Flyrobe is a private company offering fashion rental services established in 2015. Its headquarters is in Mumbai, India. Tushar Saxena, Shreya Mishra, and Pranay Surana are the co-founders of this innovative company.
The firm uses a rental platform for on-demand apparel to provide men and women with premium designer wear. In layman’s language, Flyrobe is an online platform where customers can buy and rent handcraft clothes and ethnic wear. This is India’s most prominent and first online service providing a platform for fashion rentals.
The products range from western to ethnic. Playsuits, jumpsuits, dresses, gowns, skirts, maxi dresses, tops, and shorts are on rent depending on various occasions. In addition, the company also provides specialized bags and jewellery. Over 200 employees work in Flyrobe, indicating its immense growth in the Apparel and Fashion industry.
The company claims to drink logistics, eat technology, breathe fashion, and match clients’ preferences with their upcoming fashion dates. It means that the firm is keeping pace with the changing trends and technology to meet the demands of clients through their virtual extension and fly access.
How did Flyrobe come into existence?
Shreya Mishra, an IIT and the founder of Flyrobe, once visited AirBnB’s office at Standford University for a conference in 2012. The founder was fascinated by the rental shop concept that, and he operated within the available assets. Tushar Saxena and Pranav Surana joined Shreya to research the rental store proposition.
The survey among 200 women was conducted from there it was found that people are more into spending on dresses which are used minimally. This led to the establishment of this successful rental store in India.
Flyrobe Funding
The company has officially raised $ 7.1 Million during the initial two funding rounds; its official website is www.flyrobe.com.
Strive Ventures, Sequoia Capital, and Chiratae Ventures are the major investors of this firm. Chiratae Ventures also raised a 5.3 million dollar fund in 2016 for the business. Productivity and technology were improved using this funding.
What’s best about Flyrobe?
When a customer orders a dress for rent, the Flyrobe professionals visit them to take their unique measurements. The measurements will stay on record in case they reorder products. Wedding lehengas are something any girl can dazzle in different wedding functions, and Lehengas from Sabyasachi is also available for rent.
The latest and trending lehengas from Mehendi to Sangeet gives us to rent for just 15 to 20% of its original price. Mango, ASOS, Shehla Khan, FCUK, Forever, and many more offer rental clothing on Flyrobe.
There is no security deposit required for the rented clothes, and the garment can be easily rented within 3 hours or even more with regular rentals. The price range begins from $2.43 for western attires to even $ 300.
Awards and achievements
The founder of Flyrobe, Shreya Mishra, was recognized under 35 in the Entrepreneur Magazine 35 in 2018.
She has represented the country and the company at the Open-Mind Start-Up expo as a delegate.
Flyrobe Competitors
DateTheRamp: This Company has brought in an exclusive celeb style source of fashion and authentic occasion wear. Their target market is only women, which makes it a tough competitor for Flyrobe.
Tessuti: This clothing company operates retail stores and now is available online, making it challenging for new competitions to survive.
The deliveries are done in Mumbai, Bangalore, and Delhi. Anyone who desires to put on those luxurious-looking designer wear can go ahead and rent clothing from this fantastic store.
Read more: http://bingeconnect.com/2021/09/11/meesho-indias-largest-online-reseller-startup/
2 Comments
Hello there! I know this is kinda off topic however I’d figured I’d ask.
Would you be interested in exchanging links or
maybe guest authoring a blog post or vice-versa?
My blog discusses a lot of the same topics as yours and I think we could greatly benefit
from each other. If you’re interested feel free to send me an e-mail.
I look forward to hearing from you! Superb blog by the way!
Surely, You can post your queries in contact@bingeconnect.com mail id. We are pleased that you liked our blog, this give us inspiration to post more articles like this in the future!!