CoutLoot

CoutLoot, based in Mumbai, India, is an innovative platform enhancing e-commerce capabilities for sellers and influencers through AI-driven tools that streamline product promotion and sales management. CoutLoot, officially known as MJVS Fashion Services Pvt. Ltd. , operates from its headquarters in Mumbai, India.

Founded in 2016 by Jasmeet Thind, Mahima Kaul, and Vinit Jain, the company has undergone significant developments, culminating in a funding round in September 2021 where it raised USD 8 mn from investors including 100Unicorns and Ameba Capital. To date, CoutLoot has secured a total of USD 8 mn across 11 investment deals, with its latest funding aimed at enhancing its service offerings and operational capabilities. CoutLoot Swipe focuses on providing a robust platform for e-commerce, offering AI-driven tools that enable users to create engaging videos for their products and manage orders and payments efficiently. The platform serves e-commerce sellers and influencers, aiding them in overcoming challenges related to online sales growth and customer engagement across various markets, primarily in the Indian subcontinent.

In the most recent financial year of 2023, CoutLoot reported a revenue of USD 125,389, with an EBITDA of USD -1,948,592. 4. The company generates revenue through a transactional model, offering services that include video creation and e-commerce management, enabling dynamic engagement between users and their customers. CoutLoot plans to leverage its recent funding of USD 8 mn to expand its service offerings for retailers, incorporating working capital solutions and video-stories commerce features.

The company aims to strengthen its B2B supply chain and is focused on scaling its operations. Upcoming initiatives include launching new products designed to enhance user experience by the end of 2023, with a strategic focus on expanding into additional geographic markets outside the Indian subcontinent.