Fabulyst

  • Hyderabad, India
  • Fashion, Big Data, E-commerce

AI based virtual salesperson cum stylist for Fashion commerce stores

Founded:
2016
Stage:
Early Revenues
Market:
B2B

Startup Video

Featured

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Axilor selects 10 startups for 4th accelerator cohort | Inc 42

Oct 01, 2016

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IIIT-Hyderabad selects three startups for first batch of accelerator program | Inc42.com

May 30, 2016

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IIIT-H admits three deep-tech start-ups into accelerator | The Economic Times

May 28, 2016

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IIIT-Hyderabad to fund three innovative startups | Indian Express

May 28, 2016

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IIIT foundation admits 3-deep Tech startups into its Accelerator prog | News Webindia

May 27, 2016

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INNOVATION10 thought provoking startups at Impact Chapter Hyderabad | IndianCeo.in

May 27, 2016

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WITH FABULYST YOU CAN CARRY YOUR PERSONAL STYLIST IN YOUR SMART PHONE | IndianCeo.in

May 26, 2016

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IIIT foundation admits 3-deep Tech startups into its Accelerator prog | UNI India


Founded

Mar

2016
Funding

Featured into top 3 deep tech startups going into IIITH Accelerator Program

Jul

New Product Release

Sep

New Product Release

B2B Beta launched

Mar

2017
Customer

Onboarded first b2b customer

May

Funding

Closed funds from lead investor in seed round

Jun

Jobs

Team Summary

Startup Experiences, Deep Technology, IITs, Strong Domain expertise, Complementary skills, Business Experience, Data science, Artificial Intelligence

Team

Founding Team

Komal Prajapati

Komal Prajapati


Founder, CEO

Founder & CEO @ Fabulyst, President @ DLPMCS.org, Director & Co-Founder @ Doctl, Software Development Engineer II @ Microsoft

WORK

Fabulyst (2015 - present)
Founder & CEO

DLPMCS.org (2013 - present)
President

Doctl (2014 - 2015)
Director & Co-Founder

EDUCATION

IIT Madras
B.Tech. • 2006 - 2010

Lucknow Public School

St Marry's High School, Banda

Raj Parakh

Raj Parakh


Chief Product Officer, Co-Founder

CMO @ Fabulyst, Co Founder @ Fabulyst, Business Development Analyst @ Cognizant, Assistant Manager Operations @ Jio, Founder / CEO @ Lake City Tutors

WORK

Fabulyst (2016 - present)
CMO

Fabulyst (2016 - present)
Co Founder

Cognizant (2015 - 2016)
Business Development Analyst

EDUCATION

Jaypee University of Information Technology
Engineer’s Degree

St. Pauls Udaipur

Vishal Chitravanshi

Vishal Chitravanshi


Co-Founder, Chief Experience Office
vikas jethnani

vikas jethnani


Co-Founder, CTO
Meenakshi Nahata

Meenakshi Nahata


Chief Stylist, Co-Founder

Mentors & Advisors

Shailesh Kumar

Shailesh Kumar


Advisor

Product/Service Summary

Fabulyst is an AI that enables styling theory assisted shopping at fashion e-commerce stores. The whole idea is to address natural user intents and queries in shopping workflow and hence increase conversion rate.

Consider few frequent real world user queries/intents - show me elegant dresses for party that make me look slimmer, will this apparel suit my dusky tone, or heavy upper body, body shape etc. These are largely unaddressed. Fabulyst is first of a kind B2B(2C) solution that takes as input regular e-commerce inventory and like a personal stylist answers effortlessly for every user all aforementioned queries both with product suggestions & natural language.

As per a study by Baymard Institute (https://baymard.com/ecommerce-search), 84% of fashion e-commerce has poor/mediocre filter experience.

The system uses proprietary algorithms (patents under progress) that combine deep learning and 40000+ styling rules to work in tandem.

Product/Service Descriptions

Fabulyst Widget

It is an out of box offering for fashion e-commerce players that integrates to the product detail page (PDP) in 5 mins and generates 2x lift in add to cart conversions and average page visits per user.

It directly tackles most important shopping concerns that users have - how does this product suit me? The advice is per user per product w.r.t. body shape, variations, skin tone etc.