Delhi-based Community-led commerce platform Marsplay raises Pre-Series A round led by Venture Highway
by YourStory 2019-09-12
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source: thenewsminute

Marsplay, a New Delhi-based community-led commerce platform, has raised an undisclosed amount of pre-series A round of funding led by Venture Highway with participation from Alvin Tse from Xiaomi, and Jonathan Lau, Partner, Cadorna Ventures.

Existing angels including the personal offices of Shailesh Rao, a partner with TPG Growth, and Nikhil Mohta, Director, ICICI Ventures also participated in the round.

Marsplay plans to use the funds to build its product engineering team and build a strong creator community.

Founded in 2017 by Misbah Ashraf and Ayush Shukla, Marsplay said it revolutionizes fashion shopping, by moving it away from catalogues to a personalized, curated, visual feed of fashion trends from your circle of acquaintances and your local community.

The community fully captures local and personal aesthetic influences to give users a more relevant shopping experience. What makes Marsplay unique is a shoppers ability to purchase everything you see in your feed with a single tap, it said in a statement.