Fahion rental startup Flyrobe secures $5.3 million funding from IDG Ventures

After raising $1.7 million in its seed round, fashion rental platform Flyrobe has now raised $5.3 million in a Series A round, led by IDG Ventures, along with the participation from Sequoia Capital and Tokyo-based GREE Ventures.

Vijay Shekhar Sharma, founder of Paytm and Stanhope Capital chairman Leon SeynaveWith have also participated in this round of funding. With this Series A round, the funding raised by the company is now $7 million.

With this round of funding, the company is planning...

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