2022
India
Seed
Furrl is a new-age, tech-driven e-commerce platform focused on revolutionizing the discovery and purchase of independent, homegrown D2C brands in India. The company’s mission is to become India’s largest destination for the discovery and commerce of unique, independent brands, catering to the evolving tastes of modern, savvy consumers-especially professional women seeking self-expression through distinctive fashion and lifestyle products.
Curated Marketplace: Over 10,000 products from a rapidly growing roster of homegrown D2C brands, spanning apparel, accessories, beauty, home and lifestyle.
GenAI Discovery Feed: AI-powered personalized feed and stylist, offering complete outfit ideas and “vibe-first” browsing experiences that help users answer “What should I wear?”.
Strict Quality Assurance: Five-step quality check before onboarding any brand, ensuring trust and satisfaction.
Asset-Light Platform: Scalable, tech-first backend that enables rapid onboarding of hundreds of brands without heavy inventory investments.
Convenience & Speed: Seamless, mobile-first shopping experience on both Android and iOS, with a focus on convenience and fast delivery.
Community & Social Commerce (Upcoming): Plans to introduce social commerce features, enabling discovery through user networks and peer recommendations.
Marketplace Commissions: Furrl earns commissions from brands and sellers on every successful transaction made through its platform. This is the primary revenue stream, typical for curated marketplaces.
Featured Listings & Advertising: Brands can pay for premium placement, sponsored listings and advertising within the Furrl app to increase their visibility and reach.
Logistics & Value-Added Services: Furrl may charge brands for logistics, fulfillment and ancillary services such as cataloging, quality checks, and data analytics.
Future Social Commerce Monetization: With planned social commerce features, Furrl could introduce referral incentives, affiliate commissions and influencer partnerships as additional revenue streams.
B2C: Modern, urban, and aspirational consumers-especially professional women-seeking unique, high-quality and expressive products from independent brands.
B2B: Homegrown D2C brands looking for a discovery-driven, quality-focused platform to reach a large, engaged audience.
Market Expansion: Focused on capturing the top 20% of India’s online consumers, with plans to scale to 50 million users domestically and ambitions for global reach.
Product Innovation: Leveraging GenAI for hyper-personalized discovery, vibe-based browsing and complete outfit recommendations.
Brand Onboarding: Rapidly scaling the number of curated brands and products, ensuring strict quality and aesthetic standards.
Social Commerce & Community: Building features to enable peer recommendations, influencer-driven discovery and user-generated content.
Sustainability & Asset-Light Operations: Maintaining an asset-light, tech-first backend for scalable, cost-effective growth.
$970 K
2
Undisclosed, Seed
as of March 23, 2023
$8.33 Million
as of August 17, 2022
8.59x
as of August 17, 2022
Capier Investments
and 4 more23
Snapmint
-
Date | Round Name | Amount | Valuation | Revenue | Revenue Multiple | Investors |
---|---|---|---|---|---|---|
March 23, 2023 | Seed | Undisclosed | - | - | - | PeerCapital |
August 17, 2022 | Seed | $970.0 K | $8.3 Million | - | - | Capier Investments, Amplify Partners ,Angel List, Sattva Group |