Valyoo Technologies is a Delhi-based multi-vertical e-commerce operator that runs Jewelskart.com, Watchkart.com, Bagskart.com and Lenskart.com. Founded in 2010 by Peyush Bansal, the firm says it will focus on its existing four verticals rather than adding more. Reported operating metrics include roughly 1,000 orders per day, an average order value of about Rs 1,500, and approximately 10,000 SKUs. The company was growing 15–20% month-on-month and had grown over twenty-fold in the prior 12 months. Management plans to use new funding to expand into smaller towns and cities, build offline franchises, add new products based on market research, and strengthen supply chain and marketing. Valyoo has stated an intention to break even within the next two years.

Total raised

$10M

Funding rounds

1

Latest round

Series B

Latest activity

Feb 2013