Every other girl’s dream is to have an exquisite wardrobe with all the latest fashion. Samridhi had the same dream, but she took it a step further by starting her own company called Revamp My Closet. The idea behind this startup was to have one place to find everything from basics to occasion wear without stacking up. The USP of RMC is that it allows users to sell anything from clothing, accessories and bags for instant cash or shop popular brands for up to 80 per cent off retail.
Samridhi has always been a creative person with active participation into various fine arts activities. After completing her masters of finance management from NIFT, she went on to gain experience at various fashion brands. This experience was critical as it gave her the idea about how people often clutter their wardrobe with clothes which they vary rarely wear. This is when Revamp my closet was born.
Please provide a brief overview of your product/ service.
Revamp my closet is a platform to buy & sell gently used apparels and accessories (Because your maid doesn’t appreciate that Calvin Klein jumpsuit). Revamp My Closet is pretty awesome because:
- Our customers pay a much lesser price for their favorite brand outfit that has been gently used and refurbished to look like-new.
- One can sell their gently used clothes for cash with just one click and no hassles.
- The ultimate solution – One can buy and resell after wearing “the dress” enabling them to have an easy way to constantly explore varied looks. Without burning a hole in their pockets.
What inspired you to build the above product/ service?
One day, not very long ago, I stood and stared at the enormity of my closet. Being married for about a week, I wanted to give a fresh start to my wardrobe as well. The beautiful wedding dress, the ruffle blouse worn just once, the perfect LBD; I knew didn’t fit in my life anymore. But surely, there was someone who would treasure the things I no longer wanted, but how could I find them? Where could I easily and safely sell my things to other like-minded girls and instantly make money to buy different fashion?
Together searching those answers Revamp my closet was born.
What is your life mantra?
Never forget to dream.
What was the most challenging part of your journey till now?
That’s the thing about startups – Challenges which excites us to stretch ourselves.
One of the biggest challenge is to change the mindset of the people with regards to pre-owned stuff.
We feel that there is a significant population which is still skeptical while buying second hand clothes. We are trying to bring that change.
Apart from this, people often have unrealistic expectations for their clothes which they want to sell.
How did you overcome those challenges?
We are helping in creating the change by educating people. We are personally interacting with them and making sure that all their doubts are dealt with.
We help them gain confidence in the products by providing free returns and giving them a seamless shopping experience.
Share some details about the investments that you have been able to fetch for the business till now.
We are currently bootstrapping the business and planning to raise an investment very soon.
According to you, what are the three qualities an individual must have to achieve success?
2) Work For the Dream
3) Never Give Up
Share any one habit which you think makes you more productive.
My love for coffee. It helps me keep up at those extra hours and work!
Share any one habit which you wish to change in yourself.
Waking up late.
Answer in less than 50 words
One tip to success:
Take the plunge!
One mistake you believe every individual must avoid:
Don’t wait to build a perfect product. Launch and improve it.
One most important lesson that you have learnt till now:
Have a long term vision for your company!
What are your plans for next 3 years?
To make sure women only have that stuff in their closets which they absolutely love helping all those fashion lovers become part of a new, more sustainable fashion life-cycle and reducing fashion’s environmental impact.
Apart from this we are planning expansions in new cities and new categories (wedding, luxury).
What are your top three getaway destinations?
I believe in getaways which I can indulge in anytime. So:
1) A great coffee joint.
2) A long drive.
3) A trip to a beach.
Share a quote that inspires you the most.
“We should all start to live before we get too old. Fear is stupid. So are regrets” – Marilyn Monroe