Online e-tailer of jewellery and accessory, Voylla.com has raised Rs. 2. 5 crores from Pune based Snow Leopard Technology Ventures. The company plans to use the funding to expand its operations beyond Bangalore and start another facility closer to its supplier base. In 2012, the company started operations in Bangalore with a first round of funding from another seed investor.
Vishwas Shringi, Founder and CEO, Voylla.com said “This investment speaks volumes of our business potential. The capital raised will further accelerate our expansion plans and will largely be deployed for operations expansion and marketing spend to enhance our ability to service jewellery customers around the world.”
Chris Kolenaty, Partner, Snow Leopard Technology Ventures, added “The depth and breadth of offerings combined with the unique shopping experience make Voylla.com into a compelling value proposition for the customer. We are looking forward to our partnership with the management team at Voylla.com to build a market leading jewellery and accessories company consistent with our strategy.”As part of the investment, Chris will be added to the Board of Directors of Voylla.
Voylla.com offers gold-plated metal or pure sterling silver set with gemstones and diamonds.