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Yebhi Shuts down its recent buyout StylishYou
Yebhi Shuts down its recent buyout StylishYou
By: iMedia News Bureau

Soon after Flipkart closed down its recent bought e-commerce portal LetsBuy.com, Yebhi.com has also pulled the plug on StylishYou.in.

Fashion portal Yebhi had acquired online jewellery and fashion store StylishYou.in last month. The company has shut down the website after integrating its products. Founded by Shraddha Danani in 2011, StylishYou.in had exclusive brands and designer jewellery and accessories. Gurgaon based Yebhi.com was founded in 2009 and catalogues over 150 brands and the site and claims to receive 3 lakh visitors a day.

The firm, which is an online wholesaler of shoes, apparel, bags, accessories and gift items, had earlier raised Rs 10 crore from Nexus in its first round of funding. Last year, Infosys Technology’s Founder Narayan Murthy owned Catamaran Ventures and Nexus Venture Partners had picked up 20 per cent stake in Bigshoebazaar India Pvt Ltd that sells apparel, shoes and accessories online for Rs 40 crore.