India, April 2022: Louoj a startup based out of Singapore & India, a SaaS based bespoke clothing platform has raised Rs. 1.5 cr seed funding after becoming a Multi-Million-dollar company by private investors in India and Singapore, further bolstering the company’s position in the startup ecosystem. Founded by Bibhuti Dash, with Co-Founder team consisting of Priyanka Nanda, and Jyotirmaya Ghadai.
The seed fund round saw participation from new investors Debasish Patnaik (Mentor & Investors) and Mahavir Pratap Sharma (Mentor & Investors) from India. Louoj plans to invest funds for achieving the next milestones. The funding bolstered the existing investor group consisting of experienced investors, Priyadarshi Mishra (Passive Co-Founder & Investors) from Singapore, and Suren Kapse (Advisor) from the USA.
Louoj, the Singapore-based startup, enables bespoke clothing businesses to operate in a digital platform to customize clothes with 3D design app and operate effectively using enterprise software solutions. The fashion-tech firm has plans to build a B2C platform for buyers to shop customized bespoke clothing with ease. Louoj has distributed over 100 licenses to bespoke shops in India, Singapore and Thailand.