Building India’s Shein: why investors are backing a new wave of fashion ecommerce startups
By
Biju Kumar
The pandemic gave ecommerce a boost but put fashion etailers in a tough position—sales plunged and funding began to wither as consumers preferred leisure wear. But that’s begun to change with an easing in the Covid-19 situation.
A clutch of online fashion retailers targeting young shoppers has emerged backed by venture investors.