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NEWS:

Fashion news portal, co-founded by LBS alumna, gets 500k dollars

Luxeva Ltd UK, the company behind POPxo.com, a digital publication for women’s fashion, beauty and lifestyle, has secured Rs 3 crore (just under $500,000) in funding from a group of investors, including Google India chief Rajan Anandan and CaratLane.com’s Mithun Sancheti, who invested through Chennai Angels.

Others who participated in the round include VC investor Chris Mathias, Tej Lalvani of Vitabiotics, and Hussein Kanji of Hoxton Ventures.

“We are opening up our Delhi Office,” said Priyanka Gill, founder and editor-in-chief of POPxo. “We also plan to hire more people, besides developing videos & other content formats.”

The startup was founded by Priyanka along with Namrata Bostrom (co-founder and CEO). Priyanka is an angel investor and writer for various Indian and UK publications. Namrata earlier worked as a management consultant in London for banks and retailers. Namrata holds an MBA from London Business School.

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