Stylofie

  • Gurgaon, India
  • Consumer Internet, E-commerce, Marketplace

Stylofie offers a curated choice of salons/spas to consumers with variable pricing & customizations. Data analytics to salons/spas.

Founded:
2015
Stage:
Early Revenues
Market:
B2C

Startup Video

Featured

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IDC's South Asia head invests in beauty & wellness platform Stylofie | Business Standard

Jaideep Mehta, managing director (South Asia) of IDC, has invested an undisclosed amount in Gurgaon-based beauty and wellness start-up Stylofie. He will also join Stylofie's Board and will mentor the management team.

Feb 09, 2016

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Beauty & Wellness Platform Stylofie Acquires Potent Competitor Hyve | i am wire

Gurgaon based beauty and wellness startup, Stylofie, has acquired Hyvestyle in a part-cash and part-equity deal. Hyvestyle is a mobile based platform to book appointments wellness services like Spa, haircut etc.

Jan 19, 2016

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Beauty startup Stylofie buys Bengaluru company Hyve | Economic Times

Stylofie, the Gurgaon-based beauty and wellness startup, has acquired the Bengaluru-based Hyve, in a part cashpart equity deal. The business team of Hyve will now join Stylofie.

Jan 10, 2016

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Beauty and wellness startup Stylofie raises seed round of $250K from Hong Kong-based Swastika | Yourstory

Gurgaon-based Stylofie, a three-month old beauty and wellness startup, has raised $250k in seed funding from a Hong Kong-based company Swastika. Stylofie is an online marketplace for salons/spas around Gurgaon.

Nov 23, 2015


Go Live in Gurgaon

Stylofie went live in Gurgaon on 1st Sep 2015. Started with website

Sep

2015

New Product Release

Android & IOS App released in the market

Oct

Funding

Raised US $250K in seed round from HongKong based Swastika Co

Nov

Acquistion of Hyve

Stylofie acquires Bangalore based Hyve in a part-cash and part-equity deal.

Jan

2016

Funding

Gurgaon based beauty start-up Stylofie raises funds from IDC’s Jaideep Mehta

Feb

Re-launch in Bangalore

Hyve relaunched as Stylofie in Bangalore

Apr

Expands Operations to NCR

Stylofie now available in Delhi, Noida, Ghaziabad as well

Apr

Jobs


Team Summary

3 co-founders - Prateek Agarwal, Balaji Srinivasan & Saurav Dey. Prateek is CA + MBA and has built large businesses in Telecom. (ex Airtel, Videocon). Balaji heads technology & has over 16 years of exp in building products. (ex Genpact). Saurav is a certified LSS Blackbelt & has 13 years of exp in sales, tech & process (ex Genpact, Accenture)

Team


Product/Service Summary

Stylofie is a online curated marketplace for Beauty & Wellness outlets. We offer consumers the ease of searching a salon/spa nearby, make bookings, do quality comparisons and offer airlines like variable pricing. To salons/spa partners we offer weekday footfalls and consumer data analytics.

How are we different?

1. Unique biz model that offers us upwards of 35% gross margin. Profitable at each transaction level
2. Very high repeat rates of 60%+ m-o-m
3. Offer consumes price & quality discovery. Working on digital lookbooks and personalized reminders
4. We drive bookings during weekdays to salon/spa partners, improving utilization + consumer analytics

Product/Service Descriptions