- Early StageStartup in initial stages
VARAHA INNOVATION STUDIOS careers
"Virtual Trial room tech in Augmented Reality, to reduce return rates for all eCommerce stores globally."
The biggest problem faced by eCommerce stores, especially Clothing & Apparel is "returns".
"In the US alone, Statista estimates return deliveries will cost $550 billion by 2020, 75.2% more than four years prior. Worse, that number doesn’t include restocking expenses nor inventory losses".
Our proprietary, gamified tech will help reduce the return percentage for all online clothing retailers.
The biggest problem faced by eCommerce stores, especially Clothing & Apparel is "returns".
"In the US alone, Statista estimates return deliveries will cost $550 billion by 2020, 75.2% more than four years prior. Worse, that number doesn’t include restocking expenses nor inventory losses".
Our proprietary, gamified tech will help reduce the return percentage for all online clothing retailers.
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MOHAN PONNADA
Mohan Ponnada, is a serial entrepreneur, on a mission to build the next generation of Human-Computer Interfaces in Augmented, Mixed and Virtual reality.
Valuation
$237K
Funded over
1 round
Latest round
Seed (May 2018)
Pindrop • Atlanta • $130k – $150k • 4 days ago
MoodMe • New York City • 10.0% – 25.0% • 1 week ago
Forerunner Ventures • San Francisco • $220k – $302k • 3 weeks ago
ValueLabs • Boston • 1 month ago




