#coutloot

Social ecommerce platform Coutloot boosts income of over 6 lakh sellers, Retail News, ET Retail

Coutloot, a social ecommerce platform said it has helped over 6 lakh small street shops and sellers expand their business online since a year, boosting their income by seven times. The company built on the lines of Taobao said an average seller earns Rs 16,000 on the platform every month compared to Rs 2,300 at the start of the pandemic in 2020. During the lockdown, many of the traditional market…

Coutloot Adds "Essentials" Category to combat COVID-19. Read more at link below.

CoutLoot is a social offline-to-online (O2O) commerce platform. The platform started its operation in 2016 and it is based out of Mumbai. Coutloot was formed to make e-commerce easily accessible and available to the long-trail of small-scale sellers and businesses in the unorganized market, all a seller needs is a phone & an internet connection.

Our country is going through COVID-19 Pandemic…

Facebook picks fashion platform CoutLoot for FbStart programme, reportedly invests $400k as well – The Tech Portal

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CoutLoot, an end-to-end fashion re-commerce platform, has been selected for Facebook’s FbStart accelerator programme. Along with the selection, it is also being reported that the social media giant has pumped in $400,000 into the venture.

As a part of this programme, CoutLoot would also receive mentoring from Menlo Park HQed social media giant’s engineering teams. The programme provides…

CoutLoot raises funding from Venture Catalysts

CoutLoot, India based online portal which helps people sell their unused branded clothes and accessories, has raised an undisclosed amount from Venture Catalysts. This will be first ever investment from Venture Catalysts in an eCommerce platform. The raised funds will be used in team expansion, strengthening the technology and to roll out a new program called campus trendsetter in colleges and…