Reevoy
Financials
Estimates*
USD | 2021 | 2022 |
---|---|---|
Revenues | <1m | <1m |
% growth | - | 120 % |
Profit | (<1m) | (<1m) |
% profit margin | (126 %) | (94 %) |
Date | Investors | Amount | Round |
---|---|---|---|
N/A | Angel | ||
N/A | Seed | ||
* | $4.0m | Seed | |
* | $5.8m | Debt | |
Total Funding | €3.6m |
Recent News about Reevoy
EditReevoy is a dynamic startup focused on revolutionizing supply chains in the fashion and home living sectors, particularly between India and the global market. The company leverages technology to ensure quality and efficiency in sourcing products, making it easier for international brands to procure goods from India. Reevoy serves a diverse clientele, including major global brands in fashion and home living, who are looking for reliable and cost-effective sourcing solutions.
Operating in the import-export market, Reevoy simplifies the process of discovering, ordering, and tracking high-quality products from India. The company’s platform offers a wide range of handcrafted and fresh styles, from comfortable rugs to shiny coffee tables, enhancing the product portfolios of its clients.
Reevoy’s business model is built around a tech-powered platform that connects buyers with suppliers. This platform ensures quality assurance and streamlined logistics, making the sourcing process seamless. The company makes money by charging fees for its services, which include quality control, logistics management, and financial services. By providing a one-stop solution for sourcing, Reevoy adds value to its clients by reducing costs and improving supply chain transparency.
In summary, Reevoy is a tech-driven company that simplifies and assures quality in the supply chains for fashion and home living products, primarily serving international brands looking to source from India. The company’s innovative approach and focus on customer needs make it a significant player in the import-export market.
Keywords: tech-powered, supply chains, fashion, home living, India, global brands, sourcing, quality assurance, logistics, handcrafted.