technology initiatives. The start up which was unveiled in February, targets both, online and offline private labels and expects to list almost 1,500 by the year end.
According to media reports, based in Gurugram, the start-up assists private labels in gaining recognition and is also developing software, which will help it in marketing these lesser known private brands. (AR)
Fibre2Fashion News Desk – India
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