Ameeth Evans – Styloday – Inventus Capital

Founder Ameeth Evans pitching Styloday – an online fashion rental portal.

website: www.styloday.com
video: https://www.youtube.com/watch?v=v34hkHgI4rY

“We were incorporated on 17th July, we launched on 27th of August and got our first order on the 28th of August. We have acquired 12 customers in a span of 20 days and look to keep increasing this number. We are currently looking at a repeat percentage of 20% of the customers we have acquired,” says Ameeth.

Styloday is a subscription-based fashion rental portal for both men and women. Their mission is to put consumers’ wardrobe in the cloud and enable them to “wear something new every day”. They offer three subscriptions models: weekly, fortnightly and monthly. Rs 699 (5 pieces), 1199 (10 pieces) and 2000 (20 pieces) respectively. The consumer gets neatly ironed and completely hygienic clothes, ready to wear.