Hopscotch Raises $25 Million From Eduardo Saverin’s Investment Arm EE Capital, Others

Hopscotch, a quick-style children’ clothes model, has raised $25 million from Facebook cofounder Eduardo Saverin’s investment arm EE Capital, Lionrock Capital, Rise Capital, RPG Ventures and IIFL Seed Ventures Fund, at a time of rising investor in new-age client manufacturers. Angel traders together with Wei Yan, the cofounder of Diapers.com, and Techpro Ventures, the fund owned by Atul Nishar, the founding father of Aptech, additionally participated within the investment spherical. Hopscotch is a youngsters’s clothes model within the up-to-10 age group. “Eighty percent of our revenue comes from repeat moms, we launch 400 styles every day, while most brands launch 800 a year,” Anand, who can also be its CEO, stated. The platform has 3 million moms transacting since inception. Hopscotch plans to maneuver its model past its personal platform to different marketplaces. In 2011-2012, Hopscotch began as a vacation spot the place main manufacturers from all over the world listed merchandise and largely on pre-orders, serving to moms uncover the newest in children’ style from the consolation of their houses.