Valyoo Technologies

Valyoo Technologies raises Rs 53 Crore

Valyoo Technologies raises Rs 53 CroreLeading online fashion retailer, Valyoo Technologies has said that it has raised about Rs. 53 crore from Unilazer Ventures and existing investor IDG Ventures India.

Valyoo offers a variety of products online through websites such as LensKart, WatchKart, BagsKart and JewelsKart. The company had earlier received an investment from   $4 million from IDG Ventures in October 2011. Media reports suggest that Valyoo was aiming to raise additional $20 million in February or March 2012 but scrapped tis plans in September and decided to focus on the existing segments.

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