Fabulyst, an early stage startup, has raised $2,25,000 in angel funding from iB Hubs, a start-up hub that is planning to set up incubators across the country.
Fabulyst is an early stage start-up from the first batch of IIIT-Hyderabad’s AVISHKAR deep tech accelerator programme.
The start-up plans to use the proceeds to refine its existing technology and acquire global e-commerce clients. Part of the funds will be used to upgrade consumer interfaces for global demographics.
“Fabulyst uses proprietary algorithms that combine deep learning and over 40,000 styling rules to work in tandem. It addresses natural user intents and queries in shopping workflow, enhancing user engagement and overall sales,” a statement has said.
The start-up is founded by Komal Prajapati, Vikas Jethnani, Vishal Chitravanshi and Raj Parakh.
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