Stylflip

Mumbai, India Founded: 2015 • Age: 11 yrs
Second-hand multi-category fashion items are sold via an online platform.

About Stylflip

Stylflip is a Retail company based in Mumbai (India) founded in 2015. Second-hand multi-category fashion items are sold via an online platform. Its focus areas include Consumer, Fashion Tech, B2C Commerce and Multi Category. Its legal entity in India is Placard Digital Solutions Private Limited (U74140MH2015PTC269812). Its competitors include FreeUp, Elanic and ReThought; 3 of its 3 listed competitors have raised funding.

Company details

Stylflip was established in 2015 in Mumbai, India, as an e-commerce platform focused on the resale sector. Second-hand fashion products across multiple categories, including clothing, jewelry, bags, and footwear, are listed and traded by users. Operations are conducted entirely online through the domain stylflip.com, facilitating access to pre-owned apparel and accessories for a broad customer base in the Indian market.

Key Metrics
  • Annual Revenue
    ₹12,809

    FY 2019 · -94% YoY

  • Net Loss
    -₹2.4 Lakh

    FY 2019 · -1836% margin

  • EBITDA
    -₹1.8 Lakh

    FY 2019 · -1388% margin

  • Latest Funding Round
    $40K (USD), Grant

    Jan 2017

  • Investors
    Facebook

    & 2 more

Funding Insights of Stylflip

  • Total Rounds 2
  • Last Round Grant β€” $40,000
  • Investors Count 3

All 2 funding rounds of Stylflip with amounts and investors; the two latest post-money valuations are shown, the rest are part of the premium plan.

DateAmountTransaction NameValuationLead InvestorsInvestors
Jan 2017$40,000Grant––
Mar 2016Angel Round––
Valuation history

3 investors in total: 1 institutional and 2 angel.

Investors in Stylflip

Stylflip has secured backing from 3 investors, including institutional and angel investors. Prominent investors backing the company include Facebook, Raj Gala Shah and Zaheer Memon.

All
Institutional
Angel
InvestorDescriptionFounded YearDomainLocation
Online social networking and communication services are provided globally.
2004facebook.comMenlo Park, United States

Raj Gala Shah

unknown_8e740ab7c4334be4a

Zaheer Memon

unknown_545b25edd62247e7a
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Investor details for Stylflip

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Board of directors of Placard Digital Solutions Private Limited (Stylflip)

Placard Digital Solutions Private Limited is the primary company behind Stylflip. The board of Placard Digital Solutions Private Limited currently have 2 directors; the longest-serving is Zarik Nabi, appointed in 2015.

DirectorDesignationAppointedTenureEntity
Zarik Nabi
DIN 07320856
Director03 Nov 201510 yrs 11 moPlacard Digital Solutions Private Limited
Zeenat Munir Nabi
DIN 07332226
Director03 Nov 201510 yrs 11 moPlacard Digital Solutions Private Limited

Financials of Stylflip

Figures of Placard Digital Solutions Private Limited, the primary company behind Stylflip, for FY 2019. Revenue was ₹12,809 (-94% year on year). Net loss was -₹2.4 Lakh (-1836% margin). EBITDA was -₹1.8 Lakh (-1388% margin). Revenue has grown at a compounded annual rate of -48% over three years.

  • ₹12,809Revenue · FY 2019 · -94% YoY
  • -₹2.4 LakhNet loss · -1836% margin
  • -₹1.8 LakhEBITDA · -1388% margin
  • ₹5 LakhPaid-up capital
  • -48%Revenue CAGR, 3 years

Balance sheet, profit and loss, cash flow and ratios of Placard Digital Solutions Private Limited are on its company page.

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Detailed financial statements for Stylflip

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Timeline of Stylflip

3 dated milestones of Stylflip across 2 years, from founding to its latest funding, stage changes and deals.

  1. Founded Stylflip is founded.
  2. Funding First funding round.
  3. Funding Latest funding round, Grant, of $40K.

Competitors of Stylflip

Stylflip has 3 listed competitors in our database, 3 of them funded. They include FreeUp, Elanic and ReThought.

Company NameDomainFoundedHQ LocationTotal fundingEmployeesDescription
freeup.app2019Bengaluru, India$785,46827
Multi-category second-hand products are offered via an app-based marketplace.
elanic.in2014Bengaluru, India$1.89M11
Mobile based P2P marketplace to buy and sell fashion products
rethought.in2022Delhi, India$160,000
Online platform offering multi-category used fashion products
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Detailed competitors of Stylflip

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Top companies in Fashion & Lifestyle E-Commerce

3 companies that operate in the same segment as Stylflip (Fashion & Lifestyle E-Commerce) in India, ranked by their profile score on The Company Check.

CompanyDescriptionFoundedLocationTotal fundingRevenueEmployees
Eyewear is offered online for men, women, and kids.
2010Gurugram, Haryana, IndiaUSD 1.04 BUSD 939.4 M18,984
Fashion and lifestyle products are offered via an online marketplace.
2007Bengaluru, Karnataka, IndiaUSD 123.71 MUSD 542.17 M1,108
Gold and silver jewellery, lab-grown diamonds, and accessories are retailed.
2019Bengaluru, Karnataka, IndiaUSD 142.34 MUSD 32.66 M711
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Related news about Stylflip

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Frequently Asked Questions about Stylflip

Stylflip was founded in 2015 and raised its 1st funding round 1 year after it was founded.

Stylflip is headquartered in Mumbai, India. It is registered at Mumbai, Maharashtra, India.

The primary company behind Stylflip, Placard Digital Solutions Private Limited, reported revenue of β‚Ή12,809 for FY 2019, down 94% year on year.

Stylflip was established in 2015 in Mumbai, India, as an e-commerce platform focused on the resale sector. Second-hand fashion products across multiple categories, including clothing, jewelry, bags, and footwear, are listed and traded by users. Operations are conducted entirely online through the domain stylflip.com, facilitating access to pre-owned apparel and accessories for a broad customer base in the Indian market.

Stylflip's top competitors include FreeUp, Elanic and ReThought.

Stylflip has 3 investors. Key investors include Facebook, Raj Gala Shah, and Zaheer Memon.

Stylflip operates through Placard Digital Solutions Private Limited.

The legal entities of Stylflip currently have 2 directors, including Zarik Nabi, Zeenat Munir Nabi.

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