Online Jewellery Retailer, Voylla.com Raises Angel Investment


Bangalore: Voylla.com, a Bangalore based e-retail platform that provides exclusive jewellery and accessories has raised undisclosed angel investment. It has also managed to raise a seven digit figure amount from a single individual investor, reports livemint.com

Founded by Vishwas Shringi and Raj Uparkar, Voylla.com provides a one stop solution for jewelry and accessory purchase. It displays the products designed by renowned designers with attractive and affordable prices. The company plans to utilize the funding to expand its operations and to market the shopping portal.

Voylla.com sells precious, semi-precious and gem stone jewellery for women and it also claims to deliver the product at the customer’s doorstep within seven days from the time of placing the order. “When we started we were offering both apparel and jewellery but we later found that demand for jewellery and accessories were very high. We have now completely pivoted from apparel,” said Vishwas Shringi, chief executive and co-founder of Voylla.com

“Even is traditional jewellery shopping, buyers’ end up trusting what the goldsmith says. In the case of online jewellery portals, the ornaments come with a guarantee card,” said Anil Joshi, vice president at Mumbai Angels, a grouping on angel investors.

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