Oyela Funding
Oyela is a fast fashion brand for GenZs, bringing styles similar to aspirational brands like Zara / H&M / ASOS etc at affordable prices and high quality fabric.
With 100+ styles launched every month, we use data to understand what's trending globally and manufacture those styles from global centres across Turkey, Spain, Bangladesh, China, India.
We believe that fashion aspirations of India’s next Gen are higher than those of an average Indian citizen, and they have a keen eye for design. While they look for an affordable price point, they are not willing to compromise on quality for cheap products. At Oyela, we are trying to bridge that gap as Indian marketplaces like Myntra, Ajio and others only offer mass-produced designs.
The company recently announced that it has secured a substantial INR 14.4 Crore in funding. The funding round, led by Prime Venture Partners, is a testament to the potential and vision of Oyela's founders, Rahul Gope and Anjan Kumar Patel.
To learn more about Oyela's exciting journey and the recent funding, you can read the following articles :