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Luxury fashion meets blockchain on Syky, the Seven Seven Six-backed web3 platform

TechCrunch

Alice Delahunt believes the future of fashion is in web3 and created Syky (pronounced “psy-key”) to put the wheels in motion. It felt like there was potential for virtual fashion and digital fashion to really take off,” she told TechCrunch. “I I believe that the luxury fashion houses of tomorrow are being built today.”.

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Star-studded digital avatar startup Genies launches NFT fashion marketplace

TechCrunch

Now, The Warehouse is available to the general public, meaning users can download the Genies Studio app to create their own avatars and buy digital fashion items to dress them, Genies CEO and founder Akash Nigam told TechCrunch in an interview. An image of the Genies platform showcasing a fashion collection designed by creator Ian Charms. .

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Former Myntra chief’s fashion startup Virgio valued at $161 million in new funding

TechCrunch

Fashion startup Virgio, co-founded by Amar Nagaram, former chief executive of Myntra, has raised $37 million in a new financing round as the young firm looks to build “a global fashion brand” from the South Asian market. There is a large underserved market for branded apparel in India currently.

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Curated Loop is ranging indie designer picks for an edgier take on fashion rentals

TechCrunch

Here’s a fashion rental startup with a twist: London, U.K.-based Curated Loop’s co-founders, Anna Caldana and Rachel Mcluckie, bring a background in (and passion for) fashion to what they hope will be badged as a fresh approach to designer rentals. So the promise is access to unique high-end designs. to rent the look).

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Deep Agency shows the perils of applying AI to the fashion industry

TechCrunch

Earlier this month, Danny Postma, the founder of Headlime, an AI-powered marketing copy startup that was recently acquired by Jasper , announced Deep Agency , a platform he describes as an “AI photo studio and modeling agency.” According to one survey , as of 2016, 78% of models in fashion adverts were white.)

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Fashinza, a B2B supply chain marketplace for fashion brands, raises $100M

TechCrunch

Bearing the brunt of the impact is the fashion industry, which employs millions of workers at retail stores, suppliers, and manufacturing factories around the world. Fashinza , a Dehli, India-based supply chain “marketplace” for fashion brands and retailers, was co-founded months before the disruptions.

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Thailand’s Beam simplifies checkout for social commerce

TechCrunch

The social commerce market is already worth more than $13 billion in Southeast Asia, but the checkout process is filled with friction. Many sellers don’t have online storefronts and instead use social media and messaging apps, which means payment is made by switching to banking apps or wallets.

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