2023
Gurugram (India)
Seed
Lyskraft is an emerging omnichannel fashion and lifestyle startup on a mission to redefine premium fashion retail in India through a seamless blend of online and offline experiences.
Omnichannel Marketplace: Lyskraft operates a curated multi-brand platform, initially focused on premium women’s fashion. The platform features over 15 handpicked brands and designers, with new additions weekly.
Physical Retail Experience: The company launched a premium pop-up store at Ambience Mall, Gurugram, allowing customers to experience products offline before purchase.
Digital Platform: Lyskraft’s online platform enables convenient browsing and shopping, serving as a market-testing initiative and providing a digital-first experience.
Personalized Shopping: The company emphasizes personalized service, including custom sizing, styling advice and a blend of Indian heritage and international fashion.
Seamless Omnichannel Experience: Integrates digital convenience with tactile, in-store engagement, addressing the unique needs of premium fashion shoppers.
Curated Premium Selection: Offers a carefully chosen range of premium and bridge-to-luxury brands, differentiating from mass-market fashion marketplaces.
Consumer Centric Innovation: Focuses on flexibility, choice and a personalized high touch customer journey.
Lyskraft operates as an omnichannel marketplace for premium fashion, generating revenue through:
B2C: Affluent, quality conscious women in urban India, seeking premium and experiential fashion.
B2B: Premium and bridge to luxury fashion brands and designers looking for curated distribution and high value customers.
Market Expansion: Plans to scale across major Indian metros and eventually to international markets, leveraging the rising demand for premiumization in Indian fashion.
Category Diversification: Expanding beyond women’s apparel into other lifestyle and fashion categories.
Technology & Personalization: Investing in advanced digital tools for personalized recommendations, video shopping and seamless omnichannel integration.
Brand Partnerships: Building a robust network of premium brands, both Indian and international to offer unmatched selection and exclusivity.
$26 Million
1
$26 Million, Seed
as of April 19, 2024
$64.7 Million
as of June 14, 2024
2.4
as of June 14, 2024
Peak XV Partners
and 2 more39
Littlebox India
N/A
Date | Round Name | Amount | Valuation | Revenue | Revenue Multiple | Investors |
---|---|---|---|---|---|---|
April 19, 2024 | Seed | $26 Million | - | - | - | Peak XV Partners, Maitreyi Enterprises, Prosus, Sofina, DST Global, BIG Capital, Big Capital |