Home / Knowledge / News / Fashion / Youshine to raise Rs 25 crore to scale up business
Youshine to raise Rs 25 crore to scale up business
Apr '15
Youshine, an omni-channel fashion jewellery and accessories retail brand, catering to young, cosmopolitan Indian women has announced its plans of raising Rs 25 crore from venture capital and private equity firms for scaling up business in India and optimising revenues. 
Youshine said it had previously raised $1.5 million between 2012 and 2014 through self-funding from the founders and from Angel Investors based in Switzerland. The company also plans to foray in international markets in West Asia and Africa.
Started by serial entrepreneurs Ashish Sood and Monika Sood in 2008, Youshine has grown from a few kiosks in 2008 to 15 exclusive brand outlets (9 are slated to open by end of 2015) along with a highly successful online portal. Catering to young, cosmopolitan Indian women, the brand in the second year itself witnessed a whopping 200 per cent growth. Youshine claims it has consistently notched up double digit growth every year since then. 
The company’s target is to become the number one Indian brand for fashion jewellery and accessories by 2018 with 100 outlets across India in the next three years with expected revenues of Rs 100 crore.
Youshine claims it has not only successfully established its brand name in imitation fashion jewellery market but has also successfully built an efficient supply chain management which is the backbone of its success. The brand boasts to be the only brand in India which launches five new high fashion jewellery products every day without a repetition, which is something not followed by any other retailer in the same space.  
Youshine says it has strong partnerships with top e-commerce fashion marketplaces in the country such as Myntra, Koovs, Jabong, Amazon and  Flipkart  amongst others to boost sales. (SH) 

Fibre2fashion News Desk - India

Must ReadView All

Trump announces tariffs on $200 bn worth Chinese imports

Apparel/Garments | On 18th Sep 2018

Trump announces tariffs on $200 bn worth Chinese imports

US President Donald Trump escalated the trade war with China on...

Courtesy: Sunrise Bumi Textiles

Textiles | On 18th Sep 2018

Sunrise Bumi developing new products for profitability

Sunrise Bumi Textiles, one of the world's leading quality yarn...

New Zealand bans sheep mulesing

Textiles | On 18th Sep 2018

New Zealand bans sheep mulesing

New Zealand has banned the practice of mulseing sheep, making the...

Interviews View All

Shawn Honeycutt, Bolger & O'Hearn

Shawn Honeycutt
Bolger & O'Hearn

‘The Indian market is interesting and rather persistent in seeking new...

Abhimanyu Singh Rathore & Barbara Anna Kosiorek, Kannbar

Abhimanyu Singh Rathore & Barbara Anna Kosiorek

‘Blending cultures is the true beauty of fashion, where one’s imagination...

Jurgen Gauger, Spreadshirt

Jurgen Gauger

‘Buying crowdsourced or creative designs are much more appealing to the...

Paolo Crespi,

Paolo Crespi

For.Tex is an Italy-based leading producer of dyes and thickeners, and is...

Tejas N Patel, Navin D Patel,

Tejas N Patel, Navin D Patel

Founded in 1999 by Navin Patel in the name of Tejas Fabrics with 100...

Vikas Banduke,

Vikas Banduke

Softech Controls Private Limited (SCPL) is a part of the Cotmac Group, an...

Johan Berlin, Investkonsult Sweden AB

Johan Berlin
Investkonsult Sweden AB

Investkonsult Sweden AB are consultants in the nonwoven and absorbent...

Silke Brand-Kirsch, Schlegel und Partner

Silke Brand-Kirsch
Schlegel und Partner

Silke Brand-Kirsch, executive partner of Schlegel und Partner, a leading...

Karl Zelik, Vanderbilt University

Karl Zelik
Vanderbilt University

A team of engineers at the Vanderbilt University has designed a smart...

Judy Frater, Somaiya Kala Vidya

Judy Frater
Somaiya Kala Vidya

Among the many honours showered on Frater, including Fulbright and Ford...

Silvia Venturini Fendi, Fendi s.r.l

Silvia Venturini Fendi
Fendi s.r.l

"Yes, my confidence and positive attitude are my strengths and should be...

Madhu Jain, Madhu Jain

Madhu Jain
Madhu Jain

She grew up in the walled city of Old Delhi, completed her studies, and...

Press Release

Press Release

Letter to Editor

Letter to Editor

RSS Feed

RSS Feed

Submit your press release on


Letter To Editor

(Max. 8000 char.)

Search Companies


Leave your Comments

September 2018

Subscribe today and get the latest update on Textiles, Fashion, Apparel and so on.

news category

Related Categories:

Advanced Search