Mabel, India's first jewellery marketplace raises $1.5 Million in Seed funding
Mabel, India's first one-stop jewelry shopping platform, has raised $1.5 Million in Seed financing led by Whiteboard Capital, Sauce VC & Incubate Fund. The company will utilize the funding for developing its product & scaling teams across all domains. The Mabel platform is already live & shipping across India and aims to launch worldwide shipping in the coming months.
Founded in June 2022 by Anubhav Barsaiyan, Aashish Garg, and Milind Sharma, Mabel is targeted towards customers desiring top brands and designer labels. A curated marketplace with 50+ brands and over 10,000+ designs, Mabel offers endless options across traditional and contemporary styles and all material types, from fine to fashion. The platform has exclusive designs for several occasions and covers styles for different budgets. It also aims to enable traditional offline brands to be discovered digitally, eventually increasing sales.
Milind Sharma, Co-founder of Mabel, commented, "We aim to build Mabel to be an engaging and seamless shopping platform for the customers and elevate Indian brands to serve a global audience. With this platform, we desire to disrupt the online jewelry shopping experience through brand a