Limeroad
Limeroad is an Indian online marketplace[1], owned by A. M. Marketplaces Pvt Ltd.[4] The company is based in Gurugram, Haryana.
Type of business | Privately held company |
---|---|
Type of site | E-commerce (online shopping) |
Available in | Hindi, English |
Area served | India |
Founder(s) | Suchi Mukherjee, Ankush Mehra[1] |
CEO | Suchi Mukherjee[2] |
Parent | A M Marketplaces Pvt Ltd |
Alexa rank | |
Commercial | no |
Registration | Required |
Launched | 2012 |
Current status | Active |
It is India's first women's social shopping website.[5][6] It deals in clothing and accessories for women, men and kids.[7][8] The portal allows its users to create their own look on a virtual scrapbook by using its products and also allows users to earn from the scrapbook they create.[9][10]
Background
Limeroad was co-founded in 2012 by Suchi Mukherjee, Manish Saksena and Ankush Mehra as a fashion marketplace for women.[4][11][12] The company's name is inspired from Grand Trunk Road.[13][14]
The company raised US$ 5 million Series A round of funding from Matrix Partners and Lightspeed Venture Partners in 2012[15] followed by Series B round US$ 15 million in 2014[16] and Series C round US$ 30 million from Tiger Global, Lightspeed Venture Partners and Matrix Partners in 2015.[17]
In 2016, Limeroad came into partnership with the Madhya Pradesh Government's M.P. Laghu Udyog Nigam (MPLUN) to promote handloom and handicraft products online in India.[18]
Limeroad competes with e-commerce companies such as Amazon, Flipkart and Snapdeal, Myntra, Jabong, Roposo, Wooplr and Voonik.[9]
Awards
Year | Award(s) | Awarding organisation | Result | Ref. |
---|---|---|---|---|
2015 | Coolest Start-up of the year | Business Today (India) | Won | [19] |
2015 | Infocom Woman of the Year - Digital Business | INFOCOM | Won | [20] |
2016 | Unicorn Start-up Award | NDTV | Won | [21] |
2017 | ET Startup Award | The Economic Times | Nominated | [11] |
References
- "Non-Conformist Fashionista". Outlook. 2016-10-07.
- Anand, Shelly (2016-04-18). "You need the fighter gene to succeed: Limeroad CEO Suchi Mukherjee". India Today.
- "Limeroad.com Traffic Statistics". Alexa.com. Retrieved 2019-01-10.
- Chopra, Arushi (2016-11-17). "LimeRoad FY 2016 revenue more than doubles". Mint.
- Sangwan, Sujata (2017-03-07). "LimeRoad Thrives Amidst A Bloodbath". BusinessWorld.
- Singh, Priyanka (2013-05-23). "India's first social shopping platform exclusively for women Limeroad.com". The Times of India.
- Mukherjee, Jui (2018-06-17). "We're in the business of dopamine: LimeRoad". Fortune.
- "LimeRoad aims to revolutionise online shopping for men". The Free Press Journal. 2016-05-30.
- Chengappa, Sangeetha (2018-01-20). "Fashion e-tailer Limeroad to empower 1.5 lakh women entrepreneurs". Business Line.
- Chaudhary, Apurva (2013-09-27). "Limeroad Allows Users To Earn From Its Scrapbook Feature". Medianama.com.
- Khan, Taslima (2015-06-21). "Different Looks". Business Today.
- "मैग्जीन में छपी ज्वैलरी देखकर आया बिजनस आइडिया, अब अरबों का टर्नओवर" (in Hindi). Bhaskar.com. 2017-02-07.
- Ram, Vidya (2015-11-02). "Limeroad: The new age Grand Trunk Road of fashion". The Financial Express.
- Sachitanand, Rahul (2015-04-05). "How discovery startups like Limeroad, Wooplr, Tripoto are catching both consumers & investors' interest". The Economic Times.
- Russel, Jon (2012-10-23). "India's LimeRoad, a new and innovative social commerce site for women, lands $5m Series A funding". Thenextweb.
- Shu, Catherine (2014-05-08). "Indian Fashion Discovery Site LimeRoad Lands $15M Series B". TechCrunch.
- Shu, Catherine (2015-03-30). "LimeRoad, A Fashion Scrapbooking Site Based In India, Scoops Up $30M Series C". TechCrunch.
- "LimeRoad partners with MP Govt to offer handloom products online". The Economic Times. 2018-12-26.
- "ET Startup Awards 2017: ET-Facebook woman ahead award goes to Falguni Nayar of Nykaa". The Economic Times. 2017-07-24.
- Sachdeva, Sujata (2015-08-04). "LimeRoad's Shuchi Mukherjee bags 'Woman of the Year' award". FashionUnited.
- "The (EM)POWER List 2018: Suchi Mukherjee". Verve (magazine). 2018-06-23.