Zovi all set for the next step

It has been not long since trying on outfit one after the other was a sheer joy for the fashion alert consumers. But going by the latest trend going to a mall almost every weekend to buy the same stuff is not more a happy experience because of rising traffic and choked roads. As the consumers look at other alternatives they are able to like the online shopping business very advantageous. One of the premium online stores Zovi.com has now grown its wings for the big jump. Zovi is doing well in terms of business this financial year. It is currently treated as an online apparel store. Though it covers many other sections as well but the forte remains apparels. Zovi is seen as a trendy website for all your fashion solutions. Trend and style are the two things which are at prime focus on the portal. Zovi is eyeing at Rs 80-crore turnover by the end of this financial year. They are able to quote such a high figure as two prominent things are on the cards namely product portfolio expansion and introduction of brand new categories. The website is originally listed with $15 million investments from private equity players Tiger Global and SAIF Partners. It also has warehouse facilities in Bangalore and has built a logistics chain of its own. As per Zovi.com Founder Mr Satish Mani, they were targeting a turnover of 75-80 cr in the financial year 2012-2013. The website is into selling both accessories and apparels for men and women with plans of the same bringing new categories like kidswear and home furnishing items in picture. Around 1,200-1,500 products are been delivered on daily basis which covers almost 550 locations around India. In a recent announcement by the company it revealed that Tiger Global and SAIF Partners have recently invested $10 million as add on in order to help portal to set up back end infrastructure. They have built one lakh square feet warehouse in Bangalore and also set up own logistics network through which we deliver to 15 cities in India at present. You can avail Zovi Coupons, Voucher Code and more deals at http://www.saverr.com