Fabulyst

India
Hyderabad, Telangana, India, 500032

Company profile

Fabulyst company profile

Fabulyst is an AI engine that solves for modern women's style aspirations e.g. “show me clothes for an evening party that make me stand out with sporty looks and I want to look slimmer too". It's globally one of a kind AI-based system which can emulate a personal stylist in a hands-free manner. It uses proprietary algorithms combining Deep learning, Computer vision, NLP and >40,000 styling theory rules from textbooks. Currently working as a layer over fashion e-commerce, the system understands a user w.r.t. her aspirations, preferences & persona; and gives customized recommendations each with personal style advice. Other players in this space are - Voonik, IStyleYou, PurpleStyleLabs, Mavenchic.in. We are different from above solutions with our ability to solve aspirational user query without manual intervention. As per google, by 2020 fashion e-Commerce market will be USD 40 Billion in revenue in India alone. With FABULYST we want to give every individual the benefits & pleasure of having a personal stylist at zero cost. Because everyone aspires but fewer can afford.

Business identity

Operating status
Closed
Company type
For Profit
Employee range
11-50 employees
Revenue range
$0-$1M
Founded
2016-05-14

Headquarters

Postal code
500032
Country code
IN
Continent
Asia

Capital profile

Funding and company signals

Funding stage
M And A
Funding rounds
6
Total equity funding
$680,534
Last funding
Seed / $135,000 / 2019-01-01
Last equity funding
Seed / $135,000
Investors
8
Lead investors
3
Founders
4
Articles
1
Closed on
2020-01-01
Exited on
2020-03-23

Founders and investors

Founders

Komal PrajapatiRaj ParakhVikas JethnaniVishal Chitravanshi

Lead investors

GenNext VenturesiB HubsXRC Ventures

Investors

50K VenturesiB HubsJioGenNextThe IIIT-H FoundationXRC Ventures