Fabulyst, a Startup from 50K Ventures Portfolio Raises 1.4 crore Seed Funding In the Next Round – VC Circle

Fabulyst, a Startup from 50K Ventures Portfolio Raises 1.4 crore Seed Funding In the Next Round – VC Circle

Fabulyst in an artificial intelligence-based platform that echoes a personal stylist. It has raised Rs 1.4 crore ($216,000) in seed funding from iB Hubs, a launchpad-cum-accelerator for startups.

It was a part of the accelerator programmes of Axilor Ventures and IIIT-Hyderabad (International Institute of Information Technology), following which it raised a funding from 50K Ventures.

We’re absolutely excited that a startup from our portfolio has raised funding in its next stage.

With a brand like Mebaz in its hat and more in the pipeline, we’re sure Fabulyst will surpass the expectations of the Indian Startup ecosystem.

VC Circle has published an article on this, which can be accessed here: Exclusive: AI-based fashion startup Fabulyst raises seed round