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Tag: Peepul Capital

  • Voylla names Kangana Ranaut as brand ambassador, plans expansion

    Voylla names Kangana Ranaut as brand ambassador, plans expansion

    NEW DELHI: Actor Kangana Ranaut has been appointed as the new brand ambassador for fashion jewellery brand Voylla. Moreover, the company, which started as an e-commerce only brand, is also looking at opening as many as 100 brick and mortar stories over the next 24 months.

     

    Voylla Fashion founder and CEO Vishwas Shringi said, “For us, it was a strategic fit since Kangana personifies the brand. A Voylla woman is independent, progressive, and truly believes in a woman’s choice to look good and feel good. We are extremely delighted with this endorsement. We started as an eCommerce only brand but now are well and truly on our way to become a compelling omni-channel brand. We are looking at opening at least 100 stores in the next 24 months. This association with Kangana is a part of well thought out strategy to help us reach out to a very large customer base.”

     

    “It is a pleasure endorsing Voylla. I am very impressed with the design dedication and overall professional approach of the Voylla team. It reflects in the excellent range of jewellery from Voylla. With their plans to open offline retail including the launch of a flagship store in Rajauri Garden in Delhi, I am sure more and more customers will be able to access Voylla’s vast range of jewellery,” added Ranaut.

     

    Voylla had received seed fund from Snowleopard Momentum LLC and has recently raised a SeriesB funding from Peepul Capital. Voylla is currently sold through its monobrand site, 29 online channels and few strategic SIS counters in Future Group led Central.

  • Komli Media raises $30 million to strengthen leadership position in Asia Pacific

    Komli Media raises $30 million to strengthen leadership position in Asia Pacific

    NEW DELHI: Komli Media, a digital media technology platform, recently announced that it has raised $30 million from new investor Peepul Capital.  

     

    Existing investors, Norwest Venture Partners, Nexus Venture Partners, Helion Venture Partners and Draper Fisher Jurvetson also participated in the funding. The company has raised funds to further invest in its key technology platforms and to strengthen its presence through integrated go to market solutions across the Asia Pacific (APAC) region.

     

    “As digital advertising grows in a fast and fragmented manner, it has become critical for the industry to focus on delivering integrated solutions across social, mobile, display and video,” said Komli Media CEO Prashant Mehta. “We have already seen strong adoption of our integrated solution along with algorithmic trading. With the increased funding, we plan to deepen our focus on innovative technologies, such as real time bidding (RTB), to deliver significantly greater value to our customers.”  

     

    Komli Media has built market-leading technologies such as Remarketing on its proprietary ATOM platform that has scaled across regions by delivering strong ROI metrics in display, social and mobile. The company recently integrated ATOM into Facebook’s RTB (Real-Time-bidding) platform – Facebook Exchange (FBX), making it one of the first adoptees in the region.

     

    “We believe that India and southeast Asia are at an inflection point in embracing digital advertising. Komli is a leading player in these key markets and with its technology platform, wide product suite and exceptional leadership team, the company should consolidate its current position even further,” said Peepul Capital investment director Venkat Shankar.

     

    “Komli’s success story is demonstrated by a CAGR of 200 per cent achieved over the past three years driven by innovative platforms coupled with aggressive organic and inorganic investments.  With this round of funding, we expect to further capitalise on the massive market opportunity and also accelerate our growth,” said Komli Media CFO Rakesh Malani.

     

    Avendus Capital was the leading financial advisor to Komli Media on this transaction.