Stylumia

Level 1 Sponsor

Stylumia was founded by Ganesh Subramanian, Ex COO of Indian fashion e-commerce giant Myntra in December 2015, along two of his colleagues Hemamalini and Sharath Puranik, with a mission of reducing wastage in the fashion, lifestyle, home & sports retail. Stylumia leverages machine learning to improve product assortments, optimise inventory management, and offers the most accurate consumer-driven fashion forecast in the industry.

Stylumia customers from the fashion, lifestyle, home & sports industries range from the Fortune 100 list to small and medium brands and retailers. Stylumia serves them through their suite of proprietary solutions powered by machine learning-based prediction algorithms, computer vision and award-winning proprietary Demand Science™. This is a radical approach compared to the supply-driven or intuitive fashion prediction and fashion forecasting systems available in the market globally. Most analyses focus on what is in the market already and is therefore flawed, being more an indicator of what was supplied and not what is selling well.

Stylumia's customers have significant revenue growth, inventory reduction and increased profitability by 30-50% in under 12 months with 10x return on investment.