Lahore-based fashion ecommerce platform Clicky has raised $700,000 in a pre-Series A round, it announced today in a statement to MENAbytes. The investment came from former Souq/Amazon MENA executive Asif Keshodia, unnamed executives of Xiaomi, and some other individual investors. Clicky has previously raised money from Souq (which was acquired by Amazon in 2017) and local VC Fatima Ventures.
Founded in 2016 by Muhammad Khalid and Syed Shahzad, Clicky sells fashion products with a focus on clothing and footwear. Its catalog includes a mix of local and international brands as well as white label products with the SKUs available on the platform exceeding 20,000, Clicky’s CEO Muhammad Khalid told MENAbytes.
The startup has its fulfillment centers in Lahore and Rawalpindi and ships orders using different third-party logistics services. A part of the investment will be used to further enhance its fulfillment, logistics and customer experience infrastructure.
In a statement, it said that will now focus to work directly with manufacturers and build private labels across different fashion categories, “The new funds will be used to grow a team of fashion designers for home-grown labels.”
South Africa Today
Read more at VolaNews
