# FashionValet Sdn. Bhd.

Startup profile on Capital Atlas: https://capitalatlas.ai/startups/fashionvalet-sdn-bhd

- Industry: Retail
- Headquarters: Kuala Lumpur, Malaysia
- Website: www.fashionvalet.com
- Total disclosed funding: $1.2M
- Latest round: Series A (Mar 3, 2015)
- Investors on record: 1

## About

FashionValet Sdn. Bhd. is an online platform that specializes in offering a wide array of fashion and lifestyle products, catering to the needs of the Southeast Asian market.Founded in 2010 in Kuala Lumpur, Malaysia, FashionValet Sdn. Bhd. operates as an e-commerce platform focused on the fashion sector. The company has not undergone significant pivots in its business model and does not have known subsidiaries. The founders, Fadzarudin Anuar and Vivy Yusof, have a background in entrepreneurship. As of March 28, 2018, the company raised USD 12.17 mn in Series C funding, marking the total amount raised to USD 12.17 mn, with a current valuation of USD 104.55 mn.FashionValet.com provides a curated selection of fashion and lifestyle products, primarily targeting consumers in Malaysia, Singapore, and Indonesia. The platform features a variety of apparel, accessories, and beauty items from established and emerging brands, fulfilling the demand for contemporary fashion that aligns with local cultural aesthetics.In the most recent year, 2022, FashionValet.com reported a revenue of USD 25.68 mn with an EBITDA of USD -2.06 mn, indicating the company's performance in the competitive fashion e-commerce space.Following its most recent funding round in March 2018, where it raised USD 12.17 mn, FashionValet plans to strengthen its market presence in Malaysia while exploring expansion into other Southeast Asian markets. The funds will be utilized to build infrastructure and support the launch of new product lines, targeting a broader audience and enhancing their offerings.

## Funding rounds

- Series A, Mar 3, 2015, $1.2M — Elixir Capital

## Investors

- Elixir Capital (https://capitalatlas.ai/funds/elixir-capital) — Series A