India: Fashion content portal POPxo raises $2m from IDG, Kalaari Capital & 500 Startups

Priyanka Gill, Founder and Editor-in-Chief, POPxo

POPxo, a women-focused lifestyle and fashion content portal, has raised nearly $2 million (Rs 13 crore) in series A funding from IDG Ventures India and Kalaari Capital, said a report in The Economic Times.

The funding round also saw participation from 500 Startups, a US-based accelerator and investment fund.

The funds will be used by Delhi-based POPxo to expand its editorial operations in English and Hindi languages, establish new verticals and scale up video production and new features for its recently-released mobile applications, the report said.

Launched by King’s College London graduate Priyanka Gill and Namrata Bostrom in May 2014, POPxo targets South Asian women from around the world and claims to be a one-stop inspirational shop for all kinds of fashionable things.

Priyanka is an angel investor married to London-based trader Raj Gill. Namrata is an MBA from London Business School and has previously worked as a management consultant for several banks and retailers in London.

Luxeva Ltd-led POPxo, which targets females between the ages of 18 and 34, claims to have a readership base of about 30 lakh a month.

Since its launch, POPxo has aised about Rs 5 crore in funding. In November last year, POPxo raised about $500,000 from a group of investors including Google India chief Rajan Anandan and CaratLane’s Mithun Sancheti.

Also Read: On-demand bus aggregator CityFlo gets $733k in seed round led by IDG Ventures

Travel portal Tripoto gets funding from 500 Startups, IDG Ventures, and others

Kalaari invests $2m in Shopalyst

Singapore Reporter/s

In Singapore, we are looking to double our reporting team by this year-end to comprehensively cover the fast-moving world of funded startups and VC, PE & M&A deals. We want reporters who can tell our readers what is really happening in these sectors and why it matters to markets, companies and consumers. The ability to write precisely and urgently is crucial for these roles. Ideal candidates must have to ability to work in a collaborative, dynamic, and fast-changing environment. We want our new hires to be digitally savvy and ready to experiment with new forms of storytelling. Most importantly, we are looking for hard-hitting reporters who work well in a team. Collaboration and collegiality are a must.

Following vacancies can be applied for (only in Singapore).

Following vacancies can be applied for (only in Singapore).   

  • A reporter to track companies/startups that have raised private capital, and have the potential to become unicorns. SEA currently has over 40 companies with a valuation of over $100 million and under $1 billion.
  • A reporter who can get behind the scenes and reveal how funding rounds are put together, or why they’ve failed to materialise. She/he in this role will largely focus on long-format stories. 
  • A journalist to track special situations funds, distressed debt and private credit (from the PE angle) across Asia.

Singapore Reporter/s

In Singapore, we are looking to double our reporting team by this year-end to comprehensively cover the fast-moving world of funded startups and VC, PE & M&A deals. We want reporters who can tell our readers what is really happening in these sectors and why it matters to markets, companies and consumers. The ability to write precisely and urgently is crucial for these roles. Ideal candidates must have to ability to work in a collaborative, dynamic, and fast-changing environment. We want our new hires to be digitally savvy and ready to experiment with new forms of storytelling. Most importantly, we are looking for hard-hitting reporters who work well in a team. Collaboration and collegiality are a must.

Following vacancies can be applied for (only in Singapore).

Following vacancies can be applied for (only in Singapore).   

  • A reporter to track companies/startups that have raised private capital, and have the potential to become unicorns. SEA currently has over 40 companies with a valuation of over $100 million and under $1 billion.
  • A reporter who can get behind the scenes and reveal how funding rounds are put together, or why they’ve failed to materialise. She/he in this role will largely focus on long-format stories. 
  • A journalist to track special situations funds, distressed debt and private credit (from the PE angle) across Asia.